993 GARY ST #A & B Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34234
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,679 sqft
Price per Sqft $260
Subdivision Harriet Sub
MLS Listing ID A4646451
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1958
Annual Tax Amount $4,627
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 100x94
Property Sub-Type Duplex
Property Description
Fully leased duplex delivering a 6.99 % current cap rate (7.85 % pro-forma), located within the Sarasota city limits 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).
Location
State FL
County Sarasota
Community Harriet Sub
Area 34234 - Sarasota
Zoning RMF3
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher,Dryer,Electric Water Heater,Range,Refrigerator,Washer
Laundry In Garage,Laundry Room,Outside
Exterior
Exterior Feature Fence,Sliding Doors,Storage
Parking Features Covered,Driveway
Community Features Park,Street Lights
Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Electricity Connected,Phone Available,Public,Water Available
View Park/Greenbelt
Roof Type Roof Over
Porch Enclosed,Patio,Rear Porch,Screened
Garage false
Private Pool No
Building
Lot Description Corner Lot,In County,Level,Near Public Transit,Oversized Lot
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Emma E. Booker Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Num of Pet 1
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4646451