Multifamily

Longboat Key, FL Multifamily Properties for Sale

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Bradenton, FL Sarasota, FL Slidell, LA Bradenton Beach, FL Cortez, FL Holmes Beach, FL Palmetto, FL
Gulf-Front Beach Oasis Suite
Updated: Jan 22, 2025
Gulf-Front Beach Oasis Suite

240 SANDS POINT ROAD 4201, Longboat Key, FL 34228

$1,198,000
750 sqft 4.13 AC lot
Direct Gulf‑front location with breathtaking sunset views from a private balcony.
Proven high rental income potential, averaging $140,000 annually over the last three years.
Hassle‑free ownership with dedicated property management handling all rental operations.
Rare, larger corner 'Junior Suite' unit with modern kitchen and bath.
On‑site amenities include a restaurant, spa, golf, and tennis.
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Gulf View Condo with Rental
Updated: Sep 21, 2024
Gulf View Condo with Rental

1065 GULF OF MEXICO DRIVE 302, Longboat Key, FL 34228

$619,000
1,392 sqft 7.98 AC lot
Gulf beach access within seconds
Rental potential: rent monthly, 12 times per year
Hurricane windows
Two parking spaces: one garage, one outside
Breathtaking third‑floor views
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in Longboat Key, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Studio STR Quadplex
Turnkey Studio STR Quadplex

170 Roosevelt Dr Unit 10, Sarasota, FL 34236

$1,300,000
294 sqft

Four updated studio units are offered as a managed, actively listed short-term rental portfolio with a community pool and private patios.

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Short-Term Rental Apartment Building
Short-Term Rental Apartment Building

1236 13th Street, Sarasota, FL 34236

$1,600,000
2,832 sqft

Five-unit apartment building zoned for short-term rentals, including four one-bedrooms and one two-bedroom with den.

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Lido Key Income-Producing Portfolio
Lido Key Income-Producing Portfolio

170 ROOSEVELT Dr 10, Sarasota, FL 34236

$1,300,000

Turnkey short-term rental portfolio on South Lido Key.

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Modern Top-Floor Condo Near Downtown
Modern Top-Floor Condo Near Downtown

1703 N TAMIAMI TRAIL 504, Sarasota, FL 34234

$550,000
858 sqft

New construction condo with flexible rental options and community amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Sarasota Lakes RV Lot
Sarasota Lakes RV Lot

1674 UNIVERSITY Pkwy, Sarasota, FL 34243

$170,000

RV lot in gated resort community with amenities.

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Land
Land

59 INDIANA St, Palmetto, FL 34221

$45,000

Recreation land

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Paved RV Lot in Community
Paved RV Lot in Community

29 MONTEGO DRIVE, Palmetto, FL 34221

$69,000

RV lot in 55+ waterfront community with boating amenities.

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Vacant Land in Nokomis Manor
Vacant Land in Nokomis Manor

OLIVE Avenue, Nokomis, FL 34275

$90,000
0.19 AC lot

Vacant parcel with no HOA near beaches and conveniences.

View details

Off-Market Properties in Longboat Key, FL

Consider similar Off-Market properties in Longboat Key, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4651 Gulf Of Mexico Dr, Unit 303
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 303
$560,000
Estimated value
4,012 sqft
View details
4651 Gulf Of Mexico Dr, Unit 402
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 402
$4,325,000
Estimated value
3,989 sqft
View details
4651 Gulf Of Mexico Dr, Unit 103
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 103
$4,660,000
Estimated value
4,024 sqft
View details
5541 Gulf Of Mexico Dr, Unit A
APARTMENT HOUSE (UNDER 5 UNITS)

5541 Gulf Of Mexico Dr, Longboat Key, FL 34228-1903

Unit A
$7,150,000
Estimated value
14,005 sqft 0.96 AC lot
View details
650 Gulf Bay Rd
APARTMENT HOUSE (UNDER 5 UNITS)

650 Gulf Bay Rd, Longboat Key, FL 34228-1856

$615,000
Estimated value
1,574 sqft 0.21 AC lot
View details
660 Gulf Bay Rd
APARTMENT HOUSE (UNDER 5 UNITS)

660 Gulf Bay Rd, Longboat Key, FL 34228-1857

Value Estimation by Request
1,574 sqft 0.21 AC lot
View details
302 Shr Dr
Multifamily properties

302 Shr Dr, Longboat Key, FL 34216

Value Estimation by Request
View details
4651 Gulf Of Mexico Dr, Unit 404
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 404
$560,000
Estimated value
3,989 sqft
View details
4651 Gulf Of Mexico Dr, Unit 403
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 403
$560,000
Estimated value
3,989 sqft
View details
4651 Gulf Of Mexico Dr, Unit 304
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 304
$560,000
Estimated value
4,012 sqft
View details
4651 Gulf Of Mexico Dr, Unit 302
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 302
$560,000
Estimated value
4,012 sqft
View details
4651 Gulf Of Mexico Dr, Unit 204
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 204
$555,000
Estimated value
3,943 sqft
View details
4651 Gulf Of Mexico Dr, Unit 203
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 203
$555,000
Estimated value
3,943 sqft
View details
4651 Gulf Of Mexico Dr, Unit 202
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 202
$555,000
Estimated value
3,943 sqft
View details
4651 Gulf Of Mexico Dr, Unit 104
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 104
$560,000
Estimated value
4,024 sqft
View details
4651 Gulf Of Mexico Dr, Unit 102
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit 102
$560,000
Estimated value
4,024 sqft
View details
4651 Gulf Of Mexico Dr, Unit PH4
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit PH4
$560,000
Estimated value
3,989 sqft
View details
4651 Gulf Of Mexico Dr, Unit PH1
HIGH-RISE APARTMENTS

4651 Gulf Of Mexico Dr, Longboat Key, FL 34228-2101

Unit PH1
$560,000
Estimated value
4,024 sqft
View details

Longboat Key, FL Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Longboat Key, FL on our real estate platform. These investment opportunities span a total of 2,142 square feet of properties for sale, with an estimated market value of $1,817,000.

Sale prices for multifamily properties in Longboat Key, FL start at $619,000, averaging $908,500, and reaching up to $1,198,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 3

Demographics Overview

Population 7,512
Population Growth (5Y) +3.9%
Median Household Income $143,365

High-Yield Neighborhoods for Investment

Identify Longboat Key submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
34228 $729.1K

Taxes & Financing

Tax Rate (average for all types) 1.25%
Property Tax per SF $10.59 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manatee County

New Delisted

Total CRE Inventory on Market (SF)

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