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$7,995,000

Beds
5
Baths
6.5
sq ft
6,556

500 Harbor Point Rd, Longboat Key, FL 34228

500 Harbor Point Rd

LONGBOAT KEY, FL 34228

  • 52 days on market
Sleek. Sophisticated. Effortlessly Luxurious. This completely reimagined Bay Isles Harbor residence is a stunning example of minimalist elegance, where clean lines, impeccable craftsmanship, and Restoration Hardware’s exquisite furnishings create a space that blends everyday comfort with innovation. Step inside to an open, airy layout filled with natural light, where each detail from designer lighting to high-end appliances has been meticulously selected for beauty and function. Spanning 6,556 square feet of living space on an oversized corner lot, the home’s interior features four expansive bedrooms, a study, executive office, a state-of-the-art fitness room, golf simulator and three car garage with private back entrance. The true showstopper? Your outdoor oasis, where an infinity-edge pool melts into the waterway, creating a mesmerizing fusion of sky and sea. From hosting friends to savoring a quiet sunrise, every inch of this home is crafted for the extraordinary. With your boat privately docked just behind your home, adventure is always within reach whether it’s a quick cruise to a waterfront restaurant or a sunset sail on the Bay. Beyond the privacy of Bay Isles’ gated community, the best of Longboat Key is just minutes away. Indulge in world-class amenities at the new St. Regis Resort, or stock up on essentials at Publix in Bay Isles all effortlessly convenient. For beach lovers, exclusive access to the Bay Isles Beach Club or the Longboat Key Club (with membership) ensures that pristine white sands are never more than five minutes from your door. Every inch of this home is gorgeous, curated, and move-in ready offering a sophisticated waterfront lifestyle that is truly unmatched.

Details

Property type

Single Family Residence

Est. home value

$441,138

Lot size

0.58 acres

Price per sq ft

$1,220

Year built

2008

Annual property taxes

$68,997

Monthly HOA fee

$201.67

Price History

02/07/2025
StellarMLS

StellarMLS #A4639203

Listed
$7,995,000
-0.05%
02/01/2025
StellarMLS

StellarMLS #A4625050

Removed
$7,999,000
11/03/2024
StellarMLS

StellarMLS #A4625050

Listed
$7,999,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Golf

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$7,043,609
Asking price
$7,995,000
Closing costs (~8% of asking)
-$639,600
Est. remaining loan balance
-$311,791
Cash to seller
$7,043,609

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

October 2021

Original loan amount

$337,250

Est. remaining balance

$311,791

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Vard Margaryan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 5:50 PM

Listing updated: 02/26/2025 at 3:39 PM

Listed by: Steve Walter, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4639203

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