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660 Cedars Court

Longboat Key, FL 34228

Name: Open House: 12pm-3pm
Start: 2024-04-26T12:00:00
End: 2024-04-26T15:00:00
Location: 660 Cedars Court

2 beds
2 baths
1,440 sqft
$527 per sqft
1988 build
– on site

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, and 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… • Last updated Apr 26, 2024 •

MLS# C7491713 —

The Building

Year Built:

1988
New Construction:

false
Construction Materials:

Block
Building Area Total:

2268
Common Walls:

End Unit
Levels:

Three Or More
Stories Total:

3
Floor Number:

2
Building Elevator:

false
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered
Security Features:

Fire Sprinkler System

Interior

Furnished:

Turnkey
Interior Features:

Ceiling Fans(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1440
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

: From Gulf of Mexico Dr, turn East onto Companion Way, then Left onto Cedars Ct. Go Right of the circle to 660.
Latitude:

27.417231
Longitude:

-82.660426
Coordinates:

-82.660426, 27.417231

The Property

Parcel Number:

7927303805
Property Type:

Residential
Property Sub Type:

Condominium
Property Condition:

Completed
Zoning:

R3MX/PC
View:

Trees/Woods
Direction Faces:

South
Exterior Features:

Balcony
Water Source:

Public
Total Acreage:

Non-Applicable
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Flood Zone Panel:

12081C0291F
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

1213-1749
Tax Annual Amount:

8546
Tax Legal Description:

UNIT 18 SEC ONE CEDARS EAST CONDO PI#79273.0380/5

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

2
Bathrooms Total:

2
Bathrooms Full:

2

The Listing

Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

In Garage

The Community

Subdivision Name:

CEDARS EAST SEC 1
Senior Community:

false
Community Features:

Dock
Water View:

false
Water Access:

Intracoastal Waterway
Water Access:

true
Water Extras:

Fishing Pier
Waterfront:

false
Waterfront Features:

Waterfront
Pool Private:

false
Pool Features:

Heated
Pets Allowed:

Yes
Pet Restrictions:

County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
Max Pet Weight:

30
Association Amenities:

Clubhouse
Association:

false
Association Fee Includes:

Common Area Taxes
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.
Condo Fees:

2449
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

816
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

1
Carport:

false
Covered Spaces:

1
Open Parking:

true
Parking Features:

Driveway

Monthly cost estimate

Asking price

$760,000

Expense	Monthly cost
Mortgage	$4,069
Taxes	$712
Insurance	$209
Utilities	$124 See report
Total	$5,114/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/25/24 Apr 25, 2024	Listed / Active	STELLAR_MLS	$760,000

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This condo located in Longboat Key, FL 34228 is currently for sale for $760,000. 660 Cedars Court is a 1,440 square foot condo with 2 beds and 2 baths that has been on Estately for 9 days. This condo is in the attendance area of Bayshore High School, King Middle School, and Anna Maria Elementary School.

Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.