
$396,000
1974/76 Debbie Street
Sarasota, FL 34231
Listing updated: September 23, 2026 at 9:03 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveSep 24, 2026
- Listed$396,000Sep 23, 2026
- Price increased$396,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 0
- Subdivision
- North Vamo Sub 2
- County
- Sarasota
- Year built
- 1977
- Living area
- 1,651 sq ft
- Price/sq ft
- $240
- Building area
- 1,122 sq ft (Public Records)
- Lot size
- 7,500 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $5,000 (2025)
- Parcel #
- 0124130030
- MLS #
- A4707072
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Interior Details
- Bedrooms
- 4
- Flooring
- Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Window Treatments
- Laundry
- Outside
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Parking features
- Covered, Driveway
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- n/a
- CDD
- No
- Ownership
- Fee Simple
- Available for lease
- Yes
- Additional lease restrictions
- Please check the Sarasota County rules for renting.
Exterior & Construction
- Exterior features
- Private Entrance, Private Mailbox, Private Yard
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-09-23
- On market date
- 2026-09-23
- Original list price
- $396,000
- Occupant type
- Vacant
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-09-24
- Tax legal description
- LOT 40 BLK D NORTH VAMO PLAT 2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on 41 from Stickney Point, turn right on Debbie St, duplex is on the left
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 23, 2026 at 9:03 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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