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    Sarasota, FL Multifamily Properties for Sale

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    Renovated Duplex with Month-to-Month Tenants
    Updated: Feb 6
    Renovated Duplex with Month-to-Month Tenants

    6201-6205 DRAW LANE, Sarasota, FL 34238

    $549,900
    2,093 sqft 0.43 AC lot
    Duplex with 2 units; each unit has 2 bedrooms and 2 bathrooms
    Both units have been renovated and have month‑to‑month tenants in place
    Central heating and central air conditioning
    Appliances include a garbage disposer, range, and refrigerator
    Attached garage parking and shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    6201-6205 DRAW LANE, SARASOTA, FL 34238

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $393K
      Suggested

    • Property Type

      Duplex
      Built 1987
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    Sarasota Multifamily Investment Opportunity
    Updated: Jan 8
    Sarasota Multifamily Investment Opportunity

    3700 BENEVA ROAD, Sarasota, FL 34232

    $3,790,000
    13,428 sqft 0.62 AC lot
    Roof replacement underway, to be completed before closing.
    Free standing building with no HOA.
    13 total units: 2‑bedroom/2‑bathroom and 2‑bedroom/2.5‑bathroom townhomes.
    Most units updated with new luxury vinyl flooring, new kitchens, and new bathrooms.
    A/C units and water heaters are mostly new or less than 4 years old.
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    Duplex Short-Term Rental Property
    Duplex Short-Term Rental Property

    4925 REMINGTON DRIVE, Sarasota, FL 34234

    $599,000
    1,605 sqft 0.17 AC lot

    Well-maintained duplex home currently used as a short-term rental, offering an established setup and flexible owner-occupant use.

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    Siesta Key Income-Generating Duplex
    Siesta Key Income-Generating Duplex

    527 BEACH ROAD, Sarasota, FL 34242

    $3,195,000
    1,803 sqft 0.17 AC lot

    Renovated duplex on Beach Road, Siesta Key. Turnkey investment.

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    Historic Pineapple Apartments in Burns Square
    Historic Pineapple Apartments in Burns Square

    530 S ORANGE Ave, Sarasota, FL 34236

    $8,500,000
    3,000 sqft

    Landmark mixed-use property with vacation rentals and retail.

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    Duplex With Two Units
    Duplex With Two Units

    3615 HIGEL AVENUE, Sarasota, FL 34242

    $650,000
    1,550 sqft 0.30 AC lot

    Duplex offered as-is on a residential lot, with flexibility to restore or rebuild for a coastal-oriented income setup.

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    Income-Producing Duplex in Sarasota
    Income-Producing Duplex in Sarasota

    993 GARY STREET, Sarasota, FL 34234

    $460,000
    1,679 sqft 0.22 AC lot

    Updated duplex with income potential near downtown Sarasota.

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    Short-Term Rental Apartment Building
    Short-Term Rental Apartment Building

    1236 13th Street, Sarasota, FL 34236

    $1,600,000
    2,832 sqft

    Five-unit apartment building zoned for short-term rentals, including four one-bedrooms and one two-bedroom with den.

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    Sarasota Duplex: Rare Opportunity
    Sarasota Duplex: Rare Opportunity

    2564 WOOD STREET, Sarasota, FL 34237

    $449,000
    2,118 sqft 0.21 AC lot

    Two homes in one, exceptional Sarasota opportunity near beaches.

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    Downtown Sarasota Mixed-Use Building
    Downtown Sarasota Mixed-Use Building

    1345 2ND STREET, Sarasota, FL 34236

    $3,800,000
    8,165 sqft 0.12 AC lot

    Three-story mixed-use building in the heart of Downtown Sarasota.

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    Remodeled Duplex Near Siesta Key
    Remodeled Duplex Near Siesta Key

    2214 MICHELE DRIVE, Sarasota, FL 34231

    $799,000
    1,840 sqft 0.26 AC lot

    Two-unit multifamily property near beaches, golf, shopping, and restaurants.

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    Gulf-Front Development Land with Quadplex
    Gulf-Front Development Land with Quadplex

    113 & 125 Big Pass Lane, Sarasota, FL 34242

    $16,100,000
    1.40 AC lot

    Two Gulf-front lots on a private gated lane include a four-unit home with separate entrances.

