Waterfront Condo with Coastal
5915 SEA RANCH DRIVE 403 Hudson, FL 34667
5915 SEA RANCH DRIVE 403, Hudson, FL, 34667
$212,000
Pending
For Sale
$212,000
Pending
Beautiful condo with waterfront views and resort-style amenities.
Property Size733 SF
Lot Size3.54 Acres
Days on Market494
Property Features for 5915 SEA RANCH DRIVE 403
General Information
- Standard status
- Pending
- Size
- 733 SF
- Lot size
- 3.54 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1985
Listing agency
LPT REALTY, LLC
(813) 766-3403
Listed by
Sharlene Woodis · License #3054883
(813) 766-3403
Source
Exitrealty
Added: Mar 15, 2025 Updated: Jul 6 at 12:22PM Checked: Jul 21 at 5:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This condo offers tranquil living with calming interior decor that complements the beauty of a coastal oasis. The property features waterfront views of the Lagoon and Gulf of America, with opportunities to see manatees and dolphins. Enjoy watercolor sunsets from the covered balcony. The open floor plan allows for flexible furniture placement, with space for an office or dining area. The unit includes a newer AC, water heater, and stainless steel appliances. The updated kitchen features cabinets and countertops. Easy-care flooring and contemporary lighting fixtures add to the unit's appeal. The condo is partially furnished and includes an on-site storage space in the garage area. Gulf Island Beach & Tennis is a resort-style community with a private sandy beach, an Olympic-style temperature-controlled pool, and an expansive sunbathing deck overlooking the lagoon and nature trail. Community amenities include a clubhouse, fitness center, game room, tennis and pickleball courts. The community is guard-gated and has an on-site property manager. The condo fee covers all expenses except electricity. The property is located within minutes of local restaurants and tiki bars, accessible by boat or golf cart. Nearby attractions include Hudson Beach, SunWest Beach Park, local marinas, a public boat ramp, Weeki Wachee Springs State Park, Freedom Boat Club, golf courses, shopping, and restaurants. Hospitals and medical centers are also nearby. I-75 and Suncoast Veterans Parkway provide convenient access to Tampa and St. Pete/Clearwater Airports. The property has completed and passed state-mandated Milestone Inspections. The property size is 733 square feet.
Key Highlights
- Waterfront views with potential sightings of manatees and dolphins
- Resort‑style community with private beach, Olympic‑style pool, clubhouse, fitness center, tennis & pickle ball courts, and guard gate
- Updated kitchen with newer AC, water heater, and stainless steel appliances
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.2k | $18.00 |
| − Vacancy | −$937 | −$1.28 |
| EGI | $12.3k | $16.72 |
| − OpEx | −$5.5k | −$7.52 |
| NOI | $6.7k | $9.20 |
733 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$96.3K
$84.3K – $112.4K
NOI $6,741 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.0K
$146.1K – $194.8K
NOI $11,688 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Beautiful condo with waterfront views and resort-style amenities.
Where is this residential income property located?
The property is located at 5915 SEA RANCH DRIVE 403 Hudson, FL.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: Waterfront views with potential sightings of manatees and dolphins; Resort‑style community with **private beach, Olympic‑style pool, clubhouse, fitness center, tennis & pickle ball courts, and guard gate**; **Updated kitchen with newer AC, water heater, and stainless steel appliances**
