Homes for sale - 6550 SABAL DR, Sarasota, FL 34242

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Dawn Berry

dawn.hbrealty@gmail.com +1(954) 336-3296

$ 1,975,000

Est. payment | -/mo

1,691 SqFt

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$ 1,975,000

Est. payment | -/mo

Save Virtual Tour

1,691 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,691 sqft

Price per Sqft $1,167

Subdivision Sabal Palms

MLS Listing ID O6377497

HOA Y/N No

Year Built 1952

Annual Tax Amount $13,211

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Discover an exceptional income-generating property in the heart of coveted Siesta Key! This fully renovated multi-unit compound features two spacious 3-bedroom, 2-bathroom units (one upstairs, one downstairs) currently operating as three separate Airbnb Superhost listings. With an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate and includes a complete management team and established brand. The property boasts recent upgrades including brand-new AC (2025), updated flooring (2024-2025), modernized plumbing (2024), electrical (2022), and refreshed hot tubs (2021). What sets this opportunity apart is its CG zoning with a special exemption for nightly rentals—a rare advantage that not only protects your rental business but also unlocks significant development potential. Future possibilities include constructing an 85-foot building with ground-floor parking, 11 two-bedroom units, and a stunning rooftop pool. Whether you're seeking a high-performing short term rental portfolio or a strategic redevelopment opportunity in one of Florida's most desirable beach destinations, this property delivers both immediate income and long-term appreciation potential.

Location

State FL

County Sarasota

Community Sabal Palms

Area 34242 - Sarasota/Crescent Beach/Siesta Key

Zoning RMF1

Interior

Interior Features Kitchen/Family Room Combo

Heating Electric

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Wood Burning

Fireplace true

Laundry Inside

Exterior

Exterior Feature Courtyard, Outdoor Grill, Outdoor Shower, Private Mailbox

Pool Above Ground, Heated, In Ground

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool Yes

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Other, VA Loan

Listing Terms Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/e0107c41-4b6c-4384-a07d-3c7d477f7fbb?setAttribution=mls\u0026wl=true\u0026initialViewType=pano\u0026utm_source=dashboard"}

Listed by Steven Koleno BEYCOME OF FLORIDA LLC

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 7

8

Phillippi Shores Elementary School

Public | PK - 5
7

Gulf Gate Elementary School

Public | PK - 5
5

Wilkinson Elementary School

Public | PK - 5
0

Ese Special Programs

Public | PK - 12
0

Sarasota Virtual Instruction Program

Public | KG - 12
0

The Out-of-Door Academy

Private | PK - 12
0

Out of Door Academy-Upper School

Private | PK - 12

Middle Schools 1

0

Triad

Public | 6 - 12

High Schools 3

7

Riverview High School

Public | 9 - 12
7

Suncoast Polytechnical High School

Public | 9 - 12
0

Sarasota Virtual Instruction (Course Offerings)

Public | 9 - 12

School and business data provided by Attom Data.

+1(954) 336-3296

dawn.hbrealty@gmail.com

10011 Pines Boulevard Suite #103, Pembroke Pines, FL, 33024, USA

6550 SABAL DR Sarasota, FL 34242