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$2,850,000
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Property Description
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.
Full Property Details
Full Property Details for 6550 Sabal Dr
General
- Price: $2,850,000
- Taxes: $13,211 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8548050
- Updated: 10/8/2026
- Added to Site: 27 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Kitchen and Family Room Combination
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Courtyard, Outdoor Grill, Outdoor Shower
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SABAL PALMS
- Driving 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
- Direction Faces: East
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Approx Compl Date: 2028-01-01T05:00:00.000Z
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,240
- Sq. Ft. Source: Owner
- Year Built: 2027
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,960
- Lot Size: 8960
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $13,211
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT A UNRECORDED PLAT OF SABAL PALMS, BEING SAME LANDS AS DESC IN ORI 2022081180
- Flood Zone Info: AE
- APN: 108090005
- Property ID: 108090005
Listed by People's Trust Realty
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Schools
Schools serving 6550 Sabal Dr
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.4 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 3.5 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6550 Sabal Dr
Date
Details
Price
Change
Source
10/08/2026
Price Increased
$2,850,000
30.43%
MLS
9/11/2026
Listed
$2,185,000
53.01%
MLS
4/14/2022
Sold
$1,428,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6550 Sabal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,209
-12%
$1,063,700
-5%
2024
$13,883
-3%
$1,125,300
-4%
2023
$14,379
86%
$1,168,700
84%
2021
$7,731
-8%
$634,800
-13%
2022
$8,424
9%
$729,000
26%
2021
$7,731
13%
$580,100
38%
2019
$6,871
3%
$418,975
10%
2018
$6,655
1%
$380,886
-34%
2017
$6,573
36%
$573,900
65%
2016
$4,846
3%
$346,800
21%
2015
$4,716
4%
$286,165
10%
2014
$4,529
9%
$260,150
10%
2013
$4,174
—
$236,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6550 Sabal Dr
6550 Sabal Drive, Sarasota, FL 34242 (MLS# TB8548050) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 6550 Sabal Drive is currently listed for $2,850,000 and was received on September 11, 2026. Want to learn more about 6550 Sabal Drive? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

