NOT LISTED FOR SALE

7150 Longboat Dr E Longboat Key, FL 34228

6 Beds
6.5 Baths
5,590 Sq Ft
0.45 Acres

Last Sold March 11, 2022

Last sale price $6,500,000 $1,163 Per Sq Ft

20 Days on Market

Highlights

  • Additional Residence on Property
  • Public Boat Ramp
  • Water access To Gulf or Ocean To Bay
  • 150 Feet of Waterfront
  • White Water Ocean Views
  • Heated In Ground Pool

About This Home

As of March 2022

An untouched slice of Old Florida, tucked away in a private corner within the coveted Longbeach Village on the barrier island of Longboat Key. This truly one of a kind waterfront property offers rare and an exceptional deep water dock with extremely close proximity to the inlet for quick access to the Gulf of Mexico. The two home compound consists of a 2,956 sf, three bedroom bayfront residence and a 1602 sf three bedroom historic Whitney Cottage. This waterfront parcel presents a unique opportunity to create your own bayfront estate. With approximately 150 feet of seawall, and the ability to accommodate a large yacht, this unique property is a boater's dream. Located 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 and summer sunsets round out this premier waterfront offering. Includes property ID's 7799800003, 7799200006, 7798200007. Additional details are available in MLS attachments. Price reduction was due to Seller’s decision to sell parcel 7799700005 separately. Please refer to MLS #A4526119 for additional information.

Last Agent to Sell the Property

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 02/13/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Mark J Baron

COLDWELL BANKER REALTY License #3455397

Last Buyer's Agent

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 02/13/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,123

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot
  • 150 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • 3 Lots in the community
  • Additional Parcels
  • Historic Home
  • Property is zoned R6SF

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking
  • Golf Cart Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Florida Architecture
  • Key West Architecture
  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,590 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • French Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Additional Residence on Property

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

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
  • Rental Restrictions

Recreation

  • Public Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,123

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Historical, Key West
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5590
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 6096
  • Lot Size Sq Ft: 26692
  • Number Of Lots: 3
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4525188?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4525188?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92924
  • Price per Sq Ft: 1162.79
  • Close to Original List Price Ratio: 0.59118
  • Ratio: Current Price\Building Area Total: 1066.27
  • 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: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Multi/Split
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Room Count: 7
  • Additional Rooms: Bonus Room, Den/Library/Office, Storage Rooms

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Additional Single Family Home, Guest House, Shed(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Awning(s), Balcony, French Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Composite, Dock w/Electric, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 150
  • Additional Water Information: Direct access to Intracoastal Waterway and nearby Longboat Pass and Gulf of Mexico; south to Sarasota Bay
  • Water Frontage Feet Bay Harbor: 150
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7799200006
  • Additional Parcels: Yes
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum 30 day rental per Town of Longboat Key

Tax Info

  • Tax Annual Amount: 28123.08
  • Tax Lot: 10 11

Multi Family

  • Waterfront Features: Bay/Harbor

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $6,500,000 -40.9% $1,163 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $10,995,000 -- $1,967 / 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
2021 $21,189 $1,314,971 -- --
2020 $21,081 $1,296,816 $850,000 $446,816
2019 $21,841 $1,296,816 $850,000 $446,816
2018 $21,108 $1,235,682 $850,000 $385,682
2017 $19,952 $1,244,957 $0 $0
2016 $20,991 $1,282,003 $0 $0
2015 $18,150 $1,264,257 $0 $0
2014 $18,150 $1,081,331 $0 $0
2013 $17,518 $1,049,836 $711,200 $338,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4525188

Stellar MLS

APN: 77992.0000-6