NOT LISTED FOR SALE

550 Harbor Point Rd Longboat Key, FL 34228

Estimated Value: $7,636,000 - $9,403,000

5 Beds
5.5 Baths
6,062 Sq Ft
$1,370/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $10,000,000 $1,650 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $51,742/month

Highlights

  • 156 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Boat Lift
  • Southside Elementary School Rated A
  • Boat Slip Deeded
  • Heated In Ground Pool

About This Home

As of November 2022

For MLS purposes.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 11/17/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY License #3436836

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,399

Year Built

  • Built in 2001

Lot Details

  • 0.35 Acre Lot
  • 156 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,062 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Full Bay or Harbor Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Deeded access to the beach
  • No Fixed Bridges
  • Property is near a marina
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 49
  • Assessor Parcel Number 0009030012

Community Details

Overview

  • Association fees include 24-hour guard
  • $225 Other Monthly Fees
  • Kenneth Kandefer Accounting Association, Phone Number (941) 921-3221
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,399

Year Built

Built in 2001

Lot Details

0

HOA Fees

$313 per month

Parking

5

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 6062
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 9203
  • Lot Size Sq Ft: 15400
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 1912
  • Other Fees Amount: 2700
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1649.62
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1086.6
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Porcelain Tile, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Window Treatments
  • Room Count: 11
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Sarasota Bay, Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor, Beach - Access Deeded, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Lift, Sailboat Water, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 156
  • Water Frontage Feet Canal Salt: 156
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Oversized, Workshop in Garage
  • Covered Parking Spaces: 5
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Waterfront
  • Association Fee: 3759
  • Association Fee Frequency: Annually
  • Association Name: Kenneth Kandefer Accounting
  • Phone: 941-921-3221
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: lisa@kfcpa.com
  • Complex Community Name NCCB: BAY ISLES
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6459
  • Monthly HOA Fee: 313.25
  • Total Monthly Fees: 538.25

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0009030012
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Near Marina
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Fee and application
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Annual only, application fee and approval required.

Tax Info

  • Tax Annual Amount: 34398.97
  • Tax Book Number: 23-35
  • Tax Lot: 49

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Nov 16, 2022
Sold by
Warren Daniel Garrad and Kim Elaine
Bought by
Arrowhead Management Trust
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Steve and Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$10,000,000
Sold Price
$10,000,000
Current Estimated Value
$8,275,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,724,297
Avg. Annual Appreciation
-5.65%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Watson Martin and Watson Jane
Bought by
Warren Gary and Warren Kim

Purchase Details

Closed on
Dec 30, 1998
Sold by
Kathary Robert A and Kathary Virginia L
Bought by
Westwood Mgmt Of Fl Inc

Purchase Details

Closed on
Jan 2, 1998
Sold by
Ebin John P
Bought by
Kathary Robert A and Kathary Virginia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arrowhead Management Trust $10,000,000 --
Warren Gary $2,500,000 Attorney
Westwood Mgmt Of Fl Inc $957,500 --
Westwood Mgmt Of Fl Inc $957,500 --
Kathary Robert A $950,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $10,000,000 0.0% $1,650 / Sq Ft
11/17/2022 11/17/22 For Sale $10,000,000 -- $1,650 / Sq Ft
Source: Stellar MLS

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 $100,961 $7,811,700 $4,042,000 $3,769,700
2024 $91,749 $7,707,260 -- --
2023 $91,749 $6,996,900 $3,455,700 $3,541,200
2022 $33,837 $2,573,018 $0 $0
2021 $34,399 $2,496,134 $0 $0
2020 $34,675 $2,461,671 $0 $0
2019 $33,585 $2,406,326 $0 $0
2018 $33,051 $2,361,458 $0 $0
2017 $32,828 $2,312,887 $0 $0
2016 $32,743 $3,474,800 $1,371,900 $2,102,900
2015 $33,167 $3,305,500 $1,369,900 $1,935,600
2014 $33,133 $2,197,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Myer

    Seller's Agent in 2022

    Bruce Myer

    COLDWELL BANKER REALTY

    (941) 387-1847

    235 in this area

    284 Total Sales

    Bruce Myer
    Section Image
  • Steve and Janet Walter

    Buyer's Agent in 2022

    Steve and Janet Walter

    Michael Saunders

    (941) 809-0907

    52 in this area

    63 Total Sales

    Steve and Janet Walter
    Section Image
  • Janet Walter

    Buyer Co-Listing Agent in 2022

    Janet Walter

    Michael Saunders

    (941) 232-2000

    52 in this area

    65 Total Sales

    Janet Walter
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4552785

Stellar MLS

APN: 0009-03-0012

Florida Sarasota County Longboat Key 34228

550 Harbor Point Rd, Longboat Key, FL

Not Listed for Sale

Detached

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