618 Buttonwood Dr, Longboat Key, FL, 34228 | 4.01% Rental Yield

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618 Buttonwood Dr, Longboat Key, FL, 34228 | 4.01% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Nearby investment properties with comparable rents

3 Bed
2 Bath
1433 sft

3115 Gulf Of Mexico Dr UNIT 304, Longboat Key, FL, 34228

Nearby investment properties with comparable prices

3 Bed
2 Bath
1433 sft

3115 Gulf Of Mexico Dr UNIT 304, Longboat Key, FL, 34228

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Longboat Key at 618 Buttonwood Dr, Longboat Key, FL, 34228 with 5% annual appreciation on a $1,495,000 basis while $4,996/mo rent supports operations. 17% in year one. Equity gained on principal adds $9,647/yr, and five-year appreciation sums $413,041 alongside rental yield of 4.01%. Five-year ROI measures 40.39% and total cumulative return in cash totals $195,661. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,996/mo property income versus a $7,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1965

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. Enjoy the best of island living in this beautifully remodeled and property remediated single-level home on Longboat Key. Perfectly positioned in a desirable mid-Key location on a quiet, friendly street, this coastal retreat combines relaxed sophistication with modern comfort. Step inside to a freshly painted, light-filled interior with tile plank floors throughout and a spacious great room that flows seamlessly to a private backyard oasis. Ideal for entertaining or peaceful relaxation, the outdoor space features a sparkling pool, paver deck and newly landscaped grounds designed for beauty and privacy. The homes flexible floor plan includes four bedrooms and a bright bonus sunroom that invites natural light and can be used as a lounge, playroom or studio. Off the primary suite, a separate room with a closet offers the perfect home office or reading retreat, complete with French doors opening to the pool area. Residents of this welcoming community enjoy access to amenities including a boat launch and waterfront area for fishing, as well as near nearby public beach access points. A shared community well is available to members of the HOA and helps maintain the lush landscaping while keep costs low. This is a rare opportunity to own a stylish, move-in ready home in one of Longboat Keys most desirable neighborhoods-just minutes from shopping, dining, the Longboat Key Club, tennis and pickleball courts and scenic parks. Embrace the coastal lifestyle and schedule your private showing today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.

Housing Distribution

Housing Statistics

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