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2721 GULF OF MEXICO DR #504 Longboat Key, FL 34228
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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 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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Bought with EXIT KING REALTY