NOT LISTED FOR SALE

7140 Longboat Dr E Longboat Key, FL 34228

Estimated Value: $909,000 - $2,527,000

1 Bed
1 Bath
1,032 Sq Ft
$1,821/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $2,645,000 $2,563 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $11,888/month

Highlights

  • 48 Feet of Waterfront
  • Public Boat Ramp
  • Access To Intracoastal Waterway
  • Anna Maria Elementary School Rated A-
  • White Water Ocean Views
  • Boat Lift

About This Home

As of April 2022

This unique bayfront property has a 1,032 sf historic Robinson Cottage and is a boater's dream. The property has a new deep-water dock with a 16,000 lb boat lift and a jet ski lift and is in extremely close proximity to Longboat Pass and the Gulf of Mexico. This charming property is also in the heart of the historic Longbeach Village, where neighbors walk their dogs, ride their bikes to the beach, and take a golf cart to dine at Shore, Mar Vista and Whitney’s restaurants. Enjoy long reaching backyard views of the Intracoastal Waterway, where manatees pass by and dolphin swim under your dock. Spectacular sunrises can be enjoyed from this premier waterfront offering.

Last Agent to Sell the Property

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 03/01/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Mark J Baron

COLDWELL BANKER REALTY License #3455397

Last Buyer's Agent

Michaela Hinterstoisser, PA

EXP REALTY LLC License #3525688

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,775

Year Built

  • Built in 1945

Lot Details

  • 8,544 Sq Ft Lot
  • Lot Dimensions are 48x178
  • 48 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Northwest Facing Home
  • Mature Landscaping
  • Property is zoned R6SF

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Florida Architecture
  • Metal Roof
  • Asbestos
  • Pile Dwellings

Interior Spaces

  • 1,032 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Laminate Flooring
  • White Water Ocean Views
  • Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Front Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Long Beach Community
  • Longbeach On Longboat Key Subdivision
  • Rental Restrictions

Recreation

  • Public Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,775

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Asbestos
  • Fireplace: Yes
  • Living Area: 1032
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 1158
  • Lot Size Sq Ft: 8544
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Dr, Right on Broadway, Left on Longboat Dr N, go straight until the road makes a 90 turn. 7140 Longboat Dr E is the last driveway on the left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4526119?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4526119?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.88314
  • Price per Sq Ft: 2562.98
  • Close to Original List Price Ratio: 0.88314
  • Ratio: Current Price\Building Area Total: 2284.11
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 7140

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Public, Intracoastal Waterway
  • Water Extras: Dock - Composite, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0283F
  • Waterfront Frontage: 48
  • Water Frontage Feet Bay Harbor: 48
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Public Boat Ramp, Water Access, Waterfront
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7799700005
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Lot Dimensions: 48x178
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-10

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per the Town of Longboat Key code.

Tax Info

  • Tax Annual Amount: 8775
  • Tax Block: 21
  • Tax Book Number: 1-306
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
The Pink House Company Ltd
Bought by
Island Cottages Invest Llc
Current Estimated Value
$1,878,835

Purchase Details

Closed on
May 13, 1998
Sold by
Schetter Edmund J
Bought by
Pink House Co Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.11%

Purchase Details

Closed on
Mar 13, 1995
Sold by
Schetter Edmund J and Schetter Clarice M
Bought by
Schetter Family Tr
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
Island Cottages Invest Llc $1,655,000 Bayshore Title Ins Agency Ll
Pink House Co Ltd $350,000 --
Schetter Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pink House Co Ltd $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $2,645,000 -11.7% $2,563 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,995,000 -- $2,902 / 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 $23,113 $1,217,250 $1,190,000 $27,250
2024 $23,113 $1,667,836 $1,190,000 $477,836
2023 $19,843 $1,249,044 $765,000 $484,044
2022 $9,976 $616,223 $460,000 $156,223
2021 $8,775 $518,576 $420,000 $98,576
2020 $8,781 $491,828 $400,000 $91,828
2019 $8,827 $491,828 $400,000 $91,828
2018 $8,869 $488,179 $400,000 $88,179
2017 $7,934 $487,623 $0 $0
2016 $8,137 $489,552 $0 $0
2015 $7,048 $485,417 $0 $0
2014 $7,048 $419,911 $0 $0
2013 $6,803 $407,681 $356,616 $51,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4526119

Stellar MLS

APN: 77997-0000-5