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$1,948,000

Beds
3
Baths
2.0
sq ft
1,758

521 Wedge Ln, Longboat Key, FL 34228

521 Wedge Ln

LONGBOAT KEY, FL 34228

  • 30 days on market
    • Open house Feb 23
ON SAILBOAT WATER! Fully Renovated Waterfront Home in Country Club Shores, Longboat Key. This home is perfect for boating enthusiasts, features a NEW 105' concrete seawall, a NEW roof, and a NEW CoolDeck® dock with a 10,000 lbs. Boat lift with power and water. It is located on deep, sailboat-friendly waters with direct access to Sarasota Bay and no bridge obstructions. The home has been thoroughly updated and well-maintained, offering 3 bedrooms and 2 bathrooms. Highlights include a primary suite with a large walk-in closet and direct pool access, two additional spacious bedrooms, and a convenient kitchen pass-through window for easy poolside entertaining. Recent upgrades include travertine flooring, granite countertops, stainless steel appliances, fresh paint, and a newer water heater. The pool has been upgraded with resurfacing, a new main drain, a waterline tile, an app-controlled LED multifunction pool light, and a jetted spa seat. This home also features hurricane-code-compliant "Impact" windows and doors. The property is beautifully landscaped with various palms, flowers, and mango trees. Located near the Longboat Key Golf & Tennis Club, St. Armand's Circle, and downtown Sarasota, with private, DEEDED BEACH access. This community of single-family homes is set on 19 streets, each with distinctive nautical or golf-related names. With everything almost new the Flood Insurance is $3,490.00, and homeowners are $8,161.00. In 2024, As a big bonus, this home had no water intrusion or damage. As a member of the voluntary homeowners association, you enjoy deeded beach access to the beautiful beach and warm Gulf waters on the shores of Longboat Key. Don't miss your opportunity to own this exquisite waterfront retreat—paradise awaits!

Details

Property type

Single Family Residence

Est. home value

$1,848,047

Lot size

0.26 acres

Price per sq ft

$1,109

Year built

1966

Annual property taxes

$8,550.94

Monthly HOA fee

$16.67

Price History

01/23/2025
StellarMLS

StellarMLS #A4637136

Listed
$1,948,000
-1.37%
04/05/2024
StellarMLS

StellarMLS #A4595762

Removed
$1,975,000
01/21/2024
StellarMLS

StellarMLS #A4595762

Listed
$1,975,000
+135.12%

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Pine View School

High school: 

Riverview High

Seller’s Loan History

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

Lender

Suntrust Bank

Loan start date

January 2019

Original loan amount

$151,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Commercial

Seller

Elyse James and Roy James

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: 02/23/2025 at 7:25 AM

Listing updated: 02/22/2025 at 5:56 PM

Listed by: Judy Kepecz-Hays, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4637136

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