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3601 E Bay Dr # 203 Holmes Beach, Florida 34217 MLS# MFRA4610280
Great news! The mandatory Milestone Inspection Report has been completed satisfactorily, and the report is available for review. No need to worry about large assessments like other associations are facing. So, whether you are looking for a great place to live, a second home, or a rental income property, this condo is a fantastic option. 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 thing you will notice 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 included 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. What else is great? 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. While the rental policy is a great starting point, what else does the property offer? An excellent location. 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. Make sure you take time to notice how private the area is for this condo community. Surrounded by lush, tropical vegetation it is like a lovely oasis. Other items of note: the entire building was re-roofed in 2022, 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, offers a heated community pool,and a weekly rental option, making this a great opportunity. Make plans to see it right away!
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