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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3070 Grand Bay Blvd UNIT 632, Longboat Key, FL, 34228 earns from $7,170/mo rent with a $4,258/mo payment. Total monthly income totals $7,170/mo. ROI tracks 16.3% on current figures, and rental yield reads 9.89% at a $869,995 purchase. Equity gained on principal adds $5,614/yr, and 5% annual appreciation supports $240,364 over five years. Five-year ROI reaches 87.55% and total cumulative return in cash sums $250,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,170/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$2,142 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 |
|---|---|---|
| 2024-11-04 | Listed for sale | $869,995 |
| 2021-03-01 | Sold | $572,000 |
| 2021-01-27 | Pending sale | $580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $582,200 | -14.09% |
| 2023-02-14 | $9548.99 | 13.32% | $677,710 | 10.00% |
| 2022-02-14 | $8426.44 | 37.77% | $616,100 | 49.32% |
Listed by: Richard Perlman • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4627468
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
