5841 Gulf Of Mexico Dr. #250, Longboat Key, FL 34228

5841 Gulf Of Mexico Dr. #250, Longboat Key, FL 34228
Photo 1 of 32
$727,000
Sold on 5/09/22
Beds Baths Sq. Ft. Taxes Built
1 1.0 508 $6,835 1972
On the market: 89 days
View full details, 15 photos, school info, and price history
Your own slice of paradise. This waterfront, one-bedroom (sleeps four), turnkey, beautifully furnished residence offers spectacular views of the blue-green waters of the Gulf. As you open your doors, experience tropical breezes and relax to the soothing sounds of the waves. Not only have you found a superb Gulf retreat, but professional management, along with a liberal rental policy, offers the opportunity to enjoy income without fuss when not in use. In 2021, gross rental income exceeded $70,000 without the unit being rented for 60 days, while improvements were completed to the complex. This is one of only two units in the complex with direct Gulf views. Pride of ownership is displayed throughout this condominium. The owners have recently updated appliances (stainless steel), updated furnishings, refurbished the shower, and in 2020, replaced both the HVAC and water heater. The complex has also undergone its own facelift, including exterior painting, resurfacing of the pool and landscaping. This boutique Gulf complex offers a heated pool, outdoor grills, complimentary lounge chairs and umbrellas and putting green. At the end of your day, imagine sitting on your balcony and enjoying spectacular sunsets. Life doesn't get much better. HIGHEST and BEST. All offers must be received by 6 p.m. on Saturday February 12.
Listing courtesy of Keith Whitfield & Sharon Whitfield, LLC, PREMIER SOTHEBYS INTL REALTY & PREMIER SOTHEBYS INTL REALTY