6550 Sabal Dr - Apartments FOR SALE


Sarasota, FL 34242- South Sarasota
$2,600,000 USD
941-356-1613
6550 Sabal Dr, Sarasota, FL for Sale
$2,600,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

6550 Sabal Dr
Sarasota, FL 34242
South Sarasota


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,405 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RMF1

APN/PARCEL ID

0108-09-0005

ASK ABOUT THIS PROPERTY

Troy RobbinsHarry E. Robbins Associates, Inc.More Info
941-356-1613

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Troy RobbinsHarry E. Robbins Associates, Inc.More Info
941-356-1613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.