240 Sands Point Rd #4605, Longboat Key, FL 34228

This rarely available one-of-a-kind penthouse lock-out unit in building 4 towers over the Gulf of Mexico offering spectacular views from every room. The 2015 gross annual income for was over $189,000+ (highest income of any 2 bedroom listings for sale) and the year-to-date income through August 2016 is $157,000+. The entire unit has been superbly renovated throughout with exquisite upgrades unique to this condo including quartz counter tops, stainless steel appliances, Kitchen Island, wood accents, and a glass enclosed shower. This is a prototype for future hotel renovations and offers new owners savings on future renovations. This extraordinary resort is a condominium-hotel offering buyers attractive rental possibilities and the lock-out feature in this stand out unit typically generates the most revenue. Inn on the Beach is located behind the prestigious gates of the members only Longboat Key Club just off the mainland of Sarasota. You may choose to participate in the Ownership Rental Program or use it as your very own vacation paradise. By joining the rental program, you will be entitled to the use of the amenities at Longboat Key Club & Resort and you and your guests will be pampered with fine dining, golf, tennis, spa, fitness center, children's camp, club concierge, maid service and friendly staff to make your vacation a memorable one.

Property Description: Mid Rise