$580,000 4725 Gulf Of Mexico Drive #212 Longboat Key, FL

MLS: A4204674   Type: Condos   County: Manatee   City: Longboat Key   Neighborhood: Sand Cay A Condo   Zip: 34228   Style: Condominium   # Rooms: 5    Stories: 1   Taxes: $5,987

Mortgage $2,723 /mo



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GREAT INVESTMENT PROPERTY with a proven rental history. Sand Cay is a Gulf Front Beach Resort with its own private beach, Pool, shuffle board court, tennis court, gulf front beach chairs and has showers and a barbecue area at the beach. The property has beautiful landscaping, all buildings and the pool are bordered with palm trees and nighttime illumination. Sand Cay is one of only a few communities that are allowed to have rentals as few as a 3 night minimum and this unit is one of the most heavily rented units on the property, making it a great investment. This unit has a proven revenue history and has bookings into 2019. The property went through a massive reconstruction in 2008, with new building ground anchoring, new outer walls, new windows, doors, staircases, walkways, and new steel beams. New metal roofs and new walkway treads were installed in 2016. This beautiful uni has been completely renovated with no further investment necessary. It is turnkey fully furnished. There is a partial gulf view from the living room and balcony. Located on the second floor, this unit has a new kitchen, new Italian style tile flooring in all rooms with special floor sound damping. Big mirror door closets in all bedrooms, new showers, new AC last year. Great investment with heavy rentals every year with a gross income around $ 60,000 in 2017. 2018 already 90% booked. One of the best rented unit at Sand Cay with excellent reviews on VRBO.

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Price History

12/15/2017 Listed $580,000

Association Amenities Elevators, Laundry, Tennis Court(s)
Association Fee Includes Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Trash
Building Elevator Yn Yes
Community Features Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts
Condo Fees 933
Condo Fees 2799
Condo Fees Term Quarterly
Condo Land Included Yn No
Garage Y/N 0
HOA Fee Frequency Quarterly
Homestead No
Levels One
MLS Area 34228 - Longboat Key
Property SubType Condominium
Property Type Residential
Security Features Smoke Detector(s)
Senior Community Y/N 0
Subdiv Community Name Sand Cay A Condominium
Subdivision SAND CAY A CONDO
Township 35
Unit Number 212
Utilities Cable Connected, Public
Zoning T6

Interior Features

Appliances Dishwasher, Disposal, Electric Water Heater, Microwave, Oven
Cooling Central Air
Fireplace Y/N 0
Floor Number 2
Flooring Ceramic Tile
Furnished Y/N Furnished
Heating Central, Electric
Interior Features Furnished
Pets Allowed Y/N No
Window Features Blinds

Exterior Features

Building Area Total 1071.00
Carport Y/N 0
Construction Materials Stucco
Exterior Features Balcony
Foundation Slab
Parking Features Assigned, None
Pool Features Gunite, Heated
Private Pool Y/N 0
Roof Metal
View Garden, Pool, Water
Water Access Type Beach - Private, Gulf/Ocean
Water Access Y/N Yes
Water Extras Yn No
Water View Gulf/Ocean - Partial
Water View Yn Yes
Waterfront Feet Total 0
Waterfront Y/N 0

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Property vs Zip Code Avg (34228)

Price 580K Avg 756K

Sqr Feet 1,071 Avg 1,561

Cost / Sqr Ft $542 Avg $485

Taxes $5,987 Avg $7,681

Visits 74 Avg 84

Days on Site 164 Avg 169

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Location & Address

Michael Simpkins
109 Harbor Village Ln
Apollo Beach, FL