$775,000
$375K PRICE DROP

650 Gulf Bay Rd Longboat Key, FL 34228

Estimated payment $4,826/month

Total Views 3,854
0.21 Acre
$3,690,476 Price per Acre
9,000 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • No HOA
  • 4-minute walk to Joan M. Durante Community Park
  • Anna Maria Elementary School Rated A-

About This Lot

Rare opportunity for investment or rental opportunity on lot zoned for Duplex. Rebuild the current structure (1,135 Sq Ft 2 br 2 ba each side) or build your best version of a duplex rental property located on Longboat Key on this 9,000 sq ft lot. Convenient North Key Location. The Gulf, Kayak/Sarasota Bay Access, Euphemia Haye Restaurant, Joan Duarte Park are literally at either end of the block on Gulf Bay Road. Public beaches, Anna Maria Island, Sarasota and St Armand’s Circle shopping area are short drive away. Adjacent property next door also available.

Listing Agent

Sean Clark

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3440725 Listed on: 12/30/2024

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,549

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 100x90x101x80
  • Street terminates at a dead end
  • North Facing Home
  • Additional Parcels
  • Property is zoned 0800DUPLEX

Property Views

  • Views of Woods

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bailey Dobson Community
  • Bailey Dobson Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 7987800059

Property Details

Property Type

Land

Est. Annual Taxes

$6,549

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9000
  • Number Of Lots: 1
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to Gulf Bay Road. Lot is on the right.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 86.11
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • AG Exemption YN: 0
  • 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: 650

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: City Street
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Price Per Acre: 3690476
  • Easements: South Side

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 0800DUPLEX
  • Parcel Number: 7987800059
  • Additional Parcels Description: 7987800109
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: Buildable, City Limits, Street Dead-End
  • Lot Dimensions: 100x90x101x80
  • Flood Zone Code: AE
  • Lot Size Square Meters: 836
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6549
  • Tax Book Number: 9-51
  • Tax Lot: 16

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,772 $760,005 $331,500 $428,505
2023 $6,549 $521,219 $0 $0
2022 $5,364 $360,680 $0 $0
2021 $4,809 $306,892 $0 $0
2020 $4,780 $290,367 $0 $0
2019 $4,717 $284,875 $0 $0
2018 $4,342 $267,943 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $775,000 -3.0% --
02/27/2025 02/27/25 Price Changed $799,000 -30.5% --
12/30/2024 12/30/24 For Sale $1,150,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed $390,000 Mti Title Ins Agency Inc
Source: Public Records

Source: Stellar MLS

MLS Number: A4633783

Stellar MLS

APN: 79878-0005-9