$460,000
Off-Market Date: 05/30/2026993 Gary Street #A & B Sarasota, FL 34234
Pending MLS# A4694443
4 beds 2 baths 1,679 sq ft Multi-family
Details for 993 Gary Street #A & B
MLS# A4694443
Description for 993 Gary Street #A & B, Sarasota, FL, 34234
Under contract-accepting backup offers. 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.
Listing Information
Property Type: Residential, Duplex
Status: Pending
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.22 Acres
Square Feet: 1,679 sq ft
Year Built: 1958
Stories: 1 Story
Construction: Block,Concrete
Construction Display: New Construction
Subdivision: Harriet Sub
Foundation: Slab
County: Sarasota
Construction Status: New Construction
Additonal Room Information
Laundry: Outside, Laundry Closet, Laundry Room, Common Area, Common On Floor
Interior Features
Appliances: Range, Refrigerator, Washer, Disposal, Dryer, Microwave
Flooring: Terrazzo,Tile
Doors/Windows: Window Treatments, Double Pane Windows, Blinds
Additional Interior Features: Ceiling Fan(s), Solid Surface Counters, Main Level Primary, Eat-In Kitchen, Window Treatments
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Fiber Optic Available
Cooling: Ceiling Fan(s), Central Air
Heating: Electric
Exterior / Lot Features
Roof: Metal, Roof Over
Lot Dimensions: 96x100
Additional Exterior/Lot Features: Fence, Private Yard, Private Entrance, Other, Dog Run, Screened, Porch, Covered, Front Porch, Rear Porch
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 13926
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
From US-41 (North Tamiami Trail), turn east on Gary Street. Property is on the corner of Gary Street and Royal Palm Blvd.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 2004070041
Tax Amount: 5119.21
Tax Year: 2025
A broker reciprocity listing courtesy: DALTON WADE INC
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Sales History & Tax Summary for 993 Gary Street #A & B
Sales History
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Tax Summary
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Schools
Schools nearby 993 Gary Street #A & B
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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