6550 SABAL DRIVE Sarasota, FL $ 2,850,000
6550 SABAL DRIVE
$ 2,850,000
New Construction
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6550 SABAL DRIVE

Sarasota, FL, 34242
$ 2,850,000
Bedrooms4 Baths4.1 Sq 2,240

Monthly Estimate*

$ 19,684

6550 SABAL DRIVE, Sarasota, FL 34242 - Image 1
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6550 SABAL DRIVE, Sarasota, FL 34242 - Image 8
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Apartment for sale in Sarasota, FL

for $2,850,000 with 4 bedrooms and 4 full baths, 1 half bath. This 2,240 square foot apartment was built in 2027 on a lot size of 0.21.

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.

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Apartment Active

Price

$ 2,850,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Apartment

Taxes

$ 13,211

Style

1/2 Duplex

Lot Size

0.21

Year Built

2027

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

TB8548050

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Microwave Range Refrigerator
Zoning RMF1
Pool Features In Ground
Construction Materials Block
Year Built 2027
Levels Two
Property Subtype 1/2 Duplex
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction true
Property Type Residential
Subdivision Name SABAL PALMS
Facing Direction East
Garage Y/N false
Total Rooms 3
Full Baths 4
Status Active
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
City SARASOTA
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 8960
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 13211
Property Condition Pre-Construction
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8548050
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot A
Legal Description LOT A UNRECORDED PLAT OF SABAL PALMS BEING SAME LANDS AS DESC IN ORI 2022081180
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
In Law Suite YN false
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Interior
Interior Amenities Kitchen/Family Room Combo
Flooring Tile
Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Inside
Total Bedrooms 4
Total Baths 5
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Exterior
Exterior Amenities Courtyard Outdoor Grill Outdoor Shower
Water Source Public
Lot Size Area 8960
Foundation Details Block
Spa false
Building Area Total 2240
Lot Size Acres 0.21
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
People's Trust Realty

Broker

stevef@e-loanmortgage.com

Email

Affordability Calculator

$20,785
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,684
Monthly Property Taxes
$1,101
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$2,850,000 30.43% Price Up
9/12/2026$2,185,000 Listed Price

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6550 SABAL DRIVE, Sarasota, FL, 34242 is a Apartment for sale at $2,850,000 with 2,240 sqft and a lot size of 0.21. 6550 SABAL DRIVE has 4 bedrooms, 4.1 baths, and was built in 2027. The property's zip code is 34242 which is in Sarasota, FL