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$1,058,375Estimated home value

Beds
3
Baths
2.0
sq ft
1,650

731 Fox St, Longboat Key, FL 34228

731 Fox St

LONGBOAT KEY, FL 34228

  • Sold On 9/17/2024
    • Price drop $160,000↓
Large Price Improvement is the opportunity you have been looking for. Don't wait and miss out on this beautiful beach home at a fantastic value. It's all about Location, Location, Location. You couldn’t ask for a better location for this Gulf Coast Beach home. Nothing beats the white sands and turquoise waters of Longboat Key. And this property has literally the highest score for Walkability on all of Longboat Key. Everything you could ask for and want nearly steps away. Beaches, Bays, Docks, Restaurants, Shopping, Gyms, etc.. From the front door of this residence Longboat Key's finest beach is just a four-minute walk away. Additionally, multiple bay access points are even closer, only about a one-minute walk. Don't feel like walking, no sweat jump on the Golf Cart as this location in the Village is one of few only true golf cart allowed communities on LBK. Beyond the extremely ideal location this property boasts a captivating blend of vintage charm & contemporary luxury enhancements. Vintage Peacock feather-filled vases & 1950s Brick walls meet knotty pine tongue & groove ceilings, creating an atmosphere brimming with character. Only to be complimented with luxury enhancements around every corner. The kitchen is a chef's dream, featuring top-of-the-line cabinets, appliances, and stunning stone tops, complemented by a prep island overlooking the dining room that is anchored by a dry bar. The inviting living room boasts tongue & groove ceilings, providing serene views of the laid-back island lifestyle. Throughout the residence, beautiful ceramic tile flooring adds a touch of elegance. The primary bedroom offers a true sanctuary, with its spacious layout currently featuring a living space within the room, perfect for use as a workout area or in-room office. The primary bath is a spa-like retreat, complete with a stunning walk-in shower adorned with custom details. Guest bedroom two features a built-in bunk bed alongside a traditional bed, ideal for accommodating kids or grandkids. The third guest room showcases charming tongue & groove ceilings and its own private entrance to the exterior. Gorgeous guest bathroom. Outside, the paver patio provides a delightful space to enjoy the lush backyard, enclosed by mature tropical foliage for ultimate privacy. Oversized 90x105 LOT! Perfect to add a pool and create a unleavable island outdoor space. An outdoor shower adds convenience, while the oversized carport offers ample space for island Jeep, toys and/or golf cart. Additionally, a large private and secure storage room. BRAND NEW roof and newer hi-impact windows. A true old world meets new luxury right here in the ever-charming neighborhood of the Village on the stunning and tranquil white sand shores of Longboat Key. As well as nearby attractions such as Anna Maria, St. Armands Circle, and Sarasota, convenience is paramount. Exquisite shopping and acclaimed dining options right here in ne Neighborhood. This home presents an unparalleled opportunity for those seeking extraordinary island living in an authentic community setting. The sights and sounds of the authentic atmosphere that is the Village are like no other, come live it today. Local on island rental management company has projected this property to produce over $72,000 in gross income to new owners for rental production in its current condition, ADD A POOL and add some income. Offered Completely TURN-KEY with tasteful furnishings in every room. See it today!

Details

Property type

Single Family Residence

Est. home value

$1,058,375

Lot size

9,450 sq ft

Price per sq ft

$567

Year built

1950

Annual property taxes

$9,999

HOA

Yes

Price History

09/16/2024
StellarMLS

StellarMLS #A4605218

Sold
$870,000
-6.95%
08/19/2024
StellarMLS

StellarMLS #A4605218

Pending
$935,000
07/22/2024
StellarMLS

StellarMLS #A4605218

Price change
$935,000
-1.58%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

Community features: 

Restaurant, Sidewalks

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

$570,425
Asking price
$935,000
Closing costs (~8% of asking)
-$74,800
Est. remaining loan balance
-$289,775
Cash to seller
$570,425

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

Seller’s Loan History

Lender

American Heritage Fcu

Loan start date

January 2021

Original loan amount

$371,000

Est. remaining balance

$289,775

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Jason R Stout and Laura A Stout

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: Off Market

Tomo last checked: 10/07/2024 at 7:05 AM

Listing updated: 09/17/2024 at 5:07 PM

Listed by: Jesse Griffin, CENTURY 21 BEGGINS ENTERPRISES Phone #: (941) 387-8888

MLS: StellarMLS #A4605218

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