








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 4420 Exeter Dr UNIT 302, Longboat Key, FL, 34228 listed at $819,000 pairs $3,563/mo rent with a $4,009/mo payment. Total monthly income runs $3,563/mo. Return on cash invested measures 5.41% in year one, and rental yield registers 5.22% at a $819,000 basis. Equity gained on principal adds $5,285/yr, and annual property appreciation at 5% supports $226,275 by year five. Five-year ROI tracks 27.94% and total cumulative return in cash totals $75,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,563/mo property income relative to a $4,009/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
23.99 Acres lot
$N/A/sqft
$1,351 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 |
|---|---|---|
| 2025-03-21 | Listed for sale | $819,000 |
| 2024-02-27 | Listing removed | $650,000 |
| 2023-05-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-21 | $8085.07 | 5.49% | $537,200 | 9.44% |
| 2023-03-21 | $7664.44 | 10.07% | $490,875 | 10.00% |
| 2022-03-21 | $6963.10 | 39.38% | $446,250 | 46.31% |



Listed by: Faith Michael • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4644375
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