4725 GULF OF MEXICO DRIVE #119, Longboat Key, Florida

$750,0002 Beds2 BathsActive

4725 GULF OF MEXICO DRIVE #119, Longboat Key, Florida 34228
True Real Estate Inc - MLS® ID: A4206687

Property Details

4725 GULF OF MEXICO DRIVE #119, Longboat Key, Florida 34228 - 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.

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  • Zip34228
  • Countymanatee
  • SQFT1032
  • Bedrooms2
  • Full baths2
  • StatusActive
  • Purchase TypeActive
  • Property typeCondo/Townhome
  • Zoning typeT6
  • Year built1974
  • SewerPublic Sewer
  • HeatingCentral
  • CoolingCentral Air
  • ParkingGuest
  • Tax amount$8,730.00
  • Tax year2017
  • Office ID281506097
  • Agent ID281522025
  • Agent nameStephen Schoenfeld
  • MLS® IDA4206687

Broker: True Real Estate Inc

Listing Courtesy of True Real Estate Inc

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“Mike and Rob made the home selling process easy and quick! From the great service we received from them and their team to the amazing pictures they had taken of our home, I feel their aggressive marketing is what helped sell our home in record time..... and for asking price! We WILL definitely be working with the Orlando HomeTeam on our next home purchase!”

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