550 Norton St Longboat Key, FL 34228
Estimated Value: $2,600,411 - $2,937,000
3
Beds
5
Baths
3,611
Sq Ft
$774/Sq Ft
Est. Value
Highlights
- 80 Feet of Salt Water Canal Waterfront
- Beach Access
- Boat Slip Deeded
- Anna Maria Elementary School Rated A-
- Dock made with wood
- Boat Lift
About This Home
As of July 2022Nestled on the idyllic barrier island of Longboat Key, this three-story waterfront home encompasses luxurious appointments through-out its 4,484 sq. ft. of air-conditioned space. Offering three bedrooms, three full baths, two half baths, an office, game room and home gym in a well-designed floor plan with an inviting, tropical ambiance. The exterior spaces offer true indoor-outdoor resort living — with over 1,600 square feet of outdoor recreation spaces including two travertine-paved verandas, a two-story screened pool enclosure, a summer kitchen with grill, a stylish poolside wet bar, a sparkling heated saltwater pool and spa with PebbleTec finish. Your guests will love meandering along the lushly landscaped, lit walkways with swaying palms as they head to the expansive 55-foot-long dock with electricity, water, kayak storage, a 12,000-pound boat lift and Jet Ski lift on the beautiful turquoise waters leading to Sarasota Bay. Only a very short distance to the ICW and another mile to the open waters of the Gulf of Mexico with no fixed bridges. You will be amazed with the plentiful fishing right off your dock. After a lovely day pool-side or on the boat, head indoors to the bottom-floor space with 878 finished square feet of recreation space, complete with a recreation/game room and home gym with state-of-the-art equipment and rubber flooring, along with a full bath and steam shower, all opening out to your pool. The airy interior on the main level is perfect for enjoying tropical water views with 10-foot high sliding glass doors that bathe the great room in natural light. The room’s built-in shelving, bamboo flooring, dry bar, low-voltage designer lighting, gorgeous tongue & groove wood ceiling and gas fireplace makes this a special place for entertaining. The formal dining area with a bay window and the sleek European-styled kitchen complete the heart of the main level. Fit for a chef, the gourmet kitchen highlights exotic granite and stainless countertops, a stainless steel backsplash, Fisher & Paykel dishwasher drawers and high-quality Gaggenau and Sub-Zero appliances including a gas cook-top, wine chiller and steam oven. Owners can reset and restore in the private, third-floor master suite, boasting a wet bar with sink and refrigerator, an enviable master closet with copious built-ins, a sumptuous master bath with jetted tub and walk-in shower, plus his and her vanities along with stunning treetop views from the 230-square-foot private terrace. The adjoining home office offers extensive high-quality built-ins. Other amenities include: crown molding, stainless steel stair railings, plantation shutters, interior fire-sprinklers, whole-house automatic switching 25KW generator, hurricane shutters, extensive storage, surround sound through-out the house and pool areas, 8 ft interior doors, energy-efficient Icynene insulation in Attic, central vacuum system, concrete slab floors on each level, large laundry room with built-ins and a pre-planned elevator shaft. Sleepy Lagoon neighborhood offers deeded beach access only 3 blocks away! Truly a must see property.
