3601 E Bay Drive #203, Holmes Beach, FL 34217 (MLS # A4610280)

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PRICE $539,900 BEDS 2 BATHS 2 HOME SIZE 1,035 sqft LOT SIZE 15,246 sqft Request More Info Schedule a Showing

Whether you are looking for a great place to live, a second home, or a rental income property, this condo is a fantastic option. The saying about real estate being all about location, location, location is certainly valid with this condo, which is located four-tenths of a mile from the Anna Maria Island Public Beach, one block from Publix, CVS, Restaurants, and shopping, and just three-tenths of a mile from the Anna Maria Island Bridge providing quick access on and off the Island. While the location is a great starting point, what else does the property offer? An excellent rental policy. Even with two months of time blocked for personal use, the rental income last year was just shy of $50k, and with the higher rates, the expected rents for 2024 will be over $60K. The minimum rental period is just one week, so it is excellent for an Airbnb / VRBO income property. Don?t worry about being surrounded by renters if you are looking for a property for yourself to use. Many of the other units are used as residences by their owners. This particular condo is on the second floor, which is the top level of the building. It is set up with two bedrooms and two bathrooms. The Main bedroom is an en suite with a private bath. So often, to get close to the beach, the only properties available have tiny little rooms, as the original builders were trying to add in as many units as possible. That is not the case here! One noticeable thing immediately when you walk in the unit is that the rooms are spacious. Both bedrooms and the living area provide plenty of room to relax. The unit is an open floor plan and has a great screened-in lanai that is a perfect spot for your morning coffee or your evening cocktail. The condo comes turn-key furnished, so you can start enjoying it immediately after purchase without spending extra time and money to decorate. All it needs is you. The furnishings are all tastefully done, providing the relaxing beach atmosphere you want to see in a vacation area. The unit also has a fire-suppressant sprinkler system in the ceiling. The entire building was re-roofed in 2022 as well. This condo has a tandem-style parking under the building that will let you park two vehicles or use the front space for jet skis or kayaks. Plus, there is a locked storage area perfect for bikes, beach chairs, and all your outdoor fun supplies. If you are a boater you will love to know that as the owner, you would have access to city boat slips for just $50 a month. The condo is in the Sandy Pointe community, which is pet-friendly and offers a heated community pool and a weekly rental option, making this a great opportunity. Make plans to see it right away!