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    Multifamily Development Opportunity in Sarasota
    Multifamily Development Opportunity in Sarasota

    200 S Washington Blvd, Sarasota, FL 34236

    Contact for pricing
    1,015 sqft

    242-unit multifamily development in downtown Sarasota, delivery in 2028.

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    Sarasota Duplex with RV Hookup
    Sarasota Duplex with RV Hookup

    1860 SOUTHPOINTE Dr, Sarasota, FL 34231

    $849,000
    0.29 AC lot

    Duplex in Sarasota with RV hookup and boat dock access.

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    Siesta Key Bayside Condo
    Siesta Key Bayside Condo

    1325 SIESTA BAYSIDE DRIVE 1325B, Sarasota, FL 34242

    $1,099,000
    1,645 sqft

    Furnished 3-bedroom condo with short-term rental potential.

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    Beachfront Oasis at Siesta Key
    Beachfront Oasis at Siesta Key

    915 SEASIDE DRIVE 407, Sarasota, FL 34242

    $3,250,000
    2,255 sqft 3.63 AC lot

    Luxury 3-bedroom condo with sunset views and resort amenities.

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    Remodeled Duplex Near Lido Beach
    Remodeled Duplex Near Lido Beach

    721 N OSPREY Ave, Sarasota, FL 34236

    $639,800
    0.17 AC lot

    Remodeled duplex near beaches, downtown Sarasota, and St. Armands.

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    Turnkey Furnished Siesta Key Condo
    Turnkey Furnished Siesta Key Condo

    6157 MIDNIGHT PASS ROAD E65, Sarasota, FL 34242

    $547,500
    1,101 sqft 4.25 AC lot

    2-bed, 2-bath condo near Siesta Key Beach.

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    Updated Villa Near Siesta Key
    Updated Villa Near Siesta Key

    3630 WHITE PINE COURT 138, Sarasota, FL 34238

    $360,000
    1,353 sqft

    Turnkey furnished villa with amenities and income potential.

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    Downtown Sarasota Five-Unit Apartment Complex
    Downtown Sarasota Five-Unit Apartment Complex

    503 N OSPREY Ave, Sarasota, FL 34236

    $1,199,999

    Five-unit apartment complex in downtown Sarasota with development potential.

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    Rosemary District Triplex with Development Potential
    Rosemary District Triplex with Development Potential

    420 KUMQUAT Ct, Sarasota, FL 34236

    $1,525,000

    Triplex in downtown Sarasota with income and development opportunities.

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    Lido Key Income-Producing Portfolio
    Lido Key Income-Producing Portfolio

    170 ROOSEVELT Dr 10, Sarasota, FL 34236

    $1,300,000

    Turnkey short-term rental portfolio on South Lido Key.

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    Beachfront Condominium Unit with Furnishings
    Beachfront Condominium Unit with Furnishings

    5830 MIDNIGHT PASS Rd 48, Sarasota, FL 34242

    $558,000

    Turnkey one-bedroom, one-bath condo in Jamaica Royale with access to private beachfront and multiple heated pools.

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    Siesta Key Condo Investment
    Siesta Key Condo Investment

    6703 MIDNIGHT PASS ROAD 208, Sarasota, FL 34242

    $349,000
    702 sqft

    One-bedroom condo near Siesta Key Beach with rental potential.

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    Sarasota, FL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Sarasota, FL, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 52,501 square feet of properties for sale, with an estimated market value of $34,016,150.

    Sale prices for multifamily properties in Sarasota, FL start at $95,000, averaging $1,700,807, and reaching up to $8,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 20
    Duplexes 10
    Apartment buildings 8
    Mobile home & RV parks 2
    Quadplexes 2

    Demographics Overview

    Population 264K
    Population Growth (5Y) +6.9%
    Median Household Income $83,135
    College Educated 43.1%

    High-Yield Neighborhoods for Investment

    Identify Sarasota submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    34243 $145K
    34238 $360K
    34234 $503K
    34231 $877.4K
    34237 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $10.04 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sarasota County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sarasota fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Sarasota, FL

    • 34236
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    • 34237
    • 34231
    • 34243
    • 34232
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    • 34239

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