Active

2045 GULF OF MEXICO DR #M1-214

LONGBOAT KEY FL, 34228

$725,000


$781.25 per sqft

Active

928 sqft

Multi-family

Built in 1974

Discover a lucrative investment opportunity at 2045 Gulf of Mexico Dr #214, ideally situated walking distance to the prestigious St. Regis hotel and resort. This spacious condo offers prime rental income potential, with rents at Seaplace ranging from $4,000 during the off-season to up to $10,000 per month in-season. Enjoy the flexibility of using the property part of the year while potentially generating enough income to cover all your yearly costs. Additionally, Longboat Key real estate has a history of consistent annual appreciation, making this an even more compelling investment. Investors can capitalize on the high demand for luxury accommodations in this exclusive beachfront community. Buyer must conduct their own due diligence on income expectations. Don't miss out on this chance to own a profitable piece of Longboat Key's premier real estate Current lease in place Jan 1, 2025 through Aril 30, 2025.

A4621309

MLS ID

August 26, 2024

Listed

September 13, 2024

Updated

Map

2045 GULF OF MEXICO DR #M1-214
LONGBOAT KEY FL, 34228

Interior Features

Total Stories

1


Interior Features

Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat


Appliances

Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer


Laundry Description

In Kitchen


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Sliding Doors


Lot Features

Near Golf Course, Near Marina, Sidewalk


Roof

Tile


Sewer

Public Sewer

Other Property Details

Area Name

34228 - Longboat Key


Taxes

$8,342


Tax Frequency

Annually


Association Fee

$4,093


Association Fee Frequency

Quarterly


Garage

No


Parking

Assigned, Guest


View

Yes


View Description

Trees/Woods, Water


County

Sarasota


Municipality

36


Water Source

Public


Pool

No


Zoning

R6MX

Listed by LIVING VOGUE LLC
Listing Contact: 800-486-1794 

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Data last updated 9/13/2024, 9:15 AM UTC

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