540 Harbor Gate Way, Longboat Key, FL 34228 - A4548328 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$4,500,000 $891.44 per sqft

Free Professional CMA

Listing ID : A4548328

  • Beds

    5
  • Baths

    6/1
  • Garage

    3
  • Structure / Lot Size

    5,048 Sqft / 19,166 Sqft
  • Year

    1991

Description

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.

Details

Type: Single-Family Sale 
Subdivision: Bay Isles 
MLS Area: 34228 - Longboat Key 
County: Sarasota 
HOA Dues: $2,700 / Annually 
Community Features: Buyer Approval Required, Deed Restrictions, Gated Community 
Tax ID: 0008150005
Annual Taxes: $23,171
Pet Policy: Buyer to verify withi HOA 
Furnished: Unfurnished 
Building Size: 6,312 SqFt 
Pool: Yes
Days on Market: 77 
Appliances: Other 
Architecture Style: Custom 
Attached Garage: Yes
Cooling: Central Air 
Direction Faces: Southwest 
Exterior Features: Balcony, French Doors, Irrigation System 
Flooring: Other 
Foundation: Slab, Stem Wall 
Heating: Central, Electric 
Interior Features: Other 
Parking Spaces: 3 
Property Type: Residential Sale 
Roof: Tile 
Sub Type: Single Family Residence 
Utilities: Cable Available, Electricity Available, Water Available 
Water Access: Bay/Harbor, Beach - Access Deeded 
Water Extras: Dock - Slip Deeded On-Site, Seawall - Other 
Water View: Canal 
Zoning: PD 

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Interactive

27.355461 -82.610764 $4,500,000 A4548328
540 Harbor Gate Way, Longboat Key, FL 34228
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Area Information 34228

Population:

4,345 Up .15% since 2010
Average Income:
$186,146
Average Age:
70Years
Gender:
47.46%Male
52.54%Female
Households:
2,4872.42% with children
Average Value:
$1,299,484
Occupancy:
90.67%Owned
9.33%Rented
52.75%Vacant
Education:
14.57%High School
7.8%Associate
36.16%Bachelor
26.4%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
53.04Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High

Tax Assessments

Value

  • Land -
  • Improvements -

  • Total $1,701,999

Property Tax

  • 2021 $23,172

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Listed by Stacy Hanan with MICHAEL SAUNDERS & COMPANY