GULF WATCH, where "friendly" takes on a whole new meaning—golf cart-friendly, pet-friendly, rental-friendly, and, of course, beach-and-water-friendly! This community combines partial Gulf and Bay views with an unbeatable location. Enjoy sunsets from your balcony, sunrises from your back stoop, and a short walk to the pristine beaches of Anna Maria Island.
This 2-bedroom, 2-bathroom, turnkey furnished unit offers approximately 1, 122 square feet of living space and feels like a 3rd-floor retreat thanks to its elevated positioning. With no neighbors above or on one side, the unit is bathed in natural light and cooled by refreshing island breezes. Key features include in-unit stacked laundry closet, 2 covered parking spots, hurricane-rated CAT 3 windows and sliders, a newer water heater (2019), 2017 AC unit, and a brand-new roof (2024). It’s being sold fully furnished and turnkey ready to rent or enjoy immediately.
INCOME POTENTIAL & AMENITIES
Gulf Watch is a high-capacity rental property, allowing 7 day minimum rentals, for up to 52 times per year, with unit 209 averaging $60, 000–$80, 000 annually in gross income. With no age restrictions, no waiting period to rent, and no restrictions on owner use, this property is as flexible as it is desirable. The community also offers:
BEACH ACCESS
The Gulf of Mexico is within steps of your unit
A heated pool for year-round enjoyment
Ample parking, including assigned and guest spaces
The condominium’s concrete block construction ensures durability, while ongoing renovations and upgrades enhance its appeal and value.
PRIME LOCATION
Centrally located on Anna Maria Island, Gulf Watch is steps from Bridge Street’s vibrant shops, restaurants, entertainment, and historic pier. The island trolley stops nearby, providing easy transportation. Whether you’re looking to invest, vacation, or settle into island life, Gulf Watch delivers convenience with a relaxing coastal vibe.
THE PROPERTY'S HIGHLIGHTS
This top-floor unit and boasts an open floor plans, modern updates, and unobstructed Gulf and Bay views
Includes an open rear West facing covered balcony that overlooks the pool
Central air conditioning
In-unit washer and dryer
New flooring, appliances, and beach-inspired décor
AN INVESTOR'S DREAM
Weekly rentals are permitted, making this property a prime choice for vacation rental income. With its unbeatable location, abundant amenities, and proven rental history, Gulf Watch is a rare find on Anna Maria Island.
Pack your flip-flops and start living the island dream today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $599 | $599 | $599 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,148 | $3,148 | $4,011 |
Total Monthly Payment | $3,839 | $3,839 | $4,702 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.