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$535,000

Beds
3
Baths
2.5
sq ft
1,450

542 Sutton Pl, Longboat Key, FL 34228

542 Sutton Pl

LONGBOAT KEY, FL 34228

  • 284 days on market
    • Price drop $20,000↓
Price improvement! Available for immediate occupancy on Longboat Key, pet-friendly, 3 bedrooms, and a private connected garage which includes extra storage. Imagine starting your day with glorious sunrises over the bay and ending it with mesmerizing sunsets over the Gulf of Mexico. Sutton Place provides Gulf-to-bay access, an incredible waterfront lifestyle, and an abundance of amenities. Enjoy private deeded beach access with a Gulf beach pavilion, picnic tables, restrooms, showers, gated dedicated beach parking, car wash stations, and lockers for beach chairs. Bayside there are two pools, one directly on the waterfront and the other adjacent to the clubhouse with a fully equipped kitchen, billiards table, and cozy library corner. The community boasts three barbecue zones, boat slips, kayak storage and launch facilities. Two small pets are allowed. This roomy property is the largest of the floor plans in Sutton Place with 1,450 sq ft of heated space, a very large private in-unit laundry room with built-in extra storage, generous closet storage in every bedroom, a convenient lanai, and large single car garage with extra storage on both sides of the garage. While this townhome style villa property is part of a condominium association, the location of the unit is tucked away from the main road of the complex, and the unit’s size, garden area entry, and layout all serve to make it feel much more private. The open flow of the living room through the dining area and out to the screened-in lanai with garden access, allows for a great place to relax or entertain guests. The bedrooms are on the second floor, which provides privacy from the ground level living and entertaining areas. Sutton Place allows two rentals per year after the first year of ownership and the amenities make it attractive for seasonal rentals. The mid-key location is ideal for exploring the nearby Bayfront Park with its recreation center, active pickleball courts, dog parks, and much more. Ideally located for enjoying numerous restaurants and cultural attractions at either end of the key and all just minutes away. St. Armands Circle and downtown Sarasota are a convenient drive to the south. Don’t miss your chance to live where others vacation. The seller is offering to finance at 4%. Inquire for details. It is time to claim your slice of paradise!

Details

Property type

Condominium

Est. home value

$539,584

Lot size

Unknown

Price per sq ft

$369

Year built

1972

Annual property taxes

$6,984.3

HOA

Yes

Price History

12/17/2024
StellarMLS

StellarMLS #A4603180

Price change
$535,000
-3.6%
11/27/2024
StellarMLS

StellarMLS #A4603180

Price change
$555,000
-3.48%
07/30/2024
StellarMLS

StellarMLS #A4603180

Price change
$575,000
-3.36%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

Community features: 

Pool

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

Executive Mortgagebanc Inc

Loan start date

March 2007

Original loan amount

$360,000

Est. remaining balance

$228,656

Interest rate

6.28%

Loan type

Not Provided, 30 year

Seller

Paul A Cieslik

Lender

Bankunited F S B

Loan start date

November 2003

Original loan amount

$227,900

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

Not Provided

Seller

Paul A Cieslik

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 8:00 PM

Listing updated: 12/20/2024 at 1:24 PM

Listed by: Cindy Fischer, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 383-2500

MLS: StellarMLS #A4603180

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