2126 OLENTARY ST, SARASOTA, Florida, 34231

Price: $229.9k | ARV: $330k

SARASOTA | LAND VALUE OPPORTUNITY | RMF1 MULTI-FAMILY POTENTIAL

2126 OLENTARY ST, SARASOTA, FL 34231

2 BED / 1 BATH

965 Sqft

Wood Frame Construction — Year Built: 1936

Lot: 11,326 Sqft (generous, tree-lined)

PROPERTY OVERVIEW

This rare offering presents a substantial 11,326 sq. ft. parcel in the heart of Sarasota County, zoned RMF1 (Residential Multi-Family). The existing 1936 wood-frame structure is being sold at land value with exterior-only viewings; the site delivers exceptional flexibility for renovation, a new construction build, or a multi-unit development under current zoning.

WHY THIS DEAL MAKES SENSE

• Priced at land value — significant upside for builders and investors.
• RMF1 zoning enables multi-family potential or increased density options.
• Large, tree-lined lot provides space for creative site plans and strong privacy.
• Compelling ARV relative to asking price — clear value-add opportunity.

KEY DETAILS

• Bedrooms: 2
• Bathrooms: 1
• Living Area: 965 Sqft
• Construction: Wood Frame
• Year Built: 1936
• Lot Size: 11,326 Sqft
• Showings: Exterior only — sold as land value opportunity

LOCATION & MARKET

Nestled within the established Sarasota–Venice County River Subdivision, this parcel offers proximity to local amenities and strong demand markets. The site is well-positioned for investors seeking a central location with redevelopment upside.

IDEAL FOR

• Developers and builders pursuing infill multi-family projects
• Investors seeking land value plays with immediate upside
• Buyers planning a thoughtful renovation or a new single-family build

SUMMARY
This is a unique chance to secure a sizable, well-located parcel in Sarasota with RMF1 zoning and clear redevelopment potential. Offered at land value, the property represents an attractive entry point for investors and builders ready to capitalize on both short-term and long-term upside.

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