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This meticulously maintained residence presents an ideal proposition for both personal enjoyment & lucrative rental income, boasting a flexible two-week minimum rental allowance. With an approximate gross annual income of $50,000, even with several months of owner occupancy or vacancy, this property offers substantial returns. A rare asset on Longboat Key, the oversized garage includes a substantial storage closet, perfect for accommodating hobbies and recreational gear. The exterior received a comprehensive upgrade in 2018 with the installation of low-maintenance Hardi Board Siding and all new High-Impact Windows. In 2023, a brand-new hurricane-rated garage door was installed, further enhancing the home's resilience. Both air conditioning units were replaced in 2021, ensuring optimal comfort and efficiency. Finally, 2024 brought a brand new roof.
Cedars East offers the convenience of on-site rental management, if desired. This 66-acre village-like townhome community is enveloped by nature, providing effortless access to both the beach and the bay on the beautiful north end of Longboat Key. The spacious and tropical community features lit boardwalks winding through mangroves, leading to an array of exceptional amenities including a heated Jr. Olympic Size Pool, nine Har-Tru Tennis Courts, three Pickleball courts, a Clubhouse with a Pro-Shop, a 24-hour Fitness Center, a Tiki bar, a restaurant, a fishing pier, and a kayak launch. Please note that some amenities require an additional club membership.
The property is within walking distance to a variety of local attractions, such as Harry's Deli & Continental Kitchen, the true island gem that is Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and, of course, Longboat Key's globally renowned sugary white sand beaches. Furthermore, it offers convenient proximity to other major attractions and cultural venues, including St. Armand's Circle, Mote Aquarium, the Asolo Repertory Theatre, Van Zel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, the Ringling Museum complex, and numerous dining options on Longboat Key and in downtown Sarasota. Lots to love here, come see it today.