Active
578-580 COMPANION WAY
LONGBOAT KEY FL, 34228
$850,000
$474.33 per sqft
Active
2 Beds
2 Baths
1,792 sqft
Multi-family
Built in 1963
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.
A4623518
MLSⓇ ID
September 15, 2024
Listed
October 17, 2024
Updated
Map
578-580 COMPANION WAY
LONGBOAT KEY FL, 34228
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
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
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Description
Inside
Floor Description
Luxury Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Garden, Outdoor Grill, Private Mailbox, Storage
Lot Features
Flood Zone, City Limits
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
34228 - Longboat Key
Taxes
$11,036
Tax Frequency
Annually
Days on Market
32
Association Fee Frequency
Monthly
Garage
No
Parking
Driveway, Off Street
View
Yes
View Description
Garden
County
Manatee
Municipality
35
Water Source
Public
Pool
No
Zoning
R4SF
Listing History
Date | Event | Price |
|---|---|---|
10/16/2024 | Price change | $850,000 -15% |
Listed by DOUGLAS ELLIMAN
Listing Contact: Lena White
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Data last updated 10/17/2024, 11:27 AM UTC
