NOT LISTED FOR SALE

724 Hideaway Bay Ln Longboat Key, FL 34228

Estimated Value: $1,408,000 - $2,320,000

0.42 Acre
$3,970,900 Price per Acre
18,295 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $975,000

Est. 71% increase in value since last sale

Current estimated payment $10,085/month

349 Days on Market

Highlights

  • 265 Feet of Waterfront
  • White Water Ocean Views
  • Heating Available
  • Anna Maria Elementary School Rated A-
  • Access to Bay or Harbor

About This Lot

As of August 2020

Incredibly rare opportunity to purchase a bayfront peninsula lot in the private enclave of Hideaway Bay. Tucked away on the distinguished North End of Longboat Key, this site is ideally situated off the beaten path, past a serene winding entrance lined with lush tropical vegetation. This private lot is located at the end of a cul-de-sac and offers 265' of water frontage overlooking the Bay with deep sailboat water on three sides. This affords the opportunity to customize a dock and embark upon unlimited boating adventures, whether to nearby dockside restaurants Mar Vista and Shore, or out the Longboat Pass inlet to the open waters of the Gulf of Mexico. This is the first time this exquisite piece of property has been brought to the market in build-ready condition! Dynan Construction, the award-winning custom home building company, purchased this property with a plan to team with local architects to design and build a luxury home incorporating the newest technological standards. The lot has been cleared, mangroves have been cut back and the soil has been prepared, so it’s truly ready to build. Since the property was owned for many years as part of a private investor’s portfolio, you now have the opportunity to purchase the last remaining lot in the community of 18 home sites. Hideaway Bay offers community tennis/basketball/pickleball courts as well as convenient beach access. A permit has been obtained to remove and trim mangroves along a 90' section of the southeastern edge of the property which, when complete, will provide an ideal unobstructed view for the future new residence. Rob Dynan, President of Dynan Construction, has built several of the West Coast’s most iconic residences working in tandem with the region’s top architects and interior designers. Rob has been recognized in the national press for his intense client focus and flawless construction execution. This is a unique opportunity to build a brand new waterfront home in a terrific location with award-winning design and construction, balance, privacy, and a wonderful blend of thoughtful materials that stand the test of time.

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III License #3283821 Listed on: 08/08/2019

KW COASTAL LIVING III

Last Buyer's Agent

Cecile Coutret

MICHAEL SAUNDERS & COMPANY License #3396308

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,598

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 138x122x144x116
  • 265 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property is zoned R4SF

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • White Water Ocean Views

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 7858000255

Community Details

Overview

  • Hideaway Bay HOA, Phone Number (713) 962-1408
  • Hideaway Bay Subdivision Community
  • Hideaway Bay Sub Subdivision

Recreation

  • Access to Bay or Harbor

Property Details

Property Type

Land

Est. Annual Taxes

$11,598

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18208
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.9799
  • Price per Sq Ft: 53.55
  • Close to Original List Price Ratio: 0.9799
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: Yes
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Sailboat Water
  • Water View Y N: Yes
  • Front Footage: 116
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 265
  • Water Frontage Feet Bay Harbor: 265
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Semi-Annually
  • Association Name: Hideaway Bay HOA
  • Phone: 713-962-1408
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 700
  • Monthly HOA Fee: 58.33
  • Total Monthly Fees: 58.33

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7858000255
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 138x122x144x116
  • Price Per Acre: 2321429
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Refer to page 9 of the Amended and Reinstated Restrictions

Tax Info

  • Tax Annual Amount: 11597.98
  • Tax Book Number: 19-82
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Aug 31, 2020
Sold by
Property Hub Holdings Llc
Bought by
Dattoli Michael and Dattoli Beatriz
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Cecile Coutret
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Current Estimated Value
$1,667,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,778
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Feb 15, 2019
Sold by
Dynan Construction Llc
Bought by
Property Hub Hoildings Llc

Purchase Details

Listed on
May 24, 2018
Closed on
Sep 13, 2018
Sold by
Jean Rogeson Ian and Jean Rogeson
Bought by
Dynan Construstion Llc
Seller's Agent
Dia Wilson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dia Wilson
MICHAEL SAUNDERS & COMPANY
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Sep 13, 1993
Sold by
Field Carolyn L
Bought by
Rogerson Ian and Rogerson Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
7.22%
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
Dattoli Michael $975,000 Attorney
Property Hub Hoildings Llc -- Attorney
Dynan Construstion Llc $825,000 Wr Title Services Llc
Rogerson Ian $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogerson Ian $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $975,000 -2.0% --
07/22/2020 07/22/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $995,000 0.0% --
02/21/2020 02/21/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $995,000 0.0% --
08/22/2019 08/22/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $995,000 +20.6% --
09/14/2018 09/14/18 Sold $825,000 -10.8% -- View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $925,000 -- --
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 $15,567 $1,020,000 $1,020,000 --
2024 $15,567 $1,020,000 $1,020,000 --
2023 $15,122 $1,020,000 $1,020,000 $0
2022 $13,280 $825,000 $825,000 $0
2021 $12,528 $775,000 $775,000 $0
2020 $11,535 $675,000 $675,000 $0
2019 $11,598 $675,000 $675,000 $0
2018 $9,710 $552,500 $552,500 $0
2017 $9,717 $600,000 $0 $0
2016 $9,928 $600,000 $0 $0
2015 $10,024 $600,000 $0 $0
2014 $10,024 $597,190 $0 $0
2013 $9,059 $542,900 $542,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4441068

Stellar MLS

APN: 78580-0025-5