Income-Producing Coastal Gem - This TURNKEY FURNISHED 2BR/2.5BA townhome in the exclusive Cedars East Tennis Resort isn't just a slice of paradise-it's a proven performer. With $90, 000 in past annual rental income and future bookings already secured, this property offers immediate cash flow and long-term upside. Inside, enjoy 1, 440 sq ft of updated living space featuring a gourmet kitchen with granite countertops, spa-inspired bathrooms, and a private oversized garage. Spacious, bright primary suite include 2 separate vanities in the ensuite bathroom. Laundry on the top bedroom floor for added convenience. The open layout and tasteful coastal dcor make it ideal for guests and owners alike. Turnkey Investment Highlights: Strong rental history with $90K+ annual income, Future bookings in place for seamless transition. Resort like amenities include: 10 Har-Tru Tennis Courts, Heated Jr. Olympic Pool, 24-Hour Fitness Center, Bay Access with Kayak Launch, Private Fishing Pier, and Scenic Boardwalks through Mangroves. Prime Location: Minutes from Longboat Key beaches, St. Armands Circle, downtown Sarasota, and Anna Maria Island. Whether you're expanding your portfolio or seeking a personal retreat with income potential, this Longboat Key treasure delivers lifestyle and ROI. NO Flood Damage
Property Features
Other Rooms
- Total Rooms: 10
- Living Room Dimensions: 17 x 24
- Living Room Level: Second
Appliances
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Upper Level
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14 x 14
- Bedroom 2 Dimensions: 11 x 14
- Primary Bedroom Level: Third
- Bedroom 2 Level: Third
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathroom 1 Dimensions: 4 x 6.5
- Bathroom 2 Dimensions: 9 x 11
- Bathroom 3 Dimensions: 4 x 10
- Bathroom 1 Level: Second
- Bathroom 2 Level: Third
- Bathroom 3 Level: Third
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- High Ceilings
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Open Floorplan
- PrimaryBedroom Upstairs
- Thermostat
- Window Treatments
- Flooring: Carpet, Tile
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
Kitchen and Dining
- Dining Room Dimensions: 12 x 13
- Dining Room Level: Second
- Kitchen Dimensions: 10 x 11
- Kitchen Level: Second
Waterfront and Water Access
- Water Body Name: SARASOTA BAY
- Water Features: Bay/Harbor
Exterior and Lot Features
- Balcony
- Courtyard
- Sliding Doors
- Road Responsibility: Private Maintained Road
- Road Surface Type: Asphalt
- Porch Dimensions: 6 x 14
- Porch Level: Second
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Garage Features: 12x28
Land Info
- Lot Size Acres: 3.12
- Lot Size Square Feet: 135907
Homeowners Association
- Association: Yes
- Association Fee Frequency: Quarterly
- Association Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Recreational Facilities, Trash
- Calculated Total Monthly Association Fees: 874
- Association Name: Bob MacDonald
- Association Phone: 9414444119
- Pets Allowed: Breed Restrictions
- Pet Description: Pet Restrictions: No exotic pets or dangerous breed dogs, Max Pet Weight: 30
- Dogs Allowed: Yes
Rental Info
- Lease Term: Minimum Lease: 2 Weeks
Amenities and Community Features
- Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Golf Carts OK, Pool, Sidewalks, Tennis Court(s)
Other Property Info
- Annual Tax Amount: 8510
- Source Listing Status: Active
- County: Manatee
- Directions: Heading North on Gulf of Mexico Drive from St. Armands Circle, turn right on Companion Way, drive to the end to Cedars East, Evergreen Way. Take a right upon entering and curve around to the left. Unit is on the left. Parking in front of condo/townhome.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34228 - Longboat Key
- Property Subtype: townhouse
- Source Neighborhood: CEDARS EAST SEC 3
- Parcel Number: 7927307459
- Postal Code Plus 4: 1853
- Public Survey Range: 16
- Public Survey Section: 24
- Subdivision: CEDARS EAST SEC 3
- Township: 35
- Zoning: R3MX/PC
- Property Features: Condo Fees: 2623 Quarterly
- Property Subtype: Townhouse
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1440
- Year Built: 1991
- Building Area Source: Public Records
- Building Area Total: 2268
- Building Name: CEDARS EAST 3
- Construction Materials: HardiPlank Type
- Direction Faces: North
- Foundation Details: Slab
- Levels: Three Or More
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 34
- Roof: Shingle
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Available
- Electricity Available
- Water Source: Private
