NOT LISTED FOR SALE

3221 Bayou Way Longboat Key, FL 34228

Estimated Value: $1,175,000 - $1,449,658

3 Beds
3.5 Baths
2,639 Sq Ft
$507/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $1,400,000 $531 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,171/month

136 Days on Market

Highlights

  • Golf Course Community
  • Deeded access to the beach
  • Custom Home
  • Southside Elementary School Rated A
  • In Ground Pool
  • Property is near public transit

About This Home

As of September 2024

One or more photo(s) has been virtually staged. Welcome to The Bayou a prestigious Bay Isles community on enchanting Longboat Key. Set amongst just 120 single-family home sites, this exquisite 3BR/3.5BA, 2,639 sq.-ft., 2-story home with a newer 2022 roof presents a haven of resort-style living with unparalleled amenities. Ascend the stepped walkway leading to the double door entry, where the magic unfolds to revealing a fabulous open, split plan designed for entertaining, with a great room adorned with soaring ceilings, transom windows, skylights and a wall of sliders that beckon the natural light inside. Gleaming wood floors harmonize with the overall neutral tones, creating a comforting and inviting ambiance. The spacious kitchen features an abundance of storage and cabinet space, stone countertops, a tile backsplash and an adjacent eat-in area surrounded by glass, bathing the space in an abundance of natural light. The great room seamlessly opens to the heart of the home, boasting a fireplace that adds a touch of warmth to the living space. The split plan places the primary suite on the opposite side of the guest rooms, offering a sanctuary of tranquility. The primary suite boasts vaulted ceilings, French doors leading to the terrace, a cozy sitting area and a spacious primary bath with dual vanities and a large walk-in shower featuring dual shower heads. Step outside to the expansive outdoor area, a tropical oasis perfect for both entertaining and relaxation. A soaring 2-story covered deck overlooks the pool, surrounded by stately paver bricks and lush tropical landscaping that enhances the sense of privacy and serenity poolside. Residents of The Bayou have access to all the amenities of Bay Isles and its fabulous beach club. Longboat Key Golf & Tennis Country Club membership and Harbourside Moorings deepwater slips are available.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0342109 Listed on: 03/04/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Annette Kirshner

EXIT KING REALTY License #0431567

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,713

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Property is near a marina
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Pine View Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, ground maintenance, private road, security
  • David Novak Association, Phone Number (941) 306-1118
  • Bay Isles Master Association, Phone Number (941) 383-3200
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,713

Year Built

Built in 1981

Lot Details

0

HOA Fees

$199 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2639
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 7099
  • Lot Size Sq Ft: 14308
  • Directions to Property: From John Ringling Causeway, take first exit on St. Armands Circle onto N. Blvd. of the Presidents and continue onto Gulf of Mexico Drive. Turn right onto Bay Isles Pkwy. Turn left onto Harbourside Drive. Turn left onto Bayou Sound, and right onto Bayou Road. Turn left onto Bayou Way.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 4 Months
  • RATIO Current Price By Calculate: 530.50
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Skylight(s), Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 3221
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 245.17
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Garden, Pool
  • Waterfront: No
  • Patio and Porch Features: Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community - Guard, Golf, Sidewalks
  • Association Fee: 1394
  • Association Fee Frequency: Annually
  • Association Name: DAVID NOVAK
  • Phone: 941-306-1118
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 1000
  • Association #2 Fee Frequency: Annually
  • Association: BAY ISLES MASTER ASSOCIATION
  • Association Phone #2: 941-383-3200
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: David@Longboatps.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 2394.00
  • Total Monthly Fees: 199.50
  • Monthly HOA Amount: 116.17

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0005010021
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1329

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: PER ASSOCIATION GUIDELINES

Tax Info

  • Tax Annual Amount: 10713.11
  • Tax Block: C
  • Tax Book Number: 24-5
  • Tax Lot: 16

Multi Family

  • Approval Process: APPLICATION REQUIRED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Sep 16, 2024
Sold by
Selzer John L and Selzer Linda F
Bought by
Steinberg Steven and Steinberg Leslie
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Annette Kirshner
EXIT KING REALTY
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Views
59
Current Estimated Value
$1,339,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,835
Avg. Annual Appreciation
-3.96%
Original Mortgage
$1,120,000
Outstanding Balance
$1,105,269
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$233,896

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 31, 2020
Sold by
Merlins Keep South Llc
Bought by
Selzer John L and Selzer Linda F
Seller's Agent
Sara Ferguson
COMPASS FLORIDA LLC
Buyer's Agent
Eileen Gillen
COLDWELL BANKER REALTY
List Price
$829,000
Sold Price
$820,000
Premium/Discount to List
-$9,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Ryan Michael B
Bought by
Merlin S Keep South Llc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Derr Frederick M and Derr Teresa E
Bought by
Ryan Michael B
Source: Public Records

Range of Values:

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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
Steinberg Steven $1,400,000 None Listed On Document
Selzer John L $820,000 Attorney
Merlin S Keep South Llc $860,000 None Available
Ryan Michael B $655,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinberg Steven $1,120,000
Previous Owner Selzer John L $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $1,400,000 -11.1% $531 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $1,575,000 -4.5% $597 / Sq Ft
03/04/2024 03/04/24 For Sale $1,650,000 +101.2% $625 / Sq Ft
07/31/2020 07/31/20 Sold $820,000 -1.1% $311 / Sq Ft View Prior Sale
06/03/2020 06/03/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $829,000 0.0% $314 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $829,000 -2.4% $314 / Sq Ft
03/06/2020 03/06/20 Price Changed $849,000 -4.1% $322 / Sq Ft
02/27/2020 02/27/20 Price Changed $885,000 -2.7% $335 / Sq Ft
01/13/2020 01/13/20 Price Changed $910,000 -2.7% $345 / Sq Ft
10/28/2019 10/28/19 Price Changed $935,000 -2.6% $354 / Sq Ft
06/13/2019 06/13/19 For Sale $960,000 -- $364 / 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 $10,713 $883,294 -- --
2023 $10,713 $857,567 $0 $0
2022 $10,059 $797,735 $0 $0
2021 $10,227 $774,500 $339,300 $435,200
2020 $8,612 $606,700 $308,100 $298,600
2019 $9,347 $664,500 $308,100 $356,400
2018 $10,041 $711,700 $335,900 $375,800
2017 $9,819 $684,600 $264,200 $420,400
2016 $11,382 $807,700 $384,800 $422,900
2015 $10,514 $720,000 $337,700 $382,300
2014 $9,550 $563,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4601153

Stellar MLS

APN: 0005-01-0021