NOT LISTED FOR SALE

554 Jessmyth Dr Longboat Key, FL 34228

Estimated Value: $2,369,698 - $2,884,000

0.48 Acre
$5,384,219 Price per Acre
20,909 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $2,600,000 $703 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,294/month

29 Days on Market

Highlights

  • 155 Feet of Salt Water Canal Waterfront
  • White Water Ocean Views
  • Fishing
  • Southside Elementary School Rated A
  • Fishing Pier
  • 2-minute walk to Bayfront Park Recreation Center

About This Lot

As of December 2023

Rare near half acre (.48) lot with bay and canal views! This Longboat Estates property features a brand new 155ft concrete seawall and allows for boating, fishing or simply incredible views from every angle. Located in a small neighbourhood central to Longboat Key, Longboat Estates has a private beach access directly across Gulf of Mexico Drive and is close in proximity to a park, hardware store, grocery, shopping and restaurants. Build your dream home with bay and canal views of Longboat Key. *Demolition is under way at this property and is expected to be completed by the end of 2023*

Last Agent to Sell the Property

Lauren Clark

RUTHVENS, INC. Brokerage Phone: 863-686-3173 License #3245657 Listed on: 09/27/2023

Last Buyer's Agent

Jayne Del Medico

COLDWELL BANKER REALTY License #3127787

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,719

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 155x133
  • 155 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Private Lot
  • Oversized Lot
  • Property is zoned R4SF

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Canal

Schools

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

Listing and Financial Details

  • Legal Lot and Block 4 / D
  • Assessor Parcel Number 0002060007

Community Details

Overview

  • Association fees include common area taxes, management, private road
  • Longboat Private Services David Novak Association, Phone Number (941) 306-1118
  • Visit Association Website
  • Longboat Key Estates Community
  • Longboat Key Estates Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fishing
  • Park
  • Fishing Pier
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$13,719

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Management, Private Road
  • Property Type: Land
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 21004
  • Directions to Property: Driving south on Gulf of Mexico Drive, turn left onto Royal Rd. Take your first left onto Jessmyth Drive. Property is on the right and includes bay front land to the left.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044065
  • RATIO Current Price By Calculate: 123.79
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Attribution Contact: 863-686-3173
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 554

Exterior Features

  • Direction Faces: North
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 155
  • Water View: Bay/Harbor - Full,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 155
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0019F
  • Additional Water Information: Current owners had 38 ft. boat and could spin and dock boat.
  • Price Per Acre: 5416667

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Water Access, Waterfront
  • Association Amenities: Park
  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Association Name: Longboat Private Services - David Novak
  • Phone: 941-306-1118
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: Pets allowed per municipal/county ordinance.
  • Association Fee Requirement: Required
  • Association URL: www.lbkestates.com

Fee Information

  • Total Annual Fees: 3000.00
  • Total Monthly Fees: 250.00
  • Monthly HOA Amount: 250.00

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0002060007
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Oversized Lot, Street Dead-End, Paved, Private
  • Lot Dimensions: 155x133
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1951
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 13718.69
  • Tax Block: D
  • Tax Book Number: 5-98
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 1, 2023
Sold by
Charlton Tami Andrews
Bought by
Mcjr Property Holding Llc
Seller's Agent
Lauren Clark
RUTHVENS, INC.
Buyer's Agent
Jayne Del Medico
COLDWELL BANKER REALTY
List Price
$2,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$395,000
-13.19%
Views
41
Current Estimated Value
$2,584,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,575
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Jul 12, 2022
Sold by
Scott Charlton Robert and Andrews Tami
Bought by
Charlton Tami Andrews

Purchase Details

Closed on
Apr 25, 2014
Sold by
Winfree Robert A
Bought by
Charlton Scott and Charlton Tami

Purchase Details

Closed on
Apr 26, 1995
Sold by
Yeager Phillip C and Yeager Joyce Edna
Bought by
Yeager Phillip C
Source: Public Records

Range of Values:

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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
Mcjr Property Holding Llc $2,600,000 None Listed On Document
Charlton Tami Andrews -- Putnam Abel A
Charlton Scott $1,000,000 Attorney
Yeager Phillip C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $2,600,000 -13.2% $703 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $2,995,000 -- $809 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $32,749 $1,932,000 $1,696,200 $235,800
2023 $14,447 $2,446,500 $2,152,800 $293,700
2022 $13,719 $1,016,534 $0 $0
2021 $13,939 $986,926 $0 $0
2020 $14,042 $973,300 $757,200 $216,100
2019 $13,122 $878,700 $692,700 $186,000
2018 $13,797 $924,400 $757,200 $167,200
2017 $12,474 $856,300 $678,700 $177,600
2016 $11,949 $804,700 $600,200 $204,500
2015 $12,141 $809,900 $566,500 $243,400
2014 $11,566 $419,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lauren Clark

    RUTHVENS, INC.

    (863) 686-3173

    1 in this area

    12 Total Sales

    Lauren Clark
    Section Image
  • Jayne Del Medico

    Buyer's Agent in 2023

    Jayne Del Medico

    COLDWELL BANKER REALTY

    (941) 350-5063

    4 in this area

    83 Total Sales

    Jayne Del Medico
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4939751

Stellar MLS

APN: 0002-06-0007

Florida Sarasota County Longboat Key 34228

554 Jessmyth Dr, Longboat Key, FL

This home is located at 554 Jessmyth Dr, Longboat Key, FL 34228 since 27 September 2023 and is currently estimated at $2,584,425, approximately $698 per square foot. 554 Jessmyth Dr is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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