NOT LISTED FOR SALE

641 Broadway St Longboat Key, FL 34228

Estimated Value: $303,000 - $456,000

0.14 Acre
$2,616,736 Price per Acre
5,998 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $375,000

Est. 2% decrease in value since last sale

Current estimated payment $2,390/month

51 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean To Bay
  • Corner Lot
  • Anna Maria Elementary School Rated A-
  • Garden View
  • No HOA

About This Lot

As of June 2024

Welcome to the undeniable charm of the coveted historical Longbeach Village. Take advantage of this incredible opportunity to realize your dream of island living in a custom home just off the coast of Sarasota, Florida. Seize the chance to create your ideal living space on one of the few remaining and most affordable vacant parcels on Longboat Key. This corner lot boasts the optional feature of rear alley access, offering both attractive design flexibility and convenience with additional entry points to the property available from potentially three sides. Situated centrally within the golf-cart friendly Village, this lot provides easy access to so much of what Longboat Key has to offer. Experience the breathtaking white sands and azure waters of the Gulf of Mexico just opposite the entrance to the Village, as well as the community’s access along Sarasota Bay, for both stunning sunrises and sunsets. The neighborhood enjoys multiple unique and convenient kayak launch points within the community, two docks, a boat ramp, and an array of waterfront dining, shopping, and amenities - all moments from your future home. It is an exceptional place to call your own. Embark upon planning for this magnificent piece of island real estate today. There is the rare opportunity for a family compound by purchasing the adjacent home at 7030 Poinsettia with its separate guest suite, which is also currently on the market. Start living the island lifestyle right away while your dream home takes shape next door.

Last Agent to Sell the Property

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-7591 License #3422984 Listed on: 04/08/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-7591 License #3422984 Listed on: 04/08/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,562

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Property fronts an alley
  • South Facing Home
  • Corner Lot
  • Property is zoned R6SF

Property Views

  • Garden Views

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 16
  • Assessor Parcel Number 7792200003

Community Details

Overview

  • No Home Owners Association
  • Long Beach Community
  • Longbeach On Longboat Key Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Beach Access
  • Water access To Gulf or Ocean To Bay
  • Fishing Pier

Property Details

Property Type

Land

Est. Annual Taxes

$4,562

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5998
  • Directions to Property: From Sarasota north on Gulf of Mexico, Right on Broadway, lot is on the left at the corner of Poinsetta and Broadway.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 62.52
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Dock,Fishing,Intracoastal Waterway,Public Boat Ramp,Water Access,Waterfront
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 641

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Alley, City Street
  • View: Garden
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean to Bay
  • Water Extras: Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Community is along Sarasota Bay and adjacent bayous, providing community access to boat ramp, docks, and kayak launches. Directly across Gulf of Mexico Dr is public beach access and the Gulf of Mexico with parking and bicycle racks.
  • Price Per Acre: 2678571

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available, Street Lights, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Golf Carts OK, Sidewalks
  • Association: No
  • Association 2 YN: 0

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: R6SF
  • Parcel Number: 7792200003
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Corner Lot, Paved
  • Lot Dimensions: 50 x 120
  • Flood Zone Code: AE
  • Lot Size Square Meters: 557
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4562
  • Tax Block: 16
  • Tax Book Number: 1-306
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 14, 2024
Sold by
Lamb Shawn Casey and Loden Denise
Bought by
Tario Paul Timothy and Tario Marilyn Clair
Seller's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$750,000
Sold Price
$375,000
Premium/Discount to List
-$375,000
-50%
Views
9
Current Estimated Value
$366,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,657
Avg. Annual Appreciation
-6.40%

Purchase Details

Closed on
Jul 2, 2021
Sold by
Ashley Kathryn Holt
Bought by
Loden Denise and Lamb Shawn Casey
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
Tario Paul Timothy $375,000 None Listed On Document
Loden Denise $215,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $375,000 -31.8% --
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $550,000 -20.9% --
04/23/2024 04/23/24 Price Changed $695,000 -7.3% --
04/08/2024 04/08/24 For Sale $750,000 -- --
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
2024 $4,725 $326,400 $326,400 --
2023 $4,562 $316,200 $316,200 $0
2022 $3,662 $198,000 $198,000 $0
2021 $3,236 $180,000 $180,000 $0
2020 $3,048 $150,000 $150,000 $0
2019 $3,062 $150,000 $150,000 $0
2018 $3,090 $150,000 $150,000 $0
2017 $2,577 $150,000 $0 $0
2016 $2,629 $150,000 $0 $0
2015 $2,887 $192,000 $0 $0
2014 $2,887 $184,375 $0 $0
2013 $2,461 $147,500 $147,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4606422

Stellar MLS

APN: 77922-0000-3