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$4,825,000

Beds
5
Baths
4.5
sq ft
3,710

750 Penfield St, Longboat Key, FL 34228

750 Penfield St

LONGBOAT KEY, FL 34228

  • 167 days on market
    • Price drop $320,000↓
Nestled in the North Longboat Key area, this stunning five-bedroom home rebuilt in 2014 with new pool and many other features offers unparalleled luxury and breathtaking views. As you step through the sliding glass doors from the main living area to the terrace, you are greeted by the expansive vistas of Sarasota Bay and the Intercoastal Waterway. This property is an epitome of modern elegance, featuring high-end finishes and an array of amenities designed for comfort and style. Key features of the home include a gourmet kitchen equipped with the latest high end appliances ideal for culinary enthusiasts. The home has been recently updated with modern touches throughout plus a new roof. The four bathrooms are newly renovated with premium fixtures. The home has an elevator that accesses all levels. The spacious three car garage ensures plenty of room for vehicles and storage.The outdoor oasis features a hot tub and heated swimming pool, outdoor grill and under cover sitting perfect for unwinding and entertaining. For the boater two docks are on the property one with a 10,000 pound lift. Imagine waking up to the serene beauty of Sarasota Bay every morning. This home offers a unique living experience where nature and luxury intertwine. Whether you are entertaining guests or enjoying a quiet evening with family, the seamless indoor-outdoor living spaces provide a perfect backdrop. The hardwood floors add a touch of warmth, while the high-end finishes ensure an ambiance throughout. This North Longboat property is a must see for anyone seeking a luxurious lifestyle combined with natural beauty. With its modern amenities, prime location, and stunning views, it stands out as a dream home. Don’t miss the opportunity to make this exquisite residence your own.This north Longboat location is near many outstanding restaurants and Anna Maria Island. The azure waters of the Gulf of Mexico and the beach are just steps away.

Details

Property type

Single Family Residence

Est. home value

$2,979,115

Lot size

0.35 acres

Price per sq ft

$1,301

Year built

1977

Annual property taxes

$40,437.92

HOA fee

$100

Price History

12/03/2024
StellarMLS

StellarMLS #A4616014

Price change
$4,825,000
-6.22%
11/08/2024
StellarMLS

StellarMLS #A4616014

Price change
$5,145,000
-10.52%
07/09/2024
StellarMLS

StellarMLS #A4616014

Listed
$5,750,000
+91.67%

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

Wells Fargo Bank Na

Loan start date

April 2022

Original loan amount

$2,250,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

New Conventional, 30 year

Seller

Michael J Carroll and Lillian Carroll

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

Price drop
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$5,100,000
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House

5005 Gulf of Mexico Dr Unit 5, Longboat Key, FL 34228

Status: Active

Tomo last checked: 12/22/2024 at 7:10 PM

Listing updated: 12/03/2024 at 12:18 PM

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

MLS: StellarMLS #A4616014

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