Longboat Key, FL 34228,5841 GULF OF MEXICO DR #250

$727,000

Est. payment /mo

$650,000

11.8%
Est.Price: ?

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5841 GULF OF MEXICO DR #250 Longboat Key, FL 34228

1 Bed

1 Bath

508 SqFt

SOLD DATE : 05/09/2022

Key Details

Sold Price $727,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 508 sqft

Price per Sqft $1,431

Subdivision Silver Sands

MLS Listing ID A4524613

Sold Date 05/09/22

Bedrooms 1

Full Baths 1

Condo Fees $2,336

HOA Y/N No

Annual Recurring Fee 9344.0

Year Built 1972

Annual Tax Amount $6,834

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Your own slice of paradise. This waterfront, one-bedroom (sleeps four), turnkey, beautifully furnished residence offers spectacular views of the blue-green waters of the Gulf. As you open your doors, experience tropical breezes and relax to the soothing sounds of the waves. Not only have you found a superb Gulf retreat, but professional management, along with a liberal rental policy, offers the opportunity to enjoy income without fuss when not in use. In 2021, gross rental income exceeded $70,000 without the unit being rented for 60 days, while improvements were completed to the complex. This is one of only two units in the complex with direct Gulf views. Pride of ownership is displayed throughout this condominium. The owners have recently updated appliances (stainless steel), updated furnishings, refurbished the shower, and in 2020, replaced both the HVAC and water heater. The complex has also undergone its own facelift, including exterior painting, resurfacing of the pool and landscaping. This boutique Gulf complex offers a heated pool, outdoor grills, complimentary lounge chairs and umbrellas and putting green. At the end of your day, imagine sitting on your balcony and enjoying spectacular sunsets. Life doesn't get much better. HIGHEST and BEST. All offers must be received by 6 p.m. on Saturday February 12.

Location

State FL

County Manatee

Community Silver Sands

Area 34228 - Longboat Key

Zoning R-3MX

Interior

Interior Features Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets

Heating Electric

Cooling Central Air

Flooring Tile

Furnishings Furnished

Fireplace false

Appliance Dishwasher, Microwave, Range, Refrigerator

Exterior

Exterior Feature Balcony, Lighting, Outdoor Grill, Sliding Doors

Community Features Deed Restrictions, Pool, Water Access, Waterfront

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Available

Amenities Available Cable TV, Laundry, Maintenance, Pool

View Y/N 1

Water Access 1

Water Access Desc Beach - Public,Gulf/Ocean

View Water

Roof Type Metal

Garage false

Private Pool No

Building

Story 2

Entry Level One

Foundation Stilt/On Piling

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Unit Floor 2

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed No

HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Fidelity Bond,Insurance,Maintenance Structure,Maintenance Grounds,Pool,Recreational Facilities,Sewer,Trash,Water

Senior Community No

Ownership Fee Simple

Monthly Total Fees $778

Special Listing Condition None

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Stellar MLS
Listed by Keith Whitfield PREMIER SOTHEBYS INTL REALTY
Bought with Dennis Girard PREMIER SOTHEBYS INTL REALTY

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