Imagine that you just came back from a visit to Longboat Key and can’t get that beach out of your head. You keep thinking about how peaceful you felt and how great it would be to have a seasonal home here.
It’s easy for Snowbirds to fall in love with the island after just one visit, and who wouldn’t want to own a small piece of Florida’s beautiful Suncoast. Many snowbirds visit for a season and quickly decide they want to purchase their own spot in the sun – and this is a wise idea! Here are some options for owning Longboat Key property with rental potential.
Inn on the Beach, behind the gates of the prestigious Longboat Key Club, offers a unique ownership rental program. It’s an ideal way to own and enjoy your time on Longboat Key, and also generate some income to offset expenses.
There are 226 units and a variety of floor plans at the Inn on the Beach; they range from the cozy and affordable club suites to the luxurious deluxe two-bedroom and two-bathroom residences with close to 1,700 sq. ft. Residents of all seven buildings enjoy amenities such as 24-hour security and concierge service, fitness center, restaurants, swimming pool, and even a kids’ club with supervision. The Inn on the Beach is very close to the Longboat Key Club, which makes it perfect for golf and tennis lovers. Part-time residents are welcome at the Inn on the Beach; in fact, they can profit from their properties by allowing the resort managers to offer rental periods. Condo owners who chose to have their units covered by the rental program have access to the resort club’s various facilities.
Another option for snowbirds on Longboat Key is Beachplace, which occupies a total of 31 acres of land with a number of condominium buildings designed to satisfy the desires of even the most discerning of home buyers and property investors. Beachplace also has wonderful amenities such as a clubhouse, an Olympic-size heated swimming pool, children’s wading pool, fitness center and saunas, three tennis courts, elevators, and direct beach access. Residences can be rented 12 times per year for a minimum of one month, which is one of the best rental policies for Longboat Key.
Finally, Sand Cay on the northern end of the island shouldn’t be left out in a short list of properties to consider on Longboat Key for part-time residence and rental income potential. Possible buying opportunities among the 60 Sand Cay condos include residences with floor plans ranging from about 1,000 square feet up to 1,200 square feet, featuring two bedrooms and two baths. Location certainly plays out well in the valuations for Sand Cay, which sits at a cozy site at 4725 Gulf of Mexico Drive. Here, potential choices of Sand Cay condos for sale includes refreshing views of the expansive gulf and the beach, or lush gardens and the resort’s well-kept pool.
If you are interested in exploring ownership of any rental properties on Longboat Key, please give me a call and let’s get started!