NOT LISTED FOR SALE

531 Harbor Point Rd Longboat Key, FL 34228

Estimated Value: $2,892,000 - $3,579,000

3 Beds
3.5 Baths
4,050 Sq Ft
$778/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $3,200,000 $790 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,485/month

82 Days on Market

Highlights

  • 228 Feet of Waterfront
  • Dock has access to electricity and water
  • Water access To Gulf or Ocean To Bay
  • Southside Elementary School Rated A
  • Golf Course Community
  • Boat Lift

About This Home

As of April 2024

Welcome to your slice of Paradise! Nestled behind the secure Longboat Key Club Gates in Bay Isles, lies this exquisite custom home in the coveted waterfront community of THE HARBOR. Boasting a blend of timeless elegance and modern comfort, this residence underwent major renovations in 2003, with additional updates in 2023 including a new roof.

Step inside and be greeted by an elongated foyer adorned with luxurious marble flooring, leading seamlessly into the expansive great room offering breathtaking panoramic water views. The kitchen is a chef's delight, featuring an abundance of wood cabinetry, a breakfast bar, and top-of-the-line stainless steel appliances, complemented by an informal dining area.

With its open floor plan, high ceilings, and walls of glass French doors opening to the expansive covered deck, this home is an entertainer's dream. Relax by the gas fireplace or mingle with guests while enjoying the serene waterfront ambiance. The oversized formal living room and formal dining room, complete with a natural gas fireplace, provide the perfect backdrop for intimate family gatherings or elegant dinner parties.

Retreat to the primary suite through double doors and immerse yourself in luxury, with sweeping water views of the Harbor and a private fireplace. Pamper yourself in the spa-like bath, complete with two walk-in closets. Adjacent to the primary suite is a glass-encased office offering tranquil pool and harbor views. Additional living spaces include a den and a second bedroom suite on one end of the home, while a spacious third bedroom suite awaits on the opposite side.

Boasting deep water access and quick entry to Sarasota Bay, this community is a boater's paradise. The private dock at this home accommodates both large and small vessels, complete with electric and water hookups, a boat lift for a medium-sized boat, and ample dockage for larger vessels.

Conveniently located near the Longboat Key Club's golf and tennis pro shops, the Publix shopping plaza, and the Bay Isles Beach Club on the Gulf, where membership is included with your purchase, this home offers the epitome of luxury coastal living. Don't miss your chance to experience waterfront living at its finest in this exclusive Longboat Key retreat. Schedule your private showing today and make this paradise your own. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Last Agent to Sell the Property

Linda Weber

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0590601 Listed on: 12/22/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,641

Year Built

  • Built in 1987

Lot Details

  • 0.36 Acre Lot
  • 228 Feet of Waterfront
  • 114 Feet of Salt Water Canal Waterfront
  • 114 Feet of Bay Harbor Waterfront
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Property is zoned PD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Ground Level Parking
  • Circular Driveway
  • Secured Garage or Parking
  • Golf Cart Parking

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Custom Home
  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,050 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shades
  • French Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility
  • Basement with some natural light

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Insurance May Be Required
  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, private road, security
  • Ken Kandefer Association
  • Bay Isles Association, Phone Number (941) 383-3200
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Golf Course Community

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,641

Year Built

Built in 1987

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4050
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 6279
  • Lot Size Sq Ft: 15598
  • Directions to Property: Gulf of Mexico Dr to Bay Isles South Gate. Immediate R to second gate. L turn on Harbor Pt Rd. House on left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 790.12
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric,Dock w/Water Supply,Lift,Wet Dock
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Canal Front,Intracoastal Waterway,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Basement, Block, Brick/Mortar
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 2
  • Window Features: Shades, Window Treatments
  • Street Number Modifier: 531
  • Has Basement: Partial
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Living Area Meters: 376.26
  • Room Count: 10

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Fiberglass, Heated, In Ground
  • Exterior Features: French Doors, Irrigation System, Storage
  • Roof: Concrete, Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: BAY ISLES HARBOR
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Davits,Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 114
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 228
  • Water Frontage Feet Bay Harbor: 114

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Golf Cart Parking, Ground Level, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community - Guard, Golf Carts OK, Golf, Sidewalks
  • Association Amenities: Gated, Security
  • Association Fee: 2700
  • Association Fee Frequency: Annually
  • Association Name: Ken Kandefer
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 2223.03
  • Association #2 Fee Frequency: Annually
  • Association: Bay Isles
  • Association Phone #2: 941-383-3200
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: THE HARBOR
  • Association Fee Requirement: Required
  • Association Email: Ken@kfkCPA.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 4923.03
  • Total Monthly Fees: 410.25
  • Other Fees Term: Annual
  • Monthly HOA Amount: 225.00

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0009030005
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Street Dead-End, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1449

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenant approval required

Tax Info

  • Tax Annual Amount: 17640.63
  • Tax Book Number: 23-35
  • Tax Lot: 43

Multi Family

  • Approval Process: Application to Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Apr 19, 2024
Sold by
Hersberger Christine C and Arthur L Hersberger Revocable Trust
Bought by
Shimek Jennifer
Seller's Agent
Linda Weber
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$4,389,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,189,000
-27.09%
Views
58
Current Estimated Value
$3,152,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,724
Avg. Annual Appreciation
-1.04%
Original Mortgage
$2,400,000
Outstanding Balance
$2,360,598
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$791,678

Purchase Details

Closed on
Dec 28, 2007
Sold by
Harned John J and Harned Tara
Bought by
Hersberger Arthur L and Hersberger Christine C

Purchase Details

Closed on
Dec 13, 2006
Sold by
Banholzer David J and Banholzer Joyce R
Bought by
Harned John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,276,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Shimek Jennifer $3,200,000 None Listed On Document
Hersberger Arthur L $1,562,500 Attorney
Harned John J $1,595,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimek Jennifer $2,400,000
Previous Owner Harned John J $1,276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $3,200,000 -15.8% $790 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $3,799,000 -7.3% $938 / Sq Ft
02/01/2024 02/01/24 Price Changed $4,099,000 -6.6% $1,012 / Sq Ft
12/22/2023 12/22/23 For Sale $4,389,000 -- $1,084 / 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 $4,351 $2,065,784 -- --
2023 $4,351 $1,366,959 $0 $0
2022 $4,133 $1,327,145 $0 $0
2021 $17,631 $1,288,490 $0 $0
2020 $17,769 $1,270,700 $720,400 $550,300
2019 $18,685 $1,347,026 $0 $0
2018 $18,385 $1,321,910 $0 $0
2017 $18,226 $1,294,721 $0 $0
2016 $18,175 $1,692,500 $1,043,100 $649,400
2015 $17,803 $1,501,000 $934,100 $566,900
2014 $17,701 $1,190,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4591605

Stellar MLS

APN: 0009-03-0005