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Six-Unit Apartment Complex
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1630 Redwood St, Sarasota, FL 34231

Six-unit multifamily property with concrete block buildings and a mix of two- and one-bedroom units.

Property SizeContact for details
Days on Market125

Property Features for 1630 Redwood St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 6

Amenities

laundry room

Building Details

Construction concrete block
Listing Agency: The Multifamily Firm
Listed By: Phil Ginexi · License #FL SL3266689
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Multifamily Firm

Investment Insights

Based on property information with market context.

Siesta Villas is a six-unit apartment complex comprising three concrete block buildings on one parcel. The property includes four 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. The four 2-bedroom units are separately metered for water/sewer and electric, with those utilities billed to tenants, while the 1-bedroom units are currently operated with utilities included in the rent.

The buildings were constructed in 1978 and 1950. Reported improvements during current ownership include new roofs on all buildings in 2017, renovations to two of the 2-bedroom units featuring granite countertops, new cabinets, new appliances, and new bathroom vanities, along with updates such as new appliances, toilets, and sinks in other units. The property also features a laundry room with new washing machines and dryers, and buildings recently had plumbing lines jetted.

All units are housed within the three-building setup on a single parcel, offering a straightforward unit mix and measured utility structure across the two unit types.

Key Highlights

  • Six‑unit multifamily complex in Sarasota, FL, made up of three concrete block buildings on one parcel
  • Unit mix includes four 2 bed / 2 bath units and two 1 bed / 1 bath units
  • All four 2‑bedroom units are separately metered for water/sewer and electric, with those utilities paid by tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Plumbing Service Tech Support Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,282
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property with concrete block buildings and a mix of two- and one-bedroom units.
Where is this apartment building located?
The property is located at 1630 Redwood St Sarasota, FL.
What are key features of this property?
This property features: Six‑unit multifamily complex in Sarasota, FL, made up of three concrete block buildings on one parcel; Unit mix includes four 2 bed / 2 bath units and two 1 bed / 1 bath units; All four 2‑bedroom units are separately metered for water/sewer and electric, with those utilities paid by tenants
(941) 444-6160 Call to check price and availability
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