SARASOTA, FL 34242 6550 Sabal DRIVE

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Presented By: LIST NOW REALTY, LLC with 352-385-7636. - 352-385-7636
  • MLS# G5082122
  • 05/13/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 1,800

Home Details

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.
Presented By: LIST NOW REALTY, LLC with 352-385-7636. - 352-385-7636

Interior Features for 6550 Sabal DRIVE

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceOwner
Air Conditioning Y/NYes
Fireplace FeaturesWood Burning
Fireplace Y/NYes
FlooringLuxury Vinyl
Furnished Y/NFurnished
Heating Y/NYes
Laundry FeaturesInside
Window FeaturesBlinds, Drapes

General for 6550 Sabal DRIVE

Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Building Area UnitsSquare Feet
Buyer Agent Compensation2.0%
Carport Y/NNo
CitySARASOTA
Construction MaterialsWood Frame, Wood Siding
CoolingCentral Air
CountySarasota
Days on Market43
DirectionsGo over Stickney Point Bridge, take a left at the light, another left at Captain Curts, and then a right on Sabal. You can't miss the home from there.
Exterior FeaturesAwning(s), Lighting
Flood Zone CodeAE
Garage Y/NNo
Gross Income286000
HOA / Comm AssnNo
HeatingCentral, Electric
Interior FeaturesOpen Floorplan, Primary Bedroom Main Floor, Stone Counters
Land Lease Y/NNo
Legal DescriptionLOT A UNRECORDED PLAT OF SABAL PALMS, BEING SAME LANDS AS DESC IN ORI 2022081180
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet8960
Lot Size UnitsSquare Feet
MLS Area34242 - Sarasota/Crescent Beach/Siesta Key
ModificationTimestamp2024-06-25T21:59:45.710Z
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
Ok to Lease>6 Months <12
Patio/Porch FeaturesDeck, Front Porch, Patio, Porch, Rear Porch, Screened
Percent OwnershipFee Simple
Pool FeaturesAuto Cleaner, Deck, Heated, In Ground, Salt Water
Property SubTypeDuplex
Property TypeResidential Income
RoofShingle
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesAbove Ground, Heated
Standard StatusActive
StatusActive
Subdivision NameSABAL PALMS
Tax Annual Amount14378.95
Tax LotA
Tax Year2023
Total Actual Rent23800
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
ViewWater
View Y/NYes
Virtual TourClick here
Water Access TypeCanal - Brackish
Water Access Y/NYes
Water ViewCanal
Water View Y/NYes
Waterfront FeaturesCanal - Brackish
Waterfront Y/NYes
Year Built1952
ZoningRMF1

Exterior for 6550 Sabal DRIVE

Building Area Total1988
Foundation DetailsSlab
Lot Dimensions112 x 100
Lot FeaturesFlood Insurance Required, FloodZone, In County, Street Dead-End
Lot Size Acres0.21
Lot Size Area8960
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Open Parking Y/NYes
Parking FeaturesCommon, Driveway
Road Frontage TypeStreet Dead-End
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaYes
Water SourcePrivate

Additional Details

Price History

Worth Clark

Price $2,690,000
MLS#G5082122
List Date 05/13/2024
Property Type Income
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