Residential Property - Single Family Residence in Longboat Key
Listing Price: $1,145,000 (Mortgage Calculator →)
Description of Property
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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Longboat Key
Bedrooms: 3
Bathrooms: 3
Sq. Ft. Gross: 2,432
Sq. Ft. Living Area: 1,792
Cost per (heated) sqare foot: $639
Year built: 1963
Annual Tax: $11,036
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
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
Appliances:
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Window Features: Blinds, Drapes
Additional Rooms: Inside Utility, Interior In-Law Suite w/Private Entry
Ceiling Type:
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Yes
Water Access Type: Beach - Access Deeded, Gulf/Ocean
Water View:
Exterior & Construction
Architectural Style: Bungalow, Florida
Construction: Block, Stucco
Foundation: Slab
Roof: Shingle
- Garden
- Outdoor Grill
- Private Mailbox
- Storage
Parking Features: Driveway, Off Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
- Covered
- Patio
- Screened
Security Features: Smoke Detector(s)
Other Structures:
View: Garden
Fencing: Vinyl
Utilities:
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Flood Zone, City Lot
Lot Size (acres): 0.19
Lot Size (sq. ft.): 8,398 square feet
Lot Dimensions: 80 x 105
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 7930400002
Zoning: R4SF
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: 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 LN OF SD LOT 3, 420 FT FOR A POB; TH CONT N 50 DEG 00 SEC E, 105 FT; TH S 40 DEG 48 MIN E, 100 FT TO THE SLY LN OF SD LOT 3; TH S 50 DEG 00 SEC W, 105 FT; TH N 40 DEG
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.