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 façade 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.
Sold for $3,600,000
$3,600,000
540 Harbor Gate Way, Longboat Key, FL 34228
5beds
5,048sqft
Single Family Residence
Built in 1991
0.44 Acres Lot
$3,684,800 Zestimate®
$713/sqft
$19,382 Estimated rent
Home value
$3,684,800
$3.28M - $4.16M
$19,382/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 26, 2024 at 08:07pm
Listing Provided by:
Stacy Hanan 941-266-0529,
MICHAEL SAUNDERS & COMPANY 941-951-6660
Bought with:
Roberta Tengerdy, PA, 3110050
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Source: Stellar MLS,MLS#: A4548328
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 17x36
Great room
- Level: First
- Dimensions: 34x42
Kitchen
- Level: First
- Dimensions: 21x22
Living room
- Level: First
- Dimensions: 19x21
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Other
Features
- Other
- Flooring: Other
- Doors: French Doors
- Has fireplace: Yes
Interior area
- Total structure area: 6,312
- Total interior livable area: 5,048 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony, Irrigation System
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal - Saltwater, Bay/Harbor Access, Beach - Access Deeded, Seawall
- Body of water: SARASOTA BAY
Lot
- Size: 0.44 Acres
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 0008150005
- Zoning: PD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab, Stem Wall
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & neighborhood
Community
- Community features: Buyer Approval Required, Deed Restrictions, Gated
Location
- Region: Longboat Key
- Subdivision: BAY ISLES
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $439 monthly
- Association name: Bay Isles - David Cromwell
- Association phone: 941-383-3200
- Second association name: Bay Isles
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2023 | Listing removed | -- |
Source:  Michael Saunders & Company Report a problem | ||
| 4/17/2023 | Listed for sale | $3,999,000+11.1%$792/sqft |
Source: Michael Saunders & Company #A4548501 Report a problem | ||
| 4/14/2023 | Sold | $3,600,000-10%$713/sqft |
Source:  Stellar MLS #A4548328 Report a problem | ||
| 4/7/2023 | Pending sale | $3,999,000$792/sqft |
Source: Stellar MLS #A4548501 Report a problem | ||
| 3/13/2023 | Price change | $3,999,000-11.1%$792/sqft |
Source: Stellar MLS #A4548328 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $35,782 -1.2% | $2,810,800 -0.7% |
| 2024 | $36,201 -4.2% | $2,829,900 -1.9% |
| 2023 | $37,773 +65.8% | $2,883,400 +64.5% |
Find assessor info on the county website
Neighborhood: 34228
Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: PK-5Distance: 5.8 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 5.4 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Southside Elementary
- Middle: Booker Middle
- High: Riverview High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$3,684,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,684,800
- Florida
- Sarasota County
- Longboat Key
- 34228
- 540 Harbor Gate Way