








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 1211 Gulf Of Mexico Dr APT 408, Longboat Key, FL, 34228 earns from $5,120/mo rent with a $7,317/mo payment. Total monthly income totals $5,120/mo. ROI tracks 8.48% on current figures, and rental yield reads 4.11% at a $1,495,000 purchase. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 over five years. Five-year ROI reaches 42.04% and total cumulative return in cash sums $203,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,120/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ryan Ackerman, PA • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #A4669908