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Under contract-accepting backup offers. This premier lot and midcentury property, with one of the nicest pools in the area, is ready for its next visionary owner seeking the best of island living on beautiful Longboat Key. It's an ideal opportunity to renovate or build your dream home in the heart of the pedestrian and golf-cart friendly historic Longbeach Village with numerous waterfront restaurants and shops nearby. Located on Longboat Key's north end, this charming midcentury cedar-framed residence is set back on an expansive elevated lot with a deep front yard. The property boasts a private oasis in the rear, complete with a generous resort pool & spa and low-maintenance lawn. Previously updated to blend modern convenience with vintage character, the home was featured in a 2022 Herald-Tribune article as A Sweet Spot on Longboat. Original details include terrazzo floors with flecks resembling green sea glass and distinctive jalousie and awning windows, preserving its unique charm. The open concept living room and kitchen areas showcase cathedral-height ceilings, enhancing the sense of space. Modern drop lighting accents the kitchen and the layout offers easy flow and a relaxed living experience. A vibrant orange exterior and the light-filled rooms contribute to the home’s bright, uplifting atmosphere. Additional spaces include a generous den, a bonus room and an office, offering versatility for various needs such as a fourth bedroom if desired. The outdoor deck is ideal for entertaining or relaxing, surrounded by lush tropical landscaping. This property is one of the neighborhood’s favorites and presents a unique opportunity to reimagine its full potential. Interior photos include images from before and after remediation. All exterior photos of the yard, pool, and spa are current. Enjoy the neighborhood’s Gulf-to-Bay access, perfect for beachcombing, boating, kayaking, and paddleboarding. Launch your kayak just 100 yards away! The neighborhood offers proximity to various waterfront dining, shops, fitness, and the ultimate Florida lifestyle. Longbeach Village uniquely features a convenient community boat ramp, bay access, two fishing piers, public beach access, and several restaurants, cafes, and fitness studios, all just a few blocks away from this sizeable standout property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | $1,410 | $1,410 | $1,410 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,429 | $4,614 | $6,477 |
| Total Monthly Payment | $5,931 | $6,116 | $7,979 |
* 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.