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2045 GULF OF MEXICO DRIVE UNIT M1-214

Multi-family For Sale
$725,000

BTC: 11.38884355

ETH: 292.03842823

23 days
0 room(s)
928 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • LONGBOAT KEY • 34228 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Assigned / Guest
Year Built:
1974
Lot:
No Data
Heating:
Central
Price/sqft:
$781
Cooling:
Central Air
HOA:
$4,093
All facts and features

  • Flooring

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Other Property Information

    • Parcel Number: 0008111029

    • Zoning: R6MX

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    Green energy

    • Windows

  • Other financial information

    • HOA: $4,093

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,342

  • Source details

    • MLS ID: A4621309

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Kitchen

    • Lot Features: Near Golf Course / Near Marina / Sidewalk

    • Patio And Porch Features: Covered / Enclosed / Screened

    • Other Structures: Storage

    • Living Area: 928

    • Water Source: Public

    • Subdivision Name: SEAPLACE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LIVING VOGUE LLC