701 Gulf Bay Road, Unit 1&2

Longboat Key, FL 34228

$1,175,000
Last Sold Price
4
Beds
1,800 Sq. Ft.
$653 / Sq. Ft.
1,800
Sq. Ft.
$653
per Sq. Ft.

Description

Rare opportunity to invest in a recently renovated turn-key duplex on Longboat Key, featuring two identically sized 900 square foot, 2 bedroom, 1.5 bath units on on 9000 square foot lot. Located at the end of a tranquil street, adjacent to the lush and shaded walking paths of Joan M. Durante park. This mid-island property comes with deeded easements to both Sarasota Bay and the Gulf of Mexico beach. This hidden gem is a proven income producer and will appeal the nature lovers. Renovations starting...Rare opportunity to invest in a recently renovated turn-key duplex on Longboat Key, featuring two identically sized 900 square foot, 2 bedroom, 1.5 bath units on on 9000 square foot lot. Located at the end of a tranquil street, adjacent to the lush and shaded walking paths of Joan M. Durante park. This mid-island property comes with deeded easements to both Sarasota Bay and the Gulf of Mexico beach. This hidden gem is a proven income producer and will appeal the nature lovers. Renovations starting in 2020 include a new roof, all new premium vinyl high-velocity impact resistant windows, all new ducting, updated separate electrical service boxes, and a brand new air conditioning in unit 2. Each unit has been freshly painted inside and out and professionally decorated.

Property Details for 701 Gulf Bay Road, Unit 1&2

Subdivision Name
BAILEY-DOBSON
Township
35S
View
Garden
Waterfront
No
Furnished
Turnkey

Location

Listing Courtesy of SHIRLEY INTERNATIONAL REALTY, Beth Gillingham

Sold By HARTMAN REAL ESTATE & COMPANY, Zain Hartman

Add your commute
LISTING UPDATED: 10/15/2022 09:00 AM

Property Details for 701 Gulf Bay Road, Unit 1&2

StatusSold
MLS #A4542482
Days on Market34
Taxes$6,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1968
Lot Size0.21 AC / 8,999 SF
CountyManatee County

Location

Listing Courtesy of SHIRLEY INTERNATIONAL REALTY, Beth Gillingham

Sold By HARTMAN REAL ESTATE & COMPANY, Zain Hartman

Add your commute

Building Information for 701 Gulf Bay Road, Unit 1&2

Stories-Residences1Year Built1968Building Size-Lot Size0.21 AC / 8,999 SF

Payment Calculator

$6,973 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 Gulf Bay Road, Unit 1&2

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Bradenton: take State Hwy 684/Cortez onto Anna Maria Island, then left on Gulf Drive. Continue over bridge onto Longboat Key, then left on Gulf Bay Road (just past Euphemia Haye restaurant), then to end of street on left. From Sarasoate: take John Ringling causeway over bridge onto Lido Key, then first exit at St. Armands Circle onto N. Blvd of the Presidents. Follow onto Longboat Key and take Gulf Drive to a right turn at Gulf Bay Road (about 8 miles, just before Euphemia Haye resaturant). Then all the way to the end on left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Bailey-Dobson
  • Unit Number: No
  • Street Number: 701
  • Street Name: GULF BAY
  • Street Suffix: ROAD
  • Unit Number: 1&2
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Covered, Driveway, Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Book Number: 9-51
  • Tax Legal Description: LOT 11 BAILEY DOBSON SUB, AS PER PLAT THEREOF REC IN PB 9 P 51 & LYING & BEING IN SEC 25 TWN 35 RNG 16; ALSO AN UND 1/12TH INT IN & TO THE WLY 5 FT OF LOT 19 BAILEY DOBSON SUB, AFORESAID, AS PER PLAT REC IN PB 9 P 51; ALSO TOGETHER WITH & SUBJ TO EAS MT TO THE GULF OF MEXICO & SARASOTA BAY, AS SET FORTH IN DB 276 PGS 309 & 310 & IN DB 287 PGS 473 & 475
  • Tax Lot: 11
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Deeded easement to Gulf of Mexico and Sarasota Bay
  • Lot Features: Flood Insurance Required, FloodZone, Level/Flat, Street Dead-End, Street Paved
  • Lot Size Dimensions: 100x90
  • Parcel Number: 7987000002
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: Bay/Harbor, Beach - Public, Gulf/Ocean
  • Water Access: Yes
  • Water Extras: No
  • Zoning: R4SF
  • Living Area: 1800
  • Lot Dimensions: 100x90
Property and Assessments
  • Year Built Numeric: 1968
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 16E
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Outdoor Grill, Outdoor Shower
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Appliances: Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Heating: Electric
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows, Insulated Windows, Low Emissivity Windows, Shades
Multi Family
Multi-Family Information
  • Annual Net Income: $77,000.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 900
  • Unit Type Pro Forma 1: 3500
  • Unit Type Type 1: 2 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 900
  • Unit Type Pro Forma 2: 3500
  • Unit Type Type 2: 2 Bed/2 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 701 Gulf Bay Road, Unit 1&2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 701 Gulf Bay Road, Unit 1&2

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of SHIRLEY INTERNATIONAL REALTY, Beth Gillingham

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.