Residential Property - Condominium in Longboat Key
Listing Price: $875,000
Description of Property
Enjoy peaceful lagoon views and healthy income from this completely remodeled Junior Suite. Sold turnkey furnished and currently in the hotel program, this unit reported over $112K+ in 2023 income. Unlike other buildings, the Junior Suites in this building have 10’ ceilings. It is typical to see manatees, dolphins, paddleboarders and a variety of tropical birds from the terrace. As an owner in the hotel program you are able to take advantage of the amenities offered by the 410 acre member-only Longboat Key Club while using your owner time. These include fine dining in 5 exclusive restaurants, 45 holes of Championship Golf, the award-winning Tennis Gardens, spa, fitness center, white sand beach with umbrellas & waitstaff, and a full service marina. The renovated rooms, main dining area, pool and guest services provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award and Condé Nast Travelers Top Florida Resorts. Start enjoying your Longboat Life today! The 2024 income is $103+K, which includes several weeks of downtime due to the hurricanes.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Sarasota
Subdivision: Inn On The Beach Ph Iii
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 642
Sq. Ft. Living Area: 642
Cost per (heated) sqare foot: $1,363
Year built: 1983
Annual Tax: $7,791
Condo Fee: $2,874 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
- Water
Appliances: Washer
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Lagoon
Water Access: Yes
Water Access Type: Gulf/Ocean
Water Name: GULF OF MEXICO
Exterior & Construction
Architectural Style: Custom
Construction: Stucco
Foundation: Stilt/On Piling
Roof: Other
Exterior Features: Tennis Court(s)
Parking Features: Under Building
Floors Total: 4
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Association Amenities: Tennis Court(s)
Lot Information
Lot Features: Near Golf Course
Lot Size (acres): 1.76
Lot Size (sq. ft.): 76,808 square feet
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0013043010
Zoning: GPD
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 6204 INN ON THE BEACH PHASE 3
Section: 27
Range: 17
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.