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    Sarasota, FL Apartment Buildings for Sale

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    Five-Unit Apartment Building with Pool
    Updated: Apr 27
    Five-Unit Apartment Building with Pool

    4001 GROVELAND Avenue, Sarasota, FL 34231

    $1,375,000
    4,291 sqft 0.59 AC lot
    Five 2‑bedroom, 1‑bath units in a 4,291‑square‑foot apartment building
    0.59‑acre parcel with RMF2 zoning
    Private heated and cooled pool with screened patio room
    Exterior painted in 2024; kitchens in Units 2, 3, and 4 remodeled in 2024
    Roof replaced in 2014; major plumbing replacement completed in 2009 and 2010
    View details
    Five-Unit Apartment Building
    Updated: Dec 10, 2025
    Five-Unit Apartment Building

    503 N OSPREY Avenue, Sarasota, FL 34236

    $1,159,999
    2,958 sqft 0.23 AC lot
    Five‑unit apartment complex totaling 2,958 square feet
    0.23‑acre DTN‑zoned corner lot
    Unit mix includes two 1‑bedroom units, two 2‑bedroom units, and one studio
    Three units are month to month; two have 1‑year leases
    Common‑area laundry for residents
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    Five-Unit Short-Term Rental Building
    Five-Unit Short-Term Rental Building

    1236 13th St, Sarasota, FL 34236

    $1,600,000
    2,832 sqft

    Five-unit multifamily property zoned for short-term rental, with four one-bedroom units and one two-bedroom unit with a den.

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    See hot listings in Sarasota

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Downtown Sarasota Five-Unit Apartment Complex
    Downtown Sarasota Five-Unit Apartment Complex

    503 N Osprey Ave, Sarasota, FL 34236

    $1,159,999
    2,958 sqft

    Five-unit apartment complex in downtown Sarasota with development potential.

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    Sarasota Multifamily Property Near Golf
    Sarasota Multifamily Property Near Golf

    3700 BENEVA ROAD #601-613, Sarasota, FL 34232

    $3,790,000
    13,428 sqft 0.62 AC lot

    13-unit multifamily property with updated units and golf course views.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    2700 Palmadelia Avenue, Sarasota, FL 34234

    Contact for pricing
    7,744 sqft 0.54 AC lot

    CBN zoning supports multifamily use within Sarasota’s Newtown Redevelopment Area.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Renovated 16-Unit Apartment Community
    Renovated 16-Unit Apartment Community

    1410 Magellan Drive, Sarasota, FL 34243

    Contact for pricing
    5,163 sqft

    Efficiency apartments feature updated interiors and General Commercial zoning in Sarasota.

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    10-Unit Townhome-Style Apartment Complex
    10-Unit Townhome-Style Apartment Complex

    2744 Proctor Rd, Sarasota, FL 34231

    Contact for pricing
    14,780 sqft

    Fully occupied community with two-bedroom layouts, private patios, a swimming pool, and recent capital improvements.

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    Five-Unit Apartment Building with Pool
    Five-Unit Apartment Building with Pool

    4001 GROVELAND AVE, Sarasota, FL 34231

    $1,375,000

    Individually metered units, paved parking, and public water and sewer support flexible rental operations.

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    Downtown Multifamily Development Opportunity
    Downtown Multifamily Development Opportunity

    200 S Washington Blvd, Sarasota, FL 34236

    Contact for pricing
    75,000 sqft

    Equity placement opportunity for a planned 242-unit multifamily development delivering in 2028 in downtown Sarasota.

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    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 10 Active listings in Sarasota, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 8-Unit Apartment Portfolio
    Renovated 8-Unit Apartment Portfolio

    1211 62ND Avenue E, Bradenton, FL 34203

    $2,399,900
    8,144 sqft 0.09 AC lot

    Four adjacent duplex buildings offer individually metered units with separate utility billing and updated interiors.

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    29-Unit Apartment Building
    29-Unit Apartment Building

    507 10th Avenue West, Palmetto, FL 34221

    Contact for pricing
    21,484 sqft 0.92 AC lot

    Residential buildings offer a pool, sundeck, direct-entry units, and on-site laundry.

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    15-Unit Apartment Property
    15-Unit Apartment Property

    1005 63rd Ave W, Bradenton, FL 34207

    Contact for pricing
    12,170 sqft 1.00 AC lot

    Two single-story concrete block buildings provide a mix of one- and two-bedroom residences in a multi-family setting.

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    8-Unit Apartment Complex
    8-Unit Apartment Complex

    1913 3rd Avenue East, Palmetto, FL 34221

    $1,235,000

    Renovated multifamily property with a varied unit mix, full occupancy, updated interiors, and tenant laundry facilities.

