Two-Bedroom Residential Income
For Sale
$174,900
2920 CLARK Road, Sarasota, FL 34231
Residential Income, SARASOTA, FL
Property Size757 SF
Lot Size0.78 Acres
Price / SF$231.04
Days on Market12
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 1, Bedroom 2
Parking features
Assigned, Guest
Window features
Blinds
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Exterior features
Courtyard
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
TOWN N COUNTRY
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
0101042002
Size
757 SF
Lot size
0.78 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 102 TOWN'N COUNTRY
Tax Annual Amount
1702
Legal Description
UNIT 102 TOWN'N COUNTRY
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
community swimming pool
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 · License #3438188
(941) 525-6252
Added: Oct 1
Changed: Oct 9
Last Checked: Oct 12 at 6:06AM
MLS# C7531339
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.
Unit 102 at Town 'N Country is a 757-square-foot residential income property with two bedrooms and one bathroom. Interior features include ceiling fans and ceramic tile flooring, with central air conditioning and electric heat. The building is constructed of block and stucco, and its roof was replaced in 2022. The community provides a swimming pool, courtyard, and shared laundry facilities.
The property is less than 3 miles from Siesta Key Beach and approximately 10 miles from Sarasota-Bradenton International Airport. Grocery stores, restaurants, retail, and daily services are also nearby. Units 101, 102, and 204 in the building are being offered together by the owner.
The property is less than 3 miles from Siesta Key Beach and approximately 10 miles from Sarasota-Bradenton International Airport. Grocery stores, restaurants, retail, and daily services are also nearby. Units 101, 102, and 204 in the building are being offered together by the owner.
Key Highlights
- 757‑square‑foot unit with two bedrooms and one bathroom
- Community swimming pool, courtyard, and shared laundry facilities
- Building roof replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,894
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$137,880
$137.9K
Cap Rate 7%
$98,486
$98.5K
Cap Rate 9%
$76,600
$76.6K
Market Conditions
NOI Build-Up for 757 SF
Gross rent
$14.0K $18.48/SF
− Vacancy
−$1.5K −$1.92/SF
EGI
$12.5K $16.56/SF
− OpEx
−$5.6K −$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%
$137,880
Cap Rate 7%
$98,486
Cap Rate 9%
$76,600
Alternative Uses
Best Use
Apartment 5plus
$98.5K
$86.2K – $114.9K
NOI $6,894 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$215.1K
$188.3K – $251.0K
NOI $15,060 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
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 - Residents have access to a community pool, courtyard, and shared 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: 757‑square‑foot unit with two bedrooms and one bathroom; Community swimming pool, courtyard, and shared laundry facilities; Building roof replaced in 2022
