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.

Features
: Central, Electric
: Central Air
: Covered, Patio, Screened
: Driveway, Off Street
: Storage, Garden, Outdoor Grill, Private Mailbox
: Luxury Vinyl
: Ceiling Fans(s), Thermostat, Eat-in Kitchen, Open Floorplan, Living Room/Dining Room Combo, Window Treatments, Primary Bedroom Main Floor, Split Bedroom, Kitchen/Family Room Combo, Stone Counters
: Inside
: Public Sewer
: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Public
: Drapes, Blinds
Appliances
: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Range
Address Map
US
FL
Manatee
Longboat Key
LONGBOAT KEY
34228
COMPANION
578-580
WAY
W83° 20' 22.3''
N27° 24' 57.9''
Continue onto John Ringling Causeway Continue onto John Ringling Blvd At St Armand's Cir, take the 1st exit onto N Boulevard of the Presidents Continue onto John Ringling Pkwy Slight left to stay on John Ringling Pkwy Continue onto Gulf of Mexico Dr Slight right to stay on Gulf of Mexico Dr
34228 - Longboat Key
R4SF
Additional Information
80x105
: Public
999999
2024-09-15
2
: City Limits, FloodZone
: One
: Slab
: Block, Stucco
2432
Financial
11036
Listing Information
641631509
281542877
Cash,Conventional
Temporarily Off-Market
2024-11-11T14:34:07Z
Stellar
: None
2024-11-11T14:32:20Z

Residential Income For Sale

578-580 Companion Way, Longboat Key, Florida 34228

2 Bedrooms
2 Bathrooms
1,792
$850,000
Listing ID #A4623518
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4623518
Price : $850,000
View : Garden
Bedrooms : 2
Bathrooms : 2
Square Footage : 1,792
Year Built : 1963
Lot Area : 0.19 Acre
Office Name : DOUGLAS ELLIMAN
Agent Name : Inbal August
Property Sub Type : Duplex
Roof : Shingle
Listing Status : Hold
Agent info
Contact Agent