NOT LISTED FOR SALE

7340 Manasota Key Rd Englewood, FL 34223

Manasota Key Area

Estimated Value: $2,609,000 - $5,641,519

4 Beds
5.5 Baths
6,178 Sq Ft
$726/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2023

Last sale price $6,800,000 $1,101 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $29,253 / mo

116 Days on Market

Highlights

  • 276 Feet of Ocean to Bay Waterfront
  • Boat Ramp
  • Boat Lift
  • Englewood Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • Heated In Ground Pool

About This Home

As of September 2023

GULF TO BAY FOUR-FIVE BEDROOM CONTEMPORARY HOME INCLUDES PRIVATE BEACH, POOL, GYM OFFICE & DOCK! Located on Manasota Key, the Island that has Kept its Florida Charms! Offering a Multi-Generational Profile! Enjoy Fine dining, Casual Restaurants, Boutiques, Artist Retreats, and a Private Resort on the Island! Includes 1.71 Acres on Lemon Bay, Dock with Two Boat Lifts. Manasota Key has the Convenience of Two Bridges Connecting to the Mainland. The Homes Famed Builder and Architect Combined their Talents While Creating This Iconic Residence! * A Tri-level Home Offering an Open Floor Plan Concept that is Divisionally Designed to Present Separate but Fluid Living Areas * Lighting and Window Treatments All work Electronically * 5 Star Kitchen Includes State – Of – The – Art Appliances * Flooring with Glass Insets to the Kitchen, and Dining Area * Eight Balconies Open to the Sounds of Swaying Palms and the Rhythm of The Sea * Walls of Windows Allow Sunrise and Sunset Views * Great Room Fireplace * Charming Family Room Fully Equipped with a Wet Bar/Refrigerator. The Generous Master Suite is Located on a Separate Wing of the Homes Main Living Level. Offering Tremendous living Space, with a Private Balcony and Spiral Staircase to the Pool. Included are the Huge Shower, Spa size Jacuzzi Tub, Double Vanity, Lavatory, Dressing Area and Walk-In Closet. All Other Bedrooms, Office and Gym are located on the Second Level. Office & Gym may be combined to create a 2nd Master Suite. Pool and Spa Decking Include a Cascading Waterfall. Enjoy Multi-Areas for Shading and Poolside Entertaining. Easy to Add an Ultimate Summer Kitchen* Easy Care Native Landscaping * Privacy Wall & Private Entrance Gate with Security Throughout Home* A Boardwalk to the Beach Includes a Deck to Enjoy Magnificent Sunsets!! Across the Road You will Own Over an Acre of Bayfront Property with a Whimsical Dock. Electric, Water In place & Two Boatlifts. Two Garages, Plentiful Cabinetry, and a 2nd Laundry for Pool Side Convenience. An Extraordinary Gulf to Bay Residence Offering A “Private Sanctuary” For You and Your Family!

Last Agent to Sell the Property

Debi Healy

KATHY LOWRY COASTAL PROPERTIES Brokerage Phone: 941-468-5872 License #3071354 Listed on: 05/10/2023

Co-Listed By

Jo Schilp

KATHY LOWRY COASTAL PROPERTIES Brokerage Phone: 941-468-5872 License #604906

Last Buyer's Agent

Andrew Duncan

LPT REALTY LLC License #3135049

LPT REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,861

Year Built

  • Built in 2005

Lot Details

  • 37,143 Sq Ft Lot
  • 276 Feet of Ocean to Bay Waterfront
  • Unincorporated Location
  • East Facing Home
  • Masonry wall
  • Landscaped
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RE2

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Rear-Facing Garage
  • Driveway
  • Guest Parking
  • Parking Garage Space
  • Off-Street Parking

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,178 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Sauna
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Security Fence, Lighting or Alarms
  • Hurricane or Storm Shutters

