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542 Sutton Pl, Longboat Key, FL, 34228

$595,000

Home List Price

$7,066*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,450 SqFt
$410/SqFt
Condo
Schools Nearby

Location

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542 Sutton Pl, Longboat Key$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Attached Garage1 space
Year Built1972
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
ViewGarden
MLS #A4603180
StatusActive

About 542 Sutton Pl

Imagine starting your day with glorious sunrises over the Bay and ending it with mesmerizing sunsets over the Gulf of Mexico. Whether your interests lie in boating, relaxing by the clubhouse pool, the second bayside pool, or indulging yourself on the pristine Gulf of Mexico beach, this residence provides deeded Gulf-to-Bay access and an incredible waterfront lifestyle. Sutton Place provides an abundance of amenities, featuring a meticulously designed poolside clubhouse for communal gatherings or hosting private functions. The clubhouse boasts a fully equipped kitchen, a billiards table, and a cozy library corner. Additionally, residents can enjoy three BBQ zones, kayak storage and launch facilities, boat slip rentals, a residents-only private beach with a Gated Gulf Beach Pavilion, picnic tables, restrooms/hot showers, a car wash area, and lockers for your beach chairs. 2 dogs or cats under 25lbs are allowed. Move right into this furnished roomy three-bedroom, two-and-a-half-bath villa located on the exclusive barrier island of Longboat Key. Tastefully updated with new carpet, new bathroom vanity and fixtures, stylish stainless-steel appliances, new garage door and finished floor, updated lanai and complete exterior facelift. The open flow of the living room through the dining area and out to the screened-in lanai allows for a great place to relax or entertain guests. The bedrooms are located on the second floor which provides privacy from the ground level living and entertaining areas. The three bedrooms are spacious and offer generously sized closets in every room, with the primary bedroom featuring an ensuite. The home also offers a rare and very ample attached private single-car garage with storage and a large laundry room with extra storage adjacent to the kitchen. For those seeking rental income, Sutton Place is highly desired and rents well, allowing two rentals per year, with a one-month minimum rental period after your first year of ownership. The mid-key location is ideal for exploring the nearby Bayfront Park with its Recreation Center, playground, basketball court, shuffleboard courts, multi-purpose open field, pickleball courts, tennis, picnic tables, and yoga lawn. You're also ideally located for enjoying numerous restaurants at either end of the key. Parks in either direction, Shoppes and cultural attractions of Longboat Key plus charming Anna Maria Island are just minutes away and the fun of St. Armands Circle and downtown Sarasota a convenient drive to the south. Enjoy the large pathway that runs the distance of the Key. *Seller financing is available at a low rate of 4%*. Don’t miss your chance to live where others vacation. It’s time to claim your slice of paradise. Call and make an appointment today.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,450 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Cindy Fischer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Garden
  • Exterior: Irrigation System, Sliding Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bayshore High School, Public District Grades 9-12
  • Martha B. King Middle School, Public District Grades 6-8
  • Anna Maria Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From south Longboat Key, go north on Gulf of Mexico Drive, turn East (right) on Sutton Place (first street just past St. Mary's Catholic Church). Once in the complex go past the clubhouse and stop sign. Turn right past the pond at first street within the complex, 542 is in the 2nd building on left. Park in front of the center garage door. Take sidewalk to left side of building to downstairs front door. Door entry is marked 542.

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $410/SqFt

Tax Information:

  • Annual Amount: $5,138
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$732

Avg. Days On Market

84

# of Sold Homes

45

542 Sutton Pl vs Longboat Key

43 DAYS ON ROCKET

-41 Days

$595,000

-$578.3K Less

$410/SqFt

-$322 Less

KEY TAKEAWAY

This property is $578.3K less than the Median Sold Price and $322/SqFt less than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4603180

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Cindy Fischer

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 9:19:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2016Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,138$290,000
2018$4,088$250,000
2017$4,088$245,250

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1131056
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 8.62 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1131057
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 7.61 miles

  • Public District Grades 6-8

High School

school-card-donut-1131058
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,893. The most common annual income of people living in Longboat Key, FL is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 Sutton Pl

What is the listing price of this property?

The listing price of 542 Sutton Pl property is $595,000.

What type of property is this?

The property 542 Sutton Pl is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 542 Sutton Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 542 Sutton Pl are:
Anna Maria Elementary School: GreatSchools Rating 8/10
Martha B. King Middle School: GreatSchools Rating 3/10
Bayshore High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,138 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 14, 2016 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 542 Sutton Pl has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 542 Sutton Pl is 1,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 542 Sutton Pl is 1972.

Rocket HomesFloridaManatee CountyLongboat Key34228542 Sutton Pl

This home is located at 542 Sutton Pl in Longboat Key, FL and zip code 34228. This 1,450 square foot home was built in 1972. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $595,000.

Over 2 listings were sold over their listed price in March 2024 in Longboat Key, FL. In the same period over 39 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Longboat Key, FL between February 2024 and March 2024 increased by 2.8%. While the average time on the market in March 2024 was 84 days, the median list price was $1,173,333.

From Rocket Homes Real Estate and based on county public records data.

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