$1,600,000
$200K PRICE DROP

Estimated payment $9,370/month

Total Views 14,628
6 Beds
6 Baths
2,832 Sq Ft
$565 Price per Sq Ft

Highlights

  • No HOA
  • Courtyard
  • Central Heating and Cooling System
  • Riverview High School Rated A
  • Outdoor Storage
  • 2-minute walk to Pioneer Park

About This Home

Delmar Apts on 13th | Turnkey 5-Unit Investment in Downtown Sarasota

Welcome to Delmar Apartments on 13th, where mid-century charm meets modern city living in one of Sarasota’s most walkable downtown pockets. This fully updated, turnkey 5-unit multifamily property offers a rare blend of character, convenience, and cash flow potential—ideal for short-term rentals, seasonal use, or long-term hold strategies.

The property includes:

Four stylish 1-bedroom, 1-bath units, each radiating a retro-cool vibe and loaded with modern comforts.

A spacious owner-quality unit featuring 2 bedrooms, 1.5 baths, a large full kitchen, den (optional 3rd bedroom), and a separate bonus room perfect for an office, media lounge, or guest space.

All units are:

Fully furnished and turnkey

Outfitted with fully equipped kitchens

Thoughtfully designed for today’s travelers and tenants

Additional amenities include:

Covered parking

Outdoor storage

On-site laundry

A spacious back patio perfect for evening gatherings.

Just minutes (or moments by bike) from the Downtown Farmers Market, Bayfront Park, Main Street’s vibrant restaurant scene, Whole Foods, Publix, and more, this property offers unbeatable access to everything Sarasota has to share.

Whether you're looking to build your STR portfolio or live in one unit while renting the others, Delmar Apts on 13th is a rare gem in an A+ location.

Listing Agent

Rex Glasson

DOUGLAS ELLIMAN Brokerage Phone: License #3067512 Listed on: 06/24/2024

DOUGLAS ELLIMAN

Co-Listing Agent

Cathy Palmer

DOUGLAS ELLIMAN Brokerage Phone: License #3533010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,030

Year Built

  • Built in 1961

Lot Details

  • 6,180 Sq Ft Lot
  • Fenced

Parking

  • 5 Carport Spaces

Home Design

  • 2,832 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Built-Up Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Courtyard
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 2025050018

Community Details

Overview

  • No Home Owners Association
  • 4,402 Sq Ft Building
  • Valencia Terrace Rev Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,030

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Frame
  • Fireplace: No
  • Living Area: 2832
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 4402
  • Lot Size Sq Ft: 6180
  • Directions to Property: north on us41 past 10th street, turn right on 13th street, property is on the right.
  • Status: Active
  • Co List Office Mls Id: MFR281542877
  • Co List Office Phone: 941-867-6199
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 576862852
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 564.97
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: Lena White
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 1236
  • Living Area Meters: 263.10

Exterior Features

  • Exterior Features: Courtyard, Fence, Lighting, Sidewalk, Storage
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0131G

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air, Ductless
  • Heating: Central, Other
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2025050018
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 574

Rental Info

  • Lease Restrictions YN: 1

Multi Family

  • Number Of Units Total: 5
  • Total Num Buildings: 1
  • Unit Count: 5
  • Est Annual Market Income: 131313.00

Tax Info

  • Tax Annual Amount: 8030
  • Tax Block: A
  • Tax Book Number: 1-45
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $1,600,000 -13.5% $565 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,850,000 +15.6% $653 / Sq Ft
04/25/2025 04/25/25 For Sale $1,600,000 0.0% $565 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
01/01/2025 01/01/25 Price Changed $1,600,000 -5.9% $565 / Sq Ft
10/21/2024 10/21/24 Price Changed $1,700,000 -5.6% $600 / Sq Ft
06/24/2024 06/24/24 For Sale $1,800,000 -- $636 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: A4614669

Stellar MLS

APN: 2025-05-0018