Welcome to an exceptional income-producing opportunity on Longboat Key, featuring a beautifully remodeled duplex, ready for immediate occupancy. This turnkey property offers two distinct units: the first is a spacious two-bedroom, two-bathroom residence with an enclosed porch, while the second unit is a charming one-bedroom, one-bathroom with its own enclosed porch. Both units have been thoughtfully updated and come with in-unit washers and dryers for added convenience. 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.
Discover a lucrative investment opportunity at 2045 Gulf of Mexico Dr #214, ideally situated walking distance to the prestigious St. Regis hotel and resort. This spacious condo offers prime rental income potential, with rents at Seaplace ranging from $4,000 during the off-season to up to $10,000 per month in-season. Enjoy the flexibility of using the property part of the year while potentially generating enough income to cover all your yearly costs. Additionally, Longboat Key real estate has a history of consistent annual appreciation, making this an even more compelling investment. Investors can capitalize on the high demand for luxury accommodations in this exclusive beachfront community. Buyer must conduct their own due diligence on income expectations. Don’t miss out on this chance to own a profitable piece of Longboat Key’s premier real estate Current lease in place Jan 1, 2025 through Aril 30, 2025.
The median home value in Longboat Key, FL is $624,900. This is higher than the county median home value of $263,300. The national median home value is $219,700. The average price of homes sold in Longboat Key, FL is $624,900. Approximately 37.68% of Longboat Key homes are owned, compared to 3.19% rented, while 59.13% are vacant. Longboat Key real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Longboat Key real estate agent to arrange a tour today!
Longboat Key, Florida 34228 has a population of 7,179. Longboat Key 34228 is less family-centric than the surrounding county with 2.58% of the households containing married families with children. The county average for households married with children is 21.94%.
The median household income in Longboat Key, Florida 34228 is $102,348. The median household income for the surrounding county is $53,408 compared to the national median of $57,652. The median age of people living in Longboat Key 34228 is 70.9 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 51.8 degrees. The average rainfall is approximately 52.7 inches per year, with 0 inches of snow per year.