4725 Gulf Of Mexico Drive #212

Longboat Key, FL 34228 View Map $439,000 Schedule a Showing
Beds2
Baths2
Sq.Ft.1,071
Year1974

Client Concierge

(844) 212-5834
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Status: Pending
Property Type:Condominium
MLS #:A4414979
Sq. Feet:1,071
On Site:159 Days
Lot Size:4.93 Acres
County:Manatee
Monthly HOA:$1,043
Immaculate. 6.7 % cap rate in 2018. Plentiful booked for 2020 already. This extensively updated condo has a kitchen with granite countertops and contemporary cabinets, fully updated bathrooms with granite, tile flooring with sound insulation. New AC in 2017, new water heater 12/2018. This condo even offers a peek of the Gulf. The balcony is sizable and allows up to six to sit comfortably. It comes fully furnished and extremely well maintained. Sand Cay is a beautiful and immaculate Gulf-front beach resort with lush, tropical landscaping, tennis court, pool, shuffleboard, a barbecue area at the beach and its own private beach with lounge chairs and showers. This condo serves as a great investment since the association allows a three-night minimum stay and runs an on-site vacation rental management. Perfect investment. This unit has an amazing rental history with lots of repeat customers. The net operating income in 2018, even with 31 days of owner use, was $ 29,557 which yielded a 6.7 % cap rate. Excellent online reviews. No need to worry about the future: The whole building went through an extensive reconstruction. This included building anchoring, exterior walls, windows, doors, stairways, walkways and steel beams. The owner paid about $85,000 special assessment! Additionally, in 2016 a new metal roof was installed. In order to avoid special assessments in the future a big share of the condo fees feeds a reserve fund.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:4725 Gulf Of Mexico Drive #212 Longboat Key, FL 34228
Area:34228 - Longboat Key
County:Manatee
City:Longboat Key
Subdivision:Sand Cay A Condo
Zip Code:34228

Architecture

Unit Number:#212
Bedrooms: 2
Bathrooms: 2
Year Built:1974
Floors in the Unit / Home:1
Construction Type: Stucco
Construction Status: Completed
Flooring Types: Porcelain Tile
Roof: Metal
Foundation: Slab

Features / Amenities

Total Sq. Ft.:1071
Interior Features: Ceiling Fans(s), Window Treatments
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Furnished: Furnished
Exterior Features: Balcony, Tennis Court(s)
Pool: Community
OtherStructures: Tennis Court(s)
Parking: Assigned, Open
Heating And Fuel: Central, Electric
Air Conditioning: Central Air

Rooms

LevelSize
Living RoomFirst Level11x11
KitchenFirst Level8x8
Master BedroomFirst Level11x13
Bedroom 2First Level10x12

Property Features

Lot Size: 4.93 Acres / 214726 Sq. Ft.
Lot Location / Description: FloodZone, In City Limits, Level/Flat, Near Golf Course
Vegetation: Trees/Landscaped
Water Access: Gulf/Ocean
Water Frontage: Gulf/Ocean
Water View: Gulf/Ocean - Partial
Waterfront Feet: 100
Water Name: Gulf Of Mexico
Lot #: 212
View: Garden, Pool, Water
Additional Water Information: Private Beach
Flood Zone: VE
Features Utilities: Cable Available, Electricity Connected, Public
Sewer: Public Sewer
Water Source: Public
Zoning:T6
Directions:Gulf of Mexico Dr. approximately mid island on the Gulf side. Use North entrance and park in guest spaces.

Tax and Financial Info

Financing Available: Cash, Conventional
Taxes: 6440.00
Homestead: No
Realtor Info: Assoc approval required, Brochure Available, Foreign Seller, Lease Restrictions, Right of First Refusal, Short Term Rental Allowed
Minimum Lease: 1-7 Days
Square Foot Source: Public
HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Pest Control, Pool Maintenance, Recreational Facilities, Trash
Monthly Condo Fee Amount: $1,043
Pets Allowed: No

Schools

WALKING AND TRANSPORTATION

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4725 Gulf Of Mexico Drive #212 Longboat Key, FL 34228
 
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Listing Information Last Updated 12/10/2019
Listing provided courtesy of Premier Sothebys Intl Realty.
© 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at December 10, 2019 8:29:33 PM PST.

Property Summary:

Home for sale at .

Description: The property at 4725 Gulf Of Mexico Drive #212 Longboat Key, FL 34228 in the Sand Cay A Condo subdivision with the MLS# A4414979 is currently listed for $439,000 and has been on the market for 158 days.

GeoCoordinates:

27.399616
-82.649413

Listing Price: $439,000

You are viewing the MFRMLS listing details of the home for sale at 4725 Gulf Of Mexico Drive #212 Longboat Key, FL 34228, which features 2 bedrooms and 2 bathrooms, and 1071 sq.ft. of living area.