NOT LISTED FOR SALE

711 Binnacle Point Dr Longboat Key, FL 34228

Estimated Value: $1,452,000 - $1,708,000

3 Beds
2 Baths
1,925 Sq Ft
$826/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,200,000 $623 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,156/month

Highlights

  • Water Views
  • Water Access
  • Great Room
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • Solid Surface Countertops

About This Home

As of March 2021

Home located on one of Longboat Key's widest sailboat canals with deeded beach access. "Emerald Harbor" is a boater's paradise. The heavy-duty remote boat lift can easily facilitate a large yacht or sailboat. The home was completely remodeled 5 years ago, inside & out. Golfing enthusiasts can purchase a membership at the Longboat Key Club with world-class tennis & social activities, which is a short distance away. Great restaurants on Anna Maria, Longboat Key, & St. Armands Circle. This has it all.

Last Agent to Sell the Property

Anita Caravello

FINE PROPERTIES License #0619989 Listed on: 01/12/2021

FINE PROPERTIES

Last Buyer's Agent

Anita Caravello

FINE PROPERTIES License #0619989 Listed on: 01/12/2021

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,564

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100x186
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Property is zoned R4SF

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding

Interior Spaces

  • 1,925 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Tile Flooring
  • Water Views
  • Laundry closet

Kitchen

  • Range with Range Hood
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Wrap Around Porch
  • Screened Patio

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include trash
  • Susan Mcveigh Jones Association, Phone Number (610) 999-9078
  • Emerald Harbor Community
  • Emerald Harbor Subdivision
  • Association Approval Required

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 7890300002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,564

Year Built

Built in 1968

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • HOA Fee Includes: Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Water Extras: Boat Ramp - Private, Bridges - No Fixed Bridges, Dock w/Electric, Lift, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1925.00
  • Lot Size Acres: 0.43
  • Year Built: 1968
  • Building Area Total: 3178.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488138?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488138?w=Customer
  • Lot Size Sq Ft: 18600
  • Number Of Lots: 1
  • Building Search Sq Meters: 295.25
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Insulated Windows, Shades, Window Treatments
  • Living Area Meters: 178.84

Exterior Features

  • Direction Faces: South
  • Additional Water Information: 100' wide canal, deep water perfect for large yachts, sail boats & kayaks that provide direct access to Sarasota Bay with No Bridges! Deeded beach on Gulf of Mexico across street.
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 100
  • Water Access: Bay/Harbor, Beach - Access Deeded, Canal - Saltwater
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Water View: Bayou, Canal, Intracoastal Waterway
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Water Body Name: HARRIS BAYOU, SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened, Wrap Around

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Emerald Harbor
  • Community Features: Water Access, Waterfront
  • Subdivision Section Number: 23
  • Monthly HOA Fees: 41.67
  • Association Approval Required: Yes
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: Susan McVeigh Jones
  • Phone: 610-999-9078
  • Association: Yes

Fee Information

  • Waterfront Frontage: 100
  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R4SF
  • Parcel Number: 7890300002
  • Lot Features: FloodZone, Near Golf Course, Street Dead-End, Street Paved
  • Lot Dimensions: 100x186
  • Lot Size Square Meters: 1728

Rental Info

  • Minimum Lease: 1 Month
  • Pets Allowed: Yes

Multi Family

  • Approval Process: See Approval Process
  • Waterfront Features: Canal - Saltwater

Tax Info

  • Tax Annual Amount: 11564.44
  • Tax Book Number: 12-41
  • Tax Lot: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 10, 2021
Sold by
Dreyer George and Dreyer Marilyn
Bought by
Kari Kenneth and Kari Yvette
Seller's Agent
Anita Caravello
FINE PROPERTIES
Buyer's Agent
Anita Caravello
FINE PROPERTIES
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,590,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,202
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Dec 14, 2020
Sold by
Propis Paul J and The Paul E Phillips Trust
Bought by
Dreyer George and Dreyer Marilyn

Purchase Details

Listed on
Oct 27, 2014
Closed on
Dec 30, 2015
Sold by
Carrier Richard
Bought by
Philips Paul E and Paul E Phillips Trust
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
List Price
$815,000
Sold Price
$815,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$715,500
Interest Rate
3.25%
Mortgage Type
VA

Purchase Details

Closed on
Feb 15, 2011
Sold by
Carrier Roberta
Bought by
Carrier Richard

Purchase Details

Closed on
Jul 31, 2002
Sold by
Falls Joseph S and Falls Jane I
Bought by
Carrier Richard and Carrier Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.62%

Purchase Details

Closed on
Apr 1, 1998
Sold by
Siebols Paul Z and Siebols Deborah K
Bought by
Falls Joseph E and Falls Jane I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.95%
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
Kari Kenneth $1,200,000 Attorney
Dreyer George -- Attorney
Philips Paul E $815,000 Attorney
Carrier Richard -- Attorney
Carrier Richard $562,500 --
Falls Joseph E $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philips Paul E $715,500
Previous Owner Carrier Richard $450,000
Previous Owner Falls Joseph E $302,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $1,200,000 -4.0% $623 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $1,250,000 +53.4% $649 / Sq Ft
08/17/2018 08/17/18 Off Market $815,000 -- --
12/30/2015 12/30/15 Sold $815,000 0.0% $423 / Sq Ft View Prior Sale
10/20/2015 10/20/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $815,000 -- $423 / 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 $21,481 $1,420,280 $616,250 $804,030
2024 $21,481 $1,535,600 $616,250 $919,350
2023 $20,917 $1,536,110 $616,250 $919,860
2022 $16,931 $1,070,374 $485,000 $585,374
2021 $13,026 $815,616 $440,000 $375,616
2020 $11,564 $729,471 $0 $0
2019 $11,363 $713,070 $0 $0
2018 $11,288 $699,774 $425,000 $274,774
2017 $10,212 $688,120 $0 $0
2016 $10,213 $673,967 $0 $0
2015 $10,933 $671,791 $0 $0
2014 $10,933 $651,335 $0 $0
2013 $10,101 $605,357 $426,500 $178,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4488138

Stellar MLS

APN: 78903-0000-2