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540 Harbor Gate Way, Longboat Key, FL 34228
$3,600,000
540 Harbor Gate Way, Longboat Key, FL 34228View this property at 540 Harbor Gate Way, Longboat Key, FL 34228
540 Harbor Gate WayLongboat KeyFL34228
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Property Description
Don't miss this opportunity to live on a quiet cul-de-sac street located in the 24 hour security gated Harbor Section of Bay Isles, the premier neighborhood of Longboat Key. This property boasts 199' of waterfront on an oversized lot and deep-water canal with no bridges to Sarasota Bay. The seawall and dock can accommodate very large boats, up to 80' and possibly even larger, while the spectacular views will appeal to everyone. This sprawling landscaped property with a stately paver drive is well-positioned on an exclusive cul-de-sac. The existing home was under renovation when the owner decided to sell at lot value rather than move forward with their project. Currently, the grand, elevated facade of the 5000+ sq ft home makes a stunning first impression with double-doors revealing a spacious open design and soaring ceilings. An efficient floorplan and ample natural light add to the initial appeal. While bringing your own vision and artistic touches remains an option, a completely new build will maximize the potential of this spectacular location. An added benefit is the association is responsible for the seawall for the entire community. Residents enjoy all the benefits of Bay Isles just across the street, with miles of walking paths and membership to the private Bay Isles Beach Club. Savor the laidback luxury and island lifestyle that Longboat Key is known for with nearby restaurants - some with waterside dining, St. Armands Circle, and the cultural epicenter of downtown Sarasota. This rare offering truly represents the best of Longboat Key.
Full Property Details
Full Property Details for 540 Harbor Gate Way
General
- Sold For: $3,600,000
- HOA FEE: $225/month
- HOA FEE FREQ.: Annually
- Taxes: $23,171 (2021)
- Status: Closed
- Type: Single Family
- MLS ID: A4548328
- Added to Site: 598 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Interior Features: Other
- Fireplace: Yes
- Appliances: Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Balcony, French Doors, Irrigation System
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway
Location
- Area: 34228 - Longboat Key
- County: Sarasota
- Development Name: 34228 - Longboat Key
- Subdivision: BAY ISLES
- Driving Directions: On Longboat Key. Go North on Gulf of Mexico Drive. Go to the south Bay Isles gate. Turn right on Harbourside Drive, turn right on Harbor Sound Drive, turn left on Harbor Gate Way. Home will be at the end of the cul-da-sac on your left.
- Direction Faces: Southwest
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Riverview High
Community
- Community Name: 34228 - Longboat Key
- Community Features: Buyer Approval Required, Deed Restrictions, Gated Community
- Association: Yes
- Assoc. Name: Bay Isles - David Cromwell
- Pet Restrictions: Buyer to verify withi HOA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: Sarasota Bay
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Water Available
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Block, Stucco
- Roof: Tile
- Stories/Levels: Two
- Square Feet: 5,048
- Sq. Ft. Source: Public Records
- Living Area: 5,048 Sq. Ft.
- Year Built: 1991
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,112
- Street/Road Desc.: Paved
- Rcmdd Zoning: PD
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Beach - Access Deeded
- Water Extras: Yes
- Water Front Name: Sarasota Bay
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $2,700
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $23,171.6
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 5 BAY ISLES UNIT 1
- Flood Zone Info: AE
- APN: 8150005
- Property ID: 8150005
Listed by Michael Saunders & Company
Sold by Premier Sothebys Intl Realty
Get Pre-Approved Today
Schools
Schools serving 540 Harbor Gate Way
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1901 Webber St, Sarasota, FL 34239 | PK-5 | 5.8 mi | |
2250 Myrtle St, Sarasota, FL 34234 | 6-8 | 5.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 Harbor Gate Way
Date
Details
Price
Change
Source
4/14/2023
Sold
$3,600,000
-9.98%
MLS
3/13/2023
Price Reduced
$3,999,000
-11.13%
MLS
9/21/2022
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
540 Harbor Gate Way, Longboat Key, FL 34228 (MLS# A4548328) is a Single Family property that was sold at $3,600,000 on April 14, 2023. Want to learn more about 540 Harbor Gate Way? Do you have questions about finding other Single Family real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.