Residential Property - Condominium in Longboat Key
Listing Price: $760,000 (Mortgage Calculator →)
Description of Property
EXCEPTIONAL LONGBOAT KEY TURNKEY INVESTMENT OPPORTUNITY. 14-DAY RENTAL PROPERTY. RESORT SETTING WALKING DISTANCE TO THE BEACH This is a rare chance for savvy investors to own a turnkey investment property with a proven track record and strong booking performance for 2024 and 2025. THIS MODERNIZED TOWNHOME IN LONGBOAT KEY HIGHLY DESIRED CEDAR EAST RESORT DELIVERS CONSISTENT RETURNS WITH A PROVEN MODEL FOR CAPITALIZING ON LONGBOAT KEY'S AFFLUENT VISTOR MARKET, WITH A SEAMLESS RENTAL SYSTEM BEHIND IT, THIS TOWNHOME IS POISED TO OUTPACE COMPARABLE INVESTMENTS FROM DAY ONE. The contemporary interior upgrades with comfortable furnishings, fully stocked elevate this rental far above comparable units, ensuring it continues outperforming and commanding top-dollar pricing with an established history of exceptional rental income, and direct Airbnb/VRBO booking integration, this property provides an effortless path to outstanding investment returns. FEATURING A 14-DAY BOOKING POLICY, SELDOM AVAILABLE IN THE MARKET, THIS OPPORTUNITY OFFERS THE POTENTIAL TO CAPTURE MAXIMUM OCCUPANCY AND OPTIMIZE RENTAL INCOME. THIS UNIQUE FEATURE SETS THIS PROPERTY APART, MAKING IT AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS LOOKING TO MAXIMIZE RENTAL INCOME AND CAPITALIZE ON LONGBOAT KEY HIGH DEMAND FOR SHORT AND LONG-TERM VACATION RENTALS. Cedars East provides the full-service amenities that create the luxury experience guests rave about and come back for - a jr Olympic-sized size swimming pool, bayside fishing, picturesque walkways and on-site restaurant, tennis courts, fitness center, restaurant, beach access, and more. This highly desired location maximizes earnings, putting you just a short walk from Longboat Key's world-famous beaches, dining, shopping, arts/cultural attractions, and St Armand’s Circle and Downtown. AS AN INVESTOR, YOU WANT PROPERTIES THAT WILL MAXIMIZE YOUR RETURNS - AND THIS BEAUTIFULLY FINISHED TOWNHOME IN CEDAR EAST DELIVERS The contemporary upgrades, coupled with the ability to self-manage, make this rental perfect for hands-on investors seeking maximized profits and complete control over their investment with optional on-site management available with a proven track record of generating outstanding rental incomes in this resort community, this townhome investment is poised to maximize your returns from day one.DON'T MISS THIS OPPORTUNITY, THIS ONE IS UNIQUE!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Manatee
Subdivision: Cedars East Sec 1
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 2,268
Sq. Ft. Living Area: 1,440
Cost per (heated) sqare foot: $528
Year built: 1988
Annual Tax: $8,546
Condo Fee: $2,449 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Common Area Taxes
- Community Pool
- Insurance
- Maintenance Grounds
- Manager
Interior Features:
- Ceiling Fan(s)
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Open Floorplan
- Solid Surface Counters
- Solid Wood Cabinets
- Split Bedroom
- Stone Counters
- Window Treatments
Appliances:
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Exhaust Fan
- Microwave
- Washer
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
- Carpet
- Laminate
- Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features: Heated, In Ground
Spa Features:
Water Frontage: Waterfront
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water View:
Exterior & Construction
Architectural Style:
- Block
- Cement Siding
- Wood Frame
Foundation: Slab
Roof: Shingle
- Balcony
- Irrigation System
- Lighting
- Rain Gutters
- Sidewalk
- Sliding Doors
Garage: Yes
Garage Spaces: 1
- Driveway
- Garage Door Opener
- Ground Level
- Oversized
Floors Total: 3
Floors in Unit: Three Or More
Cooling: Central Air, Zoned
Heating & Fuel: Central, Zoned
Electric:
Patio & Porch Features:
- Covered
- Front Porch
- Porch
- Rear Porch
- Screened
Security Features: Fire Sprinkler System, Smoke Detector(s)
Other Structures:
View: Trees/Woods
Fencing:
Utilities:
- Cable Available
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Dock
- Fishing
- Water Access
- Waterfront
- Association Recreation - Lease
- Buyer Approval Required
- Deed Restrictions
- Fitness Center
- Pool
- Sidewalks
- Tennis Court(s)
Association Amenities:
- Clubhouse
- Maintenance
- Pool
- Recreation Facilities
Lot Information
Lot Features:
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Other
Parcel Number: 7927303805
Zoning: R3MX/PC
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 18 SEC ONE CEDARS EAST CONDO PI#79273.0380/5
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.