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$575,000

Beds
3
Baths
2.5
sq ft
1,450

542 Sutton Pl, Longboat Key, FL 34228

542 Sutton Pl

LONGBOAT KEY, FL 34228

  • 189 days on market
    • Price drop $20,000↓
Imagine starting your day with glorious sunrises over the bay and ending it with mesmerizing sunsets over the Gulf of Mexico. Whether your interests lie in boating, relaxing by one of the bayside pools, or indulging yourself on the pristine Gulf of Mexico beach, this residence provides Gulf-to-bay access and an incredible waterfront lifestyle. Sutton Place is centrally located on the exclusive barrier island of Longboat Key and provides an abundance of amenities. Residents of Sutton Pace 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 with a full clubhouse. The community boasts three barbecue zones, kayak storage and launch facilities, as well as boat slips. The meticulous poolside clubhouse is ideal for community gatherings or hosting private functions and has a fully equipped kitchen, billiards table, and a cozy library corner. Two small pets are allowed. Within the complex this 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. Move right in, to this furnished roomy 3 bedroom, 2.5-bath townhome style villa. While this 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 home has been tastefully updated with new carpet, new bathroom vanity and fixtures, stylish stainless-steel appliances, new garage door, finished garage floor, updated lanai, and complete exterior facelift. 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. The three bedrooms are spacious and offer generously sized closets in every room, with the primary bedroom featuring an ensuite. Sutton Place and the generous amenities make it desirable for those seeking rental income after the first year of ownership. The complex allows two rentals per year, with a one-month minimum rental period. The mid-key location is ideal for exploring the nearby Bayfront Park with its recreation center, playground, dog parks, basketball court, shuffleboard courts, multi-purpose open field, pickleball courts, tennis, picnic tables and yoga lawn. You're also ideally located for enjoying numerous restaurants at either end of the key. Parks in either direction, shops, and cultural attractions of Longboat Key and charming Anna Maria Island are all just minutes away. St. Armands Circle and downtown Sarasota are a convenient drive to the south. Be sure to take advantage of the convenient shared-use path which traverses the length of the island. *Seller financing is available at a low rate of 4%*. 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

$397

Year built

1972

Annual property taxes

$6,984.3

HOA

Yes

Price History

07/30/2024
StellarMLS

StellarMLS #A4603180

Price change
$575,000
-3.36%
05/03/2024
StellarMLS

StellarMLS #A4603180

Listed
$595,000
05/01/2024
StellarMLS

StellarMLS #A4603180

Pending
$595,000

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

$231,705

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: 09/19/2024 at 6:05 PM

Listing updated: 09/15/2024 at 4:20 PM

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

MLS: StellarMLS #A4603180

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