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Downtown Sarasota Multifamily Homes & Duplexes for Sale

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  • /35

    $499,000

    • 3 Beds
    • 2 Baths
    • 1,652 Sq Ft

    2245 Bahia Vista St, Sarasota, FL 34239

    **** $50,000 PRICE REDDUCTION******* Already generating BIG $$$$ ($80,00 in 2024 alone) income through Airbnb and remotely managed, this property holds even greater potential when listed on platforms like VRBO and Booking. com—an excellent opportunity for investors looking to maximize returns.Experience the charm of Old Florida in this beautifully maintained, turnkey, Key

    Steven Weiss REDFIN CORPORATION

    2245 Bahia Vista St, Sarasota, FL 34239
  • /29

    $1,294,000

    • 7 Beds
    • 6 Baths
    • 3,432 Sq Ft

    2655 Bay St, Sarasota, FL 34237

    One or more photo(s) has been virtually staged. Step into this fully renovated, professionally designed 2-unit multifamily with a 6-bedroom, 5-bathroom main residence—and a legal 1-bedroom, 1-bath attached apartment offering exceptional income or multigenerational living potential. Perfectly positioned just east of Downtown Sarasota and adjacent to the Legacy Trail, this property blends luxury,

    David Litvinov KELLER WILLIAMS ON THE WATER S

    2655 Bay St, Sarasota, FL 34237
  • /23

    $465,000

    • 6 Beds
    • 4 Baths
    • 2,132 Sq Ft

    2228 25th St, Sarasota, FL 34234

    Well-maintained and income-producing Sarasota duplex featuring two spacious 3BD/1.5BA units, each with its own private entry. Less than 10 minutes from Downtown Sarasota! Market rents call for $4.4k/month for the building, well above current rents, providing tremendous upside for new investors. Recent upgrades include full property re-piping in 2024, tankless water heaters, and a newer roof

    Owen Cascio REAL PROPERTY MANAGEMENT SUNSHINE CITY

    2228 25th St, Sarasota, FL 34234
  • /17

    $2,200,000

    • 8 Beds
    • 5 Baths
    • 1,027 Sq Ft

    2050 10th St, Sarasota, FL 34237

    This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood offersa rare redevelopment opportunity in an area experiencing ongoing growth. Totalingapproximately 35,000 square feet (350 road frontage x 100) deep or (0.80 acres), the site currently includes five income-producing rental units bringing in a total of $8,250 per month. The property is also situated

    Connor Meckley PREFERRED SHORE LLC

    2050 10th St, Sarasota, FL 34237
  • /30

    $1,299,000

    • 3,320 Sq Ft

    301 S Osprey Ave, Sarasota, FL 34236

    Prime Investment Opportunity in Laurel Park – Historic 4-Plex with Exceptional Income Potential! Discover your next smart investment in the heart of Laurel Park, one of Sarasota’s most desirable and historic neighborhoods. Just three blocks from vibrant Main Street and minutes from the city’s renowned Gulf Coast beaches, this charming 4-unit multifamily property offers a rare chance to own

    Timothy Bloch QUEST PROPERTIES INC

    301 S Osprey Ave, Sarasota, FL 34236
  • /38

    $239,000

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft

    635 N Jefferson Ave Unit 635, Sarasota, FL 34237

    Don't miss this incredible opportunity to own a beautifully updated two-bedroom, two-bath villa in the sought-after community of Jefferson Pines, just minutes from vibrant downtown Sarasota. Enjoy world-class dining, shopping, theaters, opera and year-round events right at your fingertips nearby, all while in a serene, fairytale-like setting. This charming end-unit villa features a spacious, open

