- CENTURY 21 Real Estate
- Florida
- Sarasota
- 6550 Sabal Drive
6550 Sabal Drive, Sarasota, FL 34242
Local realty services provided by:CENTURY 21 Circle
Listed by: steven koleno
Office: beycome of florida llc.
MLS#:O6377497
Source:MFRMLS
Price summary
- Price:$1,975,000
- Price per sq. ft.:$1,167.95
About this home
Discover an exceptional income-generating property in the heart of coveted Siesta Key! This fully renovated multi-unit compound features two spacious 3-bedroom, 2-bathroom units (one upstairs, one downstairs) currently operating as three separate Airbnb Superhost listings. With an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate and includes a complete management team and established brand. The property boasts recent upgrades including brand-new AC (2025), updated flooring (2024-2025), modernized plumbing (2024), electrical (2022), and refreshed hot tubs (2021). What sets this opportunity apart is its CG zoning with a special exemption for nightly rentals—a rare advantage that not only protects your rental business but also unlocks significant development potential. Future possibilities include constructing an 85-foot building with ground-floor parking, 11 two-bedroom units, and a stunning rooftop pool. Whether you're seeking a high-performing short term rental portfolio or a strategic redevelopment opportunity in one of Florida's most desirable beach destinations, this property delivers both immediate income and long-term appreciation potential.
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Home facts
- Year built:1952
- Listing ID #:O6377497
- Added:1 day(s) ago
- Updated:January 30, 2026 at 05:28 AM
Rooms and interior
- Living area:1,691 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1952
- Building area:1,691 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$1,167.95
- Tax amount:$13,211 (2025)
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