4725 Gulf Of Mexico Dr #212

$580,000, 2 Beds 2 Baths 1,071 Sqft

About This Property

GREAT INVESTMENT PROPERTY with a proven rental history. Sand Cay is a Gulf Front Beach Resort with its own private beach, Pool, shuffle board court, tennis court, gulf front beach chairs and has showers and a barbecue area at the beach. The property has beautiful landscaping, all buildings and the pool are bordered with palm trees and nighttime illumination. Sand Cay is one of only a few communities that are allowed to have rentals as few as a 3 night minimum and this unit is one of the most heavily rented units on the property, making it a great investment. This unit has a proven revenue history and has bookings into 2019. The property went through a massive reconstruction in 2008, with new building ground anchoring, new outer walls, new windows, doors, staircases, walkways, and new steel beams. New metal roofs and new walkway treads were installed in 2016. This beautiful uni has been completely renovated with no further investment necessary. It is turnkey fully furnished. There is a partial gulf view from the living room and balcony. Located on the second floor, this unit has a new kitchen, new Italian style tile flooring in all rooms with special floor sound damping. Big mirror door closets in all bedrooms, new showers, new AC last year. Great investment with heavy rentals every year with a gross income around $ 60,000 in 2017. 2018 already 90% booked. One of the best rented unit at Sand Cay with excellent reviews on VRBO.

Essential Information

MLS® #A4204674
Price$580,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,071
Acres0.00
Year Built1974
TypeResidential
Sub-TypeCondo
StatusActive

Community Information

Address4725 Gulf Of Mexico Dr #212
AreaLongboat Key
SubdivisionSand Cay A Condo
CityLongboat Key
CountyManatee County
StateFL
Zip Code34228

Amenities

GaragesNone
PoolHeated Pool, Gunite/Concrete

Utilities

Cable Connected, Public Utilities

Features

Buyer Approval Required, Elevators, Tennis Courts, Laundry Facility

View

Balcony, Garden View, Pool View

Interior

HeatingCentral, Fuel - Electric
CoolingCentral
Stories2nd Floor Multi-Story

Interior Features

Blinds/Shades, Smoke Alarm(s), Furnished

Appliances

Dishwasher, Disposal, Hot Water Electric, Microwave, Oven

Exterior

ExteriorStucco
Exterior FeaturesBalcony/Sun Deck
RoofMetal
FoundationSlab

Additional Information

Days on Market37
ZoningT6

Listing Details

OfficeExceptions Realty

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 21st, 2018 at 7:33pm EST.

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