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Separately Metered Duplex
New
For Sale
$440,000

7013 BRENTFORD ROAD, Sarasota, FL 34241

Each residence has its own water and electric meters, with utility costs paid by tenants.

Property Size1,817 SF
Price / SF$242.16
Days on Market7

Property Features for 7013 BRENTFORD ROAD

General Information

Standard status Active
Size 1,817 SF
Property subtype Duplex

Financials

Asking Price $440,000
Gross Income $42,000

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities water, electricity

Additional Details

Tenant in Place Yes

Amenities

0.17 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 0259040023, Public Survey Range: 19E, Public Survey Section: 05, Annual Amount: $4,652.3, Tax Book Number: 9-23, Legal Description: LOT 1533 LAKE SARASOTA UNIT 17, Lot: 1533, Year: 2025, Zoning: RMF1
Tile
Central Air
Central
Inside
Listing ID: MFRA4710204, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-20, 1 day on market, Special Conditions: None
Elementary School: Lakeview Elementary, Middle School: Sarasota Middle, High School: Sarasota High
4 total bedrooms
Built in 1974, Living area: 1817, Living area units: Square Feet, Levels: One, Construction Materials: Frame
Subdivision: LAKE SARASOTA, MLS Area (Major): 34241 - Sarasota, County/Parish: Sarasota
3 total bathrooms
Cable Available, Electricity Connected, Phone Available, Public, Water - Multiple Meters, Water Source: Public
Slab
Allowed: Yes
Road Surface: Asphalt
Fence
Ceiling Fans(s), Eat-in Kitchen
Electric Water Heater, Range, Refrigerator

Building Details

Year Built 1974
Listing Agency: FINE PROPERTIES
Listed By: Lisa Flynn · License #3317173
Source: Miharaandassociates
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 24 at 6:32PM

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 FINE PROPERTIES

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Investment Insights

Based on property information with market context.

This two-unit property in Sarasota was built in 1974 and has had recent updates to both residences. A newly installed white vinyl fence adds a defined boundary around the property.

The duplex is served by a bus route and is near I-75. Separate water and electric meters serve the two units, and tenants pay their own utility costs. The property reports a 9.55% gross rental yield.

Key Highlights

  • Two residential units, both recently updated
  • Separate water and electric meters for each unit; tenants pay their utility costs
  • Reported gross rental yield of 9.55%

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,569
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,380 $371.4K
Cap Rate 7%
$265,271 $265.3K
Cap Rate 9%
$206,322 $206.3K
Market Conditions
NOI Build-Up for 1,817 SF
Gross rent
$29.4K $16.20/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$26.5K $14.60/SF
− OpEx
−$8.0K −$4.38/SF
NOI
$18.6K $10.22/SF
Area
Sarasota County, FL
Vacancy
9.88%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,380
Cap Rate 7%
$265,271
Cap Rate 9%
$206,322

Alternative Uses

Best Use
Multifamily LT 5
$265.3K
$232.1K – $309.5K (±1% cap)
NOI $18,569 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$236.4K
$206.8K – $275.8K (±1% cap)
NOI $16,547 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$516.4K
$451.9K – $602.5K (±1% cap)
NOI $36,148 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 34241, FL

14,589
Population
6,719
Households
2.2
Avg Household Size
52
Median Age
48%
College-Educated
96%
High-School Grad
70.1 sq mi
ZIP Area
208
Density / Sq Mi
$113,114
Median Household Income
$44,289
Median Earnings
$1,797
Median Rent
$479,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own water and electric meters, with utility costs paid by tenants.
Where is this duplex located?
The property is located at 7013 BRENTFORD ROAD Sarasota, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two residential units, both recently updated; Separate water and electric meters for each unit; tenants pay their utility costs; Reported gross rental yield of 9.55%
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