NOT LISTED FOR SALE

25 Lighthouse Point Dr Longboat Key, FL 34228

Estimated Value: $5,731,000 - $7,151,790

4 Beds
6.5 Baths
6,025 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $5,200,000 $863 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $42,673/month

236 Days on Market

Highlights

  • 154 Feet of Lagoon Waterfront
  • Boat Dock
  • Boat Slip Deeded
  • Southside Elementary School Rated A
  • Access To Lagoon or Estuary
  • Boat Lift

About This Home

As of March 2022

One or more photo(s) has been virtually staged. Back on the market - buyer financing fell through. This house is all about the location, location, location. Situated in the exclusive, gated 16 home enclave on the southernmost tip of Longboat Key called Lighthouse Point. All the amenities of the Longboat Key Club are mere feet away such as the golf course, tennis courts, fitness center, spa, restaurants and of course, the private, white, idyllic beach along the Gulf of Mexico. Located on a protected lagoon, filled with snook, sheepshead & dolphins and that connects to the Gulf of Mexico with no other homes in sight, privacy and protection is yours. There is room for every imaginable water “toy” on the dock in your backyard: jet skis, boats, paddle boards, and kayaks. Whether loving the home as it is, remodeling or building new, the lifestyle is unparalleled.

Last Agent to Sell the Property

Sherri Mills

MICHAEL SAUNDERS & COMPANY License #3042812 Listed on: 06/11/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Darren Dowling

BEYOND REALTY LLC License #3338622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,484

Year Built

  • Built in 2003

Lot Details

  • 0.39 Acre Lot
  • 154 Feet of Lagoon Waterfront
  • Cul-De-Sac
  • Southeast Facing Home
  • Private Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned GPD

HOA Fees

  • $409 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Stem Wall Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,025 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Bar
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Loft
  • Inside Utility
  • Lagoon Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Access To Lagoon or Estuary
  • Rip-Rap
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, ground maintenance, management, private road, security
  • Debbie Ilstrup Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Lighthouse Point Community
  • Lighthouse Point Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,484

Year Built

Built in 2003

Lot Details

0

HOA Fees

$409 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Grounds, Management, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 6025
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 7754
  • Lot Size Sq Ft: 16941
  • Directions to Property: At the first traffic light on the southern tip of Longboat Key, turn left, go through guard gate and turn at first left. Pass Longboat Key Club and Sands Point. You will run into the Lighthouse Point entrance/gate. Once through the gate, follow road to the left. House is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: S. Orange Avenue Suite 201
  • Escrow Street Number: 713
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 863.07
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Living Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 25
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Inside Utility,Loft
  • Living Area Meters: 559.74
  • Room Count: 9

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Balcony, French Doors, Irrigation System, Outdoor Grill
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: NEW PASS
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Lagoon
  • Water Extras: Dock - Slip Deeded On-Site,Lift,Riprap
  • Water Extras YN: 1
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 154
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Lagoon: 154

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Water Access, Waterfront
  • Association Amenities: Dock, Gated
  • Association Fee: 1228
  • Association Fee Frequency: Quarterly
  • Association Name: Debbie Ilstrup
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Gated Community, Security System
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: debbieilstrup@mgmt.tv
  • Association URL: www.lighthousepropertymanagement.net

Fee Information

  • Total Annual Fees: 4912.00
  • Total Monthly Fees: 409.33
  • Monthly HOA Amount: 409.33

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013030007
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, FloodZone, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1574
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Application to Lighthouse Property

Tax Info

  • Tax Annual Amount: 51483.64
  • Tax Book Number: 33-46
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lagoon
  • Approval Process: Approval required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Mar 18, 2022
Sold by
Janet B Schaberg Revocable Trust
Bought by
Laurie Branch Revocable Trust
Seller's Agent
Sherri Mills
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Darren Dowling
BEYOND REALTY LLC
List Price
$5,200,000
Sold Price
$5,200,000
Current Estimated Value
$6,654,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,263
Avg. Annual Appreciation
7.78%
Original Mortgage
$3,200,000
Outstanding Balance
$3,100,458
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$3,553,805

Purchase Details

Closed on
Oct 2, 2008
Sold by
Schaberg Janet B and Schaberg Burl R
Bought by
Schaberg Janet B and The Janet B Schaberg Revocable Trust

Purchase Details

Closed on
Mar 1, 2007
Sold by
Fred R Niedrich Sales Inc
Bought by
Walsh Janet B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
J R Jax Inc
Bought by
Fred R Neidrich Sales Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.75%
Source: Public Records

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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
Laurie Branch Revocable Trust $5,200,000 Michael J Belle Pa
Schaberg Janet B -- Attorney
Walsh Janet B $4,600,000 Attorney
Fred R Neidrich Sales Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurie Branch Revocable Trust $3,200,000
Previous Owner Walsh Janet B $3,000,000
Previous Owner Walsh Janet B $450,000
Previous Owner Niedrich Fred R $300,000
Previous Owner Fred R Niedrich Sales Inc $3,120,000
Previous Owner Fred R Neidrich Sales Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $5,200,000 0.0% $863 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $5,200,000 0.0% $863 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
09/21/2021 09/21/21 Price Changed $5,200,000 0.0% $863 / Sq Ft
09/21/2021 09/21/21 For Sale $5,200,000 0.0% $863 / Sq Ft
09/20/2021 09/20/21 Off Market $5,200,000 -- --
06/11/2021 06/11/21 For Sale $5,600,000 -- $929 / 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 $64,043 $6,065,900 $2,825,100 $3,240,800
2023 $64,043 $4,712,300 $2,451,400 $2,260,900
2022 $63,100 $4,574,900 $2,403,400 $2,171,500
2021 $51,484 $3,577,891 $0 $0
2020 $52,092 $3,528,492 $0 $0
2019 $49,636 $3,449,161 $0 $0
2018 $49,048 $3,384,849 $0 $0
2017 $48,792 $3,315,229 $0 $0
2016 $48,739 $3,468,300 $1,643,200 $1,825,100
2015 $49,764 $3,295,200 $1,616,400 $1,678,800
2014 $49,778 $3,151,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4503359

Stellar MLS

APN: 0013-03-0007