4725 Gulf Of Mexico Drive, Unit 117

Longboat Key, FL 34228

$710,000
Last Sold Price
2
Beds
2
Baths
1,032 Sq. Ft.
$688 / Sq. Ft.
1,032
Sq. Ft.
$688
per Sq. Ft.

Description

Paradise found! Breathtaking views are yours from this rarely available direct gulf front first floor unit at Sand Cay, one of the most popular vacation resorts on Longboat Key offering owners unrestricted access while taking advantage of the short term 3 day minimum rental policy. In fact for just the first six months of 2019, this particular unit has garnered in excess of $41,000 in rental income! And unlike other rental properties on the island which charge between 20 & 25% rental commission,...Paradise found! Breathtaking views are yours from this rarely available direct gulf front first floor unit at Sand Cay, one of the most popular vacation resorts on Longboat Key offering owners unrestricted access while taking advantage of the short term 3 day minimum rental policy. In fact for just the first six months of 2019, this particular unit has garnered in excess of $41,000 in rental income! And unlike other rental properties on the island which charge between 20 & 25% rental commission, Sand Cay, which has an on site rental office, charges only 15-18% commission, increasing the owners bottom line. Sand Cay went through a resort wide refurbishment in 2008 and this unit was tastefully upgraded in 2013 and is being sold turnkey furnished. Sand Cay offers 340' of beautiful gulf frontage, heated pool, tennis, basketball, shuffleboard and beach side bbq area. This particular home offers mesmerizing water and sunset views not only from its paver brick patio but also from the living room and family room, making this unit one of the most highly requested condos at Sand Cay. Zota Beach Resort is next door and the shops and eateries of Longboat Key and St. Armands Circle are just minutes away and the famed arts & culture of Sarasota are just across the Ringling bridge.
  1. Listed by Richard Perlman • MICHAEL SAUNDERS & COMPANY

Property Details for 4725 Gulf Of Mexico Drive, Unit 117

Subdivision Name
SAND CAY A CONDO
Township
35
View
Water
Waterfront
Yes
Water View
Gulf/Ocean - Full
Furnished
Turnkey

Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Richard Perlman

Sold By MICHAEL SAUNDERS & COMPANY, Diane Otis Stirling

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LISTING UPDATED: 01/17/2023 08:11 PM

Property Details for 4725 Gulf Of Mexico Drive, Unit 117

StatusSold
MLS #A4456631
Days on Market48
Taxes$10,291 / year
HOA Fees-
Condo/Co-op Fees$3,129 / quarter
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1974
CountyManatee County

Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Richard Perlman

Sold By MICHAEL SAUNDERS & COMPANY, Diane Otis Stirling

Add your commute

Building Information for 4725 Gulf Of Mexico Drive, Unit 117

Building/Complex4725 Gulf Of Mexico DrFloor1Stories3Residences-Pet Policy-Year Built1974

Payment Calculator

$5,775 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,875

Property Taxes

$858

HOA Dues

$1,043

The Payment Calculator is for illustrative purposes only.

Property Information for 4725 Gulf Of Mexico Drive, Unit 117

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1032.0
  • Building Area Units: Square Feet
  • Building Name Number: 4725
  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Water Access, Waterfront
  • Direction Faces: East
  • Directions: From south Longboat Key, go north on Gulf of Mexico Drive to the 4700 block to Sand Cay on the Gulf side.
  • Floor Number: 1
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Sand Cay A Condominium
  • Unit Number: No
  • Street Number: 4725
  • Street Name: GULF OF MEXICO
  • Street Suffix: DRIVE
  • Unit Number: 117
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Assigned
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Association Fee Requirement: None
  • Association Name: Lyn Sorensen
  • Association Phone: 941-383-5044
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Book Number: 5-60
  • Tax Legal Description: UNIT 117 SAND CAY CONDO PI#80088.0090/9
  • Tax Lot: 117
  • Tax Year: 2019
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Parcel Number: 8008800909
  • Water Access: Beach - Private, Gulf/Ocean
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO
  • Water Extras: No
  • Water Frontage Feet Beach Prvt: 170
  • Water Frontage Feet Gulf Ocean: 170
  • Zoning: T6
  • Living Area: 1032
Property and Assessments
  • Year Built Numeric: 1974
  • Association Amenities: Basketball Court, Cable, Elevators, Pool, Shuffleboard Court, Tennis Court(s)
  • Building Elevator: Yes
  • Flood Zone Code: VE
  • Flood Zone Date: 03-17-2014
  • Flood Zone Panel: 12081C0294E
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 16
  • Public Survey Section: 36
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Other
  • Vegetation: Trees/Landscaped
  • Waterfront Features: Beach - Private, Gulf/Ocean
  • Waterfront Feet Total: 340
  • Number Of Stories: 3
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Additional Rooms: Family Room
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Living Room/Dining Room Combo, Window Treatments
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 6.0
  • Water View: Yes
  • Window Features: Blinds, Drapes, Window Treatments
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 11x11
  • Room Flooring 1: Carpet
  • Room Length 1: 11.0
  • Room Level 1: First
  • Room Type 1: Living Room
  • Room Width 1: 11.0
Room 2
  • Room Dimensions 2: 7x13
  • Room Flooring 2: Carpet
  • Room Length 2: 13.0
  • Room Level 2: First
  • Room Type 2: Dining Room
  • Room Width 2: 7.0
Room 3
  • Room Dimensions 3: 13x15
  • Room Flooring 3: Carpet
  • Room Length 3: 15.0
  • Room Level 3: First
  • Room Type 3: Family Room
  • Room Width 3: 13.0
Room 4
  • Room Dimensions 4: 7x11
  • Room Flooring 4: Ceramic Tile
  • Room Length 4: 11.0
  • Room Level 4: First
  • Room Type 4: Kitchen
  • Room Width 4: 7.0
Room 5
  • Room Dimensions 5: 11x13
  • Room Flooring 5: Carpet
  • Room Length 5: 13.0
  • Room Level 5: First
  • Room Type 5: Master Bedroom
  • Room Width 5: 11.0
Room 6
  • Room Dimensions 6: 10x12
  • Room Flooring 6: Carpet
  • Room Length 6: 12.0
  • Room Level 6: First
  • Room Type 6: Bedroom 2
  • Room Width 6: 10.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 4725 Gulf Of Mexico Drive, Unit 117

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4725 Gulf Of Mexico Drive, Unit 117

Taxable ValueLand-Additions$841,500Total-
Tax Record2023$12,404 ($1,034 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,032 SqFtAbove Grade Finished SqFt1,032 SqFtStories1StyleCondominiumYear Built1974ZoningLBK_T-6CountyMANATEEAPN80088.0090-9

Schools near 4725 Gulf Of Mexico Drive, Unit 117

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Richard Perlman

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.