$775,000 ($751 per SQ/FT)
4725 GULF OF MEXICO DRIVE, #117, Longboat Key, FL, Florida 34228. Paradise found! Breathtaking views are yours from this rarely available direct gulf front first floor unit at Sand Cay, one of the most popular vacation resorts on Longboat Key offering owners unrestricted access while taking advantage of the short term 3 day minimum rental policy. In fact for just the first six months of 2019, this particular unit has garnered in excess of $41,000 in rental income! And unlike other rental properties on the island which charge between 20 & 25% rental commission, Sand Cay, which has an on site rental office, charges only 15-18% commission, increasing the owners bottom line. Sand Cay went through a resort wide refurbishment in 2008 and this unit was tastefully upgraded in 2013 and is being sold turnkey furnished. Sand Cay offers 340' of beautiful gulf frontage, heated pool, tennis, basketball, shuffleboard and beach side bbq area. This particular home offers mesmerizing water and sunset views not only from its paver brick patio but also from the living room and family room, making this unit one of the most highly requested condos at Sand Cay. Zota Beach Resort is next door and the shops and eateries of Longboat Key and St. Armands Circle are just minutes away and the famed arts & culture of Sarasota are just across the Ringling bridge.
Listing courtesy of MICHAEL SAUNDERS & COMPANY