Address
6550 SABAL DRIVE, Sarasota, FL
Price
$ 3,275,000
Property Attributes
  • MLS#U8197221
  • TypeIncome
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota-Crescent Beach-Siesta Key
  • NeighborhoodSABAL PALMS
  • Zip34242
  • StyleDuplex
  • Year Built1952
  • Taxes$ 8423
  • Price$ 3,275,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1850
  • Lot Size9,148 SqFt
Data Source:
Stellar MLS
Property Description

Experience the best of Siesta Key with this vibrant two-unit beach artist-style duplex, featuring a heated saltwater pool and an enviable location that offers both privacy and easy access to the beach, restaurants, and shops. Tucked away on a peaceful cul-de-sac, this property is divided into two separate units: a 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. With a projected gross income of $320k for 2023 and already 50% booked for the year, you can't go wrong with this investment. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, built-ins, and wood-burning fireplace. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, and a heated saltwater pool. Located just steps away from Crescent/Siesta Key Beach and a variety of restaurants, bars, grocery stores, and shops, this property also provides easy access to rental shops for boating, kayaking, jet skiing, and other water sports. Publix is only a five-minute drive from the property.

Price History
4/13/2023 Listed $3,495,000
5/24/2023 7% - $3,275,000

General Features

Additional Parcels Y/N No
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Association Y/N No
Building Area Units Square Feet
Buyer Agent Compensation 3%
Carport Y/N No
City SARASOTA
Construction Materials Block, Wood Siding
Cooling Central Air
County Sarasota
Directions Take 75 South to Naples, Right onto Clark Rd towards Siesta Key, Left on Midnight Pass Rd, Left on Old Stickney Point Rd, Right onto Sabal Dr.
Disclosures Lead Paint, Seller Property Disclosure
Exterior Features French Doors, Rain Gutters, Sliding Doors
Garage Y/N No
Heating Central
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Levels One
Lot Size Square Feet 8960
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Minimum Lease No Minimum
New Construction No
Patio/Porch Features Enclosed, Patio, Rear Porch
Percent Ownership Fee Simple
Pets Allowed Yes
Pool Features Child Safety Fence, Heated, In Ground, Salt Water
Possession Close of Escrow
Private Pool Yes
Property Condition Completed
Property SubType Duplex
Property Type Residential Income
Roof Shingle
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name SABAL
Subdivision Name SABAL PALMS
Tax Annual Amount 8423.97
Tax Lot A
Tax Year 2022
Terms Cash, Conventional
Total Number of Buildings 1
Total Units 2
Township 37S
Unit Count 2
Utilities BB/HS Internet Available, Cable Available, Electricity Available, Public, Water Available
View Pool, Trees/Woods
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8197221
Water Access YN No
Waterfront Y/N No
Year Built 1952
Zoning RMF1

Interior Features

Fireplace Y/N No
Flood Zone Code Zone AE
Flooring Vinyl
Living Area Units Square Feet
Livingareasource Appraiser
Street Suffix DRIVE
Total Baths 3
Total Bedrooms 4

Exterior Features

Days on Market 41
Living Area 1850
Building Area Total 1988
Foundation Details Slab
Lot Features Cul-De-Sac
Lot Size Acres 0.21
Parking Features Open
Road Responsibility Public Maintained Road
Road Surface Type Asphalt
Spa No
Water Extras YN No
Water Source Public
Water View YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34242

Price
AVG $4.35M
$3.28M
Taxes
AVG $18,165
$8,423
Visits
AVG 300
141
Year Built
AVG 1975
1952
Walkscore
AVG 50
53
Data Provided by Walkscore ® not using MLS data