Annick Mottie - Coldwell Banker Ackley
3740 Gulf Of Mexico Drive
LONGBOAT KEY, FL 34228

$1,125,000

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.

Details

MLS#A4420667
Sub-TypeResale
StatusActive
Year1950
Days On Site5

Features

SQ Feet3,255
Units4
Building(s)4
Water FrontYes
Property ViewYes

Market Activity 34228

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Area Information

StateFL
CountySarasota
CityLONGBOAT KEY
Zip Code34228
Area34228 - Longboat Key
Listing VS Median (in 34228)
Price:
$1,125,000
low | high
Med:
$379,000
100% of Average
SqFt:
3,255
low | high
Med:
992
100% of Average
$ / SqFt:
$346
low | high
Med:
$382
39.458333333333% of Average
On Site:
5
low | high
Med:
13
38.461538461538% of Average
Listing Updated: 12/07/2018
MLS Number: A4420667
Listing Provided By:
Jason Skowronski  of  PREMIER SOTHEBYS INTL REALTY

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