3-Unit Condo
For Sale
$174,900
2920 CLARK Road, Sarasota, FL 34231
Residential Income, SARASOTA, FL
Property Size762 SF
Lot Size0.78 Acres
Price / SF$229.53
Days on Market19
Property Features for 2920 CLARK Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RMF3
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1, Dining Room
Parking features
Assigned, Guest
Window features
Blinds
Pets allowed
Yes
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Exterior features
Courtyard, Sidewalk
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
TOWN N COUNTRY
Lot features
In County, Paved
Elementary school
Gulf Gate Elementary
Middle school
K-8 At Clark And Lorriane
High school
Riverview High
Directions
From I-75 North, take exit 205 and turn left on Clark Rd. Continue for ~4 miles and turn left into complex.
Standard status
Active
APN
0101042012
Size
762 SF
Lot size
0.78 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 204 TOWN'N COUNTRY
Tax Annual Amount
1725
Legal Description
UNIT 204 TOWN'N COUNTRY
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
swimming pool
central courtyard
shared laundry facilities
Building Details
Year built
1971
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX HARBOR REALTY · RE/MAX International
(941) 639-8500
Listed By:
Joe Mason
(941) 525-6252
Added: Oct 1
Changed: Oct 18
Last Checked: Oct 19 at 5:06PM
MLS# C7531342
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.
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Investment Insights
Based on property information with market context.
Three condominium units—101, 102, and 204—are being offered together in one Sarasota building. Unit 204 contains 762 square feet, with a combined living and dining area, two bedrooms, central air, and ceramic tile flooring. The property was built in 1971 and is zoned RMF3.
Residents have access to a swimming pool, central courtyard, and shared laundry facilities. The building roof was replaced in 2022. Siesta Key Beach is less than 3 miles away, and Sarasota-Bradenton International Airport is approximately 10 miles from the property.
Residents have access to a swimming pool, central courtyard, and shared laundry facilities. The building roof was replaced in 2022. Siesta Key Beach is less than 3 miles away, and Sarasota-Bradenton International Airport is approximately 10 miles from the property.
Key Highlights
- Units 101, 102, and 204 offered together
- Unit 204 has 762 square feet and two bedrooms
- Community swimming pool, courtyard, and shared laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,939
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,780
$138.8K
Cap Rate 7%
$99,129
$99.1K
Cap Rate 9%
$77,100
$77.1K
Market Conditions
NOI Build-Up for 762 SF
Gross rent
$14.1K $18.48/SF
− Vacancy
−$1.5K −$1.92/SF
EGI
$12.6K $16.56/SF
− OpEx
−$5.7K −$7.45/SF
NOI
$6.9K $9.11/SF
Area
Sarasota County, FL
Vacancy
10.40%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,780
Cap Rate 7%
$99,129
Cap Rate 9%
$77,100
Alternative Uses
Best Use
Apartment 5plus
$99.1K
$86.7K – $115.7K
NOI $6,939 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.6K
$189.5K – $252.7K
NOI $15,160 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,047
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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Frequently Asked Questions
What type of property is this?
Residential income property - The units share a community pool, courtyard, and laundry facilities.
Where is this residential income property located?
The property is located at 2920 CLARK Road Sarasota, FL.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Units 101, 102, and 204 offered together; Unit 204 has 762 square feet and two bedrooms; Community swimming pool, courtyard, and shared laundry
