NOT LISTED FOR SALE

551 Broadway St Unit 1 Longboat Key, FL 34228

-- Bed
-- Bath
3,262 Sq Ft
6,251 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $955,000 $293 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Outdoor Grill
  • Anna Maria Elementary School Rated A-
  • Outdoor Shower
  • Outdoor Storage

About This Home

As of August 2020

" short stories'.. This property is on the water located on the island of Longboat key as of today July 16, 2020. 9 am...Just came back on the market.!!!!!.. Your chance to buy a rare investment you can build up to six homes across 3 lots on canal..You can walk to the beach four restaurants, gym..liquor store and after breakfast...walk out the back door ..hop"" on you boat..kayak..for fishing or fun"..just block to turquoise blue water in the Sarasota bay...Leader Design Architect has done all the research. You need see all the drawings they have prepared from site plan to home design. ..Duncan Seawall says there are four boat slips...This is an island of opportunity ..just look for the "'pony in the haystack"...B. build up to six land condo units on this one of kind investment located in the historical village "'of north longboat key.. John Ringling first developed this area..The new term in architecture is called "'walkable neighborhood....THIS IS IT"...walk in the morning to yoga or Long Beach cafe for breakfast evening bike over to Mar Vista restaurant, Bayou Tavern or the Shore for dinner. After a long day at the beach..and you never have to drive a car..LONGBOAT KEY CITY...Changed Zoning Law in Feb of 2019... Please call for details and more information..

Last Agent to Sell the Property

Gerald Cunningham

KELLER WILLIAMS ON THE WATER S License #3113715 Listed on: 06/16/2020

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Gerald Cunningham

KELLER WILLIAMS ON THE WATER S License #3113715 Listed on: 06/16/2020

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,021

Year Built

  • Built in 1946

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Additional Parcels

Home Design

  • Metal Roof
  • Stone Siding

Interior Spaces

  • 3,262 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Long Beach Community
  • Long Beach,Rev Of Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,021

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Stone
  • Fireplace: No
  • Living Area: 3262
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1946
  • Lot Size Sq Ft: 6251
  • Number Of Lots: 3
  • Directions to Property: This property is located at very north end on the island of longboat key ....please drive North on Gulf of Mexico Drive ...turn at Broadway..right going east..drive 50 feet property is on left..it also has two lots 7009 and 7017 on North Longboat Drive
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469824?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469824?w=Customer
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 9413218848
  • Ratio: Close Price\List Price: 0.97494
  • Price per Sq Ft: 292.77
  • Close to Original List Price Ratio: 0.97494
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Crawlspace
  • Street Number Modifier: 551
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Outdoor Grill, Outdoor Shower, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7801500209
  • Additional Parcels Description: 7801500109,7801500159
  • Additional Parcels: Yes
  • Lot Dimensions: 50x125
  • Flood Zone Code: AE

Rental Info

  • Additional Lease Restrictions: Monthly rentals

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 8020.76
  • Tax Block: 21
  • Tax Book Number: 1-306
  • Tax Lot: 52

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $955,000 -2.5% $293 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $979,551 0.0% $300 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $979,551 +15.2% $300 / Sq Ft
12/04/2019 12/04/19 Sold $850,000 -5.5% $261 / Sq Ft View Prior Sale
12/04/2019 12/04/19 For Sale $899,000 -- $276 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4469824

Stellar MLS