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2164 8th Street

Sarasota, FL 34237

8 beds
4 baths
2,880 sqft
13,010 sqft lot
$304 per sqft
1973 build
– on site

Your chance to own a 4 plex just north of downtown Sarasota! This block 4 plex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.

Listing courtesy of STELLAR_MLS / COASTAL CONNECTION REALTY

Last checked: Checking… • Last updated Jan 7, 2025 •

MLS# A4634438 —

The Building

Year Built:

1973
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
# of Buildings:

2
Building Area Total:

2880
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

2880
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Take US 41 South. Turn left on 8th St. 4 Plex is on the Right.
Latitude:

27.342758
Longitude:

-82.52683
Coordinates:

-82.52683, 27.342758

The Property

Parcel Number:

2028050003
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.3
Lot Size Area:

13010
Lot Size SqFt:

13010
Lot Size Dimensions:

50 x 130
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

DTN
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

true
Additional Parcels Description:

2028050004
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

16 18
Tax Block:

D
Tax Legal Description:

LOT 16 & 18 BLK D FRANK A WALPOLE SUB OF LOTS 2 4 & 6 BLK L PLAT OF SARASOTA
Tax Book Number:

1-47
Tax Annual Amount:

4426.48

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4634438
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

WALPOLE FRANK A
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/6/25 Jan 6, 2025	Listed / Active	STELLAR_MLS	$878,000

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This multifamily located in Park East, Sarasota, FL 34237 is currently for sale for $878,000. 2164 8th Street is a 2,880 square foot multifamily with 8 beds and 4 baths that has been on Estately for 4 days. 2164 8th Street is in the Park East neighborhood of Sarasota and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Tuttle Elementary School, Booker High School, and Booker Middle School.

Listing Courtesy of: STELLAR_MLS and COASTAL CONNECTION REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.