4725 Gulf Of Mexico Dr #119, Longboat Key, Florida
List Price: $750,000
MLS Number: A4206687

  • Status: Sold
  • Sold Date: Jun 04, 2018
  • DOM: 87 days
  • Square Feet: 1032
  • Price / sqft: $727
  • Bedrooms: 2
  • Baths: 2
  • Pool: Community
  • City: LONGBOAT KEY
  • Zip Code: 34228
  • Year Built: 1974
  • HOA Fee: $2,800
  • Payments Due: Quarterly
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.

Misc Info

Subdivision: Sand Cay A Condo

Annual Taxes: $8,730

HOA Fee: $2,800

HOA Payments Due: Quarterly

Water Front: Beach - Private, Gulf/Ocean

Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial

Water Access: Beach - Private, Gulf/Ocean

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    Sold Information

    CDD: $700,000

    Sold Price per Sqft: $ 678.29 / sqft

    Home Features

    Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

    Flooring: Ceramic Tile

    Air Conditioning: Central Air

    Exterior: Balcony, Tennis Court(s)

    Garage Features: Assigned, Guest, None

    Room Dimensions

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