3155 Gulf Of Mexico Drive Unit 218, Longboat Key, FL 34228

$490,000
1
BD
1
BA
416
SqFt
Sold Price
$490,000
List Price
$500,000
Status
Sold
Days on Market
9
Closing Date
Apr 28, 2023
MLS#
A4564891
Property Style
Condo
Architectural Style
Custom
Year Built
1960
Bedrooms
1
Bathrooms
1
Living Area
416
Total Acreage
Non-Applicable
Building Name
The Diplomat
Monthly Condo Fee
943
Legal Subdivision Name
Diplomat
Community Name
Diplomat The
MLS Area Major
Longboat Key

Property Description

NIGHTLY rentals allowed in this direct beachfront first floor unit. Exactly 7 steps from your bed to the sand. The Diplomat is a rare rental condo development on LBK. $23k in NET earnings last year in only 11 months (October renovation) and booked almost thru June currently. They manage EVERYTHING on site. The bookings, the cleaning, the turnover, any maintenance, everything. You just sit back and collect a monthly check and use it at your leisure. An easy fun investment.

Additional Information

Taxes
$3080
Minimum Lease
1-7 Days
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
Condo Fees
$2830
Condo Fees Term
Quarterly
Location
CoastalConstruction Control Line, Near Public Transit
Community Features
Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Water Access
Property Description
One Story
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s)
Floor
Ceramic Tile
Appliances
Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Public
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Hurricane Shutters, Lighting
Roof
Built-Up
Foundation
Slab
Pool
Community
Pool Type
Heated, Indoor
Garage Carport
None
Garage Features
Assigned, Guest, None
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Booker High
Water Name
Gulf Of Mexico
Water View
Gulf/Ocean - Full
Water Access
Beach, Gulf/Ocean
Water Frontage
Beach Front, Gulf/Ocean
Pets
Not allowed
Floor Number
1
Flood Zone Code
AE
Parcel ID
0005071007
Legal Description
UNIT 218 THE DIPLOMAT

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Listing courtesy of COMPASS FLORIDA LLC. Selling Office: COLDWELL BANKER REALTY.

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