# 4001 GROVELAND Avenue, Sarasota, FL 34231

> **TL;DR:** 10bd/5ba multi-family, $1,450,000 ($338/sqft), built 1974, 4,291 sqft.
> Pool, A/C. Est. $7,755/mo. Listed 96 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,450,000 |
| Price/sqft | $338 |
| Bedrooms | 10 |
| Bathrooms | 5 full |
| Square Feet | 4,291 |
| Year Built | 1974 |
| Lot Size | 25,700 sqft (0.59 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 96 |

## Why This Home Stands Out

- **Pool** - Patio, Porch

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,332 |
| Estimated Insurance | $423 |
| **Total** | **$7,755** |

## Nearby Schools

- **Elementary:** Wilkinson Elementary
- **Middle:** Brookside Middle
- **High:** Riverview High

## Key Amenities

- Pool
- A/C

## Property Highlights

- Built in 1974
- 0.59 acre lot
- Private pool

## Description

### Agent Description
LOCATION LOCATION LOCATION! Sarasota's hottest zip code is Presenting a strong multifamily investment opportunity just minutes from Siesta Key, this 5-unit hotel/ motel property offers current income, flexible rental options, and long-term upside in one of Sarasota's most desirable rental markets. Located in a non-flood zone approximately 4 miles from Siesta Key Beach, the property is well positioned for long-term tenants, seasonal rentals, or potential short-term rental strategies. The building includes five 2-bedroom, 1-bath units, each offering broad tenant appeal and turnkey convenience. Long-term tenants are currently in place, while the property has the availability to hold a motel/hotel license, creating additional flexibility for future ownership and rental operations. Investor-friendly features include individually metered utilities, public water and sewer, paved parking, no required flood insurance, and reported general liability insurance of approximately $460. Recent improvements include exterior paint in 2024, remodeled kitchens in Units 2, 3, and 4 in 2024, updated bathrooms, major plumbing replacement completed in 2009 and 2010, roof replacement in 2014, blown-in roof insulation. The property also offers private amenities that help set it apart from typical multifamily options, including a heated and cooled swimming pool, screened patio room, and tropical outdoor space designed to enhance tenant or guest enjoyment. With current income, multiple rental strategy options, turnkey units, and a prime Sarasota location near Siesta Key, this property is a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation potential. Schedule your private showing today.

## Location

- **Address:** 4001 GROVELAND Avenue, Sarasota, FL 34231
- **County:** Sarasota
- **Neighborhood:** GROVE PARK
- **Coordinates:** 27.297262, -82.5087
- **Google Maps:** https://www.google.com/maps?q=27.297262,-82.5087

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/stellar/A4691652

## Listing Agent

- **Name:** Rachel Tritschler
- **Brokerage:** RE/MAX ALLIANCE GROUP
- **Phone:** 9419935892

## Primary Photo

![4001 GROVELAND Avenue - Primary Photo](http://lh.rdcpix.com/8144bca6901de472cb0c1148aad65441l-f3420540294r.jpg)

*83 total photos available on [listing page](https://www.propertysimple.ai/listing/4001-groveland-avenue-sarasota-fl-34231-a4691652)*

---

**MLS#:** A4691652 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4001-groveland-avenue-sarasota-fl-34231-a4691652)

---

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