Listings courtesy of COLDWELL BANKER REALTY as distributed by MLS GRID.
$1,125,000 $460/sf Earn $22,500
• Active Under Contract
$1,125,000
Credit Back up to $22,500*
$459.93/sf
Pending - Quadruplex for sale
This property has a pending offer.
Under contract-accepting backup offers. Prime West of the Trail Sarasota four unit income property positioned approximately one half mile from the North Bridge to Siesta Key. Located near Southside Village, Sarasota Memorial Hospital, and downtown Sarasota, this fully occupied multifamily asset offers stable in place income today with future upside potential in one of Sarasota’s most desirable coastal adjacent locations. The property includes 2) two bedroom, one bath residences and 2) one bedroom, one bath residences, each with its own lanai. With 2,446 square feet under air and 2,926 total square feet, the building also offers shared laundry, individual storage for each unit, and a generous unassigned, on site parking area. New roof and interior updates to kitchens and baths were completed in 2023. With newer windows, mini splits and located in Flood Zone X, the property offers additional appeal for long term ownership. All four units are currently occupied on annual leases, with scheduled gross rental income of $73,380 once pending renewals are executed. Tenants pay electric and cable. City guidance indicates potential vacation rental flexibility may be available, subject to the seven night minimum stay requirement. This property offers the fundamentals investors look for: location, occupancy, recent improvements, and future flexibility. Well suited for an investor seeking a long term Sarasota hold with stable in place income, recent capital improvements, seller financing potential, and future upside through rent growth, repositioning, or approved vacation rental use. Seller financing may be considered for a qualified buyer with acceptable terms.
- Listed by: Margot Leonard • MARGOT.VIGAR@CBREALTY.COM
- Brokered by: COLDWELL BANKER REALTY • 941-487-1492
- Source: Stellar MLS as distributed by MLS GRID
- MLS Number: A4691475
- MLS Last Updated: Jun 1, 2026 at 02:21pm EDT
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Furnished: Unfurnished
Laundry Features: Common Area
Number Of Lots: 1
Status: Pending
Listed Date: 04/28/2026
Days On Market: 35
Lot Size (Square Feet): 5850
Rent Includes: []
Tenant Pays: []
Year Built: 1960
Construction Materials: Block
Cooling: Mini-Split Unit(S)
Exterior Features: Outbuilding, Sliding Doors, Storage
Foundation Details: Foundation Slab
Heating: Electric
Interior Features: Ceiling Fan(S), Living Room/Dining Room Combo, Primary Bedroom Main Floor
Roof: Roof Membrane
Electric: []
Sewer: Sewer Public Sewer
Utilities: Cable Connected, Electricity Connected, Water Connected
WaterSource: Water Source Public
Parcel Number: 2039100043
Tax Legal Description: Lot 17 Blk B Bayview Key Way Apts
Zoning: Rmf2
Subdivision Name: Bayview
MLS Area Major: 34239 - Sarasota/Pinecraft
Elementary School: Southside Elementary

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