Earn great rental income with this ocean-front condominium while enjoying the aqua blue waters and white sand of Longboat Key. This unit produced more than $46,000 in income over the past 12 months and high season is right around the corner! It can be rented as a two bedroom condo or two separate units (243A and 243B). As the new owner, you can use this exceptional condominium when you like, or decide to rent it out through the on-site rental management company. It is truly the best of both worlds! This Gulf front complex also has a heated pool, beach chairs and umbrellas, a mini putting green, shuffleboard, pool-side grills, plus WiFi. The gulf-side pool is just steps away from the gorgeous white-sand beach. Full rental income and expense statements are available upon request. Buyer should verify all rental income and expenses.
Off market
$529,700
5841 Gulf Of Mexico Dr #243, Longboat Key, FL 34228
2beds
760sqft
Condominium
Built in 1972
-- sqft lot
$529,700 Zestimate®
$697/sqft
$3,168 Estimated rent
Owner options
What's special
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Refrigerator
Features
- Ceiling Fans(s)
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 760 sqft
Property
Parking
- Parking features: Open
Features
- Levels: One
- Exterior features: Stone, Brick
- Pool features: Heated, In Ground
- Has view: Yes
- View description: Territorial
- Waterfront features: Beach - Private
Details
- Parcel number: 8005201059
- Zoning: RMF
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Condominium
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Longboat Key
- Subdivision: SILVER SANDS A CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $745 monthly
- Services included: Cable TV
Other
Other facts
- Additional Parcels YN: 0
- Appliances: Dishwasher, Disposal, Electric Water Heater, Refrigerator
- Association Approval Required YN: 0
- Association Fee Requirement: Required
- Available For Lease YN: 1
- Construction Materials: Block
- Cooling: Central Air, Mini-Split Unit(s)
- Country: US
- DPRYN: 1
- Fireplace YN: 0
- Flooring: Ceramic Tile
- Foundation Details: Slab
- Heating: Central
- Interior Features: Ceiling Fans(s)
- Homestead YN: 0
- Listing Service: Full Service
- Listing Terms: Cash, Conventional
- Major Change Type: Pending
- Mls Status: Pending
- New Construction YN: 0
- Public Survey Range: 16
- Previous Status: Active
- Property Type: Residential
- Sewer: Public Sewer
- Syndicate To: Homes.com, HomeSnap, Realtor.com, Zillow/Trulia, International MLS
- Water Extras YN: 0
- Water Source: Public
- Water View YN: 0
- Association Fee Frequency: Quarterly
- Lease Restrictions YN: 1
- Pool Features: Heated, In Ground
- Pool Private YN: 1
- Association Fee Includes: Cable TV
- Public Survey Section: 26
- Exterior Features: Balcony
- Levels: One
- List Agent AOR: Sarasota - Manatee
- List AOR: Sarasota - Manatee
- Roof: Metal
- Ownership: Condominium
- Garage YN: 0
- Property Sub Type: Condominium
- Utilities: Cable Connected
- Water Access YN: 1
- Waterfront YN: 1
- Condo Land Included YN: 0
- Flood Zone Code: AE
- Building Elevator YN: 0
- Community Features: Fishing
- Minimum Lease: 1-7 Days
- Floor Number: 1
- Room Count: 5
- County Or Parish: Manatee
- Direction Faces: West
- Stories Total: 1
- Year Built: 1972
- Furnished: Furnished
- Pets Allowed: No
- Flood Zone Date: 2014-03-17
- Additional Lease Restrictions: See condo docs
- Condo Fees Term: Quarterly
- Water Access: Beach - Public, Beach - Private, Beach - Access Deeded
- MLS Area Major: 34228 - Longboat Key
- Waterfront Features: Beach - Private
- Zoning: RMF
- Property Description: Studio/Efficiency
- Living Area: 760.00
- Building Name Number: SILVER SANDS
- Waterfront Feet Total: 348
- Subdivision Name: SILVER SANDS A CONDO
- Monthly Condo Fee Amount: 745
- Flood Zone Panel: 12081C0291E
- Water Frontage Feet Gulf Ocean: 174
- Condo Fees: 2235
- Tax Year: 2020
- Association Name: Reid
- Water Frontage Feet Beach Prvt: 174
- Tax Annual Amount: 5862.17
- Listing terms: Cash, Conventional
- Ownership: Condominium
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Estimated market value
$529,700