750 Penfield STREET, Longboat Key, FL, 34228 | $5,145,000

Nestled in the North Longboat Key area, this stunning five-bedroom home 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 hardwood floors, 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. Full renovations and pool done in 2014.

Features

  • Elevator: Y
  • Rooms: 7
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1977
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,710
  • Acreage: 0.35
  • Est. Taxes: $40,438
  • HOA Fee: $100
  • Pool: Heated, In Ground
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer
  • MLS#: A4616014
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /eprop/A4616014/750penfieldstreet_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/15/2024 1:13:30 AM)
Listing courtesy of DEVELOPERS REALTY LBK, INC   Phone: 941-799-9096

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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750 Penfield STREET, Longboat Key, FL, 34228

$5,145,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,116,000 $4,116,000 $4,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $3,370 $3,370 $3,370
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,696 $26,696 $36,423
Total Monthly Payment $30,191 $30,191 $39,918

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.