Two-Unit Duplex with
For Sale
$374,900
1805 MARBETH Street, Sarasota, FL 34231
Residential Income, SARASOTA, FL
Property Size1,694 SF
Lot Size0.17 Acres
Price / SF$221.31
Days on Market77
Property Features for 1805 MARBETH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking features
Off Street
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor
Exterior features
Sidewalk
Appliances
Dryer, Range, Refrigerator, Washer
Subdivision
NORTH VAMO SUB 2
Lot features
In County, Level, Sidewalk, Paved
Elementary school
Gulf Gate Elementary
Middle school
Sarasota Middle
High school
Riverview High
Directions
Take I-75 S to Honore Ave, Take E Bay St to US-41 N/N Tamiami Trail in Osprey, Turn right onto US-41 N/N Tamiami Trail, Turn left onto Vamo Way, Turn right onto Marbeth St, Duplex will be on the left
Standard status
Active
APN
0124120005
Size
1,694 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 9 BLK B NORTH VAMO PLAT 2
Tax Annual Amount
3772
Legal Description
LOT 9 BLK B NORTH VAMO PLAT 2
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
range
refrigerator
washer
dryer
Building Details
Year built
1979
Floors in Building
1
Flooring type
Carpet, Tile, Vinyl
Building materials
Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Drew Betz, LLC · License #3308722
(941) 224-8402
Added: Jul 23
Changed: Oct 7
Last Checked: Oct 7 at 12:06PM
MLS# A4700880
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,694-square-foot duplex contains two separate homes, each configured with two bedrooms and one bathroom. Both units include a range, refrigerator, washer, and dryer, along with central heating and cooling. Interior finishes include tile, vinyl, and carpet, while the property also offers a patio, off-street parking, sidewalk access, and a stucco exterior. Built in 1979, the property sits on a 0.17-acre lot and is zoned RMF1. A new septic system is being installed.
The duplex is located at 1805 Marbeth Street in Sarasota, near Sprouts Farmers Market and Wharf Road Park. A bus stop along Tamiami Trail provides nearby transit access. Public water service is available, with septic tank sewer service, cable availability, and a shingle roof serving the property.
The duplex is located at 1805 Marbeth Street in Sarasota, near Sprouts Farmers Market and Wharf Road Park. A bus stop along Tamiami Trail provides nearby transit access. Public water service is available, with septic tank sewer service, cable availability, and a shingle roof serving the property.
Key Highlights
- Two separate 2‑bedroom, 1‑bathroom residences within a 1,694‑square‑foot duplex
- Each unit includes a range, refrigerator, washer, and dryer
- 0.17‑acre lot with RMF1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,312
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,240
$346.2K
Cap Rate 7%
$247,314
$247.3K
Cap Rate 9%
$192,356
$192.4K
Market Conditions
NOI Build-Up for 1,694 SF
Gross rent
$27.4K $16.20/SF
− Vacancy
−$2.7K −$1.60/SF
EGI
$24.7K $14.60/SF
− OpEx
−$7.4K −$4.38/SF
NOI
$17.3K $10.22/SF
Area
Sarasota County, FL
Vacancy
9.88%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,240
Cap Rate 7%
$247,314
Cap Rate 9%
$192,356
Alternative Uses
Best Use
Multifamily LT 5
$247.3K
$216.4K – $288.5K
NOI $17,312 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$220.4K
$192.8K – $257.1K
NOI $15,427 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$481.4K
$421.3K – $561.7K
NOI $33,701 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Explore this area
Business Placement
Demographics for 34231, FL
31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences support leasing both homes or occupying one while renting the other.
Where is this duplex located?
The property is located at 1805 MARBETH Street Sarasota, FL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bathroom residences within a 1,694‑square‑foot duplex; Each unit includes a range, refrigerator, washer, and dryer; 0.17‑acre lot with RMF1 zoning
