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$799,900
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Property Description
Rare investment opportunity in Sarasota's highly sought-after Indian Beach neighborhood for under $800K! This vintage mid-century 4-plex features durable concrete block construction, thoughtfully designed as two facing duplexes surrounding a private, complex-only pool. Each of the 4 units offers 2 bedrooms, 1 bathroom, its own dedicated carport, and an individual laundry room for maximum tenant convenience. The back two units highlight recent remodeling upgrades and new appliances. With 2 units currently rented below market value, & 2 still vacant, this property offers immediate upside potential and increased cash flow for investors. Unbeatable location just minutes from Ringling College, Downtown Sarasota, US-41, and local beaches. Don't miss this high-demand, low-turnover income generator!
Full Property Details
Full Property Details for 3509 Norwood Ct
General
- Price: $799,900
- Taxes: $5,504 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4701502
- Updated: 8/25/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Range, Refrigerator
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Courtyard
Parking
- Carports: Yes
- Carport: 4
- Carport Spaces: 4
- Covered Spaces: 4
- Parking Features: Covered, Ground Level
Location
- Area: 34234 - Sarasota
- County: Sarasota
- Development Name: 34234 - Sarasota
- Subdivision: DESOTO TERRACE
- Driving Directions: From either north or south on US 41 turn west on Myrtle Street, then left on Norwood Court. Property will be on the right.
School Information
- Elementary School: Emma E. Booker Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34234 - Sarasota
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Other
- Stories/Levels: One
- Square Feet: 1,792
- Sq. Ft. Source: Public Records
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,240
- Lot Size: 12240
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,504.01
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 12 & 14, BLK B, DE SOTO TERRACE
- Flood Zone Info: X
- APN: 2005020060
- Property ID: 2005020060
- Block/Lot/Section: B
Listed by Michael Saunders & Company
Get Pre-Approved Today
Schools
Schools serving 3509 Norwood Ct
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Emma E. Booker Elementary School 2350 Doctor Martin Luther King Way, Sarasota, FL 34234 | PK-5 | 1.9 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 1.7 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 0.8 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 3509 Norwood Ct
Date
Details
Price
Change
Source
8/25/2026
Listed
$799,900
299.95%
MLS
5/28/2010
Sold
$200,000
—
Public Record
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
Tax History for 3509 Norwood Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,504
-4%
$308,500
-9%
2024
$5,756
-18%
$337,400
-25%
2023
$7,054
11%
$452,700
16%
2022
$6,343
8%
$391,500
12%
2021
$5,878
—
$350,700
13%
2021
$5,878
9%
$309,800
—
2019
$5,416
-6%
$308,600
-6%
2018
$5,749
10%
$328,700
11%
2017
$5,243
7%
$297,200
9%
2016
$4,891
8%
$273,000
13%
2015
$4,527
-5%
$241,000
—
2014
$4,764
13%
$240,460
10%
2013
$4,230
—
$218,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3509 Norwood Ct
3509 Norwood Court, Sarasota, FL 34234 (MLS# A4701502) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 3509 Norwood Court is currently listed for $799,900 and was received on August 25, 2026. Want to learn more about 3509 Norwood Court? 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.

