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, and 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 Armands 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!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 15 x 15
- Bedroom 2 Dimensions: 11 x 16
- Primary Bedroom Level: Third
- Bedroom 2 Level: Third
Other Rooms
- Total Rooms: 6
- Entry Foyer Dimensions: 9 x 5
- Living Room Dimensions: 13 x 17
- Entry Foyer Level: First
- Living Room Level: Second
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
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
- Furnished Description: Turnkey
- Flooring: Carpet, Laminate, Tile
Appliances
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Exhaust Fan
- Microwave
- Washer
- Laundry Features: In Garage
Heating and Cooling
- Cooling Features: Central Air, Zoned
- Heating Features: Central, Zoned
Kitchen and Dining
- Dining Room Dimensions: 12 x 13
- Dining Room Level: Second
- Kitchen Dimensions: 11 x 17
- Kitchen Level: Second
Exterior and Lot Features
- Balcony
- Irrigation System
- Lighting
- Rain Gutters
- Sidewalk
- Sliding Doors
- Road Surface Type: Asphalt
Waterfront and Water Access
- Water Features: Intracoastal Waterway
Pool and Spa
- Pool Features: Heated, In Ground
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Maintenance, Pool, Recreation Facilities
- Association Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Grounds, Management
- Calculated Total Monthly Association Fees: 816
- Association Name: Hannah Feliciano
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions., Pet Size: Small (16-35 Lbs.), Max Pet Weight: 30
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 2 Weeks
Amenities and Community Features
- Community Features: Association Recreation - Lease, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Courts
Other Property Info
- 0
- Community Association WaterFeatures
- Annual Tax Amount: 8546
- Source Listing Status: Active
- County: Manatee
- Directions: : From Gulf of Mexico Dr, turn East onto Companion Way, then Left onto Cedars Ct. Go Right of the circle to 660.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34228 - Longboat Key
- Property Subtype: condo
- Source Neighborhood: CEDARS EAST SEC 1
- Parcel Number: 7927303805
- Postal Code Plus 4: 1844
- Subdivision: CEDARS EAST SEC 1
- Township: 35
- Zoning: R3MX/PC
- Property Features: Condo Fees: 2449 Quarterly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1440
- Year Built: 1988
- Building Area Source: Public Records
- Building Area Total: 2268
- Building Name: 660
- Construction Materials: Block, Cement Siding, Wood Frame
- Direction Faces: South
- Foundation Details: Slab
- Levels: Three Or More
- Property Age: 36
- Property Condition: Completed
- Roof: Shingle
- Levels or Stories: 3
- Building Total Stories: 3
- Structure Type: End Unit
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
- Water Source: Public