2721 Gulf Of Mexico Drive Unit 504, Longboat Key, FL 34228

$1,100,000
2
BD
2
BA
884
SqFt

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Sold Price
$1,100,000
List Price
$1,200,000
Status
Sold
Days on Market
48
Closing Date
Feb 29, 2024
MLS#
A4592299
Property Style
Condo - Hotel
Year Built
1970
Bedrooms
2
Bathrooms
2
Living Area
884
Price per sq. ft.
1357.47
Total Acreage
Non-Applicable
Legal Subdivision Name
Longboat Beachcomber
Community Name
Longboat Beachcomber
MLS Area Major
Longboat Key

Property Description

Unmatched views await you with this beautifully updated waterfront condo on the 5th floor of The Longboat Key Beachcomber. Listen to the waves crash on the white sand beach of Longboat Key. This building is unique in many ways, mainly due to the short term rental ability. Unit 504 consistently brings in around $60,000 in rental income per year and is managed by an onsite management team. Major renovations of this property have been completed and the owner has paid all of the assessments in full. Another huge benefit of this location is that it is across the street from the Publix shopping plaza which is very convenient. Minutes to St. Armands, Anna Maria, and downtown Sarasota. This property will make a great investment or seasonal retreat.

Additional Information

Taxes
$8867
Minimum Lease Period
1 Week
Hoa Fee
$3,400
HOA Payment Schedule
Quarterly
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash
Community Features
Pool, No Deed Restriction
Property Description
One Story
Zoning
R3MX
Interior Features
Living Room/Dining Room Combo, Solid Surface Counters
Floor
Ceramic Tile
Appliances
Dishwasher, Microwave, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Storage
Roof
Other
Foundation
Slab
Pool
Community
Water View
Gulf/Ocean - Full
Water Access
Beach
Water Frontage
Beach Front, Gulf/Ocean
Pets
Not Allowed
Floor Number
5
Flood Zone Code
VE
Parcel ID
0007041028
Legal Description
UNIT 504 LONGBOAT BEACHCOMBER

Listing courtesy of EXIT KING REALTY. 941-497-6060

Selling Office: EXIT KING REALTY.

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