Listing IDA4548501
Price$3,999,000$501K
StatusActive
SqFt
19,112
Acres
0.440
CountySarasota
SubdivisionBay Isles
Property TypeLots and Land
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.
County
Sarasota
Price Before Reduction
4500000
Price Reduction Date
2023-03-13T19:09:19+00:00
Property Type
Lots and Land
Subdivision
Bay Isles
Zoning
PD
Front Footage
51
Lot Features
Cul-De-Sac
Lot Size Dimensions
51x150x199x151
Lot Size Square Meters
1776
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Water Access
yes
Water Access Type
Bay/Harbor, Beach - Access Deeded
Water Extras
yes
Water Extras Type
Dock - Slip Deeded On-Site, Seawall - Other
Water Frontage Canal Salt Feet
199
Water Source
Public
Water View
yes
Water View Type
Canal
Waterfront
no
Waterfront Feet Total
199
Association
yes
Association 2
1
Association Name
Bay Isles - David Cromwell
Association Name 2
Bay Isles
Community Features
Deed Restrictions, Gated, Golf
Country
US
Direction Faces
Southwest
Elementary School
Southside Elementary
Flood Zone Code
AE
High School
Riverview High
Middle Or Junior School
Booker Middle
MLS Area Major
34228 - Longboat Key
Subdivision Number
1912
SW Subdivision Community Name
Bay Isles
Township
36S
Water Body Name
SARASOTA BAY
Association Fee
2700
Association Fee 2
2562
Association Fee 2 Frequency
Annually
Association Fee Frequency
Annually
Association Fee Requirement
Required
Current Price
3999000.00
For Lease
no
Listing Exclusion
1
Listing Terms
Cash, Conventional
Monthly HOA Amount
225.00
Ownership
Fee Simple
Price Per Acre
9088636
Ratio Current Price By Calculate
209.24
Special Listing Conditions
None
Tax Annual Amount
23172
Tax Book Number
23-35
Tax Lot
5
Tax Year
2021
Total Annual Fees
5262.00
Total Monthly Fees
438.50
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Monday, March 27th, 2023 at 04:38:06 PM.
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