NOT LISTED FOR SALE

589 Bayview Dr Longboat Key, FL 34228

Estimated Value: $906,000 - $1,135,000

3 Beds
2 Baths
1,664 Sq Ft
$621/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $1,065,000 $640 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,664/month

184 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity
  • Boat Lift
  • Anna Maria Elementary School Rated A-
  • Beach Access
  • Heated In Ground Pool

About This Home

As of October 2024

Price Improvement on one of the Best Canal Front Locations on all of Longboat Key. Explore the allure of Longboat Key with this incredible opportunity—a three-bedroom, two-bath residence featuring a private swimming pool and spa on a deep water salt canal with dock, seawall, and lift in place. Enjoy peekaboo views of the bay, and envision even more sprawling vistas with any future additions and/or redevelopment. Conveniently located just five houses from the bay and offering easy access to the Intracoastal Waterway and the Gulf of Mexico. This charming home boasts a split floor plan, remodeled kitchen with updated cabinets, countertops and appliances, and a wood-burning fireplace in the oversized dining room.

The open family room is literally walls of glass taking in the sparkling waters of the pristine swimming pool and canal.

Large master bedroom boast Walk-in closet space and sliders leading to the pool. Guest bedrooms are generously sized, and the original guest bathroom exudes charm with its antique tiles. Seize this excellent location and pricing, perfect for immediate enjoyment or future redevelopment. The heated 40-foot swimming pool with an attached spa overlooking the water awaits, and the 10,000-pound lift is already in place awaiting your vessel. Walk to the public beach access across the street for the best surf break on Longboat Key. Nearby, find fine dining, shopping, tennis, fitness clubs, and community parks, ensuring a quintessential Longboat Key lifestyle. Don't miss the chance to witness this essence of Longboat Key—schedule a viewing today. Additional photos coming soon!

For future redevelopment, potential Bay Views could be outstanding at this property location. Only five back from the bay, at the right elevation new construction could incorporate breathtaking Bay views to the north, east and south looking out towards Bishops bayou, ICW, Jewfish and Sister Keys.

Last Agent to Sell the Property

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES Brokerage Phone: 941-387-8888 License #3081650 Listed on: 02/09/2024

CENTURY 21 BEGGINS ENTERPRISES

Last Buyer's Agent

Nick Janovsky

PREMIER SOTHEBYS INTL REALTY License #3324411

PREMIER SOTHEBYS INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,830

Year Built

  • Built in 1951

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Street terminates at a dead end
  • South Facing Home
  • Vinyl Fence
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,664 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Dock made with Composite Material
  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bayview Estates Community
  • Bayview Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,830

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 1664
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 2749
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 640.02
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-387-8888
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Other, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Shades
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 154.59

Exterior Features

  • Direction Faces: South
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: SARASOTA BAY TO GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 100
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Sarasota Bay to Gulf of Mexico

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Phone Available, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer/Buyer's agent to verify

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: 7859700002
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: Cul-De-Sac, City Limits, Level, Near Golf Course, Near Marina, Near Public Transit, Street Dead-End, Paved
  • Lot Dimensions: 100x100
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer/Buyer's agent to verify

Tax Info

  • Tax Annual Amount: 13830
  • Tax Book Number: 291-99
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Approval Process: Buyer/Buyer's agent to verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Oct 2, 2024
Sold by
Watson David J
Bought by
Galati Thomas Timothy and Beard Meghan Louise
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Nick Janovsky
PREMIER SOTHEBYS INTL REALTY
List Price
$1,350,000
Sold Price
$1,065,000
Premium/Discount to List
-$285,000
-21.11%
Views
89
Current Estimated Value
$1,032,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,301
Avg. Annual Appreciation
-3.03%

Purchase Details

Closed on
Feb 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Watson David J

Purchase Details

Closed on
Sep 17, 2008
Sold by
Caliri Philip R and Caliri Elizabeth A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 22, 2005
Sold by
Reichel Richard L and Reichel Margaret K
Bought by
Caliri Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 1994
Sold by
Crowner James M and Crowner Alice Jean
Bought by
Reichel Richard L and Reichel Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.1%

Purchase Details

Closed on
Mar 28, 1994
Sold by
Crowner James M and Crowner Alice Jean
Bought by
Reichel Richard L and Reichel Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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List Price
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
Galati Thomas Timothy $1,065,000 Majesty Title Services
Watson David J $425,000 Titleplus Llc
Deutsche Bank National Trust Co -- Attorney
Caliri Philip R $845,000 --
Reichel Richard L -- --
Reichel Richard L $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caliri Philip R $145,000
Previous Owner Caliri Philip R $700,000
Previous Owner Reichel Richard L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $1,065,000 0.0% $640 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/07/2024 08/07/24 Off Market $1,065,000 -- --
05/02/2024 05/02/24 Price Changed $1,200,000 -4.0% $721 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,250,000 -7.4% $751 / Sq Ft
02/09/2024 02/09/24 For Sale $1,350,000 -- $811 / 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
2025 $14,013 $446,293 $442,000 $4,293
2024 $14,013 $1,164,072 $442,000 $722,072
2023 $13,830 $1,182,365 $442,000 $740,365
2022 $11,082 $826,178 $350,000 $476,178
2021 $8,993 $580,568 $260,000 $320,568
2020 $8,742 $536,900 $250,000 $286,900
2019 $8,792 $536,900 $250,000 $286,900
2018 $8,757 $527,666 $250,000 $277,666
2017 $8,034 $519,280 $0 $0
2016 $7,328 $451,805 $0 $0
2015 $7,194 $442,412 $0 $0
2014 $7,194 $439,322 $0 $0
2013 $6,375 $382,019 $199,600 $182,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4599217

Stellar MLS

APN: 78597-0000-2