NOT LISTED FOR SALE

724 Dream Island Rd Longboat Key, FL 34228

Estimated Value: $3,218,000 - $3,559,850

4 Beds
4.5 Baths
3,736 Sq Ft
$912/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $1,431,138 $383 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $21,936/month

977 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Sailboat Water Access
  • Private Pool
  • Anna Maria Elementary School Rated A-
  • Boat Lift
  • Custom Home

About This Home

As of February 2015

Bring your boat of choice - dock ready and direct access to the beautiful bay. Extraordinary custom built 4 bed 4 1/2 bath residence on 100 ' of magnificent sailboat water and wonderful Dream Island Road location. Large, elegant first floor master suite is private from the other 3 guest suites and has deluxe designer touches. Another large bedroom is on the first level by the pool and the other 2 guest suites are private and spacious upstairs. The master bath includes a Roman shower and his and her closets. The wonderful gourmet kitchen with gas stove and conventional oven plus granite counter tops adjoins the family room living area that opens to a large screened Lanai with heated pool/spa and summer kitchen. New brick pavers enhance the beauty of this gorgeous pool setting. There is a natural noseeum spray system on the grounds.
The home is located on a wide canal on a very quiet no outlet street. The three car garage is finished out with lovely storage cabinets. Beautiful, lush landscaping surrounds this very special home.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 05/22/2012

Last Buyer's Agent

Dennis Girard

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3007451

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,091

Year Built

  • Built in 2000

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100.0x183.0
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Property is zoned R3SF

Parking

  • 3 Car Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,736 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Canal Views
  • Crawl Space
  • Hurricane or Storm Shutters

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan

Pool

  • Private Pool
  • Heated Spa

Outdoor Features

  • Sailboat Water Access
  • Fishing Pier
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Exterior Lighting

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dream Island Community
  • Dream Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 22
  • Assessor Parcel Number 7877800008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,091

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3736
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 5182
  • Lot Size Sq Ft: 18300
  • Directions to Property: Gulf of Mexico Drive to north longboat turn at Cannons Marina. House on right 3/4 down.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 7876100
  • Ratio: Close Price\List Price: 0.84185
  • Price per Sq Ft: 383.07
  • Close to Original List Price Ratio: 0.8807
  • Ratio: Current Price\Building Area Total: 276.17
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 4
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 724
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Secured
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking
  • Association Fee Requirement: None

Lot Info

  • Zoning: R3SF
  • Parcel Number: 7877800008
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100.0X183.0
  • Millage Rate: 16.91
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 13091
  • Tax Book Number: 0007/0017
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2016
Sold by
Shook Hugh Douglas and Shook Mirian I
Bought by
Shook H Douglas and Shook Mirian I
Current Estimated Value
$3,408,713

Purchase Details

Closed on
Nov 1, 2016
Bought by
Shook H Douglas

Purchase Details

Listed on
May 22, 2012
Closed on
Feb 10, 2015
Sold by
Wofsey Violetta Lashauri
Bought by
Shook Hugh Douglas and Shook Miriam I
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Dennis Girard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,625,000
Sold Price
$1,431,138
Premium/Discount to List
-$193,862
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Apr 19, 2012
Sold by
Wofsey Violetta Lashauri and Sabal Trust Company
Bought by
Wofsey Violetta Lashauri

Purchase Details

Closed on
Jun 15, 2009
Sold by
Wofsey Violetta Lashauri
Bought by
Wofsey Violetta Lashauri and Sabal Trust Company

Purchase Details

Closed on
Nov 4, 2004
Sold by
Wofsey Earl J and Wofsey Violetta Lashauri
Bought by
Wofsey Earl J and Wofsey Violetta Lashauri

Purchase Details

Closed on
Oct 25, 2004
Sold by
Morrison Gerry M and Morrison Colleen
Bought by
Wofsey Earl J

Purchase Details

Closed on
Apr 10, 2002
Sold by
Simmons Richard G and Simmons Marlene K
Bought by
Morrison Gerry M and Morrison Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Ashby Harold A and Ashby Sylvia J
Bought by
Hecht Marlene K and Simmons Richard G
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
Shook H Douglas -- None Available
Shook H Douglas $100 --
Shook Hugh Douglas $1,450,000 Attorney
Wofsey Violetta Lashauri -- None Available
Wofsey Violetta Lashauri -- Attorney
Wofsey Earl J -- --
Wofsey Earl J $1,630,000 --
Morrison Gerry M $1,159,000 --
Hecht Marlene K $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Gerry M $859,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2015 02/12/15 Sold $1,431,138 -15.8% $383 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
12/05/2014 12/05/14 Price Changed $1,700,000 +4.7% $455 / Sq Ft
12/03/2013 12/03/13 Price Changed $1,623,000 -0.1% $434 / Sq Ft
11/25/2013 11/25/13 Price Changed $1,624,000 -0.1% $435 / Sq Ft
05/22/2012 05/22/12 For Sale $1,625,000 -- $435 / 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
2024 $36,667 $3,032,980 $616,250 $2,416,730
2023 $36,097 $3,061,596 $616,250 $2,445,346
2022 $28,647 $2,075,576 $485,000 $1,590,576
2021 $23,494 $1,479,147 $440,000 $1,039,147
2020 $22,952 $1,372,440 $425,000 $947,440
2019 $22,753 $1,372,440 $425,000 $947,440
2018 $20,774 $1,215,558 $425,000 $790,558
2017 $18,787 $1,171,533 $0 $0
2016 $18,525 $1,129,991 $0 $0
2015 $13,370 $1,076,967 $0 $0
2014 $13,370 $836,071 $0 $0
2013 $13,091 $823,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reid Murphy

    Seller's Agent in 2015

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    114 in this area

    140 Total Sales

    Reid Murphy
    Section Image
  • Dennis Girard

    Buyer's Agent in 2015

    Dennis Girard

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 809-0041

    40 in this area

    71 Total Sales

    Dennis Girard
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3960762

Stellar MLS

APN: 78778-0000-8

Florida Manatee County Longboat Key 34228

724 Dream Island Rd, Longboat Key, FL

This home is located at 724 Dream Island Rd, Longboat Key, FL 34228 since 22 May 2012 and is currently estimated at $3,408,713, approximately $912 per square foot. This property was built in 2000. 724 Dream Island Rd 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

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