    View details

    Off-Market Properties in Sarasota, FL

    Consider similar Off-Market properties in Sarasota, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1415 2nd St1st-floor
    APARTMENT HOUSE (100+ UNITS)

    1415 2nd St1st-floor, Sarasota, FL 34236-5102

    Estimated value:
    $83,710,000
    306,770 sqft 1.08 AC lot
    View details
    7302 Manatee St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7302 Manatee St, Sarasota, FL 34243-1511

    Estimated value:
    $485,000
    1,400 sqft 0.41 AC lot
    View details
    7310 Manatee St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7310 Manatee St, Sarasota, FL 34243-1511

    Estimated value:
    $600,000
    3,972 sqft 0.41 AC lot
    View details
    555 Orange Ave
    APARTMENT HOUSE (5+ UNITS)

    555 Orange Ave, Sarasota, FL 34236-5151

    Estimated value:
    $1,530,000
    6,921 sqft 0.39 AC lot
    View details
    1410 Magellan Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1410 Magellan Dr, Sarasota, FL 34243-4429

    Estimated value:
    $1,590,000
    5,163 sqft 0.34 AC lot
    View details
    650 Central Ave
    APARTMENT HOUSE (5+ UNITS)

    650 Central Ave, Sarasota, FL 34236-4091

    Estimated value:
    $5,520,000
    22,842 sqft 1.09 AC lot
    View details
    2895 Telluride Loop
    APARTMENT HOUSE (5+ UNITS)

    2895 Telluride Loop, Sarasota, FL 34243

    Estimated value:
    $5,285,000
    36,324 sqft 25.59 AC lot
    View details
    7887 Lockwood Rdg Rd
    APARTMENT HOUSE (5+ UNITS)

    7887 Lockwood Rdg Rd, Sarasota, FL 34243-4935

    Estimated value:
    $3,585,000
    23,496 sqft 26.53 AC lot
    View details
    1504 Suponic Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1504 Suponic Ave, Sarasota, FL 34243-3911

    Estimated value:
    $350,000
    2,616 sqft 0.24 AC lot
    View details
    1511 Suponic Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1511 Suponic Ave, Sarasota, FL 34243-3917

    Estimated value:
    $355,000
    2,535 sqft 0.24 AC lot
    View details
    2595 University Pkwy
    APARTMENT HOUSE (5+ UNITS)

    2595 University Pkwy, Sarasota, FL 34243-2998

    Estimated value:
    $12,955,000
    64,784 sqft 1.80 AC lot
    View details
    6104 Turnbury Park Dr
    APARTMENT HOUSE (5+ UNITS)

    6104 Turnbury Park Dr, Sarasota, FL 34243-3107

    Estimated value:
    $1,155,000
    6,322 sqft 31.80 AC lot
    View details
    7307 Shepherd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7307 Shepherd St, Sarasota, FL 34243-1427

    Estimated value:
    $400,000
    1,713 sqft 0.59 AC lot
    View details
    3507 Estrada St
    APARTMENT HOUSE (5+ UNITS)

    3507 Estrada St, Sarasota, FL 34239-7408

    Estimated value:
    $525,000
    600 sqft 0.60 AC lot
    View details

    Sarasota, FL Apartment Buildings Market Trends and Statistics

    Explore 35 apartment buildings for sale in Sarasota, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 129,154 square feet of properties for sale, with an estimated market value of $10,459,998.

    Sale prices for apartment complexes in Sarasota, FL start at $1,159,999, averaging $1,743,333, and reaching up to $3,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 264K
    Population Growth (5Y) +6.9%
    Median Household Income $83,135
    College Educated 43.1%

    High-Yield Neighborhoods for Investment

    Identify Sarasota submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    34236 $1.3M
    34231 $1.4M
    34232 $3.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $10.04 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sarasota County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sarasota fall within the 25,000 to 50,000 square foot range.

    How Realmo verifies these figures

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    Browse Apartment buildings for Sale Near Sarasota, FL

    Popular Searches in Sarasota, FL

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    Most Searched ZIP Codes in Sarasota, FL

    • 34236
    • 34231
    • 34232
    • 34234
    • 34243

    Featured Sarasota Real Estate Agencies

    Realmo connects you with licensed Sarasota CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Preferred Shore
    50 S Lemon Ave, 302 Sarasota, FL 34236
    Phone: 19419991179
    PreferredShore.com
    Keller Williams on the Water Sarasota
    1549 Ringling Blvd, Ste 600 Sarasota, FL 34236
    Phone: 19418037522
    www.kwsarasotametro.com
    PREMIER PLUS REALTY
    227 CENTRAL AVE Sarasota, FL 34236
    Phone: 19412280077
    WWW.PREMIERPLUSREALTY.COM
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