$775,000 ($558 per SQ/FT)
250 SANDS POINT ROAD, #5401, Longboat Key, FL, Florida 34228. Imagine enjoying resort living at its very best in this rarely available corner two bedroom "lock-out" penthouse residence with beautiful bay and golf course views in the island's most exclusive beach front resort. As an owner in the Longboat Key Club & Resort you also enjoy the many privileges of Key Club Membership with access to tennis courts, a gulf front pool, 54 holes of golf, a luxurious spa, fitness center and the finest dining on the island. Currently in the rental program, this remarkable residence is one of the very few "lock-outs" in the resort which essentially provides two rental units in one property producing a gross income in 2017 of $148,000. Plus as an owner opting to be part of the rental program you enjoy a maximum of 56 nights of owner usage, twice the amount of other units in the resort. This is a win-win for an investor who enjoys the many luxuries of a world class beach resort while earning an income along the way. This type of unit is one of the very few in the Resort and will provide some of the best returns on cash! An opportunity not to be missed. The remodeled rooms at the Inn on the Beach will be absolutely gorgeous and will rival the finest accommodations of the world's best hotels.
Listing courtesy of MICHAEL SAUNDERS & COMPANY