Property Attributes
- MLS#A4598090
- TypeSingle Family
- CountyMANATEE
- CityLONGBOAT KEY
- AreaLongboat Key
- NeighborhoodLongboat Key
- Zip34228
- StyleBungalow,Florida
- Year Built1963
- Taxes$ 11036
- Price$ 1,045,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1792
- Lot Size0.19 Acres
Data Source:
Stellar MLS
Property Description
Don't miss this rare, captivating, turnkey duplex with income potential nestled in the serene beauty of Longboat Key. This exquisitely renovated home offers the perfect blend of modern convenience and income potential. Just across from a deeded beach entrance, this property promises an idyllic coastal lifestyle. The versatility of this home is truly exceptional. Live on one side and rent out the other to offset expenses, or utilize one side as a private one-bedroom in-law suite with a separate entrance. As an investment, the income generating potential is currently $6,600 per unit per month during the peak season. The flexible layout sleeps up to six on each side and allows for multiple options to maximize rental income. It is an ideal retreat for families or groups of friends seeking a beach resort escape; The fenced back yard and separate outdoor patios with barbecues offer a serene outdoor haven. Both carports have been converted to screened lanais, and each side has two off-street parking spaces as well as boat parking. More than a few high-quality restaurants are a conveniently located nearby. With an optional membership to the Cedars East complex across the street, you and/or your tenants can enjoy a junior Olympic swimming pool, fully equipped gym, tennis and pickleball courts, and bicycles. Longboat Key is renowned for its pristine, uncrowded beach, upscale amenities, and laid-back coastal lifestyle. Residents can relish the tranquility of a beachside community while being in close proximity to St. Armands Circle and Sarasota's cultural attractions, entertainment, dining, and shopping. Whether you are seeking an upgraded, turnkey furnished investment property, vacation home, or permanent residence with rental income potential, this Longboat Key gem offers the perfect balance. Don't miss this chance to own a slice of paradise on the Florida coast.
Price History | |
---|---|
2/1/2024 | Listed $1,195,000 |
4/4/2024 | 5% - $1,145,000 |
6/14/2024 | 9% - $1,045,000 |
General Features
Interior Features | Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Stone Counters,Thermostat,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric |
Cooling | Central Air |
Utilities | Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected |
Roof | Shingle |
Appliances | Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer |
Exterior Features | Garden,Outdoor Grill,Private Mailbox,Storage |
Zoning | R4SF |
Patio/Porch Features | Covered,Patio,Screened |
Architectural Style | Bungalow,Florida |
Security Features | Smoke Detector(s) |
Construction Materials | Block,Stucco |
Pets Allowed | Yes |
Year Built | 1963 |
View | Garden |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Manatee |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | LONGBOAT KEY |
Facing Direction | North |
Garage Y/N | No |
Total Rooms | 10 |
Status | Active |
Directions | From South Longboat Key,take Gulf of Mexico Drive North to Companion Way (at 5680 GMD). Turn right onto Companion Way. 578-580 Companion Way is the third property on the right. |
ModificationTimestamp | 2024-06-14T13:58:25.030Z |
City | LONGBOAT KEY |
Buyer Agent Compensation | 3% |
Disclosures | Lead Paint,Other,Seller Property Disclosure |
View Y/N | Yes |
Senior Community Y/N | No |
MLS Area | 34228 - Longboat Key |
Lot Size Units | Square Feet |
Lot Size Square Feet | 8398 |
Waterfront Y/N | No |
Carport Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 11036 |
Additional Parcels Y/N | No |
Lease Considered Y/N | Yes |
Virtual Tour | https://show.tours/v/5tkY2mt?b=0 |
Days on Market | 134 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Occupancy Type | Tenant |
Tax Lot | 3 |
Legal Description | BEG AT THE INTERSEC OF THE ELY LN OF JOHN RIGNLING PARKWAY (100 FT WIDE) WITH THE NLY LN OF LOT 3 OF A SUB OF FRACTIONAL SECTIONS 25,26 AND PART OF SEC 24,PB 7 P 16; TH N 50 DEG 00 SEC E ALG THE NLY |
Water Access Type | Beach - Access Deeded,Gulf/Ocean |
Minimum Lease | 1 Month |
Water Access Y/N | Yes |
Additional Rooms | Inside Utility,Interior In-Law Suite w/Private Entry |
Water View Y/N | No |
Flood Zone Code | AE |
Interior Features
Flooring | Luxury Vinyl |
---|---|
Furnished Y/N | Turnkey |
Total Stories | 1 |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | Blinds,Drapes |
Fireplace Y/N | No |
Full Baths | 3 |
Laundry Features | Inside |
Total Bedrooms | 3 |
LivingAreaSource | Public Records |
Total Baths | 3 |
Exterior Features
Vegetation | Mature Landscaping |
---|---|
Fencing | Vinyl |
Parking Features | Driveway,Off Street |
Lot Features | FloodZone,City Lot |
Water Source | Public |
Lot Size Area | 8398 |
Foundation Details | Slab |
Spa | No |
Building Area Total | 2432 |
Lot Dimensions | 80 x 105 |
Lot Size Acres | 0.19 |
Road Surface Type | Asphalt,Paved |
Road Responsibility | Public Maintained Road |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool