Six-Bedroom Duplex with
For Sale
Under Contract
$640,000
1213 BENEDICT Court, Sarasota, FL 34237
Residential Income, SARASOTA, FL
Property Size2,610 SF
Lot Size0.40 Acres
Price / SF$245.21
Days on Market56
Property Features for 1213 BENEDICT Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF1
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 6, Family Room, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
Parking features
Open
Patio and Porch features
Porch
Pets allowed
Yes
Pool private
1
Interior features
Kitchen/Family Room Combo, Thermostat, Walk-In Closet(s)
Exterior features
Fence, Private Entrance, Private Mailbox, Private Yard
Fencing
Fenced
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
0000 - NOT PART OF A SUBDIVISION
Lot features
Cul-De-Sac
Directions
From Downtown Sarasota, head east on Fruitville Rd, turn left onto N Lime Ave, right onto 12th St, then turn left onto Benedict Ct. Continue into the cul-de-sac; property will be on your left at 1213/1215 Benedict Ct.
Standard status
Active Under Contract
APN
2022080006
Size
2,610 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM AT SW COR OF NE 1/4 OF SE 1/4 OF SEC 16-36-18, TH E 165 FT TH N 160 FT FOR POB TH CONT N 240 FT TH E 113 FT TH S 240 FT TH W 113 FT TO POB, LESS COM AT SAID SW COR OF NE 1/4 OF SE 1/4 OF SEC 16-36-18, TH N-89-54-27-E 278 FT TH N-00-11-58-W 160 FT FOR POB TH S-89-54-27-W 113 FT TH N-00-11-58-W 84.50 FT TH N-89-54-27-E 113 FT TH S-00-11-58-E 84.50 FT TO POB
Tax Annual Amount
8434
Legal Description
COM AT SW COR OF NE 1/4 OF SE 1/4 OF SEC 16-36-18, TH E 165 FT TH N 160 FT FOR POB TH CONT N 240 FT TH E 113 FT TH S 240 FT TH W 113 FT TO POB, LESS COM AT SAID SW COR OF NE 1/4 OF SE 1/4 OF SEC 16-36-18, TH N-89-54-27-E 278 FT TH N-00-11-58-W 160 FT FOR POB TH S-89-54-27-W 113 FT TH N-00-11-58-W 84.50 FT TH N-89-54-27-E 113 FT TH S-00-11-58-E 84.50 FT TO POB
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private swimming pool
patio area
Building Details
Year built
1997
Floors in Building
1
Number of units
2
Building materials
Stucco
Roof type
Shingle
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Raju Gupta · License #3452495
(334) 333-9285
Added: Aug 20
Changed: Oct 4
Last Checked: Oct 14 at 9:06PM
MLS# TB8541085
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 RMF1-zoned duplex contains 2,610 square feet across two units, with 6 bedrooms and 6 full bathrooms in total. Each residence has 3 bedrooms and 3 full bathrooms, and the property includes a kitchenette, a private swimming pool, and a patio area. One unit has a renovated kitchen, and that residence is offered furnished. The seller represents that the roof was replaced around 2020; buyers should verify its permitting, age, and condition. Built in 1997, the property sits on 0.4 acres and has two separate addresses.
The duplex is on a cul-de-sac in Sarasota, with Downtown Sarasota, shopping, dining, entertainment, and Gulf Coast beaches described as nearby. Public water and sewer serve the property. Short-term or other rental use is subject to applicable City of Sarasota requirements.
The duplex is on a cul-de-sac in Sarasota, with Downtown Sarasota, shopping, dining, entertainment, and Gulf Coast beaches described as nearby. Public water and sewer serve the property. Short-term or other rental use is subject to applicable City of Sarasota requirements.
Key Highlights
- Two units with 3 bedrooms and 3 full bathrooms each
- 2,610‑square‑foot duplex on 0.4 acres
- Private swimming pool and patio area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,673
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,460
$533.5K
Cap Rate 7%
$381,043
$381.0K
Cap Rate 9%
$296,367
$296.4K
Market Conditions
NOI Build-Up for 2,610 SF
Gross rent
$42.3K $16.20/SF
− Vacancy
−$4.2K −$1.60/SF
EGI
$38.1K $14.60/SF
− OpEx
−$11.4K −$4.38/SF
NOI
$26.7K $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%
$533,460
Cap Rate 7%
$381,043
Cap Rate 9%
$296,367
Alternative Uses
Best Use
Multifamily LT 5
$381.0K
$333.4K – $444.6K
NOI $26,673 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$339.6K
$297.1K – $396.2K
NOI $23,769 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$741.8K
$649.1K – $865.4K
NOI $51,925 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 34237, FL
16,740
Population
9,194
Households
1.8
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
4,292
Density / Sq Mi
$63,133
Median Household Income
$35,044
Median Earnings
$1,524
Median Rent
$234,400
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 - Two separately addressed residences offer three bedrooms and three full bathrooms apiece.
Where is this duplex located?
The property is located at 1213 BENEDICT Court Sarasota, FL.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two units with 3 bedrooms and 3 full bathrooms each; 2,610‑square‑foot duplex on 0.4 acres; Private swimming pool and patio area
