6550 Sabal Drive
6550 Sabal Drive
$2,845,000
4
1,800
1,800
$1,581
Description
Experience the best of Siesta Key with this vibrant two-unit beach duplex property featuring a heated saltwater pool, hot tub on one side and the other side with private pool and hot tub. This is a truly enviable location that offers both privacy and easy access to the beach, restaurants, and shops. This massive income producing duplex is 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...Experience the best of Siesta Key with this vibrant two-unit beach duplex property featuring a heated saltwater pool, hot tub on one side and the other side with private pool and hot tub. This is a truly enviable location that offers both privacy and easy access to the beach, restaurants, and shops. This massive income producing duplex is 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'. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. 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. Entire in-house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home did $286,000 gross in last 12 months. Gross cap rap is at 10%. This is unheard of on such a great property that will continue to grow in value. Now with the newly renovated and added 2 hot tubs, 2 arcades and an additional pool. This will increase the rental amount next year by at least 20% giving the 1br it's own private hot tub and pool. The 3br side now has their own heated saltwater pool and hot tub as well as being able to rent the entire house for larger groups.
- Listed by Matt Buttner • LIST NOW REALTY, LLC
Property Details for 6550 Sabal Drive
Subdivision Name
SABAL PALMS
Township37S
ViewWater
WaterfrontYes
Water ViewCanal
FurnishedFurnished
Location
LISTING UPDATED: 06/05/2024 03:53 PM
Property Details for 6550 Sabal Drive
Status | Active |
---|---|
MLS # | G5082122 |
Days on Market | 30 |
Taxes | $14,379 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1952 |
Lot Size | 0.21 AC / 8,960 SF |
County | Sarasota County |
Location
Building Information for 6550 Sabal Drive
Stories-Residences2Year Built1952Building Size-Lot Size0.21 AC / 8,960 SF
Payment Calculator
$16,725 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6550 Sabal Drive
Property History for 6550 Sabal Drive
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6550 Sabal Drive
Taxable ValueLand$789,500Additions$379,200Total$1,168,700
Tax Record2023$14,379 ($1,198 / month)
Home Facts
Baths2Total Finished SqFt1,691 SqFtAbove Grade Finished SqFt1,691 SqFtStories1Lot Size8,960 SqFtStyleDuplexYear Built1952Year Renovated2007ZoningSKOD; RMF1CountySARASOTAAPN0108-09-0005Fireplace TypeHas Fireplace
Schools near 6550 Sabal Drive
This home is within Sarasota.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Phillippi Shores Elementary School PublicPK to 5 | ||
Brookside Middle School Public6 to 8 | ||
Sarasota High School Public9 to 12 | ||
Sarasota Virtual School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.