tomo logo

$6,500,000

Beds
4
Baths
5.0
sq ft
5,424

741 Hideaway Bay Dr, Longboat Key, FL 34228

741 Hideaway Bay Dr

LONGBOAT KEY, FL 34228

  • 7 days on market
SOPHISTICATED WATERFRONT LIVING ON SARASOTA BAY-- POSTMODERN GEM Experience sophisticated waterfront living in this postmodern 5,424 square foot architectural gem situated on an .834 acre lot. Perfectly positioned on this generous and private parcel, the estate boasts 275 feet of Sarasota Bay waterfront. The split-level home is surrounded by mature tropical landscaping with Azek composite decks on each level, a shaded garden-level seating area, and a hot tub composite deck. The soaring ceilings and expansive impact windows provide abundant natural light, bringing the outside in, and providing unobstructed views of the Bay throughout the house. The interior provides an inviting open floor plan, along with generous private spaces. Entering the home through the large foyer, you are greeted with 180 degree Bay views, which continue as you move into the living and dining rooms. On the next level, you will find a spacious chef’s kitchen with guest seating, breakfast area, and deck, all with full views of the Bay. A family room and private guest wing is located on this level, with 2 bedrooms each with ensuite baths. The home has two master suites, each with private decks and full Bay views. Overall, this home provides the perfect environment for entertaining or for finding serenity and solitude with nature and abundant wildlife. The ground level includes a 3-car garage, a separate storage room with garage doors allowing access for a 4th car and golf cart, and a separate 900 square foot workshop and exercise space which could also be used as a game/hobby area. Outside, enjoy the island waterfront lifestyle with an elevated 50-foot long refinished swimming pool and tile deck overlooking the newly designed and constructed (2018) Azek composite boat dock (Duncan Seawall). The deep water dock has two 4-piling boat lifts, a kayak lift, fish cleaning station, as well as a composite bench for viewing the many seasons of Sarasota Bay. Finally, and significantly, the property is located just blocks (5 minute walk) from one of Longboat Key’s 12 designated beach access points for early morning or sunset walks on the white sands of the Gulf. The boat dock is just a short ride by boat to the ICW and to Longboat Pass for quick access to the Gulf. In addition, the community has two private tennis courts for use by HOA members and their guests. This community of 18 custom homes is tucked away down a mangrove-lined winding road that delivers you to one of the most secluded and serene communities on Longboat Key. The current owners have invested over $1 million in upgrades since 2017, too numerous to include, but available upon request. This property sustained landscaping damage from the 2024 storms but no interior damage. The lawn and many ornamental plants have been replaced and much of the most mature tropical landscaping survived these storms.

Details

Property type

Single Family Residence

Est. home value

$4,719,514

Lot size

0.83 acres

Price per sq ft

$1,199

Year built

1982

Annual property taxes

$34,163.9

Monthly HOA fee

$75

Price History

02/15/2025
StellarMLS

StellarMLS #A4639736

Listed
$6,500,000
+182.24%
06/30/2017
StellarMLS

StellarMLS #A4103504

Sold
$2,303,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Liberty Savings Bank Fsb

Loan start date

March 2008

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Not Provided, 30 year

Seller

Terence F Blackman and Joanne V Blackman

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?

Similar Homes Nearby

StellarMLS
$7,150,000
5 bd
|
5 ba
|
4,272 sq ft
|
House

5910 Gulf of Mexico Dr, Longboat Key, FL 34228

Price drop
StellarMLS
$6,750,000
5 bd
|
5.5 ba
|
3,503 sq ft
|
House

7147 La Lenaire Dr, Longboat Key, FL 34228

Price drop
StellarMLS
$6,295,000
4 bd
|
4.5 ba
|
3,989 sq ft
|
Condo

4651 Gulf of Mexico Dr Unit 402, Longboat Key, FL 34228

Status: Active

Tomo last checked: 02/23/2025 at 2:15 AM

Listing updated: 02/16/2025 at 6:51 AM

Listed by: Reid Murphy, DEVELOPERS REALTY LBK, INC Phone #: (941) 799-9096

MLS: StellarMLS #A4639736

StellarMLS logo