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Income-Producing Multi-Family Property with Investment Potential This multi-family property, impacted by Hurricane Helene, presents an exceptional investment opportunity for developers or visionaries. Whether you envision building a new structure or renovating the existing one, this property offers a unique chance to maximize its income-producing potential. With the right touch, you can transform it into a profitable asset in a sought-after location. Whether you're a seasoned investor or developer, this property is your blank canvas, ready for innovation and growth. Located in a prime Longboat Key location, the property boasts easy access to the beach and a fenced backyard, with each unit enjoying its own private patio. For an enhanced lifestyle, you have the option to join the Cedars East complex right across the street, offering access to a junior Olympic-sized swimming pool, a fully equipped gym, tennis and pickleball courts, and bicycles.
| DAYS ON MARKET | 44 | LAST UPDATED | 10/16/2024 |
|---|---|---|---|
| TRACT | LONGBOAT KEY | YEAR BUILT | 1963 |
| COMMUNITY | 34228 - Longboat Key | COUNTY | Manatee |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Oct 16, '24 | $999,999 |
|---|---|
| Oct 16, '24 - Today | $850,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
| AREA | 34228 - Longboat Key |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Garden, Outdoor Grill, Storage |
| HEAT | Central, Electric |
| INTERIOR | Eat-in Kitchen, Open Floorplan, Stone Counters |
| LOT | 8276 sq ft |
| LOT DIMENSIONS | 80x105 |
| PARKING | Driveway, Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | LONGBOAT KEY |
| TAXES | 11036 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Garden |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Inbal August, DOUGLAS ELLIMAN, Lena White
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/24/24 11:25 AM PDT.
This IDX solution is (c) Diverse Solutions 2024.
