SARASOTA, FL 34242 6550 SABAL DRIVE

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Presented By: BEYCOME OF FLORIDA LLC with 804-656-5007. - 844-239-2663
  • MLS# O6377497
  • 01/28/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 1,691

Home Details

Discover an exceptional income-generating property in the heart of coveted Siesta Key! This fully renovated multi-unit compound features a spacious 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathrooom unit (side by side). An impressive $270,000 gross income in 2023 and $264,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow. Note: This property is zoned an RMF (Residential Multifamily) and is legally able to accept nightly rentals. The property boasts recent upgrades including brand-new AC (2025), updated flooring (2025), modernized plumbing (2025), electrical (2025), and hot tubs (2023). This amazing opportunity is the best cap rate on any house on Siesta Key. Whether you're seeking a high-performing Airbnb 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. Absentee owner managed; turnkey operation available at on a 10% management fee with all staff staying in place. This property could be purchased as a portfolio with 5228 Calle Menorca.
Presented By: BEYCOME OF FLORIDA LLC with 804-656-5007. - 844-239-2663

Interior Features for 6550 SABAL DRIVE

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceOwner
Air Conditioning Y/NYes
Fireplace FeaturesWood Burning
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesKitchen/Family Room Combo
Laundry FeaturesInside

General for 6550 SABAL DRIVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CitySARASOTA
Construction MaterialsWood Frame
CoolingCentral Air, Wall/Window Unit(s)
CountySarasota
DirectionsDrive south on Ocean Bld/CR 789A. Continue on CR 789A. Bear right onto Midnight Pass Road/CR 758. Continue on Midnight Pass Road. Left to Old Stickney Point Road. Right to Sabal Drive.
Flood Zone CodeAE
Garage Y/NNo
HeatingElectric
Land Lease Y/NNo
Legal DescriptionLOT A UNRECORDED PLAT OF SABAL PALMS, BEING SAME LANDS AS DESC IN ORI 2022081180
Listing TermsCash, Conventional, FHA, Other, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet8960
Lot Size UnitsSquare Feet
MLS Area34242 - Sarasota/Crescent Beach/Siesta Key
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
Pool FeaturesAbove Ground, Heated, In Ground
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameSABAL PALMS
Tax Annual Amount13211
Tax LotA
Tax Year2025
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1952
ZoningRMF1

Exterior for 6550 SABAL DRIVE

Exterior AmenitiesCourtyard, Outdoor Grill, Outdoor Shower, Private Mailbox
Foundation DetailsBlock
Lot Size Acres0.21
Lot Size Area8960
Number of Buildings1
Private PoolYes
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $1,975,000
MLS#O6377497
List Date 01/28/2026
Property Type Income
Request Tour
Request Info
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