680 Broadway STREET, Longboat Key, FL, 34228 | $1,795,000

Welcome to this captivating vintage and fully furnished bungalow in the heart of Longbeach Village with its large separate guest cottage and multi-family zoning. Entry to the main home is through a large wraparound screened porch complete with an old fashioned swing. The two-bedroom two bath main house is 1600 sf and charming details grace every corner, from a beautifully framed wood-burning fireplace in the living room to shiplap-adorned walls and ceilings. A tastefully appointed kitchen boasts modern amenities and a sleek gas cooktop. The dining area features a vaulted ceiling and a bay window with cozy built-in seating, providing enchanting views of the vibrant courtyard. A large separate one-bedroom guest cottage with its own entrance has over 800 sf above the garage and carport areas. The guest home features a comfortable living area, a well-equipped kitchen and laundry room, as well as a private lanai and adjoining balcony deck. The separate utility meters, extra parking, and grandfathered multi-family zoning make this property an ideal investment opportunity for those seeking versatile rental income. Connecting these two homes is a lush, sunny, meticulously landscaped tropical courtyard. It's a paradise of its own, graced with a shimmering pool and spa. Enjoy all the amenities Longbeach Village has to offer. You are just moments away from Longboat Key's world-renowned Gulf of Mexico beaches, celebrated for their powdery white sands and crystal-clear turquoise waters. Less than a block away a neighborhood boat ramp provides swift access to Sarasota Bay, ideal for boating and water sports, with the convenience of Longboat Pass nearby. Just down the street, you can savor fresh seafood and stunning bayfront vistas at either Mar Vista Dockside or Shore Restaurant, or cap off a day at the beach, and then head right across the street to Whitney's Bodega & Bar, where you can enjoy a delightful meal. Whether you're seeking an escape to your own paradise, hosting visiting family members, or exploring an investment opportunity, this may just be the tropical haven you've been searching for.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 4 full
  • Laundry: In Garage
  • Style: Bungalow, Key West
  • Year Built: 1930
  • Garage: 1-car Alley Access, Covered, Garage Faces Rear, Ground Level, Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,402
  • Acreage: 0.21
  • Est. Taxes: $14,896
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pool: Auto Cleaner, Heated, In Ground, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4587392
  • Days on Market: 201 days
  • Website: https://www.raveis.com
    /eprop/A4587392/680broadwaystreet_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/19/2024 4:15:47 AM)

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NMLS Mortgage Loan Originator ID 38342

978.314.1072

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680 Broadway STREET, Longboat Key, FL, 34228

$1,795,000

Haschig Homes

Sales Associates

William Raveis Real Estate

Phone: 833.544.7687

HaschigHomes@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,436,000 $1,436,000 $1,436,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $1,241 $1,241 $1,241
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,675 $9,434 $12,707
Total Monthly Payment $11,041 $10,800 $14,073

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.