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571 Saint Judes Dr - AirBnb 100% BONUS DEPRECIATION Dly STR -RARE 372 SF Flex Condo Unit Offered at $597,454 CAD in Longboat Key, FL 34228

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INVESTMENT HIGHLIGHTS

  • Own Private BEACH access with - 13.7% Cap Rate - LOW HOA

EXECUTIVE SUMMARY

LONGBOAT KEY - VERY RARE D1 Zoning,[100% BONUS TAX DEDUCTION in the FIRST YEAR] Short Term Rental, Daily Rental, Beautiful Beach Property! VERY profitable on AirBnb and VRBO. The Earnings will be posted plus NOI. VERY LOW HOA $388.00 Per Month.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 372 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 1
Typical Floor Size 372 SF
Year Built 1960
Lot Size 0.41 AC
Zoning R4SF, Longboat Key - *RARE D1* ZONING - Daily Rental Grandfathered In. [100% BONUS TAX DEDUCTION in THE FIRST YEAR]

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Ceiling Fans
  • Granite Countertops

SITE AMENITIES

  • Furnished Units Available

1 UNIT AVAILABLE

Unit 4

Unit Size 372 SF
Price $597,454 CAD
Price Per SF $1,606.06 CAD
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 13.55%
NOI $80,963.36 CAD
No. Parking Spaces 2
DESCRIPTION

(2 units available) INCREDIBLE RETURNS on THESES PROPERTIES $6,000 PER **100% Bonus Deduction** [PLEASE SEE PROVIDED Video LINK] MONTH Private BEACH Access! This One unit is what is currently listed *Designer Renovation* Single level, 4 min walk to Bright White Quartz Sand, Welcome to UPGRADED BEACH PARADISE Featuring - NEW Full Stainless-Steel Kitchen, NEW Cabinets and Granite Countertops. (CALL - John Hill 407.592.9211) LUXURY Bathroom with Granite Top Vanity, Oversized Shower Tile with Glass Mosaic Inlay and Full Glass Enclosure. 65 inch 4k Roku Smart TVs with Super Fast 1000 MbPs internet. Very Posh Bedroom, KING SIZE Memory Foam Hybrid Bed. Pull-out QUEEN Size Memory Foam Bed in the living room.

ABSOLUTELY BEAUTIFUL!! - Don't settle for musty dated property! STARTING in the Living Room: Shiplap feature wall, NEW Queen Size High End Memory Foam Mattress PULL-OUT Sofa, 65 Inch 4K UHD Roku TV, [SUPPER FAST 1000 Mbps INTERNET WiFi]...KITCHEN ALL NEW: Granit Counters, NEW cabinets, NEW appliances, Gorgeous GLASS subway tile Backsplash...BATHROOM: NEW Vanity, NEW Matching Granite vanity top, DESIGNER GLASS and Tile Shower...BEDROOM: KING SIZE Hybrid Foam and Spring Mattress, 65 Inch 4k UHD Roku TV, Dresser, Side Tables and Lamps. IN UNIT WASHER & DRYER

SALE NOTES

Longboat Key is a quiet High-End Location. Average home price is 1.2 Million. This Location is a 6 min walk to toes in the sand, 5 minute drive to the MOTE Aquarium, Saint Armans Circle and Lido Key. Other close by areas are Anna Maria Island and Siesta Key.

**ALL FINANCIALS UPON REQUEST**

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - -
  • Listing ID: 32896103

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 571 Saint Judes Dr, Longboat Key, FL 34228

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