NOT LISTED FOR SALE

1590 Harbor Cay Ln Longboat Key, FL 34228

Estimated Value: $5,232,000 - $7,430,000

5 Beds
6.5 Baths
6,076 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $3,825,000 $630 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $36,326/month

355 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Southside Elementary School Rated A
  • Golf Course Community
  • Boat Lift

About This Home

As of March 2019

New construction Bayfront located in Bay Isles with double gated entrance in the secluded Harbor section. An open and inspiring floor plan features flowing living spaces perfectly planned to take full advantage of the Bay and city views plus sliding doors opening to the outdoor terraces. The boat enthusiast will appreciate the deep and protected channel, seawall frontage and dockage that can accommodate a large boat plus a boat lift. A private and large master suite with gorgeous views features an extraordinary master bath enhanced by porcelain tile from Italy and cabinets imported from Spain and Italy. In addition the master suite includes his-and-her closets, a morning bar and spacious TV sitting area adjacent to the terrace with captivating Bay and city views. Four additional private en-suite bedrooms are perfect for family living. A gourmet chef's kitchen showcases totally custom imported cabinetry from Germany, top-of-the-line appliances, plus a walk-in pantry. There is a wine room plus a three car garage and an elevator servicing all floors. Amazing designer wall coverings and stone accents are visible in all areas of this beautiful, exquisite home. The attractive exterior features a heated pool setting and multiple terraces for outdoor entertaining. A pool bath with shower adjoins the pool setting. Bay Isles community living includes a private beach club membership. Membership opportunities to the Longboat Key Club are also available offering golf, tennis, fine dining and spa facilities.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 02/13/2018

Last Buyer's Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY License #3103707

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,055

Year Built

  • Built in 2015

Lot Details

  • 0.35 Acre Lot
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property is zoned PD

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,076 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • White Water Ocean Views

Kitchen

  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan

Pool

  • Heated Pool
  • Auto Pool Cleaner

Outdoor Features

  • Access to Bay or Harbor
  • Deeded access to the beach
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Minimum Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road, security
  • $204 Other Monthly Fees
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community

Security

  • Security Service
  • Gated Community

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,055

Year Built

Built in 2015

Lot Details

0

HOA Fees

$183 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 6076
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2015
  • Building Area Total: 7988
  • Lot Size Sq Ft: 15406
  • Directions to Property: Gulf of Mexico Drive to South Bay Isles Guard Gate. The guard will open the gates to the Harbor Section immediately on the right. Take Harbor Sound Drive to Harbor Cay Drive on Left. House second home to the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210282&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210282&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 2450
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 629.53
  • Close to Original List Price Ratio: 0.85095
  • Ratio: Current Price\Building Area Total: 478.84
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Window Features: Blinds
  • Street Number Modifier: 1590
  • Room Count: 11
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Auto Cleaner, Heated
  • Exterior Features: Sliding Doors, Balcony
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Access Deeded, Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock w/Electric, Lift, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf
  • Association Amenities: Gated, Security
  • Association Fee: 2200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Other Fees Term: Annual
  • Amenities Additional Fees: 2,780.25 calculated as follows:2,200 per YEAR for Harbor Association & 2321.02 per YEAR for Bay Isles Master Association.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4650
  • Monthly HOA Fee: 183.33
  • Total Monthly Fees: 387.5

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: PD
  • Parcel Number: 0008090007
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 44055
  • Tax Book Number: 23-35
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Jane A Spencer Trust
Bought by
James A Spencer Declaration Of Trust and Spencer
Current Estimated Value
$6,130,087

Purchase Details

Closed on
Oct 27, 2021
Sold by
Suncoast Executive Storage Llc
Bought by
Spencer James A

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 29, 2019
Sold by
Butterfield Jean
Bought by
Spencer Jane A and Jane A Spencer Trust
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Julie Klick
MICHAEL SAUNDERS & COMPANY
List Price
$4,495,000
Sold Price
$3,825,000
Premium/Discount to List
-$670,000
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Hanson Steven R
Bought by
Butterfield Andre and Butterfield Jean

Purchase Details

Closed on
Dec 16, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Hanson Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,300
Interest Rate
4.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 5, 2010
Sold by
Kachinas Matthew J
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jan 26, 2000
Sold by
Hale Joyce J
Bought by
Kachinas Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
8.02%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James A Spencer Declaration Of Trust -- None Listed On Document
Spencer James A $299,000 Attorney
Spencer Jane A $3,825,000 Attorney
Butterfield Andre $1,125,000 Attorney
Hanson Steven R $759,000 Fidelity National Title Of F
Chase Home Finance Llc $150,001 None Available
Kachinas Matthew J $349,100 --
Kachinas Matthew J $261,800 --
Kachinas Matthew J $261,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Steven R $493,300
Previous Owner Kachinas Matthew J $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $3,825,000 -10.0% $630 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $4,250,000 -5.5% $699 / Sq Ft
02/13/2018 02/13/18 For Sale $4,495,000 -- $740 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $42,168 $3,346,015 -- --
2023 $42,168 $3,248,558 $0 $0
2022 $41,456 $3,153,940 $0 $0
2021 $42,202 $3,063,395 $0 $0
2020 $42,543 $3,021,100 $1,216,800 $1,804,300
2019 $37,666 $2,664,000 $1,083,800 $1,580,200
2018 $43,871 $3,095,900 $1,386,200 $1,709,700
2017 $44,055 $2,958,786 $0 $0
2016 $40,903 $2,880,000 $1,263,100 $1,616,900
2015 $17,077 $1,286,200 $1,280,000 $6,200
2014 $13,477 $811,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4210282

Stellar MLS

APN: 0008-09-0007