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Off market
  • $661,500

    4725 Gulf Of Mexico Dr #119, Longboat Key, FL 34228

    2beds
    1,032sqft
    Condo
    Built in 1974
    -- sqft lot
    $661,500 Zestimate®
    $641/sqft
    $5,195 Estimated rent

    Home value

    $661,500

    $569,000 - $767,000

    $5,195/mo

    Zestimate® history
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    $5,195/mo

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    $5,312/mo

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    $5,312/mo

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    What's special

    Top income producing condo at the Sand Cay beach resort! Investors paradise with 12% gross rent ROI. Over $71K in net income in 2017. This unit pays for itself or your mortgage to own. #1 in occupancy and the most requested unit, mostly recurring guests who have stayed at other locations on LBK and Sand Cay, because of the privacy of the patio and the extensive high end upgrades and amenities furnished by the owners who have spared no expense to bring this condo to the highest standards possible! Read the reviews for yourself on VRBO! This is a direct beach/gulf front condo! Sand Cay is a 60 unit complex with heated pool and tennis courts. On site rental office open 7 days a week for your peace of mind. Enjoy this condo as your vacation getaway and rent it out when not in use for great income! Channel Manager hired by the resort to maximize rental income going forward. This is a very rare opportunity to own the best of the best at Sand Cay beach resort! All the work and effort has already been done for you! 100K rental income possible in 2018 depending on owner usage. Season already booked for 2019.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Inside Utility, Solid Wood Cabinets, Solid Stone Counters, Blinds/Shades
    • Flooring: Tile
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,032 sqft

    Property

    Features
    • Exterior features: Stucco
    • Pool features: Heated Pool, Gunite/Concrete, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 8008801006

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1974

    Utilities & green energy

    • Utilities for property: Public Sewer, City Water

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $933 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $641/sqft
    • Tax assessed value: $270,725
    • Annual tax amount: $4,129
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/4/2018Sold$700,000-6.7%$678/sqft
    Source: Public Record Report a problem
    1/12/2018Listed for sale$750,000+30.4%$727/sqft
    Source: TRUE REAL ESTATE INC #A4206687 Report a problem
    2/5/2015Sold$575,000$557/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,129 -61.6%$270,725 -53.2%
    2024$10,765 +21.3%$578,985 +10%
    2023$8,877 +14.7%$526,350 +10%
    2022$7,740 +6.1%$478,500 +10%
    2021$7,298 -1.3%$435,000
    2020$7,391 +0.9%$435,000
    2019$7,325 $435,000 +3.6%
    2018$7,325 +1.9%$420,000 -20%
    2017$7,191 +18.7%$525,000 +11.8%
    2016$6,056 $469,500 +6%
    2015$6,056 $442,900 +24.2%
    2014$6,056 +17.1%$356,501 +15%
    2013$5,173 +517181%$310,001 -16.1%
    2012$1 $369,325 -2%
    2011$1 $376,856 0%
    2010-- $376,858 -12%
    2009$7,245 -16.2%$428,247 -18%
    2008$8,648 -22.8%$522,203 -22%
    2007$11,209 -6.3%$669,491
    2006$11,959 +23.3%$669,491 +28.1%
    2005$9,697 +12.8%$522,474 +15.1%
    2004$8,596 +27.6%$453,963 +32.4%
    2003$6,738 +8.4%$342,906 +11.7%
    2002$6,216 +9%$306,987 +8.9%
    2001$5,705 +11.3%$281,884 +13.7%
    2000$5,127 $247,910
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $661,500
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    Estimated market value
    $661,500