    Sandi Ansilio PREMIER SOTHEBY'S INTERNATIONAL REALTY

    635 N Jefferson Ave Unit 635, Sarasota, FL 34237
  • /21

    $650,000

    • 4 Beds
    • 2 Baths
    • 1,569 Sq Ft

    1726 8th St, Sarasota, FL 34236

    Prime Redevelopment Opportunity in Gillespie ParkCurrently configured as a duplex, this property offers excellent potential to be transformed into a spacious single-family home or an income-generating multifamily residence. Located in the desirable Gillespie Park neighborhood, just north of downtown Sarasota, this DTN-zoned lot is ideal for investors or homeowners seeking value and

    Vincent Ricaud INVESTUS REALTY LLC

    1726 8th St, Sarasota, FL 34236
  • /94

    $2,850,000

    • 4 Beds
    • 4 Baths
    • 4,451 Sq Ft

    1755 7th St, Sarasota, FL 34236

    RARE MULTIPLE-SINGLE FAMILY RESIDENTIAL COMPOUND OPTION IN DOWNTOWN SARASOTA’S GILLESPIE PARK includes this stunning 2023 custom-built dual residence with all the latest technology. Located next-door, a TOTALLY renovated two bed/two bath Florida bungalow at 1765 7th Street is also for sale. Purchasing these two properties together would create a unique ADA compliant three home compound or

    Tess Herschman COLDWELL BANKER REALTY

    1755 7th St, Sarasota, FL 34236
  • /50

    $739,000

    • 4 Beds
    • 4 Baths
    • 2,063 Sq Ft

    432 Adelia Ave, Sarasota, FL 34236

    Charming Fourplex in the Heart of Gillespie Park! This 4-unit property is bursting with character and income potential. Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure

    Randy Buff COASTAL CONNECTION REALTY

    432 Adelia Ave, Sarasota, FL 34236
  • /23

    $598,000

    • 3 Beds
    • 2 Baths
    • 1,494 Sq Ft

    2415 Pelican Dr, Sarasota, FL 34237

    Charming 1950s Florida Ranch-Style Duplex in Sought-After Terrace Gardens! Don't miss this rare opportunity to own a classic mid-century Florida ranch home, smartly divided into two separate units in the desirable Terrace Gardens community. Situated on an expansive corner lot, this property offers flexibility, income potential, and future development possibilities. Unit 2415 features 2

    Ingrid Caruso COLDWELL BANKER REALTY

    2415 Pelican Dr, Sarasota, FL 34237
  • /27

    $1,150,000

    • 1 Bed
    • 5 Baths
    • 1,316 Sq Ft

    525 Rawls Ave, Sarasota, FL 34236

    Investor’s Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces.One unit is turnkey

    Timothy Bloch QUEST PROPERTIES INC

    525 Rawls Ave, Sarasota, FL 34236
  • /32

    $1,500,000

    • 12 Beds
    • 6 Baths
    • 2,035 Sq Ft

    2251 19th St, Sarasota, FL 34234

    Prime Central Sarasota Location – Spacious & Fully Remodeled Units!Discover your next investment property in the heart of Central Sarasota! This multi-unit property offers large, beautifully shaded yards and private fenced backyards for each unit, providing both privacy and outdoor space for tenants to enjoy. Most units have been fully remodeled inside with modern vinyl plank flooring

    Arielle Corinti OCEAN BLUE REALTY,INC.

    2251 19th St, Sarasota, FL 34234
  • /45

    $1,600,000

    • 4 Beds
    • 2 Baths
    • 1,596 Sq Ft

    624 Goodrich Ave, Sarasota, FL 34236

    Rare Half-Acre Development Opportunity in Sarasota’s Gillespie ParkDTN-Zoned | Approved for up to Six Units | Prime Corner LotDiscover one of the most compelling infill opportunities in Sarasota’s urban core. This .5-acre double lot—positioned on a high-visibility corner in the heart of Gillespie Park—offers sought-after DTN (Downtown Neighborhood) zoning with approval for up to six

