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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.

Property Details of 6550 Sabal Drive

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Listed by Matt Buttner - LIST NOW REALTY,LLC

Based on information submitted to StellarMLS as of May 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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