551 Broadway Street , #1

    Longboat Key, FL 34228
    • $1,500,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: A4209864
    UPDATED: 41 min ago
    $1,500,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,262
      SQFT
    • $460
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing information courtesy of Premier Sothebys Intl Realty.

    Description

    A rare, seaside income opportunity on boating water, nestled between the beach and the bay. This 1946 vintage, uniquely charming six-unit limestone structure is located on a corner lot on one of the original building sites in the Historic Village of Long Beach on tropical North Longboat Key. Included are three separately platted, contiguous lots; two are vacant waterfront lots in this residential community 7009 & 7017 Longboat Drive N. Perfect for vacation rentals, located just .01 mile to the beach access to Longboat Key's famous beaches and the waters of the Gulf of Mexico where blazing sunsets are enjoyed each night. New seawall, no bridges to the bay and direct access in minutes to Longboat Pass and the Gulf of Mexico. In operation since the 1800s, the Historic Village offers a treasured island lifestyle with restaurants and a Center for the Arts, nearby community boat ramp and fishing piers. Although the value is mainly in the land, the historic value and renewed interest in vintage buildings cannot be ignored. Restoring the building with six beachside vacation rentals could be a fabulous, worthwhile investment. The six rental units include five efficiency units and one, one-bedroom unit. There is no recent rental history, however, limited past history is available. The popular waterfront Mar Vista Restaurant is just two blocks away. The island trolley, a block away, heads north to Anna Maria Islands restaurants and boutiques, or south to St. Armands Circle for shopping, dining and nightlife.

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-20T23:39:56.987.
    www.michellechenault.com/homes/80688510

    551 Broadway Street , #1 Longboat Key, FL 34228

    • Price: $1,500,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: A4209864
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    3,262
    SQFT
    $460
    $/SQFT
    1946
    Built
    Neighborhood:
    Long Beach, Rev Of
    County:
    Manatee
    Area:
    Longboat Key
    Elementary School:
    Anna Maria Elementary
    Middle School:
    Martha B. King Middle
    High School:
    Bayshore High
    Property Description
    A rare, seaside income opportunity on boating water, nestled between the beach and the bay. This 1946 vintage, uniquely charming six-unit limestone structure is located on a corner lot on one of the original building sites in the Historic Village of Long Beach on tropical North Longboat Key. Included are three separately platted, contiguous lots; two are vacant waterfront lots in this residential community 7009 & 7017 Longboat Drive N. Perfect for vacation rentals, located just .01 mile to the beach access to Longboat Key's famous beaches and the waters of the Gulf of Mexico where blazing sunsets are enjoyed each night. New seawall, no bridges to the bay and direct access in minutes to Longboat Pass and the Gulf of Mexico. In operation since the 1800s, the Historic Village offers a treasured island lifestyle with restaurants and a Center for the Arts, nearby community boat ramp and fishing piers. Although the value is mainly in the land, the historic value and renewed interest in vintage buildings cannot be ignored. Restoring the building with six beachside vacation rentals could be a fabulous, worthwhile investment. The six rental units include five efficiency units and one, one-bedroom unit. There is no recent rental history, however, limited past history is available. The popular waterfront Mar Vista Restaurant is just two blocks away. The island trolley, a block away, heads north to Anna Maria Islands restaurants and boutiques, or south to St. Armands Circle for shopping, dining and nightlife.
    Exterior Features

    Architectural Style BungalowHistorical Exterior Construction Stone Exterior Features Mature LandscapingOak TreesOpen Patio Front Exposure Southeast Garage Carport None Garage Features Guest ParkingOpen ParkingWasher/Dryer Hookup Location Close To Bus LineCorner LotFlood PlainHistoric DistrictRoom For PoolStreet Paved Lot Dimensions 169X125x150x125 Pool None Property Description 1 Level Property Style Five Or More Roof Metal Sidewalk No Total Acreage 1/4 Acre To 21779 Sq. Ft. Water Access Canal - Saltwater Water Access YN Yes Water Extras Bridges - No Fixed BridgesSeawall - Concrete Water Frontage Canal - Saltwater Water Frontage YN Yes Water Name Canal Water View Canal Water View YN Yes Waterfront Feet 110

    Interior Features

    Air Conditioning Wall Units/Window Heating And Fuel Central

    Property Features

    1 Bed1 Bath Units 1 Additional Parcel YN Yes Additional Parcels 2 Annual Expenses 0 Auction YN No Cdd YN No Community Features Water Access Construction Status Completed Efficiencies Units 5 Efficiency Avg Rent 0 Est Annual Market Income 0.00 Financial Source Owner Financing Available CashConventional Flood Zone Code Ae Hoa Comm Association None Homestead YN No Housing For Older Persons N/A Internet YN Yes Lease Terms No Pets Lot Number 52 New Construction No Realtor Info Brochure AvailableFixer-UpperFlood Insurance RequiredLead Paint DisclosureSeller Property Disclosure Special Sale Provision None Sq Ft Source Public Records Sw Subdv Community Name Not Applicable Tax Year 2017 Taxes 5504 Total Monthly Expenses 0 Total Monthly Rent 0 Utilities Public Utilities Zoning R6sf

    Listing information courtesy of Premier Sothebys Intl Realty.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-20T23:39:56.987.
    Chenault Group
    468 Mandalay Ave.
    Clearwater Beach FL, 33767
    Listing information courtesy of Premier Sothebys Intl Realty.