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$524,900

  • For Sale
  • Active
  • Multi-Family
  • 0.4 Acres
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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 systems, lowering near-term capital exposure: the shared 3917 roof was replaced within the last five years, water heaters for the three 3917 units were updated in 2023, and Unit A carries a 2022 AC air handler, while 3919 adds a newer AC and water heater, a carport, and a paved patio. Located in the City of Sarasota's North Trail redevelopment overlay, the parcel offers long-term assemblage and development optionality in one of Southwest Florida's most supply-constrained infill pockets, backed by steady rental demand from the surrounding Ringling College submarket. Offered at $524,900

Full Property Details for 3917 Royal Palm Ave

General

  • Price: $524,900
  • Taxes: $7,573 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4700635
  • Updated: 7/21/2026
  • Added to Site: 38 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Gas Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Fenced

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 34234 - Sarasota
  • County: Sarasota
  • Development Name: 34234 - Sarasota
  • Subdivision: MARLOWE PARK
  • Driving Directions: 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.

Community

  • Community Name: 34234 - Sarasota

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Other, Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer, Other
  • Water: Public
  • Utility Description: Electricity Available, Water Available

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 2,962
  • Sq. Ft. Source: Public Records
  • Year Built: 1953

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,555
  • Lot Size: 17555
  • Lot Dimensions: 100 x 175
  • Street/Road Desc.: Concrete

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $7,573.58
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • 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
  • Flood Zone Info: X
  • APN: 2004100001
  • Property ID: 2004100001

Listed by Harry Robbins Assoc Inc

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Listing agent

— 3917 Royal Palm Ave —

  • 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 3917 Royal Palm Ave

School District:Sarasota County School District
NameGradesDistance
Emma E. Booker Elementary School
2350 Doctor Martin Luther King Way, Sarasota, FL 34234
PK-51.9 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-81.6 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-120.7 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 3917 Royal Palm Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/21/2026
Listed
$524,900
72.1%
MLS
3/01/2018
Sold
$305,000
—
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 3917 Royal Palm Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,574
7%
$446,433
-7%
2024
$7,096
10%
$479,600
10%
2023
$6,479
3%
$435,500
-3%
2022
$6,274
20%
$448,800
45%
2021
$5,210
—
$308,600
11%
2021
$5,210
9%
$277,200
2%
2019
$4,768
42%
$272,000
91%
2018
$3,346
24%
$142,528
-7%
2017
$2,703
6%
$153,800
2%
2016
$2,552
16%
$151,400
56%
2015
$2,195
6%
$96,897
10%
2014
$2,064
11%
$88,088
10%
2013
$1,854
—
$80,080
—
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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NMLS#: 1598647

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Listed by Harry Robbins Assoc Inc

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3917 Royal Palm Avenue, Sarasota, FL 34234 (MLS# A4700635) is a Multi-Family property with units containing 3 bedrooms and 0 full bathrooms. 3917 Royal Palm Avenue is currently listed for $524,900 and was received on July 21, 2026. Want to learn more about 3917 Royal Palm Avenue? 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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