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6550 Sabal Drive
Sarasota, FL 34242

$2,185,000

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Listing Details

  • $2,185,000
  • MLS# TB8548050
  • Type Residential -
  • Status Active
  • 3
    Bedrooms
  • 3 full
    Bathrooms
  • 1,691
    Square Feet
  • 0.210 acres
    Lot Size
  • 1952
    Year Built

Listed By

Agency Name: PEOPLE'S TRUST REALTY
Agency Contact: 352-688-7022

Shown By

Agency Title: Pupello Realty Company, LLC
Agency Phone: (386) 216-8338

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Home Value Estimate


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...read more

Features

  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Central Air, Wall/Window Unit(s)
  • Vinyl
  • Electric
  • 1.0 Story
  • $13,211 Taxes
  • Public
  • Built in 1952

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