NOT LISTED FOR SALE

7040 Firehouse Rd Longboat Key, FL 34228

Estimated Value: $977,000 - $1,504,000

4 Beds
3 Baths
2,780 Sq Ft
$470/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,395,000 $502 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,400/month

158 Days on Market

Highlights

  • Property is near a marina
  • Heated In Ground Pool
  • Florida Architecture
  • Anna Maria Elementary School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of April 2024

This Key West style home is the lowest priced 4 bedroom home located WEST of Gulf of Mexico Drive. This is where you will easily access the famous white sandy beaches and blue green waters of the Gulf of Mexico. No crossing the busy Gulf of Mexico Drive for this new Owner. A tranquil island lifestyle awaits you in this charming home nestled in the picturesque 27-home premium enclave of Conrad Beach on north Longboat Key. Built in 1953, the home originally housed The Peppermint Stick restaurant, built by a couple from Connecticut who dismantled their house, shipped it to Longboat Key and rebuilt it. The restaurant became L ’Auberge (Locals will remember). The Award winning Architect Frank Folsom Smith of Sarasota remodeled, expanded and converted the former eatery into a Key West-style home in 1999 and developed the surrounding Key-West style community of Conrad Beach. His wife, interior designer Anne Folsom Smith, reimagined the interior of the 2,800-square-foot two-story home. Upon entering, visitors are welcomed into a light-filled living/dining room, featuring a wood-beam ceiling, striking stained-glass window and walls of glass on three sides with views of the tropical landscaping. French doors open to a quaint patio and private yard beneath towering oaks. Tile flooring flows into the kitchen, which offers an island, abundant counters and cabinetry, and a breakfast area. The first floor also features a primary suite with expansive built-in shelves, large walk-in closet with built-ins and a bright bathroom with a walk-in shower, beautiful soaking tub, dual sinks and a makeup table. Stunning wood floors grace the second level, which includes a large family room with bead board paneling, ample space for working at home, storage closet, three guest bedrooms and a full bathroom. An additional guest bath is on the first floor. The family room opens to a long screened porch an ideal spot for soaking in serene views of mature trees and coastal breezes. The lucky Residents of Conrad Beach have access to a large community pool and is just a stone’s throw away from the front door. Don’t miss this incredible opportunity to make this island sanctuary near the beach your own. The Seller has priced the home realizing that the new owner will want their own design style and this list price allows for that. Longboat Key will be welcoming the world renowned St. Regis hotel in 2024… The Village of Longboat Key is minutes away with the Shore, Mar Vista and Whitney restaurants nearby. This north Longboat Key location offers easy access off the north bridge to Sarasota/ Bradenton Airport. Pet friendly too. Photos with furnishings were taken prior to listing. Home is selling unfurnished.

Last Agent to Sell the Property

Maureen Horn

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3102504 Listed on: 10/09/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

JoDene Moneuse

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3352154

Last Buyer's Agent

Maureen Horn

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3102504 Listed on: 10/09/2023

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,377

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Wood Fence
  • Irrigation
  • Landscaped with Trees
  • Garden
  • Property is zoned R3SF

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Blinds
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Property is near a marina
  • Balcony
  • Exterior Lighting
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • 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
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Steve Bergman Association, Phone Number (563) 508-6483
  • Conrad Beach Community
  • Conrad Beach Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,377

Year Built

Built in 1953

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2780
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 3508
  • Lot Size Sq Ft: 11334
  • Directions to Property: Located on the North end of Longboat Key, follow Gulf of Mexico Dr and turn West (towards the beach) on Broadway, make an immediate right on Firehouse Rd. The mailbox indicates 7040 and either park out front on the shells or turn into the driveway and park in front of the garage. (Driveway is shared with the next door neighbor) Front door is on the side.
  • Status: Sold
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 501.80
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7040
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room
  • Living Area Meters: 258.27
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Auto Cleaner, Heated, In Ground, Lighting
  • Exterior Features: Awning(s), Balcony, French Doors, Garden, Irrigation System, Lighting, Private Mailbox
  • Roof: Metal
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Other
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081CO291F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 1250
  • Association Fee Frequency: Quarterly
  • Association Name: Steve Bergman
  • Phone: 563-508-6483
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: None
  • Association Fee Requirement: Required
  • Association Email: sberg434@aol.com

Fee Information

  • Total Annual Fees: 5000.00
  • Total Monthly Fees: 416.67
  • Monthly HOA Amount: 416.67

Schools

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

Lot Info

  • Zoning: R3SF
  • Parcel Number: 7817202139
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Flood Insurance Required, FloodZone, In County, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1053

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA for details

Tax Info

  • Tax Annual Amount: 10377.25
  • Tax Book Number: 32-172
  • Tax Lot: 22

Multi Family

  • Approval Process: See HOA for details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Apr 30, 2024
Sold by
Kingman Penelope L and Penelope L Kingman Trust
Bought by
Kennedy Maureen K and Kennedy Daniel D
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
List Price
$1,995,000
Sold Price
$1,395,000
Premium/Discount to List
-$600,000
-30.08%
Views
92
Current Estimated Value
$1,305,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,646
Avg. Annual Appreciation
-4.51%
Original Mortgage
$1,116,000
Outstanding Balance
$1,101,195
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$204,159

Purchase Details

Closed on
Oct 21, 2005
Sold by
Kingman Penelope L
Bought by
Kingman Penelope L and Penelope L Kingman Trust

Purchase Details

Closed on
Aug 5, 2005
Sold by
Holmes Jan M and Jan M Holmes Revocable Trust
Bought by
Kingman Penelope L

Purchase Details

Closed on
Jun 14, 2001
Sold by
Holmes Timothy M and Holmes Jan Mari
Bought by
Holmes Jan M

Purchase Details

Closed on
Jun 9, 2000
Sold by
Rivendell Land Co
Bought by
Holmes Timothy M and Holmes Jan Mari

Purchase Details

Closed on
Jul 13, 1998
Sold by
Longbeach I Inc
Bought by
Rivendell Land Co
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
Kennedy Maureen K $1,395,000 Coastal Key Title
Kingman Penelope L -- --
Kingman Penelope L $1,190,000 --
Holmes Jan M -- --
Holmes Timothy M $570,000 --
Rivendell Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Maureen K $1,116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $1,395,000 -17.7% $502 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $1,695,000 -5.6% $610 / Sq Ft
11/13/2023 11/13/23 Price Changed $1,795,000 -10.0% $646 / Sq Ft
10/09/2023 10/09/23 For Sale $1,995,000 -- $718 / 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 $24,419 $555,237 $550,317 $4,920
2024 $24,419 $1,549,662 $550,317 $999,345
2023 $10,377 $664,549 $0 $0
2022 $10,266 $645,193 $0 $0
2021 $10,021 $626,401 $0 $0
2020 $10,418 $617,752 $0 $0
2019 $10,102 $603,863 $0 $0
2018 $10,065 $592,604 $0 $0
2017 $9,059 $580,415 $0 $0
2016 $9,102 $570,405 $0 $0
2015 $9,095 $566,440 $0 $0
2014 $9,095 $561,944 $0 $0
2013 $8,585 $553,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584884

Stellar MLS

APN: 78172-0213-9