NOT LISTED FOR SALE

690 Cedar St Longboat Key, FL 34228

Estimated Value: $1,469,000 - $3,009,000

0.41 Acre
$5,108,534 Price per Acre
17,860 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $2,100,000 $1,126 Per Sq Ft

Current estimated payment $12,414/month

34 Days on Market

Highlights

  • 85 Feet of Waterfront
  • White Water Ocean Views
  • No HOA
  • Anna Maria Elementary School Rated A-
  • Access to Bay or Harbor
  • Heating Available

About This Lot

As of May 2021

A rare opportunity to acquire one of the best Bayfront parcels on Longboat Key.
This deep water, .41 acre Bayfront lot located in the historic Village on the north end of Longboat Key, combines the best of all worlds. A slice of old Florida, in a vibrant beach to bay neighborhood with the areas best restaurants a short stroll or golf cart ride away. Located near Longboat Pass, with 85’ of pristine deep water frontage, quick access to the gulf, and beautiful sunrise views.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 04/10/2021

Co-Listed By

Joe Prendiville

License #3389823

Last Buyer's Agent

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,400

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 85x150
  • 85 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned R6SF

Additional Features

  • White Water Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 690 CEDER ST

Community Details

Overview

  • No Home Owners Association
  • Sleepy Lagoon Community

Recreation

  • Access to Bay or Harbor
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$15,400

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17000
  • Directions to Property: Gulf of Mexico to Broadway take a right go to Marvista and take a right. Property straight ahead at curve.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.87683
  • Price per Sq Ft: 123.53
  • Close to Original List Price Ratio: 0.91503
  • View: No
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 690

Exterior Features

  • Direction Faces: East
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges
  • Water View Y N: Yes
  • Front Footage: 85
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 85
  • Water Frontage Feet Bay Harbor: 85

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R6SF
  • Parcel Number: 690 CEDER ST
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 85x150
  • Price Per Acre: 5121951
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 15400
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 1995
Sold by
Hawes Margaret M
Bought by
Arpke Raymond D and Arpke Darcy B
Current Estimated Value
$2,094,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arpke Raymond D $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Arpke Raymond D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $2,100,000 -12.3% $1,126 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $2,395,000 0.0% $1,284 / Sq Ft
05/06/2021 05/06/21 For Sale $2,395,000 +4.4% $1,284 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $2,295,000 +21.1% $1,231 / Sq Ft
03/10/2021 03/10/21 Sold $1,895,000 0.0% $1,016 / Sq Ft View Prior Sale
02/03/2021 02/03/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $1,895,000 -- $1,016 / 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 $15,188 $1,046,847 -- --
2024 $15,188 $1,017,344 -- --
2023 $15,083 $987,713 $0 $0
2022 $14,800 $958,945 $0 $0
2021 $9,142 $591,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reid Murphy

    Seller's Agent in 2021

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    106 in this area

    131 Total Sales

    Reid Murphy
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Joe Prendiville

    Section Image
  • Elizabeth Blandford

    Buyer's Agent in 2021

    Elizabeth Blandford

    SALTY MERMAID REAL ESTATE LLC

    (941) 224-3304

    2 in this area

    61 Total Sales

    Elizabeth Blandford
    Section Image
  • Mark McCann, PA

    Buyer's Agent in 2021

    Mark McCann, PA

    Michael Saunders

    (941) 685-7624

    1 in this area

    26 Total Sales

    Mark McCann, PA
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4497188

Stellar MLS

APN: 77757-0040-9

Florida Manatee County Longboat Key 34228

690 Cedar St, Longboat Key, FL

This home is located at 690 Cedar St, Longboat Key, FL 34228 since 10 April 2021 and is currently estimated at $2,094,499, approximately $1,123 per square foot. 690 Cedar St is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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