2016 5th St Sarasota, FL 34237
Downtown Sarasota NeighborhoodEstimated payment $7,123/month
Highlights
- City View
- No HOA
- Central Heating and Cooling System
- Booker High School Rated A-
- Eat-In Kitchen
- Ceiling Fan
About This Home
Under contract-accepting backup offers. Exceptional opportunity to own a 4-Unit property zoned DTE in the City of Sarasota! A short stroll to Downtown dining, shopping, arts, and the bayfront! This income-producing property features four units all equipped with 2 bedrooms and 1 bathroom. Fantastic updates have been done on the interior with strong rental potential and flexibility for short-term or long-term leasing (buyer to verify short-term rental guidelines per City of Sarasota). Ideal for investors seeking Airbnb income, seasonal rentals, or steady annual tenants, this property offers prime location appeal and consistent demand. Walk or bike to Main Street, Payne Park, and all that vibrant Downtown Sarasota has to offer! Whether you're expanding your portfolio or looking for a live-in-one, rent-the-rest strategy, this is a rare opportunity in one of Sarasota’s most desirable rental corridors. Call today for more information on how you can make this yours!
Listing Agent
HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3457308 Listed on: 03/04/2026
Co-Listing Agent
HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3250538
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,241
Year Built
- Built in 1976
Lot Details
- 6,563 Sq Ft Lot
- Lot Dimensions are 62x105
Parking
- Open Parking
Home Design
- Quadruplex
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,058 Sq Ft Home
- Ceiling Fan
- City Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Tuttle Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 47 / 4
- Assessor Parcel Number 2026090102
Community Details
Overview
- No Home Owners Association
- 3,670 Sq Ft Building
- Inwood Park Community
- Inwood Park First Add Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $94,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,952 | $640,743 | -- | -- |
| 2024 | $9,952 | $582,494 | -- | -- |
| 2023 | $9,142 | $631,900 | $269,200 | $362,700 |
| 2022 | $7,777 | $481,400 | $225,000 | $256,400 |
| 2021 | $5,215 | $320,300 | $138,700 | $181,600 |
| 2020 | $5,060 | $314,200 | $90,000 | $224,200 |
| 2019 | $4,568 | $276,400 | $66,500 | $209,900 |
| 2018 | $4,279 | $261,000 | $54,900 | $206,100 |
| 2017 | $3,522 | $183,799 | $0 | $0 |
| 2016 | $3,158 | $172,100 | $28,900 | $143,200 |
| 2015 | $2,928 | $151,900 | $28,900 | $123,000 |
| 2014 | $3,117 | $135,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2026 03/23/26 | Pending | -- | -- | -- | |
| 03/04/2026 03/04/26 | For Sale | $1,149,999 | +58.6% | $376 / Sq Ft | |
| 12/30/2021 12/30/21 | Sold | $725,000 | -3.3% | $237 / Sq Ft | View Prior Sale |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- | |
| 09/24/2021 09/24/21 | For Sale | $749,999 | -- | $245 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Stellar MLS
MLS Number: A4684714
APN: 2026-09-0102
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Listings courtesy of Stellar MLS as distributed by MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.