NOT LISTED FOR SALE

760 Dream Island Rd Longboat Key, FL 34228

Estimated Value: $2,944,000 - $3,630,000

3 Beds
2 Baths
2,461 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $830,000 $337 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $20,117/month

319 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Parking available for a boat
  • Deeded Boat Dock
  • Anna Maria Elementary School Rated A-
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of April 2013

ACTIVE WITH CONTRACT. Look no further for your boating paradise. 53 ft main dock for your primary yacht plus a 29 ft. finger dock with a 10,000 lb. lift for a second boat, all on a wide deep water channel with direct access to the Intercostal waterway & minutes to the Gulf of Mexico. Plus you have water views in both directions, bay views to the north from the main living areas, the front porch and two of the bedrooms and wide water views of the channel to the south. Delightful elevated home with decks flanking the front & all along the back where your sliders open to a large caged area and a long inviting pool. Plenty of great outdoor space for entertaining or just relaxing. Prime waterfront lot is 19,300 sq. ft. with 100 ft. of water frontage. Beautiful new center island kitchen with quality cabinets including built-ins & full extension drawers, stainless appliances, stone counters & a breakfast bar opening to the great room with a wood burning fireplace. Mexican tile floors through the main living areas, three spacious bedrooms plus an alcove off the great room ideal for an office or cozy den. Private, serene north end of Longboat Key just moments from some of the most beautiful beaches on the west coast of Florida. Minutes to St. Armands Circle, downtown Sarasota & the Sarasota International airport.

Last Agent to Sell the Property

Jenifer Schwell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0355900 Listed on: 03/09/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

ROBERT BURNETT

LIMBO COMPANY SARASOTA ASSOC License #0629961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,242

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100.0x193.0
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Property is zoned R3SF

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Circular Driveway
  • Parking available for a boat

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Key West Architecture
  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 2,461 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Inside Utility
  • Ceramic Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Deeded Boat Dock
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Palma Sola Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 7877510052

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,242

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Key West
  • Construction Materials: Block, Siding
  • Fireplace: Yes
  • Living Area: 2461
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 4487
  • Lot Size Sq Ft: 19300
  • Directions to Property: North on Gulf of Mexico Drive to Dream Island Road adjacent to Cannons Marina.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 337.26
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-388-4447
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 760
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 228.63
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: HARRIS CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R3SF
  • Parcel Number: 7877510052
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100.0X193.0
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2013-04-05T00:00:00.000

Tax Info

  • Tax Annual Amount: 9242
  • Tax Book Number: 0007/0017
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 5, 2013
Sold by
Noreen Terry J and Noreen Kathleen U
Bought by
Sullivan John L and Sullivan Geri L
Seller's Agent
Jenifer Schwell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
ROBERT BURNETT
LIMBO COMPANY SARASOTA ASSOC
List Price
$874,000
Sold Price
$830,000
Premium/Discount to List
-$44,000
-5.03%
Current Estimated Value
$3,307,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,477,583
Avg. Annual Appreciation
12.02%
Original Mortgage
$694,018
Interest Rate
3.52%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 2002
Sold by
Dramis George and Dramis George J
Bought by
Noreen Terry J and Noreen Kathleen U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.18%

Purchase Details

Closed on
Jul 2, 1998
Sold by
Egeressy Andrew E and Egeressy Susan Mcconnell
Bought by
Dramis George and Dramis September

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Sullivan John L $830,000 Msc Title Inc
Noreen Terry J $722,500 --
Dramis George $368,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan John L $597,228
Closed Sullivan John L $694,018
Previous Owner Noreen Terry J $250,000
Previous Owner Dramis George $400,000
Previous Owner Noreen Terry J $500,000
Previous Owner Dramis George $100,000
Previous Owner Dramis George $294,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $830,000 -5.0% $337 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
03/09/2012 03/09/12 For Sale $874,000 -- $355 / 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 $25,556 $1,762,303 -- --
2024 $25,556 $1,712,637 -- --
2023 $25,389 $1,662,754 $0 $0
2022 $24,917 $1,614,324 $0 $0
2021 $24,250 $1,567,305 $0 $0
2020 $25,133 $1,545,666 $0 $0
2019 $24,707 $1,510,915 $0 $0
2018 $24,561 $1,482,743 $0 $0
2017 $22,613 $1,452,246 $0 $0
2016 $22,630 $1,422,376 $0 $0
2015 $7,718 $1,362,035 $0 $0
2014 $7,718 $459,828 $0 $0
2013 $9,499 $607,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3957229

Stellar MLS

APN: 78775-1005-2