578-580 COMPANION WAY Active

Longboat Key,FL 34228

$ 850000

2 Beds

2 Baths

1792 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $474

Subdivision Longboat Key

MLS Listing ID A4623518

Bedrooms 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1963

Annual Tax Amount $11,036

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 80x105

Property Description

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.

Location

State FL

County Manatee

Community Longboat Key

Zoning R4SF

Rooms

Other Rooms Inside Utility,Interior In-Law Suite w/Private Entry

Interior

Interior Features Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Stone Counters,Thermostat,Window Treatments

Heating Central,Electric

Cooling Central Air

Flooring Luxury Vinyl

Furnishings Turnkey

Fireplace false

Appliance Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer

Laundry Inside

Exterior

Exterior Feature Garden,Outdoor Grill,Private Mailbox,Storage

Garage Driveway,Off Street

Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected

Waterfront false

Water Access Yes

Water Access Desc Beach - Access Deeded,Gulf/Ocean

View Garden

Roof Type Shingle

Porch Covered,Patio,Screened

Parking Type Driveway,Off Street

Garage false

Private Pool No

Building

Lot Description FloodZone,City Limits

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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