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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 600 Sutton Pl APT 101B, Longboat Key, FL, 34228 earns from $3,385/mo rent with a $2,300/mo payment. Total monthly income totals $3,385/mo. ROI tracks 12.47% on current figures, and rental yield reads 8.64% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 66.98% and total cumulative return in cash sums $104,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,385/mo property income instead of your personal income.
Condo
Built in 1973
6.10 Acres lot
$N/A/sqft
$1,232 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $469,900 |
| 2010-06-02 | Listing removed | $269,000 |
| 2009-04-26 | Price change | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jill Baldwin • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7507243
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
