$1,495,000
$255K PRICE DROP

691 Gulf Bay Rd Longboat Key, FL 34228

Estimated payment $9,228/month

Total Views 5,353
3 Beds
2 Baths
1,581 Sq Ft
$946 Price per Sq Ft

Highlights

  • Beach Access
  • View of Trees or Woods
  • Deck
  • Anna Maria Elementary School Rated A-
  • Open Floorplan
  • 3-minute walk to Joan M. Durante Community Park

About This Home

Experience the ultimate in Longboat Key living with this beautifully remodeled and elevated single-family home that captures the essence of luxury coastal living on Florida's most prestigious barrier island. This move-in-ready residence offers deeded beach access, direct views, and access to the surrounding Joan M. Durante Park, and a quiet street that dead-ends to Sarasota Bay, making it the perfect retreat for those seeking both privacy and connection to nature. Inside, you'll find a stunning open-concept layout filled with natural light, featuring a gourmet kitchen with soft-close white shaker cabinets, expansive quartz countertops, a generous island with breakfast bar, and an extra-large built-in pantry—ideal for entertaining or relaxing after a day at the beach. The spacious primary suite is thoughtfully separated from the other bedrooms for maximum tranquility and offers a renovated ensuite bathroom with a luxurious tile shower and a large walk-in closet. The second bedroom opens directly onto a southeast-facing front porch, perfect for enjoying morning sunrises, while the versatile third bedroom easily adapts as a guest room, home office, or creative studio. Both bathrooms have been fully renovated with elegant tile showers and modern finishes. This elevated home provides enhanced security and peace of mind, while the oversized two-car garage offers ample storage, space for a home gym, and plenty of room for bikes, kayaks, or paddleboards. Step outside to savor your coffee on the private porch or unwind on the back deck as you watch birds and wildlife in the lush 32-acre nature preserve. The expansive, 18,000 square foot, double lot provides endless possibilities for expansion, adding a private pool, or exploring subdivision opportunities (subject to permitting). Recent upgrades ensure a worry-free lifestyle, including a new roof, water heater, plumbing, AC, floors, bathrooms, kitchen, exterior paint, soffits, gutters, garage doors, and wiring—all completed between 2022 and 2024. With no HOA and easy access to Longboat Key's pristine white sand beaches and the crystal-clear waters of the Gulf of Mexico, this home is ideal as a primary residence, vacation getaway, or investment property. Enjoy the convenience of nearby dining at Lo’ Key Island Grille, pick up a gourmet sandwich from Harry’s Deli & Bakery on your way to the beach, or cool off with a cone from Tyler’s Gourmet Ice Cream—all just minutes from shopping, Longboat Key Club golf courses, and local marinas. Embrace the coveted Longboat Key lifestyle, where every sunrise brings new possibilities and where the blend of luxury, natural beauty, and coastal adventure creates a true paradise. Discover your dream home at 691 Gulf Bay Road and make every day feel like a vacation on Florida's most prestigious barrier island.

Listing Agent

Angela Scott

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3527561 Listed on: 02/28/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1976

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 200x90
  • Street terminates at a dead end
  • Southeast Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R4SF

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • Woods
  • Garden
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck
  • Rain Gutters
  • Private Mailbox
  • Front Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,669

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 1581
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 3540
  • Lot Size Sq Ft: 18000
  • Number Of Lots: 2
  • Directions to Property: From South Longboat Key, head north on Gulf of Mexico Drive and take a right on Gulf Bay Road. Property with be on the left.
  • Status: Active
  • 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: 945.60
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-7591
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 691
  • Living Area Meters: 146.88
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Private Mailbox, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Garden, Park/Greenbelt, Trees/Woods
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Easement to Gulf of Mexico

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Observe Manatee County Lease Laws

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: 7986800006
  • Additional Parcels Description: 7986700008
  • Additional Parcels: Yes
  • Lot Features: FloodZone, City Limits, Level, Oversized Lot, Street Dead-End
  • Lot Dimensions: 200x90
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1672

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rentals allowed according to the Town of Longboat Key code & Manatee Co. Ordiances.

Tax Info

  • Tax Annual Amount: 11669.29
  • Tax Book Number: 9-51
  • Tax Lot: 10

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 $9,082 $596,641 -- --
2023 $9,014 $579,263 $0 $0
2022 $8,837 $561,814 $180,000 $381,814
2021 $7,077 $408,937 $165,000 $243,937
2020 $6,871 $374,501 $150,000 $224,501
2019 $6,906 $374,501 $150,000 $224,501
2018 $6,663 $355,277 $150,000 $205,277
2017 $5,661 $344,345 $0 $0
2016 $5,346 $317,458 $0 $0
2015 $4,924 $307,560 $0 $0
2014 $4,924 $293,369 $0 $0
2013 $4,753 $284,824 $98,300 $186,524
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $1,495,000 -9.3% $946 / Sq Ft
05/06/2025 05/06/25 Price Changed $1,649,000 -2.7% $1,043 / Sq Ft
04/11/2025 04/11/25 Price Changed $1,695,000 -3.1% $1,072 / Sq Ft
02/28/2025 02/28/25 For Sale $1,750,000 -- $1,107 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 Rosenberg Pllc
Warranty Deed -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $408,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4642521

Stellar MLS

APN: 79868-0000-6