Top income producing condo at the Sand Cay beach resort! Investors paradise with 12% gross rent ROI. Over $71K in net income in 2017. This unit pays for itself or your mortgage to own. #1 in occupancy and the most requested unit, mostly recurring guests who have stayed at other locations on LBK and Sand Cay, because of the privacy of the patio and the extensive high end upgrades and amenities furnished by the owners who have spared no expense to bring this condo to the highest standards possible! Read the reviews for yourself on VRBO! This is a direct beach/gulf front condo! Sand Cay is a 60 unit complex with heated pool and tennis courts. On site rental office open 7 days a week for your peace of mind. Enjoy this condo as your vacation getaway and rent it out when not in use for great income! Channel Manager hired by the resort to maximize rental income going forward. This is a very rare opportunity to own the best of the best at Sand Cay beach resort! All the work and effort has already been done for you! 100K rental income possible in 2018 depending on owner usage. Season already booked for 2019.
Off market
$872,100
4725 Gulf Of Mexico Dr #119, Longboat Key, FL 34228
2beds
1,032sqft
Condo
Built in 1974
-- sqft lot
$872,100 Zestimate®
$845/sqft
$933/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Inside Utility, Solid Wood Cabinets, Solid Stone Counters, Blinds/Shades
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 1,032 sqft
Property
Features
- Exterior features: Stucco
- Pool features: Heated Pool, Gunite/Concrete, In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 8008801006
Construction
Type & style
- Home type: Condo
Materials
- Frame
- Roof: Built-up
Condition
- Year built: 1974
Utilities & green energy
- Utilities for property: Public Sewer, City Water
Community & neighborhood
Location
- Region: Longboat Key
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $933 monthly
Other
Other facts
- Community Features: Security, Buyer Approval Required, Maintenance Free
- Exterior Construction: Block
- Financing Available: Cash, Conventional
- Foundation: Slab
- Heatingand Fuel: Central
- HOA Common Assn: Required
- HOA Payment Schedule: Quarterly
- Interior Features: Inside Utility, Solid Wood Cabinets, Solid Stone Counters, Blinds/Shades
- Listing Type: Exclusive Right to Sell
- Maintenance Includes: Ground Maintenance, Pest Control, Community Pool, Building Exterior, Maintenance/Repairs, Manager, Escrow Reserves Fund, Roof, Insurance Building, Flood Insurance
- Ownership: Fee Simple
- Pool: Community
- Property Type: Residential
- Roof: Shingle
- Status: Active
- Utilities: Public Sewer, City Water
- Special Listing Type: Not Applicable
- Square Foot Source: Public Records
- Garage Features: Assigned Parking, Guest Parking
- Last Change Type: New Listing
- Property Description: Ground Floor Unit
- Showing Time: Set Appointment
- Last Status: Incomplete
- Water Access: Beach - Private, Gulf/Ocean
- Office Primary Board ID: Venice
- Minimum Lease: 1 Week
- Pool Features: Heated Pool, Gunite/Concrete, In Ground
- Ownership: Fee Simple
Services availability

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Estimated market value
$872,100