Active

$725,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 928 sq ft
Overview
  • ID: MFRA4621309
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 928 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$725,000
HOA Fee:
4093
Tax Amount:
$8342
Price per SqFt:
$781.25
Tax Legal Description:
UNIT 214 BLDG M-1 SEAPLACE II
Exterior Features
Lot Size:
0
Lot Features:
Near Golf Course, Near Marina, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Guest
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Laminate
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1974
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
See association documents.
Map
  • Address
    2045 GULF OF MEXICO DR #M1-214
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