Residential Property - Single Family Residence in Longboat Key
SOLD for $3,600,000 on April 14, 2023
Listing Price: $3,999,000Sold Price: $3,600,000Sold Price/List Price: 90%
Sold Price/Original List Price: 80%
Description of Property
Don’t miss this opportunity to live on a quiet cul-de-sac street located in the 24 hour security gated Harbor Section of Bay Isles, the premier neighborhood of Longboat Key. This property boasts 199’ of waterfront on an oversized lot and deep-water canal with no bridges to Sarasota Bay. The seawall and dock can accommodate very large boats, up to 80’ and possibly even larger, while the spectacular views will appeal to everyone. This sprawling landscaped property with a stately paver drive is well-positioned on an exclusive cul-de-sac. The existing home was under renovation when the owner decided to sell at lot value rather than move forward with their project. Currently, the grand, elevated façade of the 5000+ sq ft home makes a stunning first impression with double-doors revealing a spacious open design and soaring ceilings. An efficient floorplan and ample natural light add to the initial appeal. While bringing your own vision and artistic touches remains an option, a completely new build will maximize the potential of this spectacular location. An added benefit is the association is responsible for the seawall for the entire community. Residents enjoy all the benefits of Bay Isles just across the street, with miles of walking paths and membership to the private Bay Isles Beach Club. Savor the laidback luxury and island lifestyle that Longboat Key is known for with nearby restaurants – some with waterside dining, St. Armands Circle, and the cultural epicenter of downtown Sarasota. This rare offering truly represents the best of Longboat Key.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Sarasota
Subdivision: Bay Isles
Bedrooms: 5
Bathrooms: 6
Half Baths: 1
Sq. Ft. Gross: 6,312
Sq. Ft. Living Area: 5,048
Cost per (heated) sqare foot: $792
Year built: 1991
Annual Tax: $23,172
HOA Fee: $2,700 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Other
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features:
Additional Rooms: Bonus Room
Ceiling Type:
Flooring: Other
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Riverview High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features:
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Bay/Harbor, Beach - Access Deeded
Water View: Canal
Water Name: Sarasota Bay
Exterior & Construction
Property Features:
Architectural Style: Custom
Rooms: 4
Construction: Block, Stucco
Foundation: Slab, Stem Wall
Roof: Tile
- Balcony
- French Doors
- Irrigation System
Garage: Yes
Garage Spaces: 3
Parking Features: Driveway
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Cable Available
- Electricity Available
- Water Available
Sewer: Public Sewer
Water Source: Public
Community Features:
- Buyer Approval Required
- Deed Restrictions
- Gated Community
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.44
Lot Size (sq. ft.): 19,112 square feet
Front Exposure: Southwest
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0008150005
Zoning: PD
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 5 BAY ISLES UNIT 1
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.