A4582823

5841 - GULF OF MEXICO - #246 LONGBOAT KEY

$649,900

MLS#: A4582823 Property Type: Residential Address: 5841 GULF OF MEXICO #246 City / Zip: LONGBOAT KEY, FL 34228 County: Manatee Neighborhood: SILVER SANDS Bedrooms: 1 Bathrooms: 1 Heated Sq Ft: 640 Acres: 1.66 Stories: 2 Year Built: 1972 Zoning: R-3MX Date Listed: 11/24/2023 POA Fees: 0

Agent's Comments

Welcome to the Silver Sands beachfront rental condo, a unique investment opportunity in the heart of Longboat Key. This distinctive property not only provides direct beachfront access and sought-after amenities but also offers significant upside potential for investors looking to maximize rental income. The one-bedroom Silver Sands condo stands out for its rarity as a high-frequency beachfront rental property on Longboat Key, making it a coveted commodity. Currently generating income and catering to vacationers, this property presents an exceptional opportunity for investors seeking both financial returns and personal enjoyment. The ability to offer nightly rentals enhances income potential and provides flexibility for investors to enjoy personal use of the property. Situated on the first floor, this walk-out property offers partial views of the Gulf of Mexico from the lanai, kitchen, and dining areas. Just steps away from the sandy shores, guests can immerse themselves in the soothing waves and relish the refreshing salt air. Residents can also indulge in the community pool, enjoying the full spectrum of Silver Sands' amenities. Silver Sands, with its boutique-sized community of 28 residences, creates an intimate and exclusive atmosphere. The property features daily turnover service, onsite rental management, and a range of amenities designed for ultimate comfort and leisure, including a heated pool, poolside loungers, umbrellas, BBQ grills, beachside loungers, a foot wash, a shower by the pool area, a tiki umbrella, a putting green, onsite laundry services, and shuffleboard. The investment appeal is further elevated with WiFi available not only in the rooms but also by the pool and in the garden areas. Recent exterior improvements, including exterior paint, pool resurfacing, and revamped landscaping, underscore the commitment to maintaining the property's high standards. Owners of the Silver Sands condo have the option to join Cedar East, expanding their access to additional amenities, such as the popular tennis club, an onsite restaurant, and complimentary use of bicycles – enhancing the overall appeal for guests seeking a comprehensive vacation experience. As Longboat Key's pristine beaches continue to attract visitors, this property emerges as an exceptional investment opportunity. The combination of a high-frequency rental policy, nightly rentals, and an array of amenities positions the Silver Sands condo as a standout choice for investors seeking not only financial gains but also a slice of paradise. Beyond the tangible benefits, this investment offers the potential for seamless integration into the thriving Longboat Key community. Guests and investors alike can partake in the local charm, explore vibrant culture, and savor renowned dining scenes that make Longboat Key a sought-after destination. In conclusion, the Silver Sands beachfront rental condo is more than an investment opportunity; it's a gateway to a lucrative venture in the heart of Florida's most desired beachfront locations. Secure your position in this exclusive community and embark on a journey to redefine luxury beachfront living while enjoying the rewards of a high-frequency rental investment. Don't miss the chance to add this exceptional slice of paradise to your investment portfolio.

*Listing provided courtesy of the MLS.
Interior Features
  • Air Conditioning: Central Air
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Floor Covering: Ceramic Tile
  • Heating: Electric
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments
  • Water: Public
Exterior Features
  • Foundation: Slab
  • Garage: GarageSpaces : 0
  • Parking: Guest, Open
  • Rool Type: Heated, In Ground
  • Roof: Metal
  • Sewer/Septic: Public Sewer
  • Style: Condominium
Additional Features
  • County: Manatee
  • Status Date: 2023-12-02
  • Year Built: 1972
  • Zoning: R-3MX
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Listings provided courtesy of the MLS.

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