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    640 Broadway Street

    Longboat Key, FL 34228
    • $1,390,000
    • STATUS: Active
    • ON SITE: 247 days
    • MLS #: A4467953
    UPDATED: 47 min ago
    $1,390,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,519
      SQFT
    • $552
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    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 investmentThe 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 Floridas 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 beddingsMaybe 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 thats hard to beat.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-26T21:40:26.943.
    www.pepinerealestate.com/homes/106174110
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    640 Broadway Street Longboat Key, FL 34228

    • Price: $1,390,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: A4467953
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    2,519
    SQFT
    $552
    $/SQFT
    1940
    Built
    Neighborhood:
    Long Beach
    County:
    Manatee
    Area:
    Longboat Key
    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 investmentThe 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 Floridas 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 beddingsMaybe 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 thats hard to beat.
    Exterior Features

    Attached Garage Yn Yes Carport Yn No Construction Materials OtherWood Frame Exterior Features Lighting Foundation Details Crawlspace Lot Features Near Public Transit Lot Size Dimensions 120X100 Other Structures Guest House Parking Features BoatCommonDriveway Patio And Porch Features DeckFront PorchPatioPorchRear Porch Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Additional Rooms Bonus RoomBreakfast Room SeparateDen/Library/OfficeFamily RoomFlorida RoomGreat Room Appliances CooktopElectric Water HeaterMicrowaveRangeRefrigerator Cooling Central AirWall/Window Unit(S) Fireplace Yn Yes Flooring CarpetCeramic Tile Furnished Furnished Heating CentralElectric Interior Features Ceiling Fans(S)Eating Space In Kitchen Levels One Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 81900.00 Association Amenities Boat Slip Association Fee Requirement None Association Yn No Cdd Yn No DPR No Flood Zone Code Ae Garage Yn Yes Homestead Yn No Listing Terms CashConventional New Construction Yn No Property Sub Type Triplex Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Long Beach Tax Annual Amount 9676.00 Tax Year 2018 Total Num Buildings 3 Utilities Cable Connected Zoning R6sf


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Bright Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-26T21:40:26.943.
     
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