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6550 SABAL DRIVE

For Sale
$2,850,000

BTC: 35.57230852

ETH: 1,171.87500000

+$665K (2026/10/02)
32 days
4 bds
4 ba
2,240 sqft

Overview

Pre-Construction. To be built. PRE-CONSTRUCTION OPPORTUNITY – SIDE-BY-SIDE LUXURY DUPLEX ON SIESTA KEY An 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.

Location

Florida • SARASOTA • 34242 • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
2027
Lot:
0.21 Acres
Heating:
Electric
Price/sqft:
$1,272
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,789,500
$752K – $2.5M
Confidence Low
List vs. estimate
$1.1M above estimate
List $2,850,000 · +59.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,272
+298.7% vs. city median $319
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,211
2025
Pool
In Ground
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Courtyard / Outdoor Grill / Outdoor Shower

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 0108090005

    • Zoning: RMF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $13,211

  • Source details

    • MLS ID: TB8548050

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Fireplace Features: Wood Burning

    • Laundry Features: Inside

    • Pool Features: In Ground

    • Direction Faces: East

    • Living Area: 2240

    • Water Source: Public

    • Subdivision Name: SABAL PALMS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PEOPLE'S TRUST REALTY