NOT LISTED FOR SALE

3261 Bayou Way Longboat Key, FL 34228

Estimated Value: $1,400,000 - $1,774,000

4 Beds
3.5 Baths
2,523 Sq Ft
$638/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $1,725,000 $684 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $9,968/month

56 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Reverse Osmosis System
  • Southside Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of March 2022

An awe-inspiring transformation nestled within Bay Isles on the highly acclaimed island of Longboat Key, Florida. This exuberant four-bedroom, FURNISHED residence, surrounded by mature landscaping, is an achievement of style and comprehensive design. A long pavered driveway welcomes the tone of a true Florida luxury home that has been treated to an extensive remodel to ensure modern Florida living is finely achieved. Resplendent interiors are seen throughout the grandly proportioned living spaces with an abundance of natural light from all angles. Decorative flourishes include all-glass double entry doors, wood flooring, 14’ vaulted wood plank ceilings, stunning light fixtures, an expansive updated kitchen complete with granite countertops, white cabinetry, modern backsplash, stainless steel appliances and reverse osmosis water system. The master suite is a spa like sanctuary, with dual modern vanities, free standing tub, and glass walk in shower. Sliders lead to the elevated pool deck. From coffees to cocktails, enjoy that vacation feeling from morning until evening lounging by your oversized pool and backyard. Bay Isles is an intimate community offering an array of amenities including private Gulf Beach Club access. There is also direct access to Sarasota Bay and the Intracoastal Waterway with available boat slips for sale or rent at the Longboat Key Club Moorings Marina all behind the gates of Bay Isles. Just around the corner is Publix, CVS, tennis, banks, library, St. Armands Circle, Sarasota, Anna Maria Island and all that this sought after area has to offer.

Last Agent to Sell the Property

Ryan Skrzypkowski

COLDWELL BANKER REALTY License #3312638 Listed on: 12/03/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Lloyd Johnson

COLDWELL BANKER REALTY License #0318636

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,153

Year Built

  • Built in 1980

Lot Details

  • 0.38 Acre Lot
  • Southeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Longboat Private Services/David Novak Association, Phone Number (941) 306-1118
  • Visit Association Website
  • Bay Isles Community
  • Bay Isles Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,153

Year Built

Built in 1980

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 2523
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 16627
  • Directions to Property: Head North on Gulf of Mexico Drive, turn right on Bay Isles Parkway, go through guard gate, turn left on Harbourside Drive, turn left on Bayou Sound Rd, right on Bayou Rd, and left onto Bayou Way. Home will be on the Right. Please note if you are using GPS that there are other 3261 Bayou addresses with in Bay Isles, be sure you enter the correct address of 3261 Bayou WAY.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518648?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518648?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 0
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98571
  • Price per Sq Ft: 683.71
  • Close to Original List Price Ratio: 0.63889
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 3261
  • Room Count: 7

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Deck, Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Screened
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Guest, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: Longboat Private Services/David Novak
  • Phone: 941-306-1118
  • Association: Yes
  • Senior Community: No
  • Association Website: www.livingbayou.com
  • Association Email: david@longboatps.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 800
  • Monthly HOA Fee: 66.67
  • Total Monthly Fees: 66.67

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0005010023
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 4 Months
  • Approval Process: See HOA docs for approval process
  • Num Timesper Year: 4
  • Pet Restrictions: See HOA Docs for pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Docs for additional leasing restrictions.

Tax Info

  • Tax Annual Amount: 8153.11
  • Tax Block: C
  • Tax Book Number: 24-5
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Banks Patrick Roger Allen
Bought by
Banks Patrick Roger Allen and Patrick Roger Allen Banks Trust
Current Estimated Value
$1,609,614

Purchase Details

Listed on
Dec 3, 2021
Closed on
Mar 14, 2022
Sold by
Douglas Anthony D and Douglas Irina
Bought by
Banks Patrick
Seller's Agent
Ryan Skrzypkowski
COLDWELL BANKER REALTY
Buyer's Agent
Lloyd Johnson
COLDWELL BANKER REALTY
List Price
$2,700,000
Sold Price
$1,725,000
Premium/Discount to List
-$975,000
-36.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%

