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4235 GULF OF MEXICO DRIVE, #G203, Longboat Key, FL, 34228 | $495,000
REDUCED PRICE Motivated Seller! Seller will pay up to $10, 000 of Buyers closing cost. Great investor or seasonal rental property - This charming turnkey short-term vacation rental one bedroom with two queen size beds, one bath and a queen size sofa sleeper, living-dining combo is a beach side end unit. It comfortably accommodates six individuals for an enjoyable stay. Including a screened in porch, plantation shutters, a walk-in storage/closet and kitchen with all the necessities. This unit is a few steps away from the heated pool, two BBQ grills, putting green, shuffleboard, coin laundry facility onsite and a short walk to the beach. There are two gazebos providing shade adding to your relaxation and protection from the sun and rain as you admire the beach scenery from sunset to sunrise. It is a great place for all to enjoy the tranquility of Longboat Key which offers quaint boutiques, fresh seafood restaurants, scenic bike paths creating a blend of relaxation and adventure. Turtle Crawl is ideally situated in a convenient location near Sarasota and St Armand Circle with access to dining, shopping, entertainment, golf courses, marinas and more. This short-term vacation rental presents a fantastic investment opportunity allowing daily, weekly and monthly rentals. There is a management team onsite that handles all bookings, cleaning, management and more. This on-site rental office ensures seamless bookings and assists with all guests needs. You may also use your own management crew of your choice if you prefer. Please Note Flood insurance is covered by the HOA for the unit it does not include personal items. This investment property is successfully rented as a vacation rental during the high season and is currently occupied by excellent annual renters with future bookings through the year 2025. The condo did not suffer any damages from the recent hurricanes or storms. Very rarely do you find a Turtle Crawl unit on the market. Come take a look at this attractive unit and start earning immediate income as you own a slice of paradise on the beach side of Longboat Key.
Features
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 1
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: Common Area
- Complex: TURTLE CRAWL SEC 36 TOWNSHIP 35S RANGE 16E
- Year Built: 1973
- Common Charge: $1,292 Monthly
- Approx Sq. Feet: 666
- Acreage: 2.03
- Est. Taxes: $4,528
- Elem. School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Bayshore High
- Pet Policy: No
- Appliances: Convection Oven, Microwave, Range, Refrigerator
- MLS#: A4646725
- Days on Market: 26 days
- Website: https://www.raveis.com
/prop/A4646725/4235gulfofmexicodrive_longboatkey_fl?source=qrflyer
Listing courtesy of EZ CHOICE REALTY Phone: 813-653-9676
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4235 GULF OF MEXICO DRIVE, #G203, Longboat Key, FL, 34228
$495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
| Monthly Tax Payment | $377 | $377 | $377 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,471 | $2,601 | $3,288 |
| Total Monthly Payment | $2,923 | $3,053 | $3,740 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388