1974/76 Debbie St, photo 1
Active Under Contract
1 / 48

Overview

4 bd2 ba1,651 sqftDuplex
TypeDuplex
HOANone listed
Built1977
Lot7,500 sqft
Living area1,651 sqft
Price / sqft$240

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanThermostatWindow TreatmentsPrivate EntrancePrivate Mailbox

1974/76 Debbie St is a 1977-built home in North Vamo Sub 2, Sarasota. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,651 square feet of living space. Listed at $396,000 (about $240/sqft), 24 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Under contract-accepting backup offers. Opportunity to own a well-positioned income-producing duplex in South Sarasota, offering two separate 2-bedroom, 1-bath units, professional property management already in place, and an attractive combination of current cash flow and future rental upside. The 1974 unit is currently occupied at $1,700/month by a long-term tenant who is in the second year of their lease, providing stable income from day one. The 1976 unit has recently become vacant, creating a rare opportunity for a prospective buyer to tour the interior and evaluate the property firsthand before placing a new tenant. This also gives a new owner flexibility to establish the next lease at current market conditions rather than purchasing a fully occupied property without access to the second unit. Both units have been updated inside and feature their own private laundry, adding a significant amenity for tenants and helping support rental demand. Each unit also has a carport, while the rear 1976 unit offers something especially appealing: A large private backyard and spacious screened lanai, providing valuable outdoor living space that is increasingly difficult to find in rental properties. The property is currently under professional property management, making this an especially appealing option for an investor seeking an established rental with management already in place. The two-unit configuration provides diversification within a single property while offering the potential to improve overall returns through future rent adjustments and strategic leasing. Location is a major part of the investment story. The property is conveniently located near Target, Publix and everyday shopping and services, while also offering easy access to the Gulf Coast lifestyle that makes Sarasota such a desirable rental market. Siesta Key and the Gulf of Mexico are within easy reach, giving tenants convenient access to some of the area's most sought-after beaches and recreational amenities. Outdoor enthusiasts will appreciate the property's proximity to Wharf Road Park and Vamo Drive Park, both of which offer canoe/kayak launching access to the Sarasota-area waterways. Vamo Drive Park sits on Little Sarasota Bay and provides a canoe/kayak launch, while Wharf Road Park also provides direct paddling access. The parks are also less than a mile from Midnight Pass, placing some of Sarasota's premier coastal recreation within a short float across the bay. Another potential long-term benefit is the property's proximity to the Sarasota Square redevelopment. The former Sarasota Square Mall site is being transformed into a large mixed-use destination incorporating retail, restaurants, outdoor gathering areas and residential development. The project is already under active development, with the first phase of commercial space moving forward and a 355-unit residential component planned as part of the larger redevelopment. For an investor, this property offers an appealing combination of existing rental income, professional management, two separately rentable units, private laundry, carports, outdoor space, an immediately tourable vacant unit, and a location positioned near shopping, beaches, Sarasota Bay and significant surrounding redevelopment. Tour the vacant 1976 unit while it is available and see the investment opportunity for yourself. Properties offering this combination of income and South Sarasota location deserve a closer look.

The essentials

Built
1977
Price / sqft
$240
On market
24 days
Annual tax
$5,000
Flood zone
X · Low risk
Lot
7,500 sqft
Type
Duplex

At a glance

Multi-family
Built 1977
7,500 sqft lot
Lot size
1,651 sqft
Living area

Payment

Est. monthly payment
$2,680/mo
Down payment (20%)
$79,200
Property taxes
$417/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1977
Lot
7,500 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Driveway
Days on Market
24
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Thermostat
Window Treatments
Private Entrance
Private Mailbox
Private Yard
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
Gulf Gate Elementary
Middle
Brookside Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone x
Annual Tax (2025)
$5,000
Parcel #
0124130030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
North Vamo Sub 2
County
Sarasota
MLS Area
34231 - Sarasota/Gulf Gate Branch
Lot Size
7,500 sqft

Price history

Date
Event
Price
9/23/2026
Listed for sale
Source: Stellar MLS #A4707072
$396,000
$240/sqft

Neighborhood

1974/76 Debbie St
Sarasota, FL, 34231 · 34231 - Sarasota/Gulf Gate Branch

Market insights

Offer Insights

Choose an offer strength

List price: $396,000
$382,500 – $396,000
96.5% – 100% of listTops out right at the list price
80% of listList price
106 of the last 211 home closings in 34231 landed at this number or higher (50%). The median one sat 39 days before it went under contract, and this one is on day 24.

Sample: 211 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,680/mo
Principal & interest$2,065
Property taxes$417
Insurance$198
Down payment20% · $79,200
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$396,000

$240 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,651 sq ft

Time on market

24 days

Year built

1977

Monthly payment

About $2,680/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,000 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byBLUE SKY REAL ESTATEListing agent: John WernerListing data from Stellar MLS, MLS# A4707072.

Keep exploring Florida

Pick up where you left off, or see what else is out there.