NOT LISTED FOR SALE

551 de Narvaez Dr Longboat Key, FL 34228

Estimated Value: $1,063,427 - $1,496,000

4 Beds
3 Baths
2,782 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $1,300,000 $467 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,979 / mo

56 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Dock made with wood
  • Public Beach
  • Access To Intracoastal Waterway
  • Boat Lift
  • Open Floorplan

About This Home

As of July 2022

Don't miss the amazing video of this property, click the virtual tour link!
First time on the market in thirty years, this much loved and cared for canal front home is your tropical oasis and boaters’ paradise on the northern end of Longboat Key! This island retreat features a fabulous deck overlooking the water under a peaceful, private tree canopy. Not one, but two boat lifts, along with a kayak launch and easy access to the intercoastal waterway, Sarasota Bay and Longboat Pass bridge. Neighborhood Beach Access is a short distance away for sunsets, and fun filled days at the beach.

Large open entertaining space with stunning wood floors and a custom kitchen designed for both beauty and functionality with granite countertops, stainless steel appliances, and even a wood burning fireplace for those cozy, quiet moments. This large single-story ranch features four bedrooms, three bathrooms - two of the bedrooms equipped with ensuite baths for privacy. A separate office, sunroom and indoor laundry provide plenty of space for your Florida lifestyle. With nearly 2,800 sf of Living space and a tree canopy covering your outdoor area, you will never sweat the electric bill with the energy efficient variable speed Trane A/C unit.

Abundant storage found inside and out, a separate workshop area and a large carport for all your beach toys, bikes, and boating supplies. This home also features a fenced patio area with mature tropical vegetation and no grass to mow! Never a rental and meticulously cared for, will this secluded boaters’ paradise be your Longboat Key home to make memories to last a lifetime?

Last Agent to Sell the Property

Jan Case

CASE BY CASE APPRAISALS LLC License #7398 Listed on: 03/10/2022

Co-Listed By

Jill Hutsko

COLDWELL BANKER REALTY License #3325635

Last Buyer's Agent

Jan Case

CASE BY CASE APPRAISALS LLC License #7398 Listed on: 03/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 1971

Lot Details

  • 10,001 Sq Ft Lot
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Public Beach
  • East Facing Home
  • Fenced
  • Property is zoned R4SF

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,782 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • French Doors
  • Canal Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,526

Year Built

Built in 1971

Lot Details

10,001 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2782
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 10001
  • Status: Sold
  • Co List Office Mls Id: MFR281502055
  • Co List Office Phone: 941-388-3966
  • Ownership: Fee Simple
  • Escrow City: Bradenton
  • Escrow State: FL
  • Escrow Street Name: 53rd Avenue East Suite 101
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 467.29
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 258.46

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fence, French Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Public,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Wood,Dock w/Electric,Lift,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 100
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12081C0291F

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

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: 7856100008
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please refer to Longboat Key Township

Tax Info

  • Tax Annual Amount: 4526
  • Tax Book Number: 7-83
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Tyler Jason
Bought by
Lbk Land & Marine Trust and Hastings
Current Estimated Value
$1,215,107

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jul 1, 2022
Sold by
Debickero David C and Debickero Cheryl M
Bought by
Tyler Jason
Seller's Agent
Jan Case
CASE BY CASE APPRAISALS LLC
Buyer's Agent
Jan Case
CASE BY CASE APPRAISALS LLC
List Price
$1,725,000
Sold Price
$1,300,000
Premium/Discount to List
-$425,000
-24.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%
Source: Public Records
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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
Lbk Land & Marine Trust $100 None Listed On Document
Lbk Land & Marine Trust $100 None Listed On Document
Tyler Jason $1,300,000 Lgm Law Pllc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,300,000 -20.0% $467 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $1,625,000 -5.8% $584 / Sq Ft
03/10/2022 03/10/22 For Sale $1,725,000 -- $620 / 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 $17,219 $456,032 $442,000 $14,032
2024 $17,219 $1,102,888 $442,000 $660,888
2023 $18,056 $1,131,956 $442,000 $689,956
2022 $4,674 $292,119 $0 $0
2021 $4,526 $283,611 $0 $0
2020 $4,687 $279,695 $0 $0
2019 $4,610 $273,407 $0 $0
2018 $4,573 $268,309 $0 $0
2017 $3,738 $262,790 $0 $0
2016 $3,733 $257,385 $0 $0
2015 $3,601 $255,596 $0 $0
2014 $3,601 $253,567 $0 $0
2013 $3,524 $249,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4527459

Stellar MLS

APN: 78561-0000-8

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