Longboat Key, FL 34228,5841 GULF OF MEXICO DR #257
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Longboat Key, FL 34228,5841 GULF OF MEXICO DR #257
Longboat Key, FL 34228,5841 GULF OF MEXICO DR #257
Longboat Key, FL 34228,5841 GULF OF MEXICO DR #257
Longboat Key, FL 34228,5841 GULF OF MEXICO DR #257

$464,900

Est. payment /mo

$464,900

Est.Price: ?

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5841 GULF OF MEXICO DR #257 Longboat Key, FL 34228

2 Beds

2 Baths

760 SqFt

SOLD DATE : 02/26/2024

Key Details

Sold Price $464,900

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 760 sqft

Price per Sqft $611

Subdivision Silver Sands Condo

MLS Listing ID A3936074

Sold Date 02/26/24

Bedrooms 2

Full Baths 2

HOA Fees $575/qua

HOA Y/N Yes

Originating Board Stellar MLS

Year Built 1972

Annual Tax Amount $4,187

Lot Size 1.660 Acres

Acres 1.66

Property Description

Silver Sands Gulf Beach Resort, located on exclusive Longboat Key, Florida, is a tropical beachfront resort just off the coast of Sarasota that offers both couples and families the perfect island getaway with spacious all-suite accommodations. This groundfloor unit overlooks the pool and has full gulf-front views. With two full bedrooms, two full bathrooms, a kitchen and a separate kitchenette, this unit offers a variety of possibilities! This unit was completely renovated in 2005, including plumbing and electrical updates. Just imagine having a morning cup of coffee, or an evening glass of wine on your tropical lanai. Walk a few short steps out onto the beach and find yourself immersed in private, gulf front tranquility. Furniture package is included. Rarely available income opportunity exists here with a full-time, on-site, world-class management company that can rent your unit(s) daily, weekly, or monthly. This unit has the ability to be rented as a two-bedroom/two bathroom unit, a one bedroom/one bathroom unit, or a hotel room. This maximizes your income producing potential like no others! This is truly a "plug and play" situation for the vacation/second-home investor. Leave your worries and enjoy your beach home that pays you back while your away! Phenomenal rental income makes these gulf front units cash flow nicely. This unit had gross income of nearly $47,000 in 2009!!! 2010 numbers available as well.

Location

State FL

County Manatee

Community Silver Sands Condo

Zoning R3MX

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Furnished

Fireplace false

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator

Exterior

Exterior Feature Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors

Garage None

Community Features Buyer Approval Required, Deed Restrictions, Pool, Waterfront Complex

Utilities Available Cable Connected, Electricity Connected

Amenities Available Maintenance, Shuffleboard Court

Waterfront true

Waterfront Description Beach Front,Gulf/Ocean

View Y/N 1

Water Access 1

Water Access Desc Beach,Gulf/Ocean

View Pool, Water

Roof Type Metal

Garage false

Private Pool No

Building

Lot Description CoastalConstruction Control Line, FloodZone, City Limits, Near Public Transit, Zero Lot Line

Story 2

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Architectural Style Key West

Structure Type Block

New Construction false

Others

Pets Allowed Yes

HOA Fee Include Cable TV,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Recreational Facilities,Sewer,Trash,Water

Ownership Condominium

Monthly Total Fees $575

Membership Fee Required Required

Special Listing Condition None

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Stellar MLS
Listed by KELLER WILLIAMS ON THE WATER

Ruth Laurent

Real Estate Advisor | License ID: SL3405732

+1(978) 314-6104

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