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$388,000

Beds
3
Baths
2.5
sq ft
1,450

542 Sutton Pl, Longboat Key, FL 34228

542 Sutton Pl

LONGBOAT KEY, FL 34228

  • 314 days on market
    • Price drop $147,000↓
Unbelievable Price Opportunity! Located on Longboat Key, this spacious 3-bedroom villa with a garage and extra storage is nestled in the amenity-rich community of Sutton Place. Notably, Sutton Place enjoys a higher elevation which the owners believe to be an added benefit after the recent storms. Residents here experience a coveted waterfront lifestyle with Bay-to-Gulf access, a marina, and a wealth of amenities. Start your day with breathtaking sunrises over the bay and wind down with mesmerizing sunsets over the Gulf of Mexico. Private beach access includes a Gulf beach pavilion with picnic tables, restrooms, showers, gated parking, car wash station, and lockers for beach chairs. On the bayside, enjoy two pools—one directly on the waterfront and another adjacent to the clubhouse, which features a fully equipped kitchen, billiards table, and a cozy library corner. The community also offers three barbecue zones, boat slips, and facilities for kayak storage and launching. Two small pets are allowed. This townhome-style villa boasts the largest floor plan in Sutton Place, offering 1,450 sq. ft. of heated living space. It includes a spacious private in-unit laundry room with built-in storage, generous closets in every bedroom, a convenient lanai, and a large single-car garage with additional storage on both sides. Although part of a condominium association, the unit is tucked away from the complex's main road, enhancing its privacy. The garden area entry, thoughtful layout, and size further contribute to its private feel. 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. Its mid-key location is ideal for exploring nearby Bayfront Park, which features a recreation center, pickleball courts, dog parks, and more. Numerous restaurants and cultural attractions are just minutes away at both ends of the key, with St. Armands Circle and downtown Sarasota a short drive to the south. Don’t miss your chance to live where others vacation. It’s time to claim your slice of paradise!

Details

Property type

Condominium

Est. home value

$539,584

Lot size

Unknown

Price per sq ft

$268

Year built

1972

Annual property taxes

$6,984.3

HOA

Yes

Price History

01/21/2025
StellarMLS

StellarMLS #A4603180

Price change
$388,000
-27.48%
12/17/2024
StellarMLS

StellarMLS #A4603180

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

StellarMLS #A4603180

Price change
$555,000
-3.48%

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

$227,629

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: 01/22/2025 at 7:55 AM

Listing updated: 01/21/2025 at 4:47 PM

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

MLS: StellarMLS #A4603180

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