Active

$639,000

Features:
  • 2 Bedrooms
  • 3 Bathrooms
  • 1440 sq ft
Overview
  • ID: MFRA4665172
  • Bedrooms: 2
  • Bathrooms: 3
  • Size: 1440 sq ft
Property Details
Remarks
Income-Producing Coastal Gem – This TURNKEY FURNISHED 2BR/2.5BA townhome in the exclusive Cedars East Tennis Resort isn’t just a slice of paradise—it’s a proven performer. With $90,000 in past annual rental income and future bookings already secured, this property offers immediate cash flow and long-term upside. Inside, enjoy 1,440 sq ft of updated living space featuring a gourmet kitchen with granite countertops, spa-inspired bathrooms, and a private oversized garage. Spacious, bright primary suite include 2 separate vanities in the ensuite bathroom. Laundry on the top bedroom floor for added convenience. The open layout and tasteful coastal décor make it ideal for guests and owners alike. Turnkey Investment Highlights: Strong rental history with $90K+ annual income, Future bookings in place for seamless transition. Resort like amenities include: 10 Har-Tru Tennis Courts, Heated Jr. Olympic Pool,24-Hour Fitness Center, Bay Access with Kayak Launch, Private Fishing Pier, and Scenic Boardwalks through Mangroves. Prime Location: Minutes from Longboat Key beaches, St. Armands Circle, downtown Sarasota, and Anna Maria Island. Whether you're expanding your portfolio or seeking a personal retreat with income potential, this Longboat Key treasure delivers lifestyle and ROI. *NO Flood Damage
Financial Considerations
Price:
$639,000
HOA Fee:
0
Tax Amount:
$8510
Price per SqFt:
$443.75
Tax Legal Description:
UNIT 34 CEDARS EAST CONDO SEC THREE PI#79273.0745/9
Exterior Features
Lot Size:
135921
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Townhouse
Style:
N/A
Year Built:
1991
Construction Type:
HardiPlank Type
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Sliding Doors
Additional Features 2:
See attached Condominium Bylaws and FAQ. Board approval if tenant more than 2 years
Map
  • Address
    847 EVERGREEN WAY
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