$1,298,750
$86K PRICE DROP

550 de Narvaez Dr Longboat Key, FL 34228

Estimated payment $7,560/month

Total Views 7,546
3 Beds
2 Baths
1,758 Sq Ft
$739 Price per Sq Ft

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Water access To Gulf or Ocean To Bay
  • Canal View
  • Anna Maria Elementary School Rated A-
  • Fish Cleaning Station
  • Deck

About This Home

ELEVATED LOT | NO FLOOD DAMAGE | MOVE-IN READY | FULLY FURNISHED | WATERFRONT |
Welcome to 550 De Narvaez Drive — a beautifully maintained, light-filled 3BD/2BA home on an ELEVATED 10,000 sqft. lot in North Longboat Key’s desirable Sleepy Lagoon neighborhood. This TURNKEY WATERFRONT gem offers direct canal access to Sarasota Bay, perfect for boaters! Enjoy peace of mind with new impact-resistant windows/doors, renovated kitchen & baths, newly lined pipes, and extra attic insulation. Relax or entertain in your private backyard with endless potential. Just minutes from world renown beaches, exclusive dining, and local shopping. Whether you're looking for a full-time home or a smart investment with plenty opportunity for rental income or updates on the existing property, this one checks all the boxes! Don’t miss your slice of paradise — schedule your private tour today!

Listing Agent

Dean Hinterstoisser

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3541417 Listed on: 02/05/2025

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1977

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100x100
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Ground Level Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,758 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Awning
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room
  • Sun or Florida Room
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Deeded access to the beach
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock has access to water
  • Davits
  • Seawall
  • Dock made with Composite Material
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Private Mailbox
  • Rear Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park Subdivision

Recreation

  • Fish Cleaning Station

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,965

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1758
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 2190
  • Lot Size Sq Ft: 10001
  • Directions to Property: Take Gulf of Mexico Drive, then East on De Narvaez Dr, property is on the right side.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 738.77
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Water Supply,Fish Cleaning Station
  • MFR_DockYN: 1
  • Attribution Contact: 941-803-7522
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Storm Window(s), Shades
  • Street Number Modifier: 550
  • Additional Rooms: Florida Room,Formal Living Room Separate
  • Living Area Meters: 163.32
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Awning(s), Lighting, Private Mailbox, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean to Bay
  • Water Extras: Davits,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 100
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: No fixed bridges to the intracoastal waterway and the Gulf of Mexico

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Guest, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7857000009
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, In County, Landscaped, Near Golf Course, Near Marina, Paved
  • Lot Dimensions: 100x100
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 929

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rentals Restrictions per Longboat Key Town Code.

Tax Info

  • Tax Annual Amount: 5965
  • Tax Book Number: 7-83
  • Tax Lot: 35

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $6,015 $402,290 -- --
2024 $6,015 $390,952 -- --
2023 $5,965 $379,565 $0 $0
2022 $5,853 $368,510 $0 $0
2021 $5,675 $357,777 $0 $0
2020 $5,878 $352,837 $0 $0
2019 $5,781 $344,904 $0 $0
2018 $5,738 $338,473 $0 $0
2017 $4,829 $331,511 $0 $0
2016 $4,825 $324,692 $0 $0
2015 $4,714 $322,435 $0 $0
2014 $4,714 $319,876 $0 $0
2013 $4,614 $315,149 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $1,298,750 -2.3% $739 / Sq Ft
07/01/2025 07/01/25 For Sale $1,329,000 0.0% $756 / Sq Ft
06/30/2025 06/30/25 Off Market $1,329,000 -- --
04/19/2025 04/19/25 Price Changed $1,329,000 -4.0% $756 / Sq Ft
02/05/2025 02/05/25 For Sale $1,385,000 -- $788 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $187,500 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4638701

Stellar MLS

APN: 78570-0000-9