NOT LISTED FOR SALE

620 Hibiscus Way Longboat Key, FL 34228

Estimated Value: $1,766,000 - $2,112,055

0.17 Acre
$11,672,659 Price per Acre
7,471 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $280,000

Est. 609% increase in value since last sale

Current estimated payment $12,712/month

222 Days on Market

About This Lot

As of March 2021

Introducing The Preserve at Longbeach, an exclusive enclave of 12 new construction, light filled and luxurious contemporary homes. Refinement meets relaxation at the north end of LBK in Longbeach Village - where beach-to-bay access with waterfront amenities, al fresco dining, multiple kayak launch points, a neighborhood boat dock and ramp, and a free-spirited lifestyle await. Exhale and enjoy a neighborhood where the waterfront is at your fingertips and peacocks walk the streets. All that makes Coastal Florida living so enchanting is yours to enjoy here - be one of only 12. Purchase a site now; our team will work with you to design and build a custom home tailored just to your needs and preferences. The Preserve features a variety of floorplans, views, and homesites, with prices of new construction homes beginning at $1.15 million and sites from $350k. All homes offer private pools, designer finishes, indoor/outdoor living, and the highest quality craftsmanship. Sale and leaseback opportunities available for the model hom

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 07/18/2020

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 07/18/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,528

Lot Details

  • 7,471 Sq Ft Lot
  • Lot Dimensions are 60 x120
  • Property is zoned R6SF

HOA Fees

  • $30 Monthly HOA Fees

Utilities

  • Cable TV Available

Community Details

  • Reid@Reidmurphy.Com Association, Phone Number (941) 232-3304
  • Long Beach Community

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 7782201209

Property Details

Property Type

Land

Est. Annual Taxes

$3,528

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7471
  • Directions to Property: Gulf of Mexico Dr to North Longboat Turn east on Broadway, take second right on Longboat Drive and go three blocks. Site is on the left.
  • List Office Head Office Key Nume: 1046763
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 620

Exterior Features

  • Flood Zone Code: Ae

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Long Beach
  • Monthly HOA Fees: 30.00
  • Association Fee: 360.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: reid@reidmurphy.com
  • Phone: 9412323304
  • Association: Yes
  • Association Email: reid@reidmurphy.com

Fee Information

  • Total Annual Fees: 360.00
  • Total Monthly Fees: 30.00

Lot Info

  • Price Per Acre: 1647059
  • Total Acreage: 0 to less than 1/4
  • Zoning: R6SF
  • Parcel Number: 7782201209
  • Current Use: Residential
  • Lot Dimensions: 60 x120
  • Lot Size Square Meters: 694

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3527.97
  • Tax Lot: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Kress Larry Stuart
Bought by
Kress Ciara T and Turner Ninah J
Current Estimated Value
$1,984,352

Purchase Details

Closed on
Jan 13, 2021
Sold by
The Preserve At Longbeach Llc
Bought by
Kress Larry S
Source: Public Records

Range of Values:

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Average Value
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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
Kress Ciara T $100 None Listed On Document
Kress Larry S $240,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $280,000 -5.1% --
02/25/2021 02/25/21 Pending -- -- --
07/18/2020 07/18/20 For Sale $295,000 -- --
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 $25,433 $1,553,399 $366,357 $1,187,042
2024 $25,433 $1,696,240 $366,357 $1,329,883
2023 $5,176 $354,908 $354,908 $0
2022 $4,169 $222,973 $222,973 $0
2021 $3,714 $202,035 $202,035 $0
2020 $3,528 $172,035 $172,035 $0
2019 $3,552 $172,035 $172,035 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4472817

Stellar MLS

APN: 77822-0120-9