$725,000
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 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.
Listed by Matthew Hickey, .
Property Highlights
- Property Type: Multi Family
- MLS #: A4621309
Property Features
| Has View | Yes |
| Interior Square Footage | 928 |
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