$3,995,000
$200K PRICE DROP

550 Yardarm Ln Longboat Key, FL 34228

Estimated payment $23,718/month

Total Views 5,289
5 Beds
5.5 Baths
4,244 Sq Ft
$941 Price per Sq Ft

Highlights

  • Deeded access to the beach
  • Home Theater
  • Open Floorplan
  • Southside Elementary School Rated A
  • Heated Infinity Pool
  • Canal View

About This Home

NEW PRICE Welcome home to 550 Yardarm Lane, where the beauty of Longboat Key meets the comfort of coastal living in the prestigious Country Club Shores. This warm and inviting WATERFRONT ELEVATED retreat is perfectly designed for those who cherish the Florida lifestyle—complete with gorgeous water views, boating right from your backyard, and plenty of space to relax and entertain. This 5-bedroom (one currently used as a study) 5.5-bath waterfront home offers the perfect blend of comfort and luxury, with every detail designed to enhance your lifestyle whilst providing flexibility for family and guests.Situated on a generously sized lot, this home boasts: •PRIME WATERFRONT LOCATION : Enjoy direct access to boating and water activities with a private dock and deep-water canal with no bridge access to the bay.  •SPACIOUS LIVING AREAS: Open-concept design with expansive windows, flooding the home with natural light and highlighting water views.•ELEVATOR: Effortlessly move between floors •CHEFS KITCHEN: Equipped with high-end appliances, custom cabinetry, and an oversized island, perfect for entertaining. •LUXURIOUS BEDROOMS: Ample accommodations, including a master suite with a private balcony and spa-inspired en-suite, 2 large his and her walk in closets •MOVIE ROOM: A dedicated media room brings the theater experience home, perfect for relaxing family nights•OUTDOOR OASIS: A beautifully landscaped yard, heated infinity pool, and large patio area provide the ultimate space for relaxation and gatherings.Located just a short stroll from your DEEDED BEACH ACCESS and  just minutes to fine dining, shopping, and cultural attractions of St. Armands Circle and downtown Sarasota.Whether you’re seeking a year-round residence or a seasonal escape, 550 Yardarm Lane is a true gem.Click tour for matterport 3d tour and floor plans

Listing Agent

Melanie Russell

QUEST PROPERTIES INC Brokerage Phone: 941-504-1111 License #3284944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,300

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • Property fronts a saltwater canal
  • North Facing Home
  • Irrigation Equipment
  • Landscaped with Trees
  • Garden
  • Property is zoned R4SF

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Elevated Home
  • Bi-Level Home
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,244 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Inside Utility
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool Tile

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Private Mailbox

Utilities

  • Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is near public transit

Community Details

  • Country Club Shores Lv Lynn Larson Association, Phone Number (941) 383-1660
  • Visit Association Website
  • Country Club Shores Community
  • Country Club Shores Subdivision
  • The community has rules related to deed restrictions, fencing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,300

Year Built

Built in 2006

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4244
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2006
  • Accessibility Features: Accessible Elevator Installed
  • Building Area Total: 5379
  • Lot Size Sq Ft: 11264
  • Directions to Property: from St Armands follow signs to Longboat Key and onto Gulf of Mexico Drive.Turn right into Country Club Shores lV and left onto Bogey Lane then immediate right onto Yardarm, house is on the right.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047414
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 941.33
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-504-1111
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Crown Molding, Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 550
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Media Room
  • Living Area Meters: 394.28
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Infinity, Salt Water, Tile
  • Exterior Features: Balcony, French Doors, Garden, Lighting, Private Mailbox, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Beach - Access Deeded,Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Street Lights
  • Association Amenities: Fence Restrictions
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: Country Club Shores lV Lynn Larson
  • Phone: 941 383 1660
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: lynnlarson@comcast.net
  • Association URL: www.countryclubshoresunitiv.com

Fee Information

  • Total Annual Fees: 250.00
  • Total Monthly Fees: 20.83
  • Monthly HOA Amount: 20.83

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0009150037
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1046

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: please check with association and town of longboat key

Tax Info

  • Tax Annual Amount: 17300
  • Tax Block: G/8
  • Tax Book Number: 17/38
  • Tax Lot: 8

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
2024 $16,295 $1,276,002 -- --
2023 $16,295 $1,238,837 $0 $0
2022 $16,019 $1,202,754 $0 $0
2021 $16,284 $1,167,722 $0 $0
2020 $16,408 $1,151,600 $0 $0
2019 $15,901 $1,125,709 $0 $0
2018 $15,647 $1,104,719 $0 $0
2017 $15,175 $1,081,997 $0 $0
2016 $15,131 $1,377,700 $584,000 $793,700
2015 $15,220 $1,334,200 $562,800 $771,400
2014 $15,213 $1,028,594 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $3,995,000 -4.8% $941 / Sq Ft
01/16/2025 01/16/25 For Sale $4,195,000 -- $988 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $1,600,000 Equity National Title Llc
Warranty Deed $828,000 --
Warranty Deed $699,000 --
Quit Claim Deed -- --
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,969,000 Unknown
Previous Owner $621,000 Purchase Money Mortgage
Previous Owner $559,200 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4635848

Stellar MLS

APN: 0009-15-0037