993 GARY ST #A & B, Sarasota, FL 34234
993 GARY ST #A & B, Sarasota, FL 34234
993 GARY ST #A & B, Sarasota, FL 34234
993 GARY ST #A & B, Sarasota, FL 34234
993 GARY ST #A & B, Sarasota, FL 34234
993 GARY ST #A & B, Sarasota, FL 34234
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$ 460,000
Est. payment | /mo

4 Beds

2 Baths

1,679 SqFt


$ 460,000
Est. payment | /mo

4 Beds

2 Baths

1,679 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,679 sqft

Price per Sqft $273

Subdivision Harriet Sub

MLS Listing ID A4694443

Bedrooms 4

Construction Status Completed

HOA Y/N No

Year Built 1958

Annual Tax Amount $5,119

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 96x100

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Exceptional income-producing duplex located within the Sarasota city limits in desirable Flood Zone X, meaning no flood insurance is required. This solid block construction property offers multiple investment opportunities including owner-occupancy, short-term rentals, long-term rentals, student housing, or a hybrid income strategy. Located directly across from the revitalized North Water Tower Park, residents and guests can enjoy paved walking trails, a disc golf course, playground, covered picnic areas, public restrooms, and a water bottle filling station.

Each private unit features 2 bedrooms and 1 bathroom with beautifully updated kitchens showcasing shaker cabinetry, quartz countertops, timeless restored terrazzo flooring, open-concept living areas, private laundry rooms, screened lanais, and covered carports with locked storage. Unlike many duplexes, the units do not share a common wall or yard space, offering enhanced privacy and reduced noise between occupants.

Major capital improvements have already been completed within the past seven years, including the roof, dual HVAC systems, and water heaters. Additional investor-friendly features include separate utilities and durable block construction.

The property's central location provides quick access to Downtown Sarasota, Bradenton, Lakewood Ranch, SRQ Airport, Ringling College, New College, University of South Florida, and world-famous Gulf beaches, supporting a strong tenant and guest pipeline with future rental growth potential.

According to the City of Sarasota permitting website, the occupancy use is listed as R1 Hotels/Motels/Boarding House, creating flexibility for multiple income-producing uses. Unit B has been operating as a short-term rental through Airbnb and VRBO since January 2026 and has already generated approximately $13,926 in rental revenue. Unit A is currently owner-occupied. The current owners originally purchased the property using FHA financing as their primary residence, demonstrating an excellent opportunity for buyers interested in “house hacking” by living in one unit while offsetting expenses with rental income from the other.

With three major colleges nearby, the property also presents excellent potential for student housing demand. Whether you are an investor seeking cash flow, a buyer looking to offset monthly expenses through owner-occupancy, or someone searching for a flexible income-producing property in a rapidly growing Sarasota location, this duplex offers outstanding versatility and long-term upside potential.

Location

State FL

County Sarasota

Community Harriet Sub

Area 34234 - Sarasota

Zoning RMF3

Rooms

Other Rooms Storage Rooms

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments

Heating Electric

Cooling Central Air

Flooring Terrazzo, Tile

Fireplace false

Appliance Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Common Area, Laundry Closet, Laundry Room, Outside, Same Floor As Condo Unit

Exterior

Exterior Feature Dog Run, Fence, Other, Private Entrance, Private Mailbox, Private Yard

Utilities Available Cable Connected, Electricity Connected, Fiber Optics

Roof Type Metal,Roof Over

Porch Covered, Front Porch, Porch, Rear Porch, Screened

Attached Garage false

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Construction Status Completed

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4694443

Stellar MLS
Listed by Marius Mocan DALTON WADE INC

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Michelle Combass

+1(352) 476-7248

michellecombass@gmail.com

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993 GARY ST #A & B