1721 PARAKEET WAY 700, Sarasota, FL 34232
Two-bedroom condo with golf course views, near Siesta Key.
- Added:
- Mar 24, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 6 at 12:25 am
Property Features for 1721 PARAKEET WAY 700
General Information
- Standard status
- Active
- Size
- 1,049 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1970
Listing agent Sandee Teresa License #3230037
Listing office COMPASS FLORIDA LLC (941) 279-3630
Listing date Mar 24, 2026
Source Exitrealty
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 COMPASS FLORIDA LLC
HighLights
- Prime location: Just 15 minutes from Siesta Key Beach and downtown Sarasota.
- Immediate occupancy available.
- First‑floor unit with a private patio and golf course views.
- Freshly painted with brand‑new laminate floors throughout.
- 2 bedrooms and 2 baths.
- Community pool access and proximity to The Palms Golf Course at Forest Lakes.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $23.28 |
| − Vacancy | −$1.3k | −$1.28 |
| EGI | $23.1k | $22.00 |
| − OpEx | −$10.4k | −$9.90 |
| NOI | $12.7k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.496978
- Latitude
- 27.3178977