2045 Gulf Of Mexico Drive, Unit M1214

Longboat Key, FL 34228

$725,000
Price
Beds
928 Sq. Ft.
$781 / Sq. Ft.
928
Sq. Ft.
$781
per Sq. Ft.

Description

Discover a lucrative investment opportunity at 2045 Gulf of Mexico Dr #214, ideally situated walking distance to the prestigious St. Regis hotel and resort. This spacious condo offers prime rental income potential, with rents at Seaplace ranging from $4,000 during the off-season to up to $10,000 per month in-season. Enjoy the flexibility of using the property part of the year while potentially generating enough income to cover all your yearly costs. Additionally, Longboat Key real estate has a history...Discover a lucrative investment opportunity at 2045 Gulf of Mexico Dr #214, ideally situated walking distance to the prestigious St. Regis hotel and resort. This spacious condo offers prime rental income potential, with rents at Seaplace ranging from $4,000 during the off-season to up to $10,000 per month in-season. Enjoy the flexibility of using the property part of the year while potentially generating enough income to cover all your yearly costs. Additionally, Longboat Key real estate has a history of consistent annual appreciation, making this an even more compelling investment. Investors can capitalize on the high demand for luxury accommodations in this exclusive beachfront community. Buyer must conduct their own due diligence on income expectations. Don’t miss out on this chance to own a profitable piece of Longboat Key’s premier real estate Current lease in place Jan 1, 2025 through Aril 30, 2025. Property features new impact sliders and window, providing security and efficiency. Roof replaced in 2022, A/C was replaced July 2023 and the water heater in 2014.
  1. Listed by Matthew Hickey • LIVING VOGUE LLC

Property Details for 2045 Gulf Of Mexico Drive, Unit M1214

Subdivision Name
SEAPLACE
Township
36
View
Trees/Woods, Water
Waterfront
No
Water View
Gulf/Ocean - Partial
LISTING UPDATED: 12/03/2024 09:25 AM

Property Details for 2045 Gulf Of Mexico Drive, Unit M1214

StatusActive
MLS #A4621309
Days on Market36
Taxes$8,342 / year
HOA Fees$4,093 / quarter
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1974
Lot Size0.00 AC / 0 SF
CountySarasota County

Building Information for 2045 Gulf Of Mexico Drive, Unit M1214

Stories-Residences50Year Built1974Building Size-Lot Size0.00 AC / 0 SF

Property Information for 2045 Gulf Of Mexico Drive, Unit M1214

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1040.0
  • Building Area Units: Square Feet
  • Building Name Number: SEAPLACE M1
  • Community Features: Clubhouse, Fitness, Gated Community - Guard, Pool, Sidewalk, Tennis Courts
  • Directions: Traveling south on Longboat Key, go north on Gulf of Mexico Dr. Seaplace is located on the west side of Gulf of Mexico Dr. on LBK. Once through guard gate, turn right and go all the way down to the building which is marked 2055. Park in a guest space. Unit 214 is on the 2nd floor on the south end of the building.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Seaplace
  • Unit Number: No
  • Street Number: 2045
  • Street Name: GULF OF MEXICO
  • Street Suffix: DRIVE
  • Unit Number: M1-214
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Assigned, Guest
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Requirement: Required
  • Association Name: Seaplace Association/ Wendy Chichowski
  • Association Phone: 941-383-5568
  • Association: Yes
  • CDD: No
  • Tax Book Number: 1062-357
  • Tax Legal Description: UNIT 214 BLDG M-1 SEAPLACE II
  • Tax Lot: 214
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Near Marina, Sidewalk
  • Parcel Number: 0008111029
  • Total Acreage: Non-Applicable
  • Total Num Buildings: 1
  • Water Access: Gulf/Ocean
  • Water Access: Yes
  • Water Extras: No
  • Zoning: R6MX
  • Living Area: 928
Property and Assessments
  • Year Built Numeric: 1974
  • Flood Zone Code: AE
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0126G
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 17
  • Dock YN: No
Utilities
  • Green Energy Efficient: Windows
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Enclosed, Screened
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Tile
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
  • Laundry Features: In Kitchen
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 2045 Gulf Of Mexico Drive, Unit M1214

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2045 Gulf Of Mexico Drive, Unit M1214

Taxable ValueLand-Additions$597,100Total-
Tax Record2023$8,342 ($695 / month)
Home Facts
Beds2Baths2Total Finished SqFt928 SqFtAbove Grade Finished SqFt928 SqFtStories1StyleCondominiumYear Built1974Year Renovated2009ZoningR6MXCountySARASOTAAPN0008-11-1029

Schools near 2045 Gulf Of Mexico Drive, Unit M1214

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 6 to 12
Public - K to 5
Rating
School
Distance
Southside Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Sarasota Military Academy
Charter6 to 12

Bay Haven School Of Basics Plus
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2045 Gulf Of Mexico Drive, Unit M1214 is a multi-family home for sale in Longboat Key, FL 34228. This property was listed for sale on August 24, 2024 by LIVING VOGUE LLC, it's currently listed at $725,000. It has been on the market for a total of 36 days and was last sold on September 14, 2021. This listing's school district is Sarasota. Nearby schools include Southside Elementary School, Booker Middle School and Sarasota Military Academy. 2045 Gulf Of Mexico Drive, Unit M1214 is a 0-bed, 0-bath, 928 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LIVING VOGUE LLC, Matthew Hickey

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.