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 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 rentalsa 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.