Ad #7766675
MLS #A4694443
Under contract-accepting backup offers. Exceptional
993 GARY ST A & B, Sarasota, FL 34234
$460,000
4Beds
--Baths
1,679Sqft
0.22Acres
About this property
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 and 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.
Property Features
4 Beds
0 Baths
1,679 Sqft
Built in 1958
0.22 Acres
Carport
Siding: Block, Concrete
Metal Roof
Electric (Heating)
$5,119 / yr property tax
Sarasota County
HARRIET SUB Community
Additional Photos
Contact Information
Marius Mocan
Dalton Wade, Inc.
503-858-3756
Location
Listing Agent: Marius Mocan (License #: 3517085) 503-858-3756
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$460,000
4
Beds
--
Baths
1,679
Sqft
993 GARY ST A & B, Sarasota, FL 34234
By contacting this agent you agree to these Terms and Conditions.
MLS# A4694443
Under contract-accepting backup offers. Exceptional
$460,000
993 GARY ST A & B, Sarasota, FL 34234
4
Beds
--
Baths
1,679
Sqft
0.22
Acres
$460,000
993 GARY ST A & B, Sarasota, FL 34234
4 Beds
-- Baths
1,679 Sqft
0.22 Acres
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 and 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.
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Property Details
HOME DETAILS
4 Beds
0 Baths
1,679 Sqft
Built in 1958
0.22 Acres
EXTERIOR
Carport
Siding: Block, Concrete
Metal Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$5,119 / yr property tax
Sarasota County
HARRIET SUB Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7766675
Viewed
55 times
Listing Status
Pending
Added
May 22, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
A4694443
Listing Agent: Marius Mocan (License #: 3517085) 503-858-3756
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.
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