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Judie Berger

  • Cell 941.928.3424
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551 Broadway St #1, Longboat Key, FL – $899,000

  • $899k Price
  • .43 Acres
  • 470 DOM
  • $899k Price
  • .43 Acres
  • 470 DOM

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551 Broadway St #1

WOW! A prime location investment opportunity - reduced $450,000! Recent zoning change may allow building of up to 6 NEW multi-family or 3 individual homes. Nestled between the gulf beaches and the bay on tropical N. Longboat Key on sailboat water direct to Longboat Pass and the Gulf of Mexico. 3 separately platted parcels including two vacant non-conforming waterfront lots (7009 & 7017 Longboat Drive N.) Dock pilings in place, seawall recapped in 2017. A 1946 vintage limestone, 6-unit multi-family building sits on the corner lot on one of the original building sites in the Historic Village of Longbeach. Just .01 mile to the beach access to the Gulf’s azure water and famous white beaches - enjoy blazing, colorful sunsets every night! Founded in the 1800’s, the Historic Village offers a treasured island lifestyle with restaurants, a Center for the Arts, nearby community boat ramp and fishing piers. Although the value is mainly in the land, the historic value and renewed interest in vintage buildings could make restoring the beachside vacation property, 5/efficiency units and 1/one-bedroom unit, a current worthwhile project with a future land value for building sites. Prime location! The popular waterfront restaurant, Mar Vista, is just 2 blocks away on the bay. The new Whitney’s Restaurant (opening soon) and the island trolley stop is 1 block away with easy access to Anna Maria Island’s restaurants and boutiques, or south to St. Armands Circle for shopping, dining and nightlife.

Essential Information

  • MLS® #A4210293
  • Price$899,000
  • Bathrooms0.00
  • Acres0.43
  • TypeLand
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address551 Broadway St #1
  • AreaLongboat Key
  • SubdivisionLong Beach, Rev Of
  • CityLongboat Key
  • CountyManatee County
  • StateFL
  • Zip Code34228

Amenities

  • UtilitiesPublic
  • FeaturesWater Access
  • Is WaterfrontYes
  • WaterfrontCanal-salt

View

Flood Plain, Historic District, Near Public Transit, Room For Pool, Street Paved, Water View

Exterior

  • Exterior FeaturesTrees
  • Lot Description1/4 Acre to 21779 Sq. Ft.

School Information

  • ElementaryAnna Maria Elementary
  • MiddleMartha B. King Middle
  • HighBayshore High

Additional Information

  • Days on Market470
  • ZoningR6SF
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Price Change History for 551 Broadway St #1, Longboat Key, FL (MLS® #A4210293)

Date Details Price Change
Price Reduced $899,000 $51,000 (5.37%)
Price Reduced $950,000 $40,000 (4.04%)
Price Reduced $990,000 $10,000 (1.00%)
Price Reduced $1,000,000 $100,000 (9.09%)
Price Reduced $1,100,000 $100,000 (8.33%)
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Listing information courtesy of Premier Sothebys Intl Realty.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 26th, 2019 at 1:00am EDT.