660 Cedars Court
Longboat Key, FL 34228
- 2 beds
- 2 baths
- 1,440 sqft
- $500 per sqft
- 1988 build
- – on site
Under contract-accepting backup offers. 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. With a 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 Armand’s 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!
Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC
Last checked:
Checking…
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Last updated Dec 10, 2024
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MLS# C7491713 —
The Building
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Year Built:1988
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New Construction:false
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Construction Materials:Block
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Building Elevator:false
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Levels:Three Or More
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Stories Total:3
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Common Walls:End Unit
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Covered
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Security Features:Fire Sprinkler System
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Floor Number:2
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Building Area Total:2268
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Turnkey
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Flooring:Carpet
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Fireplace:false
Room Dimensions
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Living Area:1440
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:: From Gulf of Mexico Dr, turn East onto Companion Way, then Left onto Cedars Ct. Go Right of the circle to 660.
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Latitude:27.417231
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Longitude:-82.660426
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Coordinates:-82.660426, 27.417231
The Property
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Parcel Number:7927303805
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Property Type:Residential
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Property Subtype:Townhouse
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Property Condition:Completed
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Total Acres:Non-Applicable
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Zoning:R3MX/PC
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Direction Faces:South
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View:Trees/Woods
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View:true
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:AE
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Flood Zone Panel:12081C0291F
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 286-9647
- Office phone:
- (941) 265-7692
Taxes
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Tax Year:2024
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Tax Legal Description:UNIT 18 SEC ONE CEDARS EAST CONDO PI#79273.0380/5
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Tax Book Number:1213-1749
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Tax Annual Amount:8546
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Branded:https://www.zillow.com/view-imx/22c8aee5-6925-4321-bc2f-b60153cebd80?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/22c8aee5-6925-4321-bc2f-b60153cebd80?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Appliances:Built-In Oven
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Laundry Features:In Garage
The Community
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Subdivision Name:CEDARS EAST SEC 1
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Senior Community:false
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Community Features:Dock
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Water View:false
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Water Access:Intracoastal Waterway
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Water Access:true
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Water Extras:Fishing Pier
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Waterfront:false
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Waterfront Features:Waterfront
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Pool Private:false
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Pool Features:Heated
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Pets Allowed:Yes
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Pet Restrictions:County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
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Max Pet Weight:30
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Association Amenities:Clubhouse
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Association:false
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Association Fee Includes:Common Area Taxes
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Amenities Additional Fees:Tennis courts, gym, sauna and pro shop require additional membership, See Cedarstennisresort.com for details. No additional fees required for Use of the “Swimming Pool” and “the lodge and meeting room” per the Frequently Asked Questions and Answers Sheet.
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Condo Fees:2449
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Condo Fees Term:Quarterly
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Monthly Condo Fee Amount:816
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Ownership:Condominium
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Association Approval Required:true
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
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Open Parking:true
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Parking Features:Driveway
Monthly cost estimate
Asking price
$720,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,855
|
Taxes | $712 |
Insurance | $198 |
Utilities | $124 See report |
Total | $4,889/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/2/24
Jul 2, 2024
|
Pending | STELLAR_MLS | $720,000 | |
5/23/24
May 23, 2024
|
Price Changed | STELLAR_MLS | $720,000 | -5.3% |
4/25/24
Apr 25, 2024
|
Listed / Active | STELLAR_MLS | $760,000 |