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$2,850,000

6550 Sabal Drive Sarasota, FL 34242 • Residential - • Active

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Description

Pre-Construction. To be built. PRE-CONSTRUCTION OPPORTUNITY - SIDE-BY-SIDE LUXURY DUPLEX ON SIESTA KEYAn exceptional opportunity to acquire a proposed newly constructed side-by-side luxury duplex at 6550 Sabal Drive on Siesta Key with nightly rentals legally allowed. Designed in a modern West Indies coastal style, the concept features two completely private residences, each offering approximately 2,240 square feet of conditioned living space, four bedrooms, four-and-one-half bathrooms, a private elevator, covered parking for two vehicles, an individual rooftop terrace and a private pool with outdoor entertaining area.The proposed building includes ground-level covered parking and private entrances, two elevated living floors and two divided rooftop decks. Each residence is planned with an open-concept great room, designer kitchen, spacious primary suite, ensuite guest bedrooms, luxury bathrooms and expansive indoor-outdoor living areas. The elevated construction is intended to complement the coastal setting while providing private accommodations for owners, guests or vacation renters.The property contains approximately 8,960 square feet of land and is zoned RMF-1. The existing property is operated as a legal two-family residence and offers convenient access to Siesta Key Beach, nearby restaurants, shopping, boating and the south Siesta Key Village area.This offering is ideal for an investor, multigenerational family or buyer seeking to occupy one residence while using or renting the second residence. The proposed duplex may also provide an opportunity for separate ownership of the residences through an approved condominium structure, subject to legal and governmental review.The offering is for a pre-construction development concept. Renderings, floor plans, dimensions, square footage, finishes, pools, rooftop terraces and other features are conceptual and subject to change. Construction has not commenced. Final design, development rights, permitting, zoning compliance, pricing, completion schedule and specifications remain subject to Sarasota County approval, architectural and engineering review, contractor pricing and a mutually acceptable construction agreement.

Property Highlights

Property Type: Residential -
Cooling: Central Air
Heating: Electric
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $13,211
Year Built: 2027

General Information

Bedrooms: 4
Bathrooms: 4 Full 1 Half
Sqft: 2,240
County: Sarasota
Subdivision: SABAL PALMS
Listed By:
Steve Fingerman PEOPLE'S TRUST REALTY 727-946-0904

Amenities

Kitchen/Family Room Combo
Courtyard
Outdoor Grill
Outdoor Shower

Room Information

Primary Bedroom: 15x17
Living Room: 18x20
Kitchen: 12x13

Property Features

Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 27
Directions: Drive south on Ocean Bld/CR 789A. Continue on CR 789A. Bear right onto Midnight Pass Road/CR 758. Continue on Midnight Pass Road. Left to Old Stickney Point Road. Right to Sabal Drive
Exterior: Block
Fireplace: Wood Burning
Flood Zone Code: AE
Flooring: Tile
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.21
Ownership: Fee Simple
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, See Remarks
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMF1
$2,850,000
4beds
4.5baths
2,240sqft
Active
BEDS4 BATHS4 full 1 partial SQUARE FEET2,240 MLS#TB8548050
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONSABAL PALMS

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6550 Sabal Drive, Sarasota, FL 34242.

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Estimated Payment

$ 11,544.74 per month $9,612.57 Principal & Interest $1,100.92 Property Tax $831.25 Homeowner's Insurance

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Florida/Sarasota
Sarasota

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Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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