Longboat Key, FL 34228,2721 GULF OF MEXICO DR #504
Longboat Key, FL 34228,2721 GULF OF MEXICO DR #504
Longboat Key, FL 34228,2721 GULF OF MEXICO DR #504
32
$1,100,000
$1,200,000
8.3%
Est.Price: ?

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2 BD
2 BA
884 SqFt

2721 GULF OF MEXICO DR #504 Longboat Key, FL 34228

Est. payment /mo
SOLD DATE : 02/29/2024

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Key Details

Sold Price $1,100,000

Property Type Condo

Sub Type Condo - Hotel

Listing Status Sold

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $1,244

Subdivision Longboat Beachcomber

MLS Listing ID A4592299

Bedrooms 2

Full Baths 2

HOA Fees $1,133/qua

Year Built 1970

Annual Tax Amount $8,867

Property Sub-Type Condo - Hotel

Property Description

Unmatched views await you with this beautifully updated waterfront condo on the 5th floor of The Longboat Key Beachcomber. Listen to the waves crash on the white sand beach of Longboat Key. This building is unique in many ways, mainly due to the short term rental ability. Unit 504 consistently brings in around $60,000 in rental income per year and is managed by an onsite management team. Major renovations of this property have been completed and the owner has paid all of the assessments in full. Another huge benefit of this location is that it is across the street from the Publix shopping plaza which is very convenient. Minutes to St. Armands, Anna Maria, and downtown Sarasota. This property will make a great investment or seasonal retreat.

Location

State FL

County Sarasota

Community Longboat Beachcomber

Zoning R3MX

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Laundry Common Area

Exterior

Exterior Feature Storage

Community Features Pool

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Laundry

Waterfront Description Beach Front,Gulf/Ocean

View Y/N 1

Water Access 1

View Water

Roof Type Other

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Monthly Total Fees $1, 133

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by EXIT KING REALTY
Bought with EXIT KING REALTY

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agent

Elena Chinea Ivani

Agent | BKSL3430933

+1(347) 524-9674

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