Longboat Key, FL 34228,640 BROADWAY ST
Longboat Key, FL 34228,640 BROADWAY ST
Longboat Key, FL 34228,640 BROADWAY ST
Longboat Key, FL 34228,640 BROADWAY ST
Longboat Key, FL 34228,640 BROADWAY ST
Longboat Key, FL 34228,640 BROADWAY ST
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$1,130,000

$1,250,000

9.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,519 SqFt


SOLD DATE : 03/17/2021

Key Details

Sold Price $1,130,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,519 sqft

Price per Sqft $448

Subdivision Long Beach

MLS Listing ID A4467953

Sold Date 03/17/21

Construction Status Inspections

HOA Y/N No

Year Built 1940

Annual Tax Amount $9,903

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 120X100

Property Description

A unique opportunity to own 3 free standing Key West style cottages renovated with beach style charm.
This property offers a "one of a kind” grand fathered “ in ” opportunity to live in one cottage and rent the other two for regular income while living in the sun. Or rent all three.
Large 120X100 lot zoned multi-family. The cottages are in the historic Long Beach Village section of Longboat key. With interest rates at all time or near all times lows and the very real possibility of inflation in the future this is an opportunity worth looking into. comparable local rental rates indicate a good rate of return on investment
The development in the area and the fact that Florida is growing. Long Boat Key and Long Beach Village is a very sought after vacation rental destination. This has always been one of the most desirable areas on Florida”s South west coast.
All three cottages are completely renovated with new kitchens granite counter tops and high-end appliances, thick plush carpets, porcelain and cedar floorings. and new beddings
Maybe have friends or family come stay relaxing in their own private cottage then meeting up together for drinks and a cookout at your own private fire-pit.
Only one block from the Bay and short Stroll to the beach. Enjoy sunsets, sunbathing and swimming at one of the nicest beaches on Longboat.

Boat, Kayak, fish, or just watch the boats sail by on the beautiful area of Sarasota Bay.
These cottages have been popular seasonal rentals with long term renters returning year after year some families have been coming to these cottages for 14 straight years.
There are 5 restaurants within walking distance Including the new Shore restaurant and famous Mar vista.
Imagine riding your bike in one of the quietest neighborhoods on Long boat, or just reading a book on the bay or the beach.
This is a lifestyle that's hard to beat.

Location

State FL

County Manatee

Community Long Beach

Zoning R6SF

Rooms

Other Rooms Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Florida Room, Great Room

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen

Heating Central, Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile

Furnishings Furnished

Fireplace true

Appliance Cooktop, Electric Water Heater, Microwave, Range, Refrigerator

Exterior

Exterior Feature Lighting

Parking Features Boat, Common, Driveway

Garage Spaces 1.0

Utilities Available Cable Connected

Amenities Available Boat Slip

Roof Type Shingle

Porch Deck, Front Porch, Patio, Porch, Rear Porch

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Near Public Transit

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Other,Wood Frame

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by BRIGHT REALTY
Bought with MICHAEL SAUNDERS & COMPANY
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