3740 Gulf Of Mexico Drive

    Longboat Key, FL 34228
    • $1,125,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: A4420667
    UPDATED: 14 min ago
    $1,125,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,255
      SQFT
    • $346
      $/SQFT
    Neighborhood:
    Type:
    Manufactured Home
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Simply, its Longboat Keys only 4-unit multi-family property. This direct waterfront rental has proven to be a true "hands off money maker in the past, at one-time netting over $80000/yr in gross receipts. The HOA maintains the grounds, the roof, all insurances, and is fully funded. Literally no differed maintenance to the owner, ever! It can be rented annually, seasonally, and even monthly. Boat slips are available for around $30/month if you and/or your tenants have one needing a space. A brand new community pool is scheduled to open in January. Tons of social events, deed beach access across the street, and the ability to live in one and profit from the rest. Attract grade-A tenants with this one of a kind opportunity.

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-15T10:40:36.623.
    www.mcconnellandassociatesrealty.com/homes/89874439

    3740 Gulf Of Mexico Drive Longboat Key, FL 34228

    • Price: $1,125,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: A4420667
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,255
    SQFT
    $346
    $/SQFT
    1950
    Built
    Neighborhood:
    Twin Shores Mobile Home
    County:
    Sarasota
    Area:
    Longboat Key
    Property Description
    Simply, its Longboat Keys only 4-unit multi-family property. This direct waterfront rental has proven to be a true "hands off money maker in the past, at one-time netting over $80000/yr in gross receipts. The HOA maintains the grounds, the roof, all insurances, and is fully funded. Literally no differed maintenance to the owner, ever! It can be rented annually, seasonally, and even monthly. Boat slips are available for around $30/month if you and/or your tenants have one needing a space. A brand new community pool is scheduled to open in January. Tons of social events, deed beach access across the street, and the ability to live in one and profit from the rest. Attract grade-A tenants with this one of a kind opportunity.
    Exterior Features

    Carport Yn No Construction Materials BlockStucco Exterior Features Other Lot Features Corner LotFloodzoneIn CountyStreet Paved Lot Size Dimensions 0 Parking Features AssignedGuestNone Patio And Porch Features DeckPatioPorch Pool Private Yn No Roof Shake View Water Water Access Bay/HarborMarina Water Access Yn Yes Water Body Name Buttonwood Bayou Water Extras Dock - Slip Deeded Off-Site Water Extras Yn Yes Water Frontage Feet Bay Harbor 50 Water Frontage Feet Marina 50 Water View Bay/Harbor - Partial Waterfront Features Bay/HarborMarina Waterfront Feet Total 100 Waterfront Yn Yes

    Interior Features

    Appliances None Cooling Wall/Window Unit(S) Fireplace Yn No Flooring Concrete Heating None Interior Features Other Levels One Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 0.00 Association Amenities DockLaundryMaintenanceMarina Association Fee 5024.00 Association Fee Frequency Quarterly Association Fee Requirement Required Cdd Yn No Community Features Pool Dpryn No Flood Zone Code Ae Garage Yn No Homestead Yn No Listing Terms Cash Monthly Hoa Amount 1674.67 New Construction Yn No Pets Allowed No Property Sub Type Quadruplex Realtor Info Docs AvailableLease RestrictionsNo SignSold As-Is Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Twin Shores Mobile Home Tax Annual Amount 10569 Tax Year 2018 Total Num Buildings 4 Utilities Electricity ConnectedPublic Zoning R6mx


    Listing information © 2018 Florida Regional MLS.
    Listing provided courtesy of Premier Sothebys Intl Realty.



    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-15T10:40:36.623.
     
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