tomo logo

$1,325,000

Beds
3
Baths
3.0
sq ft
2,905

749 Penfield St, Longboat Key, FL 34228

749 Penfield St

LONGBOAT KEY, FL 34228

  • 246 days on market
Seller Financing Available. Imagine the convenience of not walking up and down the stairs every day. Here there are bedrooms, bathroom and living room on the ground floor, unlike most Longboat Key homes. One of the very few ground-floor living homes on Longboat Key (Grandfathered in). Inspired by Meisner from Palm Beach & the villas on the Venetian canals. Located in a highly desirable neighborhood, this magnificent home seamlessly blends modern artistry with Mediterranean grandeur and is only a 10-minute walk to the beach. As you approach the home from the roundabout driveway, an archway leads to an elegant atrium, introducing you to the splendor that awaits inside. Upon entering, you are welcomed by open spaces, soaring ceilings, and large windows offering picturesque views of lush landscaping. The great room is perfect for hosting gatherings. Adjacent to the kitchen is a large laundry room with a washer and dryer and extra closet space, offering the potential to be an additional bedroom. Also on the main level are two spacious bedrooms, each with their own full bath. A stunning, curving wooden staircase with an elegant metal railing takes you to the upper level, where a bridge with decorative columns and large panoramic windows leads to the arched entrance of the primary suite and living area. This expansive area features cathedral ceilings, fireplace, and beautiful balcony with captivating views. The en-suite bath is a luxurious retreat boasting gorgeous tile flooring and an exquisite tub that sits next to large windows overlooking the canal. The primary suite also includes a huge walk-in closet with wood doors, accessible and closable from both the bedroom and bathroom. This spacious closet can easily be transformed into a room for hobbies. Another door leads to an outside terrace offering peaceful and pretty views. Sited on one of the island's deepest canals, the backyard dock is perfect for boating enthusiasts or enjoying water activities such as paddle boarding and fishing. The home is tucked away on the tranquil and secluded Penfield Street, which is surrounded by beautiful Hideaway Bay. Longboat Key Club amenities, beaches, restaurants, shopping, parks, and entertainment are nearby. Explore the splendor of this exquisite, one-of-a-kind home – it is a true gem that should not be missed.

Details

Property type

Single Family Residence

Est. home value

$1,610,904

Lot size

9,919 sq ft

Price per sq ft

$457

Year built

1968

Annual property taxes

$17,528

HOA

No

Price History

09/20/2024
StellarMLS

StellarMLS #N6131408

Price change
$1,325,000
-10.17%
08/03/2024
StellarMLS

StellarMLS #N6131408

Listed
$1,475,000
08/01/2024
StellarMLS

StellarMLS #N6131408

Removed
$1,475,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

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

Community Bank Group

Loan start date

January 2008

Original loan amount

$215,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Not Provided, 30 year

Seller

Robert J Fritz and Geraldine V Fritz

Lender

1St Nationwide Mtg Corp

Loan start date

May 1995

Original loan amount

$188,000

Est. remaining balance

Not provided

Interest rate

8.38%

Loan type

Not Provided

Seller

Robert J Fritz and Geraldine V Fritz

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: 11/08/2024 at 10:40 AM

Listing updated: 11/08/2024 at 10:18 AM

Listed by: Tammy Kitt, MICHAEL SAUNDERS & COMPANY Phone #: (941) 951-6660

MLS: StellarMLS #N6131408

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