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Tile
  • Auto Pool Cleaner
  • Pool Lighting
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • No Fixed Bridges
  • Dock has access to water
  • Boat Lift
  • Open Dock
  • Balcony
  • Courtyard
  • Rain Gutters
  • Private Mailbox

Location

  • Flood Insurance May Be Required

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Thermostat
  • Propane
  • 1 Water Well
  • Electric Water Heater
  • 2 Septic Tanks
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

Recreation

  • Boat Ramp

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,861

Year Built

Built in 2005

Lot Details

0.85 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 6178
  • Lot Size Acres: 0.85
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 9897
  • Lot Size Sq Ft: 37143
  • Number Of Lots: 2
  • Status: Sold
  • Co List Office Mls Id: MFR256022931
  • Co List Office Phone: 941-468-5872
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 919.46
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Main Street
  • Minimum Lease: 1 Month
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 1100.68
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Marble, Travertine
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Master Bedroom Main Floor, Master Bedroom Upstairs, Open Floorplan, Sauna, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Concrete Perimeter
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 573.95

Exterior Features

  • Direction Faces: East
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Tile
  • Exterior Features: Balcony, Courtyard, Hurricane Shutters, Outdoor Shower, Private Mailbox, Rain Gutters, Shade Shutter(s), Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO AND LEMON BAY
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean to Bay
  • Water Extras: Bridges - No Fixed Bridges,Dock - Open,Dock w/Electric,Dock w/Water Supply,Lift
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 276
  • Flood Zone Panel: 0432F
  • Additional Water Information: no fixed bridges to Gulf of Mexico. Water fall by the pool.
  • Water Frontage Feet Ocean 2 Bay: 276

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Rear, Ground Level, Guest, Off Street, Oversized, Under Building, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Propane, Water Connected
  • Cooling: Zoned
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 2
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Boat Ramp
  • Association Amenities: Security
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security Fencing/Lighting/Alarms, Security Gate, Security System, Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: MANASOTA KEY
  • Pet Restrictions: To be walked on beach with leash
  • Association Fee Requirement: Optional
  • Condo Land Included YN: 0
  • Association Email: mka@manasotakeyassociation.org
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.Manasotakeyassociation.org

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0491110009
  • Additional Parcels: Yes
  • Fencing: Masonry
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, In County, Irregular Lot, Landscaped, Level, Oversized Lot, Paved, Unincorporated
  • Flood Zone Code: AE

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Follow the guide lines of Sarasota County leasing within a residential community

Tax Info

  • Tax Annual Amount: 25860.72
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay
  • Approval Process: Submit to Sarasota County

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Sep 26, 2023
Sold by
Bought by
Seller's Agent
Debi Healy
KATHY LOWRY COASTAL PROPERTIES
Buyer's Agent
Andrew Duncan
LPT REALTY LLC
List Price
$8,399,900
Sold Price
$6,800,000
Premium/Discount to List
-$1,599,900
-19.05%
Views
176
Current Estimated Value
$4,487,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,312,827
Avg. Annual Appreciation
-13.75%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,800,000 None Listed On Document
-- None Available
$830,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $417,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $6,800,000 -13.2% $1,101 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $7,837,000 -6.7% $1,269 / Sq Ft
05/10/2023 05/10/23 For Sale $8,399,900 -- $1,360 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $58,483 $4,949,700 $2,109,000 $2,840,700
2024 $26,389 $5,011,200 $1,790,900 $3,220,300
2023 $26,389 $2,242,483 $0 $0
2022 $25,861 $2,177,168 $0 $0
2021 $25,851 $2,113,755 $0 $0
2020 $26,053 $2,084,571 $0 $0
2019 $25,336 $2,037,704 $0 $0
2018 $24,895 $1,999,710 $0 $0
2017 $24,809 $1,958,580 $0 $0
2016 $24,771 $2,616,400 $1,193,500 $1,422,900
2015 $25,245 $2,224,500 $954,800 $1,269,700
2014 $25,158 $1,861,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6130229

Stellar MLS

APN: 0491-11-0009

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