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$464,900
2
beds
2
baths
760
sqft
Real Estate Professional
C.

Description

Silver Sands Gulf Beach Resort, located on exclusive Longboat Key, Florida, is a tropical beachfront resort just off the coast of Sarasota that offers both couples and families the perfect island getaway with spacious all-suite accommodations. This groundfloor unit overlooks the pool and has full gulf-front views. With two full bedrooms, two full bathrooms, a kitchen and a separate kitchenette, this unit offers a variety of possibilities! This unit was completely renovated in 2005, including plumbing and electrical updates. Just imagine having a morning cup of coffee, or an evening glass of wine on your tropical lanai. Walk a few short steps out onto the beach and find yourself immersed in private, gulf front tranquility. Furniture package is included. Rarely available income opportunity exists here with a full-time, on-site, world-class management company that can rent your unit(s) daily, weekly, or monthly. This unit has the ability to be rented as a two-bedroom/two bathroom unit, a one bedroom/one bathroom unit, or a hotel room. This maximizes your income producing potential like no others! This is truly a "plug and play" situation for the vacation/second-home investor. Leave your worries and enjoy your beach home that pays you back while your away! Phenomenal rental income makes these gulf front units cash flow nicely. This unit had gross income of nearly $47,000 in 2009!!! 2010 numbers available as well.

Property Highlights

  • Waterfront: Beach Front, Ocean Front, Beach Access
  • Pool
  • Association Fee: $1,727
  • View: Beach, Water, Pool
  • Heating / Cooling: Central
  • Property Type: Condo/Co-op, Condominium
  • Style: Key West
  • MLS #: A3936074

General Information

Area 34228 - Longboat Key
Fee Includes Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
HOA Fee $1,727
Property Subtype Residential
Property Type Condominium
Style Key West
Subdivision Silver Sands Condo
Taxes $4,187
Utilities Cable Available, Cable Connected, Electricity Connected

Room Information

Flooring Ceramic Tile
Full Baths 2
Furnished Furnished
Total Baths 2
Total Beds 2

Property Features

Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Association Amenities Maintenance, Shuffleboard Court
Community Features Pool
Construction Materials Block
Cooling Central Air
Exterior Features Lighting, Outdoor Grill, Outdoor Shower
Has View Yes
Heating Central
Interior Features Eat-in Kitchen
Interior Square Footage 760
Lot Size Acres 1.66
Lot Size Square Feet 72,300
Roof Metal
Rooms 5
Sewer Public Sewer
Stories One
Water Source Public
Waterfront Yes
Windows Window Coverings, Window Treatments
$464,900
2
beds
2
baths
760
sqft
Real Estate Professional
C.
Location
5841 Gulf Of Mexico Drive #257, Longboat Key, FL 34228 Driving Directions
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Nearby Schools
Listed by Brandy Loebker, Keller Williams On The Water.

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