2721 GULF OF MEXICO DR #504, Longboat Key, FL 34228

$1,100,000

$1,200,000

8.3%

Est.Price: ?

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Est. payment -/mo

2 Beds

2 Baths

884 SqFt

SOLD DATE : 02/29/2024

Key Details

Sold Price $1,100,000

Property Type Condo

Sub Type Condo - Hotel

Listing Status Sold

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $1,244

Subdivision Longboat Beachcomber

MLS Listing ID A4592299

Sold Date 02/29/24

Bedrooms 2

Full Baths 2

Construction Status Right of 1st Refusal

HOA Fees $1,133/qua

HOA Y/N Yes

Originating Board Stellar MLS

Year Built 1970

Annual Tax Amount $8,867

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.

Location

State FL

County Sarasota

Community Longboat Beachcomber

Zoning R3MX

Interior

Interior Features Living Room/Dining Room Combo, Solid Surface Counters

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace false

Appliance Dishwasher, Microwave, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Storage

Community Features Pool

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Laundry

Waterfront true

Waterfront Description Beach Front,Gulf/Ocean

View Y/N 1

Water Access 1

Water Access Desc Beach

View Water

Roof Type Other

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Right of 1st Refusal

Others

Pets Allowed No

HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Sewer,Trash

Senior Community No

Ownership Fee Simple

Monthly Total Fees $1, 133

Acceptable Financing Cash

Membership Fee Required Required

Listing Terms Cash

Special Listing Condition None

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Keith Houtz

keithhoutz@outlook.com +1(727) 415-4982

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by EXIT KING REALTY
Bought with EXIT KING REALTY

Since 2005, I have lived and helped clients in the Tampa Bay area, covering Pasco, Pinellas, Hernando, and Hillsborough Counties. I know and stay tuned into the developing and growing areas of Tampa Bay. Experience, Integrity, and Professionalism.
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+1(727) 415-4982

keithhoutz@outlook.com

3903 Northdale Blvd Suite 100E, Tampa, FL, 33624, United States

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