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), with an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow. The… Read More 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 Airbnb 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. Absentee owner managed; turnkey operation available at on a 10% management fee with all staff staying in place. Can by purchased as a portfolio along with 6550 Sabal Drive. Read Less
Courtesy of BEYCOME OF FLORIDA LLC 804-656-5007
Listing Snapshot
Days Online
6
Last Updated
Property Type
Duplex
Beds
6
Square Ft.
1,998
Lot Size
0.1 Acres
Year Built
1965
MLS Number
O6377280
Additional Details
Property Access
Road Surface: Concrete
Building
Built in 1965, Living area: 1998, Living area units: Square Feet, Construction Materials: Block, Frame
Cooling
Central Air
Exterior Features
Lighting, Outdoor Grill, Outdoor Shower, Sauna
Foundation
Slab
Heating
Electric
Interior Features
Primary Bedroom Main Floor, Sauna
Laundry
Inside
Lot
0.11 acres
Pool
Above Ground
Roof
Shingle
Taxes
Additional parcels description:, Parcel Number: 0080170029, Public Survey Range: 17, Public Survey Section: 11, Annual Amount: $13,996, Tax Block: 15, Tax Book Number: 1-76, Legal Description: LOT 9 LESS S 3 FT THEREOF BLK 15 SARASOTA BEACH, Lot: 9, Year: 2025, Zoning: CG
Utilities
Cable Connected, Electricity Connected, Water Connected, Water Source: Public
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