With a average of $40,0000 rental income, this Gulf side condominium may very well pay for itself. Earn income or use this exceptional condominium when you like, renting it out with an on-site rental management company when not owner occupied. This unit is one of the rare condominiums on Longboat Key that can be rented nightly. This second floor, one bedroom, one bath fully furnished condo also has a large screened-in lanai. This Gulf front complex of 26 units has a heated pool, beach chairs and umbrellas, a mini putting green, shuffleboard, pool-side grills, plus WiFi in the units and on the grounds. The oversize pool is just steps away from the gorgeous sandy beach and the aqua-blue waters of the Gulf of Mexico. Full rental income and expense statements are available upon request. Buyer should verify all rental income and expenses. There is an on-site rental management office operated daily from 9 AM to 5 PM.
Off market
$426,000
5841 Gulf Of Mexico Dr #258, Longboat Key, FL 34228
1beds
520sqft
Condo - Hotel
Built in 1972
313 Square Feet Lot
$426,000 Zestimate®
$819/sqft
$2,098 Estimated rent
Owner options
What's special
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Ceiling Fans(s), Crown Molding, Solid Wood Cabinets, Solid Surface Counters
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 520 sqft
Property
Parking
- Parking features: Open
Features
- Levels: One
- Exterior features: Other
- Pool features: Heated, In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach - Private
- Body of water: GULF OF MEXICO
Lot
- Size: 313 sqft
Details
- Parcel number: 8005201809
- Zoning: RSF2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Condo - Hotel
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Longboat Key
- Subdivision: SILVER SANDS A CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $745 monthly
Other
Other facts
- Additional Parcels YN: 0
- Appliances: Dishwasher, Disposal, Range, Refrigerator, Microwave, Range Hood
- Association Approval Required YN: 0
- Association Fee Requirement: Required
- Available For Lease YN: 1
- Construction Materials: Block, Stucco
- Cooling: Central Air
- Country: US
- DPRYN: 1
- Exist Lse Tenant YN: 0
- Fireplace YN: 0
- Flooring: Ceramic Tile
- Foundation Details: Slab
- Direction Faces: South
- Heating: Central
- Exterior Features: Irrigation System, Balcony
- Interior Features: Ceiling Fans(s), Crown Molding, Solid Wood Cabinets, Solid Surface Counters
- Lease Restrictions YN: 0
- Homestead YN: 0
- Listing Service: Full Service
- Major Change Type: Pending
- Mls Status: Pending
- New Construction YN: 0
- Ownership: Fee Simple
- Utilities: Electricity Connected, Cable Connected
- Previous Status: Active
- Property Type: Residential
- Sewer: Public Sewer
- Syndicate To: Homes.com, HomeSnap, Realtor.com, Zillow/Trulia
- Water Extras YN: 0
- Water Source: Public
- Association Fee Frequency: Quarterly
- Pool Features: Heated, In Ground
- Pool Private YN: 1
- Public Survey Section: 26
- Condo Fees: 0
- Levels: One
- Water View YN: 1
- List Agent AOR: Sarasota - Manatee
- List AOR: Sarasota - Manatee
- Roof: Metal
- Monthly Condo Fee Amount: 0
- Floor Number: 2
- Garage YN: 0
- Water Access YN: 1
- Waterfront YN: 1
- Water View: Gulf/Ocean - Full
- Tax Year: 2019
- Flood Zone Code: AE
- Room Count: 4
- Total Acreage: Non-Applicable
- Building Elevator YN: 0
- Community Features: Fishing
- Minimum Lease: 1-7 Days
- County Or Parish: Manatee
- Zoning: RSF2
- Stories Total: 1
- Year Built: 1972
- Pets Allowed: No
- Condo Fees Term: Quarterly
- Water Body Name: GULF OF MEXICO
- Property Sub Type: Condo - Hotel
- Public Survey Range: 16E
- Water Access: Beach - Private
- MLS Area Major: 34228 - Longboat Key
- Waterfront Features: Beach - Private
- Waterfront Feet Total: 160
- Living Area: 520.00
- Association Fee: 2235.00
- Subdivision Name: SILVER SANDS A CONDO
- Water Frontage Feet Beach Prvt: 160
- Association Name: Sandy Ellis
- Tax Annual Amount: 5460.56
- Ownership: Fee Simple
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Estimated market value
$426,000