$1,130,000
$1,250,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
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
Garage Boat, Common, Driveway
Garage Spaces 1.0
Utilities Available Cable Connected
Amenities Available Boat Slip
Waterfront false
Roof Type Shingle
Parking Type Boat, Common, Driveway
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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Bought with MICHAEL SAUNDERS & COMPANY
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