Purchase Details

Closed on
Jun 15, 2021
Sold by
Heck Jeffrey G and Heck Lydia E
Bought by
Douglas Anthony D and Zaremba Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 1, 2020
Sold by
Connor Peter J O and Connor Patricia O
Bought by
Heck Jeffrey G and Heck Lydia E
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Gregory Zies
RE/MAX ALLIANCE GROUP
List Price
$699,000
Sold Price
$590,000
Premium/Discount to List
-$109,000
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.52%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Lystad Carol Capen
Bought by
Oconnor Peter and Oconnor Patricia J

Purchase Details

Closed on
Jul 3, 1997
Sold by
Vandevrede David D and Vandevrede Kathleen K
Bought by
Lystad Carol Capen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.98%
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
Banks Patrick Roger Allen $100 None Listed On Document
Banks Patrick $1,725,000 Gibson Kohl & Wolff Pl
Douglas Anthony D $935,000 Stewart Title Company
Heck Jeffrey G $590,000 Barnes Walker Title Inc
Oconnor Peter $750,000 --
Lystad Carol Capen $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Anthony D $794,750
Previous Owner Lystad Carol Capen $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $1,725,000 -1.4% $684 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/22/2022 01/22/22 Price Changed $1,750,000 -22.2% $694 / Sq Ft
12/29/2021 12/29/21 Price Changed $2,249,999 -16.7% $892 / Sq Ft
12/03/2021 12/03/21 For Sale $2,700,000 +357.6% $1,070 / Sq Ft
09/01/2020 09/01/20 Sold $590,000 -1.5% $234 / Sq Ft View Prior Sale
08/09/2020 08/09/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $599,000 -14.3% $237 / Sq Ft
07/31/2020 07/31/20 For Sale $699,000 0.0% $277 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $699,000 -3.6% $277 / Sq Ft
05/15/2020 05/15/20 For Sale $725,000 -- $287 / 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 $17,522 $1,316,800 $622,500 $694,300
2023 $17,522 $1,378,300 $690,100 $688,200
2022 $15,925 $1,202,500 $630,000 $572,500
2021 $8,153 $587,200 $354,500 $232,700
2020 $6,792 $516,168 $0 $0
2019 $6,568 $504,563 $0 $0
2018 $6,455 $495,155 $0 $0
2017 $6,419 $484,971 $0 $0
2016 $6,395 $796,300 $424,800 $371,500
2015 $6,516 $679,300 $353,200 $326,100
2014 $6,242 $443,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Skrzypkowski

    COLDWELL BANKER REALTY

    (941) 387-6630

    4 in this area

    262 Total Sales

    Ryan Skrzypkowski
    Section Image
  • Lloyd Johnson

    Buyer's Agent in 2022

    Lloyd Johnson

    COLDWELL BANKER REALTY

    (941) 388-4447

    1 in this area

    15 Total Sales

    Lloyd Johnson
    Section Image
  • Bruce Myer

    Seller's Agent in 2020

    Bruce Myer

    COLDWELL BANKER REALTY

    (941) 387-1847

    243 in this area

    292 Total Sales

    Bruce Myer
    Section Image
  • Gregory Zies

    Buyer's Agent in 2020

    Gregory Zies

    RE/MAX

    (941) 779-3081

    1 in this area

    176 Total Sales

    Gregory Zies
    Section Image
  • Kathy Valente

    Buyer Co-Listing Agent in 2020

    Kathy Valente

    Michael Saunders

    (941) 685-6767

    1 in this area

    170 Total Sales

    Kathy Valente
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4518648

Stellar MLS

APN: 0005-01-0023

Florida Sarasota County Longboat Key 34228

3261 Bayou Way, Longboat Key, FL

This home is located at 3261 Bayou Way, Longboat Key, FL 34228 since 03 December 2021 and is currently estimated at $1,609,614, approximately $637 per square foot. This property was built in 1980. 3261 Bayou Way 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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