Concrete-Block Duplex
For Sale
Contact for pricing
1821 20th Street, Sarasota, FL 34234
Eight duplex buildings provide a uniform two-bedroom, one-bath rental configuration across separate tax parcels.
Property Size56,551 SF
Price / SF$58
Days on Market21
Property Features for 1821 20th Street
General Information
Standard status
Active
Size
56,551 SF
Class
C
Property subtype
Multifamily
Zoning
RMF2, RMF1
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$204,364
Financials
Asking Price
$3,280,000
Gross Income
$230,400
Units
Unit Mix
16 x 2BR/1BA
Multifamily Units
16
Building Details
Year Built
1963
Year Renovated
2006
Buildings
8
Units
16
Tenancy
Multi
Construction
Concrete Block
Listing Agency:
DOUGLAS ELLIMAN
(941) 587-6135
Listed By:
Rex Glasson · License #FL BK3067512
Source:
Crexi
Added: Jul 28
Changed: Aug 10
Last Checked: Aug 17 at 4:41AM
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 DOUGLAS ELLIMAN
Investment Insights
Based on property information with market context.
This multifamily offering includes eight concrete-block duplex buildings containing 16 rental units. Each unit follows the same two-bedroom, one-bath floor plan, creating a consistent operating profile across the portfolio. The properties are 100% occupied and are located within the City of Sarasota’s Newtown Redevelopment Area.
Seven duplexes are grouped along 20th Street in the City Park subdivision, while one is located at 1583 20th Street in Irvington Heights. Each building occupies its own tax parcel, allowing the properties to remain together or be considered separately over time. Zoning across the portfolio includes RMF2 and RMF1. The offering also reflects a 7.02% gross yield on income.
Seven duplexes are grouped along 20th Street in the City Park subdivision, while one is located at 1583 20th Street in Irvington Heights. Each building occupies its own tax parcel, allowing the properties to remain together or be considered separately over time. Zoning across the portfolio includes RMF2 and RMF1. The offering also reflects a 7.02% gross yield on income.
Key Highlights
- 16 total rental units across eight concrete‑block duplex buildings
- Uniform unit mix: every residence has two bedrooms and one bath
- 100% occupied rental portfolio
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Eight duplex buildings provide a uniform two-bedroom, one-bath rental configuration across separate tax parcels.
Where is this duplex located?
The property is located at 1821 20th Street Sarasota, FL.
What is the asking price?
The asking price for this property is $3,280,000.
What are key features of this property?
This property features: 16 total rental units across eight concrete‑block duplex buildings; Uniform unit mix: every residence has two bedrooms and one bath; 100% occupied rental portfolio
