FL
Sarasota
SARASOTA
34242
6550 SABAL DRIVE
6550 SABAL DRIVE, SARASOTA, FL 34242
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Listing Type
Condo/Townhome
Listing Status
Active
91
$2,185,000

Home Details for 6550 SABAL DRIVE

Price
$2,185,000
Type
Residential
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Square feet
1691
Year built
1952
Lot size acres
0.21
County
Sarasota
Total rooms
3
MLS Listing#
TB8548050
Property Description

Discover an exceptional income-producing property in the heart of Siesta Key. This fully renovated multi-unit property features a spacious 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit located side by side, creating an ideal setup for short-term rental income. The property generated $270,000 in gross income in 2023, $264,000 in 2024, $221,891 in 2025, and $176,349 from January through July of this year, even with hurricane related downtime, making this a turnkey investment with immediate cash flow. The property is zoned RMF (Residential Multifamily) and is legally permitted for nightly rentals, a rare and highly desirable zoning designation on Siesta Key. Recent upgrades include brand new AC (2025), updated flooring (2025), modernized plumbing (2025), electrical upgrades (2025), and hot tubs installed (2023). With its proven rental history and strong income potential, this property offers one of the best cap rate opportunities currently available on Siesta Key. is part of a very successful Airbnb portfolio consisting of three duplexes with cap rates exceeding 10 percent. Please inquire for details.

Property Features
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Utilities
    • Electricity Connected
    • Water Connected
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Fire Place
    • Wood Burning
Listing Courtesy: PEOPLE'S TRUST REALTY - 727-946-0904
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-09-12 03:20:09
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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