7012 Palm DRIVE Longboat Key, FL $ 1,650,000
7012 Palm DRIVE
$ 1,650,000
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7012 Palm DRIVE

Longboat Key, FL, 34228
$ 1,650,000
Bedrooms2 Baths2.0 Sq 1,104

Monthly Estimate*

$ 10,966

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Single Family Home for sale in Longboat Key, FL

for $1,650,000 with 2 bedrooms and 2 full baths. This 1,104 square foot home was built in 1961 on a lot size of 0.31.

Come create your own island paradise! Here is an exceptional opportunity to own a large, buildable waterfront lot with a dock already in place in the friendly Longbeach Village on Longboat Key, PLUS a charming 1960’s 2 bedroom, 2 bath cottage you could live in while you’re building your dream home! This adorable cottage is ONLY being offered with the additional adjacent 7997sf vacant lot included (MLS#A4586829 Prop ID #7803300008) and the price reflects the total for both properties. It will give you 13,747sf of prime waterfront property just ready for your imagination. You could choose to live in the adorable cottage while you are building your new home, or garner rental income while you are putting together your plans. Later keep the cottage as a part of the family compound or tear it down to make room for a fabulous waterfront pool! If you want to invest in an even bigger opportunity for a compound, there is another additional 8616 sf waterfront lot (MLS#A4586309 Prop ID#7801500059) available that adjoins the 7997sf lot under separate purchase. The amazing location of the cottage and lots affords its owner a remarkable quality of life with days spent boating and fishing out on the water or relaxing in the Florida sunshine on the sugary sand beach and retuning to enjoy one of the many casual or fine dining restaurants and shopping opportunities that are within a bike ride away. When you’re ready for more, the world class shopping of St. Armands Circle and the epicenter of downtown Sarasota are just a short drive over the bridges. Bring your imagination and come consider this rare offering.

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Single Family Active

Price

$ 1,650,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 8,500

Style

Cottage

Lot Size

0.31

Year Built

1961

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4598828

Features
General
Interior Features Ceiling Fan(s) Living Room/Dining Room Combo Window Treatments
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Public Sewer Connected Street Lights Water Connected
Roof Shingle
Appliances Built-In Oven Cooktop Dishwasher Dryer Exhaust Fan Refrigerator Washer
Exterior Features Outdoor Shower Private Mailbox Sliding Doors
Zoning C1
Patio/Porch Features Screened Side Porch
Architectural Style Cottage
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1961
View Garden Water
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Canal - Saltwater
County Manatee
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name LONGBEACH ON LONGBOAT KEY
Facing Direction North
Garage Y/N No
Total Rooms 5
Status Active
Directions From south Longboat Key go north on Gulf of Mexico to the north end of the key. Turn east on Broadway on the north end of Longboat Key from Gulf of Mexico Dr. Broadway is the very last (or first road
High School Bayshore High
City LONGBOAT KEY
Buyer Agent Compensation 3%
Body of Water Sarasota Bay
Senior Community Y/N No
MLS Area 34228 - Longboat Key
Lot Size Units Square Feet
Lot Size Square Feet 13747
Private Pool No
Waterfront Y/N Yes
Carport Spaces 1
Carport Y/N Yes
Street Name Palm
Listing Terms Cash Conventional
Elementary School Anna Maria Elementary
Tax Annual Amount 8500
Middle/Junior High School Martha B. King Middle
Public Remarks Come create your own island paradise! Here is an exceptional opportunity to own a large buildable waterfront lot with a dock already in place in the friendly Longbeach Village on Longboat Key PLUS a
Lease Considered Y/N Yes
Days on Market 69
Living Area Units Square Feet
Standard Status Active
Tax Lot 32
Legal Description LOT 32 BLK 22 REV LONG BEACH PI#78032.0000/0
Water View Canal
Water Access Type Bay/Harbor Canal - Freshwater Gulf/Ocean to Bay Intracoastal Waterway
Minimum Lease 1 Month
Water Access Y/N Yes
Water View Y/N Yes
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Interior
Flooring Terrazzo
Furnished Y/N Furnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds Drapes
Fireplace Y/N No
Full Baths 2
Half Baths 0
Street Suffix DRIVE
Laundry Features Inside Laundry Room
Total Bedrooms 2
Total Baths 2
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Exterior
Fencing Wood
Parking Features Boat Covered Driveway Ground Level Guest
Lot Features Cleared Corner Lot City Lot Near Golf Course Near Marina Near Public Transit Oversized Lot Sidewalk
Water Source Public
Lot Size Area 13747
Foundation Details Slab
Building Area Total 1668
Lot Dimensions 150 x 125 x 100 x 44 x 43 x 125
Lot Size Acres 0.31
Road Surface Type Paved
Covered Spaces 1
Road Frontage Type Street Paved
Open Parking Y/N Yes
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* Excluded Features
List By
Michael Saunders & Company

Broker

JoDeneMoneuse@michaelsaunders.com

Email

Affordability Calculator

$11,675
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$708
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3326505 Elementary School
3324693 Middle School
Bayshore High High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$1,650,000 Listed Price

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7012 Palm DRIVE, Longboat Key, FL, 34228 is a Single Family Home for sale at $1,650,000 with 1,104 sqft and a lot size of 0.31. 7012 Palm DRIVE has 2 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 34228 which is in Longboat Key, FL