Off-Market~$110K Spread

2BR / 1BA Mobile Home — Beach-to-Bay Community, Longboat Key

Sarasota County · Longboat Key (34228)
Starting at $103,900

A beach-to-bay community on Longboat Key with private Gulf beach access — and rules you must read before you offer.

About This Property

Longboat Key at under six figures exists for one reason: this is a mobile home in a beach-to-bay co-operative community, not a house on its own lot. It is 684 square feet, two bedrooms and one bath, built 1965, with parking for two cars and an outdoor shower. The community provides private sandy Gulf beach access, a marina and a pool. The seller states it needs a full renovation throughout.

Three things decide whether this works for you, and none of them are optional reading. The community does not permit rentals — per the seller — which removes the buy-and-hold exit entirely and leaves resale as the only way out. It also does not permit pets. The association fee is $290, covering grounds, management, pool, private road maintenance, sewer, trash and water. And mobile-home construction narrows your financing and your eventual buyer pool to cash or specialty lenders. Confirm all of it against the association documents before you offer.

Property Details

  • Property typeMobile home in a co-operative community
  • Bedrooms2
  • Bathrooms1
  • Living area684 sq ft
  • Year built1965
  • Association fee$290 — grounds, management, pool, private road, sewer, trash, water
  • CommunityPrivate Gulf beach access, marina, pool
  • ParkingTwo cars, plus outdoor shower
  • Street addressOn record — released to registered buyers

Condition & Scope

  • RentalsNot permitted by the community (per seller) — resale is the only exit
  • PetsNot permitted (per seller)
  • Construction⚠ Mobile home — cash or specialty financing; narrower buyer pool
  • ScopeFull renovation throughout; no budget established by the seller
  • DocumentsConfirm rules, fees and reserves against the association documents before offering

Comparables

  • Seller-provided after-repair value of $215,000 — not independently verified by us
  • Seller reports an assessed value of $100,000
  • ⚠ No renovation budget has been established, and the seller describes a full renovation throughout

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

  • Accepted financingCash · hard-money / private
  • Proof of fundsRequired with offer
  • Earnest moneyDue at contract signing
  • Closing costsTypically buyer-paid
  • TimelineQuick close preferred

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.

How It Works

Is this property on the MLS?

No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.

Can I walk the property before I offer?

Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.

What do I need to lock it up?

A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.

Do you have comps and a full numbers breakdown?

ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.

How quickly can we close?

As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.

To schedule a walkthrough or submit an offer, contact:
Stephen Tilton — FLA Private Deals
📲 407-955-2759  |  📧 StephenLifeFL@gmail.com
Unlock Address & Numbers

All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.