Income-Producing Duplex in
993 GARY STREET, Sarasota, FL 34234
Duplex - SARASOTA, FL
Type:Duplex
Property size:
1,679 SFLot size:
0.22 AcresPrice / SF:
$273/SF- Added:
- May 22, 2026
- Days on Market:
- 10
- Last Refresh:
- May 31 at 12:06 am
Property Features for 993 GARY STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF3
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Carport
- Pets allowed
- Cats OK, Dogs OK, Yes
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
- Exterior features
- Dog Run, Fence, Private Entrance, Private Mailbox, Private Yard
- Fencing
- Fenced
- Appliances
- Dryer, Garbage Disposer, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 2004070041
- Size
- 1,679 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5119.21
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Kennel/Dog Run
Listing agent Marius Mocan License #3517085 (503) 858-3756
Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL (888) 668-8283
Listing date May 22, 2026
MLS# A4694443
Listing URL
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.
HighLights
- Exceptional income‑producing duplex with multiple income strategies possible.
- Located in desirable Flood Zone X (no flood insurance required) within Sarasota city limits.
- Major capital improvements completed within the past seven years including roof, dual HVAC systems, and water heaters.
- Each unit features updated kitchens, private laundry, screened lanai, and covered carport with locked storage; units do not share a common wall or yard space.
- Central location provides quick access to Downtown Sarasota, Bradenton, Lakewood Ranch, SRQ Airport, colleges, and Gulf beaches.
- Flexible occupancy use listed as R1 Hotels/Motels/Boarding House; Unit B has generated rental revenue through Airbnb/VRBO.
Overview
This income-producing duplex is located within Sarasota city limits, in Flood Zone X. Constructed of solid block, the property offers investment opportunities, including owner-occupancy, short-term rentals, long-term rentals, student housing, or a hybrid income strategy. It is located directly across from the revitalized North Water Tower Park, which features paved walking trails, a disc golf course, a playground, covered picnic areas, public restrooms, and a water bottle filling station. Each unit includes 2 bedrooms and 1 bathroom, updated kitchens with shaker cabinetry and quartz countertops, restored terrazzo flooring, open-concept living areas, private laundry rooms, screened lanais, and covered carports with locked storage. The units do not share a common wall or yard space. Major capital improvements completed within the past seven years include the roof, dual HVAC systems, and water heaters. The property features separate utilities and durable block construction. Its central location provides access to Downtown Sarasota, Bradenton, Lakewood Ranch, SRQ Airport, Ringling College, New College, the University of South Florida, and Gulf beaches. According to the City of Sarasota permitting website, the occupancy use is listed as R1 Hotels/Motels/Boarding House. Unit B has been operating as a short-term rental since January 2026 and has generated approximately $13,926 in rental revenue. Unit A is currently owner-occupied. The property also presents potential for student housing, with three major colleges nearby. The lot size is 0.22 acres and the property size is 1679 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.551213
- Latitude
- 27.371872
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated duplex with income potential near downtown Sarasota.
Where is this duplex located?
The property is located at 993 GARY STREET Sarasota, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Exceptional income‑producing duplex with multiple income strategies possible.; Located in desirable Flood Zone X (no flood insurance required) within Sarasota city limits.; Major capital improvements completed within the past seven years including roof, dual HVAC systems, and water heaters.
