$1,050,000
SOLD JUL 21, 2025

650 Penfield St Longboat Key, FL 34228

2 Beds
2 Baths
1,579 Sq Ft
10,228 Sq Ft Lot

Recently Sold

$665 Per Sq Ft

19% Below List Price

127 Days on Market

Highlights

  • 110 Feet of Salt Water Canal Waterfront
  • Beach Access
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • Boat Lift
  • Canal View

About This Home

As of July 2025

An ELEVATED waterfront home uniquely positioned in an exceptional location on the fabulous north end of Longboat Key. This laid back, friendly, single-family neighborhood adds to the charm. With no high rises here, your morning strolls on the beach are only crowded by the shore birds. Surrounded by trees on all sides and sitting on a 10,230sf lot, when you enter into this home, you truly have a treehouse like feeling. An open great room featuring extra high ceilings with skylights let in the beautiful sunlight. An open breakfast bar allows whoever is in the nicely updated kitchen to always be a part of the party. A large deck off the great room and kitchen overlooks the serene canal and the tropical surround of trees and vegetation. The Primary bedroom also has its own covered deck with the pretty and private view and a nicely updated ensuite bath. The second bedroom offers your guests a quiet respite after a lovely day soaking in the sunshine. Keep your boat at the ready for a day on the water on the 7000lb lift., fish from your own dock, or drop in a kayak or paddleboard to enjoy the beautiful surroundings. Laid back island living at its finest yet close to all the wonderful restaurants and shopping that Longboat Key has to offer. If you’re looking for more, it’s just a short drive to St.Armands Circle and the cultural mecca of downtown Sarasota and Bradenton. Although the yard and trees took a hit from the recent storms, this home has remained free of damage. Whether you are looking to enjoy this paradise full time, use it as a vacation getaway or as an income producing rental, this could be the one for you.

Last Agent to Sell the Property

JoDene Moneuse

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3352154 Listed on: 02/13/2025

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kimberly Anderson

COLDWELL BANKER REALTY License #3612786

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 1978

Lot Details

  • 10,228 Sq Ft Lot
  • Lot Dimensions are 93x110
  • 110 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • West Facing Home
  • Mature Landscaping
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned R4SF

Home Design

  • Florida Architecture
  • Elevated Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,579 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Stone Countertops

Flooring

  • Bamboo
  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space
  • Ground Level Parking
  • Driveway

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • Property is near a marina
  • Access to Freshwater Canal
  • Dock has access to water
  • No Wake Zone
  • Rip-Rap
  • Boat Lift
  • Balcony
  • Deck
  • Outdoor Storage
  • Private Mailbox
  • Rear Porch

Location

  • Flood Zone Lot
  • 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
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,488

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida
  • Construction Materials: Frame
  • Fireplace: Yes
  • Living Area: 1579
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 3280
  • Lot Size Sq Ft: 10228
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive, Right on General Harris and turn Left on Penfield. 650 is on the right hand corner of General Harris and Penfield.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 664.98
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-383-7591
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Free Standing, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Parquet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 650
  • Living Area Meters: 146.69
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Balcony, Private Mailbox, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY/ICW
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach,Beach - Access Deeded,Canal - Freshwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,No Wake Zone,Riprap
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 110
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 110
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: No fixed bridges to the Gulf of Mexico

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway, Ground Level, Basement

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required 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: R4SF
  • Parcel Number: 7851700109
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Limits, In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Lot Dimensions: 93x110
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 950
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 mo min rentals allowed per the Town fo Longboat Key code and Manatee ordinances

Tax Info

  • Tax Annual Amount: 6488
  • Tax Book Number: 17-22
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mason Diane D
Bought by
Mason Diane D

Purchase Details

Closed on
Sep 26, 2000
Sold by
Field Nickolas H
Bought by
Mason Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.92%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Credit Line Revolving
Closed $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $1,050,000 -6.7% $665 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $1,125,000 -8.2% $712 / Sq Ft
03/20/2025 03/20/25 Price Changed $1,225,000 -5.4% $776 / Sq Ft
02/13/2025 02/13/25 For Sale $1,295,000 -- $820 / 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 $6,488 $433,960 -- --
2023 $6,435 $421,320 $0 $0
2022 $6,311 $409,049 $0 $0
2021 $6,123 $397,135 $0 $0
2020 $6,342 $391,652 $0 $0
2019 $6,234 $382,847 $0 $0
2018 $6,189 $375,709 $0 $0
2017 $5,407 $367,981 $0 $0
2016 $5,404 $360,412 $0 $0
2015 $5,305 $357,907 $0 $0
2014 $5,305 $355,066 $0 $0
2013 $5,192 $349,819 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4640119

Stellar MLS

APN: 78517-0010-9