3917 Royal Palm Avenue
SARASOTA, FL 34234
3
Bed
4
Bath
2,962Sqft
0.40Acre(Lot)
Virtually Staged. Rare 4-unit multifamily income opportunity in Sarasota's North Trail corridor, just minutes from downtown Sarasota, the bayfront, and the Ringling College of Art & Design district. The offering pairs dependable in-place cash flow with real value-add and redevelopment upside on an oversized ~0.40-acre city lot (17,555 SF). Four income-producing units include three residences at 3917 (a 1BR/1BA plus two efficiencies) and a spacious 2BR-plus-bonus home at 3919, with the 3919 unit turning now and targeting a market lease. All units are currently month-to-month, giving a new owner full flexibility to raise rents to market or reposition on their own timeline, with no long-term leases to inherit and clear upside as rents step up. Recent ownership has reinvested in the major syst
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 3Bathroom Information
Total Baths: 4Interior Features
Ceiling Fans(s) Roof: Shingle Laundry Features: Gas Dryer Hookup, Washer HookupRoofing Information
Shingle -
Flooring Information
Construction Materials: Block -
Heating & Cooling
Heating: Other, Ductless Cooling: Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1953 -
Exterior Features
Fence Construction Materials: Block Foundation Details: Slab
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Lot Information
Lot Dimensions: 100x175 Lot Square Feet: 17555 Lot Acres: 0.4 Lot Size (SqMt): 1631Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$524900
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Tax Information
Tax Book Number: 4-90 Tax Lot: 2 Tax Legal Description: BEG NE COR TRACT 2 TH S 100 FT TH W 175.8 FT TH N 99.96 FT TH E 173.4 TO POB BEING PART OF TRACT 2 MARLOWE PARK Annual Tax: $7573.58 Tax Year: 2025 Parcel Number: 2004100001
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Virtual Tour
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Utility Information
Electricity Available, Water Available Sewer: Public Sewer, Other Water Source: Public -
Location Information
Subdivision: MARLOWE PARK City: SARASOTA Direction: Directions from Sarasota Bradenton International Airport (SRQ) to 3917 Royal Palm Ave: Exit the airport onto University Parkway heading west toward US-41. Turn left (south) onto US-41 / N Tamiami Trail and continue about 2.5 miles through the North Trail corridor. Turn left (east) onto Royal Palm Ave (a residential street off the Trail in the 34234 / North Trail area). 3917 Royal Palm Ave is just ahead on your right, with 3919 immediately adjacent.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2228 25th Street #2228/.., Sarasota, FL, 34234 | $419,900 | 6 | 4 | 2,132 | 2,132 SqFt |
| 2130 N Orange Avenue, Sarasota, FL, 34234 | $425,000 | 4 | 2 | 1,385 | 1,385 SqFt |
| 1610 22nd Street, Sarasota, FL, 34234 | $429,000 | 5 | 2 | 1,625 | 1,625 SqFt |
| 993 Gary Street #A B, Sarasota, FL, 34234 | $460,000 | 4 | 2 | 1,679 | 1,679 SqFt |
| 4925 Remington Drive, Sarasota, FL, 34234 | $599,000 | 3 | 4 | 1,605 | 1,605 SqFt |
| 708 42nd Street, Sarasota, FL, 34234 | $649,000 | 3 | 2 | 1,210 | 1,210 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/25/2026 @ 06:20
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