1821 20th Street
Sarasota, FL 34234 · Sarasota County
$3,280,000
0
Beds
0
Baths
9,600
Sq ft
1967
Year built
Location
About this home
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.
Facts & features
Interior
- Living area
- 9,600 sq ft
- Features
- Other
- Cooling
- Wall/Window Unit(s)
- Heating
- Other
Exterior & lot
- Lot size
- 0.17 acres
- Construction
- Block, Concrete
- Roof
- Shingle
- Features
- Other
Financial
- Price / sqft
- $342/sqft
- Annual tax
- $3,304
- Tax year
- 2025
Utilities
- Utilities
- Electricity Connected
- Water
- Public
- Sewer
- Public Sewer
Property
- Property type
- Multi Family
- Year built
- 1967
- Subdivision
- City Park Sub
- Days on market
- Today
Estimate your monthly cost
Twenty percent down over thirty years at 6.5%. Insurance is not included.
- Principal & interest
- $16,585
- Property tax
- $275
- Estimated monthly
- $16,860
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 19, 2026 | Listed | $3,280,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for Sarasota, FL are not connected yet, so this page does not show them.
About this area
SARASOTA, FL sits in Sarasota County.
Written from this listing’s own record and the homes we hold nearby.
- Elementary school
- Not listed
- Not named in the MLS record for this home
- Middle school
- Not listed
- Not named in the MLS record for this home
- High school
- Not listed
- Not named in the MLS record for this home
Frequently asked questions
What would 1821 20TH STREET, SARASOTA cost per month?
About $16,860 a month: $16,585 principal and interest, $275 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.
Is 1821 20TH STREET, SARASOTA priced fairly?
It is listed at $3,280,000. There are not enough comparable homes close by to put a range around that yet, so the asking price is the honest answer.
How long has 1821 20TH STREET, SARASOTA been on the market?
It came on the market today.
Has the price of 1821 20TH STREET, SARASOTA changed?
The price has not moved since it was listed.
How big is 1821 20TH STREET, SARASOTA?
0 bed, 9,600 square feet. That is $342 a square foot.
What year was 1821 20TH STREET, SARASOTA built?
Built in 1967.
What is the HOA fee at 1821 20TH STREET, SARASOTA?
The feed lists no association fee for this property.
What are the property taxes at 1821 20TH STREET, SARASOTA?
Property tax works out to about $275 a month, $3,304 a year, on the 2025 assessment.
Is 1821 20TH STREET, SARASOTA still available?
It is still on the market.
Listing
- Listed by
- Rex Glasson
- Brokerage
- DOUGLAS ELLIMAN
- MLS number
- MFR814444023
Listing information is deemed reliable but is not guaranteed.