Residential Property - Single Family Residence in Longboat Key
SOLD for $3,650,000 on May 29, 2019
Listing Price: $3,750,000Sold Price: $3,650,000Sold Price/List Price: 97%
Description of Property
Offering 1.4 pristine acres and 110 feet on the aquamarine Gulf of Mexico, this is a magnificent opportunity for development on Longboat Key. Reminiscent of old Florida, the four beachfront rental cottages on the site that may provide rental income, while allowing space for a new residence to be constructed. Endless possibilities are presented to the innovative buyer with a vision to develop a dream Florida property positioned to experience glorious sunsets over the sparkling Gulf. This property is set just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as well as the opera, ballet, theatres and artistic attractions of downtown Sarasota. No sign on property
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Sleepy Lagoon 2
Bedrooms: 7
Bathrooms: 4
Sq. Ft. Gross: 4,796
Sq. Ft. Living Area: 3,994
Cost per (heated) sqare foot: $939
Year built: 1950
Annual Tax: $46,284
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances:
- Microwave
- Range
- Refrigerator
Accessibility Features:
Window Features: Blinds
Additional Rooms:
Ceiling Type:
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Beach - Public
Water Access: Yes
Water Access Type: Beach - Public
Water View: Gulf/Ocean - Full
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style: Bungalow
Construction: Block, Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Parking Features: Driveway, None
Floors Total:
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: None
Association Amenities:
Lot Information
Lot Features: In County, Oversized Lot
Lot Size (acres): 1.46
Lot Size (sq. ft.): 63,800 square feet
Lot Dimensions: 110.0X580.0
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, Trade, Other
Parcel Number: 7848700006
Zoning: R1SF
Tax Legal Desc.: LOT 1 & S 20 FT OF LOT 2 SLEEPY LAGOON NO 2; BEING ALSO DESC BY SPECIAL WARRANTY DEED REC IN OR 2272/4805 AS FOLLOWS: BEG AT A CONC MONU AT INTERSEC OF WLY LN OF RINGLING BLVD (GULF OF MEXICO DR) WITH S LN OF SLEEPY LAGOON (PB 7, P 41, PRMCF); TH RUN NWLY
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.