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Listing 3 out of 325
$750,000 Pending

4725 Gulf Of Mexico Drive #119
Longboat Key, FL 34228

2 beds, 2 baths | Condo
1,032 sq ft - MLS# A4206687
Property Photo
1/20

Description

Top income producing condo at the Sand Cay beach resort! Investors paradise with 12% gross rent ROI. Over $71K in net income in 2017. This unit pays for itself or your mortgage to own. #1 in occupancy and the most requested unit, mostly recurring guests who have stayed at other locations on LBK and Sand Cay, because of the privacy of the patio and the extensive high end upgrades and amenities furnished by the owners who have spared no expense to bring this condo to the highest standards possible! Read the reviews for yourself on VRBO! This is a direct beach/gulf front condo! Sand Cay is a 60 unit complex with heated pool and tennis courts. On site rental office open 7 days a week for your peace of mind. Enjoy this condo as your vacation getaway and rent it out when not in use for great income! Channel Manager hired by the resort to maximize rental income going forward. This is a very rare opportunity to own the best of the best at Sand Cay beach resort! All the work and effort has already been done for you! 100K rental income possible in 2018 depending on owner usage. Season already booked for 2019.

Features

  • Property Type: Condo
  • Sub Type: Condominium
  • Listing Status: Pending
  • County/Area: Manatee County
  • Zip Code: 34228
  • Year Built: 1974
  • Subdivision/Neighborhood: Sand Cay A Condo
  • Sq.Ft.: 1,032 sq ft
  • Stories: One
  • Total Rooms: 3
  • Bedrooms: 2
  • Full Baths: 2
  • Baths: 2 baths
  • Pool or Spa: Gunite, Heated, In Ground
  • View: Water Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial Yes
  • Waterfront: Beach - Private, Gulf/Ocean Yes
  • Zoning: T6
  • Additional Rooms: Inside Utility
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Association Amenities: Maintenance, Security, Tennis Court(s)
  • Association Fee: 2800.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities
  • Association Fee Requirement: Required
  • Building Area Source: Public Records
  • Building Area Total: 1032.00
  • Building Name Number: 119
  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts
  • Construction Materials: Block, Stucco
  • Cooling: Central Air
  • Country: US
  • Exterior Features: Balcony, Tennis Court(s)
  • Floor Number: 1
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Furnished: Furnished
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Furnished, Solid Wood Cabinets, Stone Counters
  • Minimum Lease: 1 Week
  • Month To Month Or Weekly YN: Yes
  • Monthly HOA Amount: 933.33
  • Num Timesper Year: 52
  • Other Structures: Tennis Court(s)
  • Parcel Number: 8008801006
  • Parking Features: Assigned, Guest, None
  • Roof: Shingle
  • SW Subdiv Community Name: Sand Cay A Condominium
  • Stories Total: 2
  • Tax Year: 2017
  • Township: 35
  • Utilities: Cable Available, Cable Connected
  • Water Access: Beach - Private, Gulf/Ocean, Yes
  • Water Body Name: GULF OF MEXICO
  • Water Frontage Feet Beach Prvt: 500
  • Water Frontage Feet Gulf Ocean: 500
  • Waterfront Feet Total: 1000
  • Window Features: Blinds
Courtesy of True Real Estate Inc

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