Property Attributes
- MLS#C7491713
- TypeCondos
- CountyMANATEE
- CityLONGBOAT KEY
- AreaLongboat Key
- NeighborhoodCedars East Sec 1
- Zip34228
- StyleCondominium
- Year Built1988
- Taxes$ 8546
- Price$ 760,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1440
Data Source:
Stellar MLS
Property Description
EXCEPTIONAL LONGBOAT KEY TURNKEY INVESTMENT OPPORTUNITY. 14-DAY RENTAL PROPERTY. RESORT SETTING WALKING DISTANCE TO THE BEACH This is a rare chance for savvy investors to own a turnkey investment property with a proven track record and strong booking performance for 2024 and 2025. THIS MODERNIZED TOWNHOME IN LONGBOAT KEY HIGHLY DESIRED CEDAR EAST RESORT DELIVERS CONSISTENT RETURNS WITH A PROVEN MODEL FOR CAPITALIZING ON LONGBOAT KEY'S AFFLUENT VISTOR MARKET, WITH A SEAMLESS RENTAL SYSTEM BEHIND IT, THIS TOWNHOME IS POISED TO OUTPACE COMPARABLE INVESTMENTS FROM DAY ONE. The contemporary interior upgrades with comfortable furnishings, fully stocked elevate this rental far above comparable units, ensuring it continues outperforming and commanding top-dollar pricing with an established history of exceptional rental income, and direct Airbnb/VRBO booking integration, this property provides an effortless path to outstanding investment returns. FEATURING A 14-DAY BOOKING POLICY, SELDOM AVAILABLE IN THE MARKET, THIS OPPORTUNITY OFFERS THE POTENTIAL TO CAPTURE MAXIMUM OCCUPANCY AND OPTIMIZE RENTAL INCOME. THIS UNIQUE FEATURE SETS THIS PROPERTY APART, MAKING IT AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS LOOKING TO MAXIMIZE RENTAL INCOME AND CAPITALIZE ON LONGBOAT KEY HIGH DEMAND FOR SHORT AND LONG-TERM VACATION RENTALS. Cedars East provides the full-service amenities that create the luxury experience guests rave about and come back for - a jr Olympic-sized size swimming pool, bayside fishing, picturesque walkways and on-site restaurant, tennis courts, fitness center, restaurant, beach access, and more. This highly desired location maximizes earnings, putting you just a short walk from Longboat Key's world-famous beaches, dining, shopping, arts/cultural attractions, and St Armand’s Circle and Downtown. AS AN INVESTOR, YOU WANT PROPERTIES THAT WILL MAXIMIZE YOUR RETURNS - AND THIS BEAUTIFULLY FINISHED TOWNHOME IN CEDAR EAST DELIVERS The contemporary upgrades, coupled with the ability to self-manage, make this rental perfect for hands-on investors seeking maximized profits and complete control over their investment with optional on-site management available with a proven track record of generating outstanding rental incomes in this resort community, this townhome investment is poised to maximize your returns from day one.DON'T MISS THIS OPPORTUNITY, THIS ONE IS UNIQUE!
Price History | |
---|---|
4/25/2024 | Listed $760,000 |
General Features
Interior Features | Ceiling Fan(s),Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Central,Zoned |
Cooling | Central Air,Zoned |
Utilities | Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected |
Roof | Shingle |
Appliances | Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Washer |
Exterior Features | Balcony,Irrigation System,Lighting,Rain Gutters,Sidewalk,Sliding Doors |
Zoning | R3MX/PC |
Garage Spaces | 1 |
Association Fee Includes | Common Area Taxes,Community Pool,Insurance,Maintenance Grounds,Manager |
Patio/Porch Features | Covered,Front Porch,Porch,Rear Porch,Screened |
Pool Features | Heated,In Ground |
Security Features | Fire Sprinkler System,Smoke Detector(s) |
Construction Materials | Block,Cement Siding,Wood Frame |
Pets Allowed | Yes |
Year Built | 1988 |
View | Trees/Woods |
Levels | Three Or More |
Property SubType | Condominium |
Tax Year | 2024 |
Percent Ownership | Condominium |
Waterfront Features | Waterfront |
Community Features | Dock,Fishing,Water Access,Waterfront,Association Recreation - Lease,Buyer Approval Required,Deed Restrictions,Fitness Center,Pool,Sidewalks,Tennis Court(s) |
County | Manatee |
New Construction | No |
Property Type | Residential |
Association Amenities | Clubhouse,Maintenance,Pool,Recreation Facilities |
HOA / Comm Assn | Yes |
Attached Garage | Yes |
Subdivision Name | CEDARS EAST SEC 1 |
Facing Direction | South |
Garage Y/N | Yes |
Total Rooms | 6 |
Status | Active |
Directions | : From Gulf of Mexico Dr,turn East onto Companion Way,then Left onto Cedars Ct. Go Right of the circle to 660. |
City | LONGBOAT KEY |
Buyer Agent Compensation | 2.5% |
Senior Community Y/N | No |
MLS Area | 34228 - Longboat Key |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Cedars |
Listing Terms | Cash,Other |
Tax Annual Amount | 8546 |
Property Condition | Completed |
Public Remarks | EXCEPTIONAL LONGBOAT KEY TURNKEY INVESTMENT OPPORTUNITY. 14-DAY RENTAL PROPERTY. RESORT SETTING WALKING DISTANCE TO THE BEACH This is a rare chance for savvy investors to own a turnkey investment pro |
Lease Considered Y/N | Yes |
Days on Market | 1 |
Standard Status | Active |
Legal Description | UNIT 18 SEC ONE CEDARS EAST CONDO PI#79273.0380/5 |
Water Access Type | Intracoastal Waterway |
Pet Size Limit | Small (16-35 Lbs.) |
Minimum Lease | 2 Weeks |
Water Access Y/N | Yes |
Monthly Condo Fee Amount | 816 |
Water View Y/N | No |
Interior Features
Flooring | Carpet,Laminate,Tile |
---|---|
Furnished Y/N | Turnkey |
Total Stories | 3 |
Common Walls | End Unit |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 2 |
Street Suffix | COURT |
Laundry Features | In Garage |
Total Bedrooms | 2 |
LivingAreaSource | Public Records |
Total Baths | 2 |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Driveway,Garage Door Opener,Ground Level,Oversized |
---|---|
Water Source | Public |
Foundation Details | Slab |
Building Area Total | 2268 |
Road Surface Type | Asphalt |
Covered Spaces | 1 |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool