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$1,149,999 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Units
  • 0.15 Acres
  • Updated 4 days ago
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Under contract-accepting backup offers. Exceptional opportunity to own a 4-Unit property zoned DTE in the City of Sarasota! A short stroll to Downtown dining, shopping, arts, and the bayfront! This income-producing property features four units all equipped with 2 bedrooms and 1 bathroom. Fantastic updates have been done on the interior with strong rental potential and flexibility for short-term or long-term leasing (buyer to verify short-term rental guidelines per City of Sarasota). Ideal for investors seeking Airbnb income, seasonal rentals, or steady annual tenants, this property offers prime location appeal and consistent demand. Walk or bike to Main Street, Payne Park, and all that vibrant Downtown Sarasota has to offer! Whether you're expanding your portfolio or looking for a live-in-one, rent-the-rest strategy, this is a rare opportunity in one of Sarasota's most desirable rental corridors. Call today for more information on how you can make this yours!

Full Property Details for 2016 5th St

General

  • Price: $1,149,999
  • Taxes: $12,240 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4684714
  • Updated: 3/23/2026
  • Added to Site: 24 day(s) ago

Rental Information

  • Min. Lease: 1 Week

Interior

  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Other

Parking

  • Parking Features: Open

Location

  • Area: 34237 - Sarasota
  • County: Sarasota
  • Development Name: 34237 - Sarasota
  • Subdivision: INWOOD PARK FIRST ADD
  • Driving Directions: From Exit 210, head West on Fruitville towards downtown Sarasota, turn right on to Washington Blvd. Turn right on to 5th street.

School Information

  • Elementary School: Tuttle Elementary
  • Middle School: Booker Middle
  • High School: Booker High

Community

  • Community Name: 34237 - Sarasota

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Stucco
  • Roof: Metal
  • Square Feet: 3,058
  • Sq. Ft. Source: Public Records
  • Year Built: 1976

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,563
  • Lot Size: 6563
  • Lot Dimensions: 62 x 105
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $12,240.98
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: E 1/2 LOT 47 & ALL LOTS 49 & 51 BLK 4 FIRST ADD TO INWOOD PARK
  • Flood Zone Info: X
  • APN: 2026090102
  • Property ID: 2026090102
  • Block/Lot/Section: 4

Listed by Harry Robbins Assoc Inc

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Listing agents

— 2016 5th St —

  • Harry Robbins Assoc Inc

  • Harry Robbins Assoc Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2016 5th St

School District:Sarasota County School District
NameGradesDistance
Tuttle Elementary School
2863 8th Street, Sarasota, FL 34237
PK-51.2 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-81.9 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2016 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$1,149,999
58.62%
MLS
12/30/2021
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2016 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,353
14%
$937,300
37%
2024
$9,952
9%
$685,000
8%
2023
$9,142
18%
$631,900
31%
2022
$7,777
49%
$481,400
50%
2021
$5,215
—
$320,300
2%
2021
$5,215
14%
$314,200
33%
2019
$4,568
7%
$235,682
10%
2018
$4,279
21%
$214,256
13%
2017
$3,522
12%
$189,300
10%
2016
$3,158
8%
$172,100
13%
2015
$2,928
-6%
$151,900
2%
2014
$3,117
16%
$148,500
10%
2013
$2,694
—
$135,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Harry Robbins Assoc Inc

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2016 5th Street, Sarasota, FL 34237 (MLS# A4684714) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2016 5th Street is currently listed for $1,149,999 and was received on March 04, 2026. Want to learn more about 2016 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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