Last Agent to Sell the Property
PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3339434 Listed on: 02/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,672
Year Built
- Built in 2002
Lot Details
- 9,840 Sq Ft Lot
- Lot Dimensions are 80x123
- 80 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Street terminates at a dead end
- Northwest Facing Home
- Vinyl Fence
- Mature Landscaping
- Level Lot
- Metered Sprinkler System
- Property is zoned R4SF
HOA Fees
- $2 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Split Garage
- Workshop in Garage
- Ground Level Parking
- Tandem Parking
- Garage Door Opener
- Circular Driveway
- Secured Garage or Parking
- Parking Garage Space
- Off-Street Parking
- Golf Cart Parking
Property Views
- Woods
- Canal
- Pool
Home Design
- Contemporary Architecture
- Florida Architecture
- Elevated Home
- Slab Foundation
- Wood Frame Construction
- Tile Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 3,611 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Shelving
- Bar Fridge
- Crown Molding
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Non-Wood Burning Fireplace
- Gas Fireplace
- Awning
- Shutters
- Blinds
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Bonus Room
- Inside Utility
- Home Gym
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Indoor Grill
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Bamboo
- Travertine
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Hurricane or Storm Shutters
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Screened Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
- Outdoor Shower
- Auto Pool Cleaner
- Pool Lighting
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Deeded access to the beach
- No Fixed Bridges
- Access to Saltwater Canal
- Dock has access to water
- Boat Lift
- Boat Slip Deeded
- Dock made with wood
- Balcony
- Enclosed patio or porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Thermostat
- Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 15B
- Assessor Parcel Number 7868000006
Community Details
Overview
- Sleepy Lagoon Community
- Sleepy Lagoon Park 2 Subdivision
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Jul 14, 2022
Sold by
Dooley William R and Dooley Meike
Bought by
E Belinda Bauer Living Trust
Seller's Agent
Kathleen Wingate
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Total Days on Market
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,647
Avg. Annual Appreciation
2.09%
Purchase Details
Closed on
Apr 10, 2002
Sold by
Dooley & Mack Constructors Inc
Bought by
Meike Dooley William R and Meike Hussmanns
Purchase Details
Closed on
May 31, 2001
Sold by
Reynolds William Greg and Reynolds Sherri T
Bought by
Dooley & Mack Const Inc
Similar Homes in Longboat Key, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| E Belinda Bauer Living Trust | $2,800,000 | Richard D Saba Pa | |
| Meike Dooley William R | $217,400 | -- | |
| Dooley & Mack Const Inc | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dooley William R | $373,000 | |
| Previous Owner | Dooley William R | $180,000 | |
| Previous Owner | Dooley William R | $0 | |
| Previous Owner | Dooley William R | $180,000 | |
| Previous Owner | Dooley William R | $580,000 | |
| Previous Owner | Dooley William R | $500,000 | |
| Previous Owner | Dooley William R | $869,560 | |
| Previous Owner | Dooley & Mack Constructors Inc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2022 07/14/22 | Sold | $2,800,000 | -6.5% | $775 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $2,995,000 | 0.0% | $829 / Sq Ft |
| 03/16/2022 03/16/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $2,995,000 | 0.0% | $829 / Sq Ft |
| 02/13/2022 02/13/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $2,995,000 | -- | $829 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $36,942 | $2,436,748 | $680,000 | $1,756,748 |
| 2023 | $35,799 | $2,305,086 | $510,000 | $1,795,086 |
| 2022 | $11,528 | $746,975 | $0 | $0 |
| 2021 | $11,205 | $725,218 | $0 | $0 |
| 2020 | $11,611 | $715,205 | $0 | $0 |
| 2019 | $11,413 | $699,125 | $0 | $0 |
| 2018 | $11,340 | $686,089 | $0 | $0 |
| 2017 | $10,231 | $671,977 | $0 | $0 |
| 2016 | $10,234 | $658,156 | $0 | $0 |
| 2015 | $10,229 | $653,581 | $0 | $0 |
| 2014 | $10,229 | $648,394 | $0 | $0 |
| 2013 | $10,014 | $638,812 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Wingate
Seller's Agent in 2022
Kathleen Wingate
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(813) 731-3332
18 in this area
54 Total Sales
-
Steve Branham
S
Seller Co-Listing Agent in 2022
Steve Branham
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(757) 288-4852
22 in this area
31 Total Sales
-
Bruce Myer
Buyer's Agent in 2022
Bruce Myer
COLDWELL BANKER REALTY
(941) 387-1847
260 in this area
312 Total Sales
Map
Source: Stellar MLS
MLS Number: A4524702
APN: 78680-0000-6
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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