








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Longboat Key at 100 Sands Point Rd UNIT 223, Longboat Key, FL, 34228 earns from $4,240/mo rent with a $6,118/mo payment. Total monthly income totals $4,240/mo. ROI tracks 3.59% on current figures, and rental yield reads 4.07% at a $1,249,999 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 17.56% and total cumulative return in cash sums $71,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,240/mo property income instead of your personal income.
Condo
Built in 1966
1 sqft lot
$N/A/sqft
$1,608 monthly HOA
Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,771 (100%) |
| Owner Occupied HU | 3,972 (40.7%) |
| Renter Occupied HU | 313 ( 3.2%) |
| Vacant Housing Units | 5,486 (56.1%) |
| Median Home Value | $1,019,900 |
| Average Home Value | $1,229,149 |
Residential
8,135
Single Family
2,822
Multi-Family
5,313
Businesses
342
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $1,249,999 |
| 2024-11-14 | Listed for sale | $1,285,000 |
| 2018-05-15 | Sold | $540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $550,406 | 3.00% |
| 2023-02-14 | N/A | N/A | $534,375 | 3.00% |
| 2022-02-14 | N/A | N/A | $518,811 | 3.00% |



Listed by: Diane Smith • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4629111
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511