540 Harbor Gate Way, Longboat Key, FL 34228

$4,500,000
5
BD
6.5
BA
5,048
SqFt
List Price
$4,500,000
Status
Active
Days on Market
6
MLS#
A4548328
Property Style
Single Family
Architectural Style
Custom
Year Built
1991
Bedrooms
5
Bathrooms
6.5
Baths Half
1
Living Area
5,048
Lot Size
19,112
Acres
0.44
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Bay Isles
Community Name
Bay Isles
MLS Area Major
Longboat Key

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 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.

Additional Information

Taxes
$23171
Minimum Lease
8-12 Months
HOA Fee
$2,700
HOA Payment Schedule
Annually
Community Features
Buyer Approval Required, Deed Restrictions, Gated
Zoning
PD
Interior Layout
Other
Interior Features
Other
Floor
Other
Appliances
Other
Utilities
Cable Available, Electricity Available, Water Available
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Balcony, French Doors, Irrigation System
Roof
Tile
Foundation
Slab, Stem Wall
Pool
Private
Pool Type
In Ground
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Driveway
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Riverview High
Water Name
Sarasota Bay
Water Extras
Dock - Slip Deeded On-Site, Seawall - Other
Water View
Canal
Water Access
Bay/Harbor, Beach - Access Deeded
Water Frontage
Canal - Saltwater
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0008150005
Legal Description
LOT 5 BAY ISLES UNIT 1

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Listing courtesy of MICHAEL SAUNDERS & COMPANY.

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