• $3,280,000List Price
  • ActiveStatus
  • 12Number of Photos
  • 27.355335Latitude
  • 1821 20th StreetAddress
  • 20TH StreetStreet
  • SarasotaTown
  • FLState
  • 34234Zip
  • SarasotaCounty
  • Residential IncomeProperty Type
  • A4710045MLS Number
  • 9,600Square Feet
  • 1967Year Built
  • 0.17Acreage

Listing Tools

SARASOTA DUPLEX PORTFOLIO | 8 DUPLEXES | 16 RENTAL UNITS | MULTIFAMILY INVESTMENT OPPORTUNITY Discover an established income-producing duplex portfolio in Sarasota, Florida 34234. Offered at $3,280,000, this eight-property multifamily investment comprises 16 residential rental units across eight separate tax parcels in Sarasota's Newtown area, near Downtown Sarasota. THE PORTFOLIO | Eight concrete-block duplex buildings, each containing two 2-bedroom, 1-bathroom residences. Seven properties are clustered along 20th Street in the City Park area, with an additional duplex nearby at 1583 20th Street. The portfolio includes properties at 1583, 1821, 1825, 1841, 1847, 1849, 1853 and 1863 20th Street, Sarasota, FL 34234. All eight properties are offered together as one investment portfolio, not individually. RENTAL INCOME | Ownership reports 100% occupancy across all 16 units. The current rent roll reflects $230,400 in scheduled annual gross rental income, equivalent to $19,200 monthly and an average of $1,200 per unit. These figures represent scheduled rents rather than independently verified historical collections. VALUE-ADD POTENTIAL | Existing rental rates offer opportunities to evaluate future rent adjustments, lease renewals and operational improvements. Investment underwriting identifies potential rental growth through market-based repositioning, subject to existing leases, tenant rights, applicable regulations and market conditions. Future income increases are not guaranteed. PROPERTY FEATURES | Eight separate duplex buildings, 16 two-bedroom residences, individual tax parcels and established residential rental operations. The concentrated location of seven properties may offer operational efficiencies for investors managing multiple rental properties in Sarasota. LOCATION | Situated near Downtown Sarasota, with convenient access to US-301, US-41, regional employment centers, shopping, dining and Sarasota's Gulf Coast amenities. THE OPPORTUNITY | A 16-unit Sarasota multifamily investment portfolio for investors evaluating established Florida rental properties, potential long-term income growth and 1031 exchange opportunities. PACKAGE-ONLY SALE | All eight duplex properties are offered together for $3,280,000. Offering memorandum, current rent roll and investment underwriting available for review. All income, expenses, occupancy, leases, zoning, property conditions and investment projections are subject to independent buyer verification.

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 20, 2026 6:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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