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$917,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2,905 Sq. Ft.
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An extraordinary opportunity awaits the next visionary owner of this spacious waterfront Mediterranean-style home. Whether you choose to renovate the current home or build your new dream home, it is ideally located on a wide canal with no fixed bridges to the Gulf of Mexico. A day out on the water is right out of your back door! It is just a short stroll to the pristine beach in the highly desirable north end of Longboat Key. This is where luxury living meets the relaxed charm of coastal living. The home was damaged in the storms but was remediated and drywall was replaced. It will need flooring, a new kitchen and two bathrooms, but it features 3 bedrooms and 3 baths, and offers abundant space to recreate your perfect waterfront retreat. A distinctive arched entryway welcomes you to a private front courtyard. Upon entering through the beautifully carved wooden door, you are greeted by an abundance of natural light that highlights the unique architectural details, with a scenic view of the sparkling canal beyond. The first floor hosts a spacious open plan living and dining area, the kitchen, two bedrooms, and two bathrooms, along with a large utility room that could easily serve as a fourth bedroom or additional living space. A grand staircase leads to the primary bedroom, which boasts a luxurious marble ensuite with a jacuzzi tub and breathtaking views of the canal below. This exceptional room features a cathedral ceiling with exposed wooden beams, a gorgeous oak floor with intricate inlays, a wood-burning fireplace, and a balcony overlooking the private courtyard. It is a true sanctuary that could easily be transformed into a second expansive living area. Close to multiple restaurants, the fabulous St.Regis Resort and the world renowned St. Armands Circle.....and just a couple of bridges away from the cultural epicenter of downtown Sarasota......this is a rare offering to come and make your own!

Full Property Details for 749 Penfield St

General

  • Sold For: $917,000
  • Taxes: $19,727 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4663334
  • Added to Site: 136 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 6
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat
  • Fireplace: Yes
  • Fireplace(s): Master Bedroom
  • Appliances: None
  • Furnishings: Unfurnished
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

  • Exterior Features: Balcony, Courtyard, Lighting, Private Mailbox
  • Deck/Patio: Front Porch
  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34228 - Longboat Key
  • County: Manatee
  • Development Name: 34228 - Longboat Key
  • Subdivision: SLEEPY LAGOON PARK 2
  • Driving Directions: From Gulf of Mexico Dr. turn East on General Harris street and left on Penfield. Home is about 3/4's of the way down on the left.
  • Direction Faces: East

School Information

  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High

Community

  • Community Name: 34228 - Longboat Key
  • Pet Restrictions: None

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water District: SARASOTA BAY
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Structural Information

  • Architectural Info: Mediterranean
  • Architectural Style: Mediterranean
  • Exterior Const.: Stucco
  • Roof: Concrete
  • Windows: Rods
  • Stories/Levels: Two
  • Square Feet: 2,905
  • Sq. Ft. Source: Public Records
  • Living Area: 2,905 Sq. Ft.
  • Year Built: 1968

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 9,919
  • Lot Size: 9919
  • Lot Dimensions: 80 x 124
  • Frontage: Street Paved
  • Street/Road Desc.: Paved
  • Fencing (Description): Wood

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater
  • Water Extras: Yes
  • Water Front Name: SARASOTA BAY
  • Water Front Desc.: Saltwater Canal

Financial Considerations

  • Tax Amount: $19,727.8
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 123 SLEEPY LAGOON PARK NO 2 PI#78752.0000/3
  • Flood Zone Info: AE
  • APN: 7875200003
  • Property ID: 7875200003

Listed by Michael Saunders & Company
Sold by Keller Williams South Shore

Listing agent

— 749 Penfield St —

  • Michael Saunders & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 749 Penfield St

School District:Manatee County School District
NameGradesDistance
Anna Maria Elementary School
4700 Gulf Drive, Holmes Beach, FL 34217
PK-55.6 mi
Martha B. King Middle School
600 75th Street Northwest, Bradenton, FL 34209
6-85.6 mi
Bayshore High School
5401 34th Street West, Bradenton, FL 34210
9-124.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 749 Penfield St

Date
Details
Price
Change
Source
10/27/2025
Sold
$917,000
-5.95%
MLS
9/02/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Michael Saunders & Company
Sold by Keller Williams South Shore

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749 Penfield Street, Longboat Key, FL 34228 (MLS# A4663334) is a Single Family property that was sold at $917,000 on October 27, 2025. Want to learn more about 749 Penfield Street? 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.