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Longboat Key,FL 34228
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $500
Subdivision Cedars East Sec 1
MLS Listing ID C7491713
Bedrooms 2
Full Baths 2
Condo Fees $2,449
Construction Status Other Contract Contingencies
HOA Y/N No
Originating Board Stellar MLS
Year Built 1988
Annual Tax Amount $8,546
Property Description
Under contract-accepting backup offers. 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. With a 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!
Location
State FL
County Manatee
Community Cedars East Sec 1
Zoning R3MX/PC
Interior
Interior Features Ceiling Fans(s),Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Window Treatments
Heating Central,Zoned
Cooling Central Air,Zoned
Flooring Carpet,Laminate,Tile
Furnishings Turnkey
Fireplace false
Appliance Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Washer
Laundry In Garage
Exterior
Exterior Feature Balcony,Irrigation System,Lighting,Rain Gutters,Sidewalk,Sliding Doors
Garage Driveway,Garage Door Opener,Ground Level,Oversized
Garage Spaces 1.0
Pool Heated,In Ground
Community Features Association Recreation - Lease,Buyer Approval Required,Deed Restrictions,Fitness Center,Pool,Sidewalks,Tennis Courts
Utilities Available Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected
Amenities Available Clubhouse,Maintenance,Pool,Recreation Facilities
Waterfront false
Water Access Yes
Water Access Desc Intracoastal Waterway
View Trees/Woods
Roof Type Shingle
Porch Covered,Front Porch,Porch,Rear Porch,Screened
Parking Type Driveway,Garage Door Opener,Ground Level,Oversized
Attached Garage true
Garage true
Private Pool No
Building
Story 3
Entry Level Three Or More
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Cement Siding,Wood Frame
New Construction false
Construction Status Other Contract Contingencies
Others
Pets Allowed Yes
HOA Fee Include Common Area Taxes,Pool,Insurance,Maintenance Grounds,Management
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $816
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition None