NOT LISTED FOR SALE

1620 Harbor Cay Ln Longboat Key, FL 34228

Estimated Value: $3,018,000 - $3,583,000

0.34 Acre
$9,963,950 Price per Acre
14,810 Sq Ft Lot

Last Sold February 01, 2021

Last sale price $2,475,000

Est. 37% increase in value since last sale

Current estimated payment $21,477/month

13 Days on Market

Highlights

  • Community Beach Access
  • Water Access
  • Gated Community
  • Southside Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Property is near a golf course

About This Lot

As of February 2021

Build your dream home directly on Sarasota Bay! Unique opportunity, the only Vacant Buildable Lot in Bay Isles or on South Longboat Key with 100 feet of boating water frontage providing dockage for a very large boat! Located within gated Bay Isles in the beautiful Harbor Section, which is behind a second security gate adjacent to the South Entry to Bay Isles. This Harbor Section community of 67 single-family estate-style homes are all on boating water and is one of nicest neighborhoods on Longboat Key. Bay Isles is situated on the southern portion of the island, not far from St. Armands Circle and downtown Sarasota.
Ownership in Bay Isles also includes membership in the Bay Isles Beach Club, a private beach facility located in the southern portion of the island and directly on the Gulf of Mexico. The Beach Club has a large, covered pavilion with restrooms, BBQ cooking areas, beach volleyball, small covered lanais for picnics and over 200 feet of Longboat Key's beautiful white sand beach and the stunning Gulf of Mexico.

Last Agent to Sell the Property

Mike Greve

THE BOB STANLEY GROUP License #3202158 Listed on: 12/11/2020

Last Buyer's Agent

Ryan Ackerman

COLDWELL BANKER REALTY License #0695084

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,436

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • Southwest Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned PD

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Water Views

Location

  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 0008090004

Community Details

Overview

  • Association fees include 24-hour guard, escrow reserves fund, manager, private road, security
  • Bay Isles Hoa/ Neil Fleet, Manager Association, Phone Number (941) 383-3200
  • Bay Isles Community
  • The community has rules related to deed restrictions

Recreation

  • Community Beach Access
  • Water Access
  • Property is near a marina

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$15,436

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Escrow Reserves Fund, Manager, Private Road, Security
  • Property Type: Land
  • Property Sub Type: Residential
  • Water Extras: Bridges - No Fixed Bridges, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 15000
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: Southwest
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 100
  • Water Access: Bay/Harbor, Beach - Private, Beach - Public, Canal - Saltwater, Intracoastal Waterway
  • Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0126F
  • Water Access: Yes
  • Road Frontage Type: City Street, Private Road
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Natural Gas Available, Sewer Available, Street Lights, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Bay Isles
  • Community Features: Beach Area, Curbs, Deed Restrictions, Gated Community, Water Access, Waterfront, Waterfront Complex
  • Monthly HOA Fees: 225.00
  • Association Amenities: Gated
  • Association Fee: 2700.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: Bay Isles HOA/ Neil Fleet, Manager
  • Phone: 941-383-3200
  • Association: Yes
  • Security: Gated Community
  • Association Email: NFleet@amiwra.com

Fee Information

  • Other Fees Amount: 1624
  • Other Fees Term: Annual
  • Amenities Additional Fees: Ownership includes membership in the Bay Isles Beach Club.
  • Waterfront Frontage: 100
  • Total Annual Fees: 4324.00
  • Total Monthly Fees: 360.33

Schools

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

Lot Info

  • Price Per Acre: 7279412
  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: PD
  • Parcel Number: 0008090004
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Fire Hydrant, In City Limits, Level/Flat, Near Golf Course, Near Marina, Street Dead-End, Street Lights, Street Paved, Street Private
  • Lot Dimensions: 100 X 150
  • Lot Size Square Meters: 1394

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 15436.00
  • Tax Book Number: 23-35
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 1, 2021
Sold by
Shelby Janet Llc
Bought by
Donato Christopher J and Donato Stephanie F
Seller's Agent
Mike Greve
THE BOB STANLEY GROUP
Buyer's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
List Price
$2,750,000
Sold Price
$2,475,000
Premium/Discount to List
-$275,000
-10%
Current Estimated Value
$3,387,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,743
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jul 7, 2010
Sold by
Abraham & Sweeney Pa
Bought by
Costello Kevin S

Purchase Details

Closed on
Jun 29, 2010
Sold by
Abraham & Sweeney Pa
Bought by
Costello Kevin S

Purchase Details

Closed on
Jan 21, 2010
Sold by
Schmidt Stan C and Schmidt Carol
Bought by
Schmidt Family Land Trust #1620

Purchase Details

Closed on
Apr 22, 2005
Sold by
Miller Lloyd A and Hoyt James E
Bought by
Schmidt Stan C and Schmidt Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Donato Christopher J $2,475,000 Attorney
Costello Kevin S $852,500 Attorney
Costello Kevin S $852,500 Attorney
Schmidt Family Land Trust #1620 -- Attorney
Schmidt Stan C $1,252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Stan C $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $2,475,000 -10.0% --
12/24/2020 12/24/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $2,750,000 -- --
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 $38,639 $3,038,794 -- --
2023 $38,639 $3,170,300 $3,150,000 $20,300
2022 $33,258 $2,511,400 $2,492,600 $18,800
2021 $22,237 $1,918,800 $1,900,000 $18,800
2020 $17,263 $1,208,800 $1,190,000 $18,800
2019 $15,436 $1,078,400 $1,060,000 $18,400
2018 $18,530 $1,357,700 $1,350,000 $7,700
2017 $17,959 $1,120,329 $0 $0
2016 $16,689 $1,236,000 $1,230,000 $6,000
2015 $16,441 $1,255,800 $1,250,000 $5,800
2014 $12,718 $765,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Greve

    THE BOB STANLEY GROUP

    (941) 726-4242

    5 in this area

    5 Total Sales

    Mike Greve
    Section Image
  • Ryan Ackerman

    Buyer's Agent in 2021

    Ryan Ackerman

    COLDWELL BANKER REALTY

    (305) 205-7700

    75 in this area

    173 Total Sales

    Ryan Ackerman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4486352

Stellar MLS

APN: 0008-09-0004

Florida Sarasota County Longboat Key 34228

1620 Harbor Cay Ln, Longboat Key, FL

This home is located at 1620 Harbor Cay Ln, Longboat Key, FL 34228 since 11 December 2020 and is currently estimated at $3,387,743. 1620 Harbor Cay Ln is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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