2045 Gulf Of Mexico Drive, Unit M1214
$725,000
—
928
928
$781
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.
- Listed by Matthew Hickey • LIVING VOGUE LLC
Property Details for 2045 Gulf Of Mexico Drive, Unit M1214
Subdivision Name
SEAPLACE
Township36
ViewTrees/Woods, Water
WaterfrontNo
Water ViewGulf/Ocean - Partial
LISTING UPDATED: 12/03/2024 09:25 AM
Property Details for 2045 Gulf Of Mexico Drive, Unit M1214
Status | Active |
---|---|
MLS # | A4621309 |
Days on Market | 36 |
Taxes | $8,342 / year |
HOA Fees | $4,093 / quarter |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1974 |
Lot Size | 0.00 AC / 0 SF |
County | Sarasota 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
Property History for 2045 Gulf Of Mexico Drive, Unit M1214
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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.