NOT LISTED FOR SALE

510 Harbor Point Rd Longboat Key, FL 34228

Estimated Value: $3,530,000 - $5,556,000

4 Beds
5 Baths
4,533 Sq Ft
$944/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $2,275,000 $502 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $26,529/month

About This Home

As of April 2019

New to the market, this beautiful waterfront home in the exclusive gated, Bay Isles Harbor neighborhood on south Longboat Key is graced with many details that luxury homebuyers are sure to appreciate. The well-designed floor plan features a main level master suite, guest bedroom suite, large living and dining room, office, family room and kitchen. On the second level you will find two guest bedroom suites and one with a balcony with wonderful Bay views. Designer finishes include travertine flooring, hand-painted wall murals, coffered and tray ceilings, specially selected lighting, and built-in shelving to display your artwork and collections . The kitchen is a dream come true for the gourmet cook with a Viking Pro Style 6 Burner w/Grill Gas Range, Subzero refrigerator and 100+ bottle wine refrigerator. Enjoy grilling in your outdoor kitchen by the infinity pool and spa, as you enjoy the water views and the privacy of lush landscaping. For the boating enthusiast, there are two boat lifts, one 13,000 lb. and one for kayaks. And to top this off, there are two oversized 2-car garages for your auto collection, paddleboards, kayaks, and fishing equipment. Close to shopping and the Longboat Key Club. HOA includes the deeded Bay Isles Beach Club access and seawall maintenance.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 5, 2019
Sold by
Spencer James A and Spencer A J
Bought by
Flood Gary J and Flood Josephine
Seller's Agent
Julie Klick
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lynne Koy
COLDWELL BANKER REALTY
List Price
$2,595,000
Sold Price
$2,275,000
Premium/Discount to List
-$320,000
-12.33%
Current Estimated Value
$4,277,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,002,735
Avg. Annual Appreciation
10.20%

Purchase Details

Listed on
Nov 23, 2013
Closed on
Jan 28, 2014
Sold by
Lippert James E and Lippert Teresa K
Bought by
Spencer J A and Jane A Spencer Trust
Seller's Agent
Brooke O'Malley
CLUB REALTY
Buyer's Agent
Julie Klick
MICHAEL SAUNDERS & COMPANY
List Price
$2,600,000
Sold Price
$2,425,000
Premium/Discount to List
-$175,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jun 14, 2012
Sold by
Cohen Janis H
Bought by
Lippert James E and Lippert Teresa K
Seller's Agent
Jenifer Schwell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Brooke O'Malley
CLUB REALTY
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%

Purchase Details

Closed on
Aug 31, 2005
Sold by
Cohen Janis H and Cohen Joel C
Bought by
Cohen Joel C

Purchase Details

Closed on
Oct 16, 2003
Sold by
Maralex Inc
Bought by
Cohen Janis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
6.45%

Purchase Details

Closed on
Jun 17, 1999
Sold by
Yawitz Joseph Jay and Yawitz Adrienne C
Bought by
Maralex Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flood Gary J $2,275,000 Attorney
Spencer J A $2,425,000 Attorney
Lippert James E $1,850,000 Desjarlais Title Company
Cohen Joel C -- --
Cohen Janis H $2,500,000 --
Maralex Inc $749,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Janis H $1,625,000
Previous Owner Maralex Inc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $2,275,000 -12.3% $502 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $2,595,000 +7.0% $572 / Sq Ft
01/28/2014 01/28/14 Sold $2,425,000 -6.7% $535 / Sq Ft View Prior Sale
12/03/2013 12/03/13 Pending -- -- --
11/23/2013 11/23/13 For Sale $2,600,000 +40.5% $574 / Sq Ft
06/15/2012 06/15/12 Sold $1,850,000 0.0% $408 / Sq Ft View Prior Sale
05/27/2012 05/27/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $1,850,000 -- $408 / Sq Ft

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 $42,929 $3,421,248 -- --
2023 $42,929 $3,321,600 $1,280,500 $2,041,100
2022 $34,506 $2,934,500 $1,231,000 $1,703,500
2021 $29,154 $2,099,700 $853,700 $1,246,000
2020 $27,395 $1,929,900 $607,800 $1,322,100
2019 $25,502 $1,850,700 $690,000 $1,160,700
2018 $28,510 $2,058,400 $857,600 $1,200,800
2017 $30,137 $2,138,700 $857,600 $1,281,100
2016 $31,796 $2,176,400 $853,700 $1,322,700
2015 $31,358 $2,091,800 $863,600 $1,228,200
2014 $27,750 $1,632,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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