PENDING
$8K PRICE DROP
993 Gary St Unit A & B Sarasota, FL 34234
Bayou Oaks NeighborhoodEstimated payment $2,741/month
Total Views
3,374
4
Beds
2
Baths
1,679
Sq Ft
$256
Price per Sq Ft
Highlights
- Property is near public transit
- Park or Greenbelt View
- No HOA
- Booker High School Rated A-
- Corner Lot
- Enclosed patio or porch
About This Home
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).
Listing Agent
AMY ROBINSON REAL ESTATE LLC Brokerage Phone: 941-346-7000 License #3302217 Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,627
Year Built
- Built in 1958
Lot Details
- 9,710 Sq Ft Lot
- Lot Dimensions are 100x94
- Fenced
- Corner Lot
- Oversized Lot
- Level Lot
Home Design
- Duplex
- Slab Foundation
- Block Exterior
Interior Spaces
- 1,679 Sq Ft Home
- Ceiling Fan
- Sliding Doors
- Storage Room
- Ceramic Tile Flooring
- Park or Greenbelt Views
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry Located Outside
- Dryer
- Washer
Parking
- Covered Parking
- Driveway
Outdoor Features
- Enclosed patio or porch
- Outdoor Storage
Location
- Property is near public transit
Schools
- Emma E. Booker Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 19
- Assessor Parcel Number 2004070041
Community Details
Overview
- No Home Owners Association
- 2 Units
- Harriet Sub Subdivision
Recreation
- Park
Pet Policy
- 1 Pet Allowed
Building Details
- Gross Income $39,540
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,405 | $256,656 | -- | -- |
| 2023 | $4,405 | $330,200 | $111,300 | $218,900 |
| 2022 | $4,096 | $309,000 | $103,500 | $205,500 |
| 2021 | $3,351 | $204,000 | $60,800 | $143,200 |
| 2020 | $3,074 | $175,300 | $44,300 | $131,000 |
| 2019 | $2,216 | $142,700 | $37,100 | $105,600 |
| 2018 | $1,817 | $99,400 | $37,900 | $61,500 |
| 2017 | $1,708 | $87,450 | $0 | $0 |
| 2016 | $1,624 | $88,900 | $22,800 | $66,100 |
| 2015 | $1,582 | $87,600 | $20,500 | $67,100 |
| 2014 | $1,475 | $59,730 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | Price Changed | $430,000 | -1.8% | $256 / Sq Ft |
| 04/08/2025 04/08/25 | For Sale | $438,000 | 0.0% | $261 / Sq Ft |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $438,000 | +94.7% | $261 / Sq Ft |
| 01/23/2019 01/23/19 | Sold | $225,000 | -12.8% | $134 / Sq Ft |
| 10/28/2018 10/28/18 | Pending | -- | -- | -- |
| 10/04/2018 10/04/18 | For Sale | $258,000 | -- | $154 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $115,000 | -- | |
| Warranty Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,400 | New Conventional | |
| Closed | $168,750 | New Conventional | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $103,500 | New Conventional | |
| Previous Owner | $69,000 | No Value Available |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4646451
APN: 2004-07-0041
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