Listing Details for MLS # A4622692
4725 Gulf Of Mexico Drive Unit 310, Longboat Key, Fl 34228

Residential Property - Condominium in Longboat Key

Listing Price: $985,000Days on Market: 31

Description of Property

Welcome to Sand Cay Beach Resort. Ideally located on the White sand shores of Longboat Key. A mid-key location generously brings all the area's amenities right to your fingertips. This beautiful community is one of very few on Longboat that offer Nightly Rentals (3 day Minimum). This property is currently enrolled in the On-site rental program and has generated over $82k for 2023. It is targeting similar numbers for 2024. Fantastic financial return is potential while providing multiple open weeks for personal owner use. Best of Both Worlds. This condo is unique to itself. There are features here beyond the Short Term Rental allowance that separate it from the pack. First you will notice the location with the community. It is an end unit on the top floor. This provides windows and light on all walls. Very Rare. Top floor location also grants a stunning Vaulted ceiling. This really opens up the living space. Finally the positioning of this condo provides a beautiful elongated sprawling view down through the Gardens and out to the Gulf. It's the perfect view to sit back on your private lanai and enjoy. Inside you'll find an open plan with all living spaces positioned around the kitchen. There is a family room that flows from the dining, both enjoy the high vaulted ceiling. There is also a second living space with sliders that lead to the spacious and beautiful lanai. This room is furnished with a pull out sofa, ideal for a little extra sleeping space when needed. The kitchen has upgraded solid wood bicarbonate cabinets, SS appliances and a stunning choice of granite stone for countertops. Down the hall, you will find great storage closets, with one being a lockable owner's closet. Both bathrooms have been renovated wiht tasteful upgrades. Both bedrooms have upgraded luxury vinyl flooring and crown molding. The guest bedroom is furnished with twin beds. The Primary bedroom is a spacious room with a beautifully built-in double closet, and an ensuite primary bathroom with a walk-in shower. The condo has impact-rated upgraded windows and sliders, a newer AC with an extended warranty, along with several recently purchased pieces of furnishings. The current owners have been astute professionals with this property. THe upkeep, improvements and rental management have been run first class from day one. Now, focusing on the community, when I say Resort, that is exactly what this complex is. Extremely well run managerially, financially and physically. (Milestone Reports/Sirs Reports in Hand and in Great Shape) This community is consistently making Paid For volunteered improvements. The roofs are in great shape, the amenities are great. There is assigned parking with open spaces and elevators to all levels. A Beautiful heated pool with a large deck space in the middle of a beautiful green garden space. Onsite CAM management and Rental Management make it so easy to help run this condo. Old school shuffleboard courts, a tennis court with a basketball hoop. A really great outdoor grill area down by the beach. And let's never forget the whole reason to buy this, The STUNNING Beach Front. Wide section of beach here in this Mid-Key LBK location. Loungers and chairs already provided on the Sand. Just a simple, owner/user friendly Beach Resort Conndo with Short Term Rental Allowance in excellent shape and ready to go. You should come see this one today while it last.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $982,690. This condominium is listed at about 100% of the average asking price. There are 17 2 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »