Fully leased duplex delivering a 7.51 % current cap rate (8.5 % pro-forma), located within the Sarasota city limits, in flood zone X (no flood insurance required) and featuring major systems replaced within the past seven years—roof, dual HVACs, and water heaters. Directly across from the revitalized North Water Tower Park, each 2 BR / 1 BA unit showcases timeless terrazzo floors, an open living layout, private laundry, a screened lanai, and a covered carport with locked storage. Separate utilities and block construction keep operating costs low, while proximity to downtown Sarasota, Bradenton, Lakewood Ranch, Ringling College, New College, SRQ Airport, and world-class beaches supports a steady tenant pipeline and future rent growth. With minimal maintenance needs and stable occupants already in place, this property offers reliable cash flow today and tangible upside in one of Florida’s fastest-growing markets (financials available on request; buyer to verify all information).
Pending
Price cut: $8K (5/9)
$430,000
993 Gary St #A & B, Sarasota, FL 34234
4beds
2baths
1,679sqft
Est.:
Duplex, Multi Family
Built in 1958
-- sqft lot
$416,800 Zestimate®
$256/sqft
$-- HOA
What's special
Screened lanaiAmple storagePrivate laundry facilitiesCorner lotCovered carportBeautiful terrazzo flooring
- 112 days
- on Zillow |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 06:54am
Listing Provided by:
Justin Buffaloe 941-539-5823,
AMY ROBINSON REAL ESTATE LLC 941-346-7000
Source: Stellar MLS,MLS#: A4646451
Originating MLS: Sarasota - Manatee

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Storage Rooms
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: In Garage, Laundry Room, Outside
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total interior livable area: 1,679 sqft
Video & virtual tour
Property
Parking
- Parking features: Covered, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed, Patio, Rear Porch, Screened
- Exterior features: Storage
- Fencing: Fenced
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 9,710 Square Feet
- Dimensions: 100 x 94
- Features: Corner Lot, In County, Level, Near Public Transit, Oversized Lot
Details
- Additional structures: Storage
- Parcel number: 2004070041
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Roof Over
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Street Lights, Water Available
Community & HOA
Community
- Features: Park
- Subdivision: HARRIET SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $256/sqft
- Annual tax amount: $4,627
- Date on market: 3/27/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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