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6550 Sabal Dr 2 Unit Apartment Building $2,600,000 ($1,300,000/Unit) Sarasota, FL 34242

EXECUTIVE SUMMARY

Turn-Key Duplex with Strong Upside Potential
Nestled on a quiet street in Siesta Key, 6550 Sabal Drive is a fully renovated duplex offering a rare blend of privacy, charm, and income-generating power. Zoned Residential Multi-Family, this property provides investors with a stable, legal foundation for ongoing short-term or long-term rental use.
Both units have undergone extensive upgrades including:
New HVAC systems
Modern kitchens with premium finishes
Updated plumbing and electrical
Foam insulation for energy efficiency
Refreshed interiors and exteriors with durable, coastal-friendly materials
Each unit offers a turnkey guest experience, ideal for attracting consistent occupancy in one of Florida’s most desirable tourism markets. While tucked away from the village bustle, the property is just minutes from Siesta Key’s world-famous white-sand beaches, local shops, and restaurants.
This is a low-maintenance, high-return asset that combines the laid-back lifestyle of Siesta Key with serious rental upside—perfect for investors seeking long-term appreciation and reliable cash flow.
This property stands on its own as a high-performing, income-generating asset with a solid history of short-term rental success and strong year-round demand.
From 2023 to 2025, Siesta Beach earned top global honors, ranking #2 in the U.S. in both 2023 and 2024, then rising to #1 in 2025. It also placed top 10 worldwide each year, confirming its status as a premier destination and high-demand rental market.

PROPERTY FACTS

Price $2,600,000
Price Per Unit $1,300,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.21 AC
Building Size 1,850 SF
No. Stories 1
Year Built 1952
Parking Ratio 4.32/1,000 SF
Zoning RMF1 - RMF1 Nightly Rentals Allowed.

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Wi-Fi
  • Family Room
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • Fenced Lot
  • Pool
  • Furnished Units Available
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - -
3+2 1 - -
  • Listing ID: 35715466

  • Date on Market: 5/2/2025

  • Last Updated:

  • Address: 6550 Sabal Dr, Sarasota, FL 34242

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