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3509 Norwood CT, Sarasota, FL, 34234

$446/sqft·Desoto Terrace

8 bd4 ba1,792 sqftQuadruplex
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4701502

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Est. monthly payment
$5,031/mo
Down payment (20%)
$159,980
Property taxes
$459/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1960
Private pool
In Ground
0.28 acres
Lot size
1,792 sqft
Living area

About this home

Ceiling Fans(s)CourtyardDishwasherRangeRefrigerator

3509 Norwood CT is a 1960-built home in Desoto Terrace, Sarasota. Inside you'll find 8 bedrooms, 4 bathrooms, and 1,792 square feet of living space. Listed at $799,900 (about $446/sqft), 7 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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!

The essentials

Built
1960
Price / sqft
$446
On market
17 days
Annual tax
$5,504
Flood zone
X · Low risk
Lot
12,240 sqft
Type
Quadruplex

Location

3509 Norwood CT
Sarasota, FL, 34234·34234 - Sarasota
Type
Quadruplex
Year Built
1960
Lot
12,240 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Ground Level
Pool
In Ground
Days on Market
17
Ceiling Fans(s)
Courtyard
Dishwasher
Range
Refrigerator

Elementary

Emma E. Booker Elementary

Middle

Booker Middle

High

Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$5,504

Parcel #

2005020060

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Desoto Terrace

County

Sarasota

MLS Area

34234 - Sarasota

Lot Size

12,240 sqft

Date
Event
Price
8/25/2026
Listed for sale
Source: Stellar MLS #A4701502
$799,900
$446/sqft
Est. monthly payment$5,030/mo
Principal & interest$4,172
Property taxes$459
Insurance$400
Down payment20% · $159,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $799,900
$775,000 – $799,900
96.7% – 100% of listTops out right at the list price
80% of listList price
33 of the last 63 home closings in 34234 landed at this number or higher (52%). The median one sat 67 days before it went under contract, and this one is on day 17.

Sample: 63 closed home sales in 34234 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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