NOT LISTED FOR SALE

7125 Longboat Dr N Longboat Key, FL 34228

Estimated Value: $1,098,389 - $1,670,000

0.23 Acre
$6,018,239 Price per Acre
9,875 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $850,000

Est. 63% increase in value since last sale

Current estimated payment $8,036/month

10 Days on Market

Highlights

  • 83 Feet of Waterfront
  • Community Beach Access
  • Water access To Gulf or Ocean To Bay
  • Anna Maria Elementary School Rated A-
  • Public Boat Ramp
  • Dock made with wood

About This Lot

As of June 2021

A rare opportunity to acquire one of the last undeveloped canal front parcels in the historic Village neighborhood on the north end of Longboat Key. This lot combines the best of all worlds. A slice of old Florida, in a vibrant beach to bay neighborhood with five of the area's favorite restaurants a short stroll or golf cart ride away. Located near Longboat Pass, with 83’ of beautiful natural bayou frontage, enjoy quick access to the gulf and bay to spend your days or evenings on the water. Relax on your deck watching the manatees from your backyard, or build your custom home with a roof top deck to experience 360 degree views of the area. The adjacent waterfront parcel is also available.

Last Agent to Sell the Property

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 05/07/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Tom Collier

LESLIE WELLS REALTY, INC. License #3333410

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,849

Lot Details

  • 9,875 Sq Ft Lot
  • Lot Dimensions are 79x125
  • 83 Feet of Waterfront
  • Property fronts a saltwater canal
  • Public Beach
  • East Facing Home
  • Cleared Lot
  • Property is zoned R6SF

Property Views

  • Bayou
  • Canal

Location

  • In Flood Plain
  • City Lot

Schools

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

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 37 / 21
  • Assessor Parcel Number 7800700002

Community Details

Overview

  • No Home Owners Association
  • Long Beach Community
  • Longbeach On Longboat Key Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Public Boat Ramp
  • Community Beach Access
  • Fitness Center
  • Fishing
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access To Bayou
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$4,849

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9875
  • Directions to Property: From Sarasota-north on Gulf of Mexico Dr, Right on Broadway, Left on Longboat Dr N, lot is located on the left just past yellow house #7115. Another vacant lot is on the north side. Both are available to purchase.
  • Status: Sold
  • Street Post Direction: N
  • Total Acreage: 0 to less than 1/4
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.00059
  • Price per Sq Ft: 86.08
  • Close to Original List Price Ratio: 1.00059
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7125

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bayou, Canal
  • Water Access: Bayou, Beach - Public, Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Wood, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 79
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0283E
  • Waterfront Frontage: 83
  • Additional Water Information: Canal/bayou connects to Longboat Pass for quick access to the Gulf of Mexico and Sarasota Bay
  • Water Frontage Feet Canal Salt: 83
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
  • Sewer: None, Public Sewer
  • Water Source: None, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach Area, Fishing, Fitness, Golf Carts OK, Public Boat Ramp, Water Access, Waterfront
  • Association: No

Schools

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

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7800700002
  • Additional Parcels: No
  • Lot Features: Buildable, Cleared, Flood Plain, City Lot
  • Lot Dimensions: 79x125
  • Price Per Acre: 3695652
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Current Adjacent Use: Residential, Vacant
  • Zoning Compatible Y N: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4849
  • Tax Block: 21
  • Tax Book Number: 1-306
  • Tax Lot: 37

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 17, 2021
Sold by
Island Cottages Invet Llc
Bought by
Elgin Properties I Llc
Seller's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Tom Collier
LESLIE WELLS REALTY, INC.
List Price
$849,500
Sold Price
$850,000
Premium/Discount to List
$500
0.06%
Current Estimated Value
$1,384,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,195
Avg. Annual Appreciation
12.07%

Purchase Details

Listed on
May 7, 2021
Closed on
May 7, 2021
Sold by
Rankin William and William Rankin Revocable Trust
Bought by
Island Cottages Invest Llc
Seller's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Tom Collier
LESLIE WELLS REALTY, INC.
List Price
$849,500
Sold Price
$850,000
Premium/Discount to List
$500
0.06%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Rankin William and Rankin Vivian E
Bought by
Rankin William
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elgin Properties I Llc $850,000 Attorney
Island Cottages Invest Llc $520,000 Attorney
Rankin William -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $850,000 +0.1% --
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $849,500 0.0% --
05/08/2021 05/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $849,500 -- --
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 $8,025 $2,427,586 $486,200 $1,941,386
2024 $8,025 $507,773 $486,200 $21,573
2023 $7,810 $508,198 $486,200 $21,998
2022 $6,720 $396,100 $385,000 $11,100
2021 $4,769 $270,370 $260,000 $10,370
2020 $4,849 $260,660 $250,000 $10,660
2019 $4,874 $260,660 $250,000 $10,660
2018 $4,931 $260,940 $250,000 $10,940
2017 $5,371 $326,110 $0 $0
2016 $5,328 $316,390 $0 $0
2015 $4,850 $316,440 $0 $0
2014 $4,850 $288,962 $0 $0
2013 $4,384 $262,740 $262,400 $340
Source: Public Records

Agents Affiliated with this Home

  • Cindy Fischer

    Seller's Agent in 2021

    Cindy Fischer

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 465-1124

    51 in this area

    61 Total Sales

    Cindy Fischer
    Section Image
  • Tom Collier

    Buyer's Agent in 2021

    Tom Collier

    LESLIE WELLS REALTY, INC.

    (941) 773-3952

    2 in this area

    69 Total Sales

    Tom Collier
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4500068

Stellar MLS

APN: 78007-0000-2

Florida Manatee County Longboat Key 34228

7125 Longboat Dr N, Longboat Key, FL

This home is located at 7125 Longboat Dr N, Longboat Key, FL 34228 since 07 May 2021 and is currently estimated at $1,384,195. 7125 Longboat Dr N 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

Nearby Homes