993 GARY ST #A & B Sarasota, FL 34234
4 Beds
2 Baths
1,679 SqFt
Open House
Sun Jul 12, 1:00am - 4:00pm
UPDATED:
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
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
Water Access No
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
