Single-Level Villa
For Sale
$160,000
5031 BARRINGTON Circle, Sarasota, FL 34234
Residential, SARASOTA, FL
Property Size1,204 SF
Price / SF$132.89
Days on Market9
Property Features for 5031 BARRINGTON Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Dining Room, Laundry Room
Pets allowed
Yes
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
BARRINGTON WOODS
Elementary school
Emma E. Booker Elementary
Middle school
Booker Middle
High school
Booker High
Directions
North on US 41 to East on Mecca
Standard status
Active
APN
2001101011
Size
1,204 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 601 BARRINGTON WOODS
Tax Annual Amount
2441
Legal Description
UNIT 601 BARRINGTON WOODS
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
community pool
Building Details
Year built
1982
Floors in Building
1
Flooring type
Wood, Tile - Ceramic
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
EXP REALTY, LLC
(941) 462-3321
Listed By:
Jennifer Kenna · License #3288205
(941) 253-3003
Added: Sep 9
Changed: Sep 16
Last Checked: Sep 17 at 5:06PM
MLS# A4705411
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.
This 1,204-square-foot villa provides single-level living with two bedrooms, two bathrooms, an open living and dining arrangement, split-bedroom layout, and a walk-in closet. The home was built in 1982 and has wood siding, a shingle roof, ceramic tile and wood flooring, central heating, and central air conditioning installed in 2025. A laundry room and included washer, dryer, range, refrigerator, and microwave support everyday functionality.
The property is located at 5031 Barrington Circle in Sarasota, within the Barrington Woods community. A designated covered carport and community pool are included. Public water and public sewer serve the property, while downtown Sarasota, Sarasota-Bradenton International Airport, Sarasota's bayfront, Gulf beaches, shopping, dining, and entertainment are identified nearby. RMF2 zoning applies.
The property is located at 5031 Barrington Circle in Sarasota, within the Barrington Woods community. A designated covered carport and community pool are included. Public water and public sewer serve the property, while downtown Sarasota, Sarasota-Bradenton International Airport, Sarasota's bayfront, Gulf beaches, shopping, dining, and entertainment are identified nearby. RMF2 zoning applies.
Key Highlights
- 1,204‑square‑foot, two‑bedroom, two‑bath villa
- Single‑level floor plan with open living and dining areas
- Central air conditioning installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,568
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$291,360
$291.4K
Cap Rate 7%
$208,114
$208.1K
Cap Rate 9%
$161,867
$161.9K
Market Conditions
NOI Build-Up for 1,204 SF
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.
Gross rent
$28.0K $23.28/SF
− Vacancy
−$1.5K −$1.28/SF
EGI
$26.5K $22.00/SF
− OpEx
−$11.9K −$9.90/SF
NOI
$14.6K $12.10/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$291,360
Cap Rate 7%
$208,114
Cap Rate 9%
$161,867
Alternative Uses
Best Use
Apartment 5plus
$208.1K
$182.1K – $242.8K
NOI $14,568 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.1K
$309.8K – $413.1K
NOI $24,784 @ 7.0% cap · market cap 15.49%
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
358
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom villa with a covered carport, community pool access, and public water and sewer service.
Where is this residential income property located?
The property is located at 5031 BARRINGTON Circle Sarasota, FL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1,204‑square‑foot, two‑bedroom, two‑bath villa; Single‑level floor plan with open living and dining areas; Central air conditioning installed in 2025