    Rex Glasson DOUGLAS ELLIMAN

    624 Goodrich Ave, Sarasota, FL 34236
  • /45

    $1,600,000

    • 1,369 Sq Ft

    1705 6th St, Sarasota, FL 34236

    Rare Half-Acre Development Opportunity in Sarasota’s Gillespie ParkDTN-Zoned | Approved for up to Six Units | Prime Corner LotDiscover one of the most compelling infill opportunities in Sarasota’s urban core. This .5-acre double lot—positioned on a high-visibility corner in the heart of Gillespie Park—offers sought-after DTN (Downtown Neighborhood) zoning with approval for up to six three-story

    Rex Glasson DOUGLAS ELLIMAN

    1705 6th St, Sarasota, FL 34236
  • /33

    $1,195,000

    • 5 Beds
    • 3 Baths
    • 1,826 Sq Ft

    407 Ohio Place, Sarasota, FL 34236

    Welcome to a rare Triplex in the coveted Downtown Historic District of Laurel Park, Sarasota. This well-maintained triplex is an established Airbnb property with a proven rental record. It offers a turn-key solution for savvy investors or homeowners looking to capitalize on its steady income potential.The triplex has been beautifully renovated and maintained by the current owners. It

    Ryan Skrzypkowski COLDWELL BANKER REALTY

    407 Ohio Place, Sarasota, FL 34236
  • /79

    $2,950,000

    • 7 Beds
    • 4 Baths
    • 3,396 Sq Ft

    628 N Orange Ave, Sarasota, FL 34236

    Developer alert! Gillespie Park in Downtown Sarasota.An amazing opportunity to develop 30 residential units in the charming Gillespie Park Subdivision, a short walk or bike ride to Downtown Sarasota. The architectural conceptual plan designed by Hoyt Archtitects contains a site plan with a perfect mix of smaller and larger residential units with on site parking for 30 cars and street

    Ryan Miller HARRY ROBBINS ASSOC INC

    628 N Orange Ave, Sarasota, FL 34236
  • /33

    $1,600,000

    • 6 Beds
    • 6 Baths
    • 2,832 Sq Ft

    1236 13th St, Sarasota, FL 34236

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

    Rex Glasson DOUGLAS ELLIMAN

    1236 13th St, Sarasota, FL 34236

Why Live in Downtown Sarasota

Downtown Sarasota is characterized by a mix of modern condos and older single-family homes, including cottages and ranch-style properties. The area is known for its vibrant cultural scene, with 13 performing arts stages within a mile of the downtown core, including McCurdy’s Comedy Theatre and the Sarasota Opera. The Marie Selby Botanical Gardens and The Ringling Museum are notable attractions, while The Bay park offers walking trails, a playground, and kayak rentals. Bayfront Park features sculptures, wildlife, and a splash pad, and Marina Jack provides boating options. The Breeze trolley connects the downtown area to Siesta Key beach. Downtown Sarasota's dining scene includes over 60 restaurants and bars, such as Vino Bistro and Duval’s, alongside numerous shops, boutiques, and art galleries. The Sarasota Farmers Market is a popular spot for fresh produce every Saturday. Annual events like the New Year’s Pineapple Drop and Fresh Fridays bring the community together. U.S. Route 41 runs through the neighborhood, with ample street parking and public transportation options like the Breeze buses and Bay Runner trolley. Sarasota-Bradenton International Airport is 4 miles away. Schools in the area include the highly rated Alta Vista Elementary, Brookside Middle, Sarasota High, and Pine View School. The crime rate in Downtown Sarasota is lower than the national average, contributing to its appeal as a residential area.

Home Trends in Downtown Sarasota, FL

Housing Trends

Median Sale Price
$800,000
Median Single Family Sale Price
$699,000
Median Townhouse Sale Price
$925,000
Median 2 Bedroom Sale Price
$832,450
Median 1 Bedroom Sale Price
$442,450
Average Price Per Sq Ft
$671
Number of Homes for Sale
357
Last 12 months Home Sales
466
Months of Supply
9.20
Median List Price
$899,450
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-23%
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