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$5,950,000

Beds
4
Baths
4.5
sq ft
3,554

519 Rountree Dr, Longboat Key, FL 34228

519 Rountree Dr

LONGBOAT KEY, FL 34228

  • 233 days on market
One or more photo(s) has been virtually staged. Under Construction. PROJECTED COMPLETION: Late December, 2024. • OVER 6,000 Sq. Ft. of indoor/outdoor living space! 4 BED / 4.5 BATH (plus office) WATERFRONT LUXURY at its finest. • SIMPLY INCREDIBLE ENTERTAINERS DREAM includes a 1,000+ Sq. Ft. rooftop terrace with full outdoor kitchen overlooking the Gulf of Mexico; • This MODERN MASTERPIECE developed by ii Miami is the most unique home in Longboat Key, highlighting Arieno Custom Home Design's innovative plan; • CUSTOM BUILT with Tidewater Builders renowned quality craftsmanship; • PANORAMIC VIEWS in 360 of the Gulf, Bayfront Park and Sarasota Bay; • BOATERS PARADISE, new raised seawall & dock steps from your backyard gazebo; • FULL ELEVATOR ACCESS (garage to rooftop); POOLSIDE OASIS, a 640 Sq. Ft. covered pool/spa area for the ultimate in privacy and relaxation; • BEACHFRONT BLISS, only a 410 foot walk to your own private-deeded silky sand beach, complete with beachside pavilion and fresh-water shower; • GREAT ROOM BALCONY with direct beach views; • OPEN CONCEPT LIVING, embrace the open expanse as light pours through the 2-story atrium, drawing you to the Gulf-view great room above; • GOURMET CHEFS KITCHEN with Dacor appliances including over 5 of refrigeration, 48 dual fuel double-oven range, additional bar sink, plentiful storage plus an outdoor gas balcony grill; • WORK-FROM-HOME-HEAVEN with a private second floor office, separate living areas on first and second floor and a backup generator to keep you connected; • HIDDEN GEM located in the sought-after private 40 home neighborhood of Longboat Key Estates; • SERENITY IN NATURE adjacent to the 8.6 acre Bayfront Park with kayak rentals, pickleball courts and bayside picnic tables; LOCATION, LOCATION, LOCATION, center of Longboat Key, elegant shopping, restaurants, golf, recreation on St. Armands Circle and only 15 minutes to downtown Sarasota; Type the property street address into youtube to learn more about this special property and the wonderful island lifestyle Longboat Key affords its residents. Projected October/November 2024 Delivery Date. PLEASE NOTE that the plans and details for this new home being built are subject to change and may vary from the preliminary information provided here. This includes, but is not limited to, the size, layout, features, finishes, and estimated completion date. We are committed to building beautiful and functional homes that meet the needs and desires of our future homeowners. For the most up-to-date information and to discuss your specific preferences contact your sales professional today! We love to work with buyers during the build process, so that together we can create the home of your dreams.

Details

Property type

Single Family Residence

Est. home value

$1,533,316

Property condition

Under Construction
New Construction

Lot size

9,836 sq ft

Price per sq ft

$1,675

Year built

2024

Annual property taxes

$13,800.78

Monthly HOA fee

$166.67

Price History

05/04/2024
StellarMLS

StellarMLS #A4609202

Listed
$5,950,000
+376%
08/06/2021
StellarMLS

StellarMLS #T3306372

Sold
$1,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$4,673,289
Asking price
$5,950,000
Closing costs (~8% of asking)
-$476,000
Est. remaining loan balance
-$800,711
Cash to seller
$4,673,289

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

July 2023

Original loan amount

$1,380,000

Est. remaining balance

$800,711

Interest rate

6.71%

Loan type

New Conventional, 3 year

Seller

Igd 519 Llc

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: 12/22/2024 at 7:20 PM

Listing updated: 09/24/2024 at 5:59 PM

Listed by: James Irving, IRVING GROUP INC Phone #: (305) 900-2100

MLS: StellarMLS #A4609202

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