8 months on rocket

561 Gulf Bay Rd, Longboat Key, FL, 34228

$985,000

0.23 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #A4580181
Lot Size0.23 Acres
StatusActive

About 561 Gulf Bay Rd

Take Note: PRICE REDUCED! When you’re looking TO BUILD on LONGBOAT KEY, this unique LOT is ready for construction. Property includes SURVEY and COMPLETED PLANS for a 3Bd/2Ba Pool Home designed by the noteworthy SANDHOFF CONSTRUCTION firm. Located midway between Anna Maria Island and St. Armand’s Circle, this special lot borders on the 32-acre Joan DURANTE PARK nature preserve and includes DEEDED ACCESS to pristine WHITE-SAND GULF BEACHES and the calm waters of SARASOTA BAY. A home at this location will also be a short distance to Euphemia Haye (one of this area’s WORLD-CLASS RESTAURANTS) and Harry’s Continental Kitchen and Deli, just one block from POLICE AND FIRE substations, and a short drive to a wide variety of SHOPPING and SERVICES. Assessment for the Longboat Key UNDERGROUND UTILITY project has been paid and the work is currently underway in the Township. There are no deed restrictions nor HOA. Suitability soil analysis report available on request (2012).

Property Details

Property Features

Listing Office:

  • Office Name: BANZHAF & ASSOCIATES INC
  • Office Phone: (941) 504-0350
  • Listing Agent: Susan Christy

Virtual/3D Tour

  • Virtual Tour: 561 Gulf Bay Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, City Lot, Near Public Transit, Room for pool, Dead End Street, Paved
  • Lot Size: 0.23 Acres

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: Travel north from St. Armand's Circle 8.7 miles to Gulf Bay Road or south from Anna Maria Island 7.7 miles. Turn east at Euphemia Haye Restaurant on Gulf Bay Road. This vacant lot is a half block east of the restaurant!

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000

Tax Information:

  • Annual Amount: $2,604
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

561 Gulf Bay Rd vs Longboat Key

242 DAYS ON ROCKET

+158 Days

$985,000

-$188.3K Less

KEY TAKEAWAY

This property is $188.3K less than the Median Sold Price in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4580181

Listing Office:

  • Office Name: BANZHAF & ASSOCIATES INC
  • Office Phone: (941) 504-0350
  • Listing Agent: Susan Christy

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: 4/19/2024, 9:19:20 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

May 06, 2020Home Sold
$173,000
Jul 01, 2011Home Sold
$126,000
Jun 25, 2010Home Sold
$96,000
Dec 18, 2008Home Sold
$300,000
Aug 31, 2005Home Sold
$387,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,604$159,900
2018$2,497$159,900
2017$2,497$159,900

History based on county public records data.

Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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-416931
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 6.97 miles

  • Public District Grades KG-5

Middle School

school-card-donut-416932
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 6.38 miles

  • Public District Grades 6-8

High School

school-card-donut-416933
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,407. Most Longboat Key, FL residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Longboat Key, FL

Types of housing in Longboat Key, FL.

Longboat Key did not experience a single construction boom; the construction of new buildings in the town was spread throughout multiple decades in the twentieth and twenty-first century. Large apartment buildings are the most common housing type, representing around half of dwellings in this part of the North Port-Sarasota-Bradenton metropolitan area, and the rest are mainly single detached homes. Homeowners occupy roughly 90% of the units in Longboat Key and the remainder are rented. This town is primarily composed of three bedroom and two bedroom homes.

What is it like to live in Longboat Key, FL?

Longboat Key is very good for those who need a quiet atmosphere, as there are low levels of noise from traffic.

Is it easy to get around Longboat Key, FL without a car?

This part of the North Port-Sarasota-Bradenton metropolitan area does not contain any high schools or primary schools. With respect to food, property owners in this town almost always have to use a vehicle to do their groceries.

Transportation in Longboat Key, FL.

Cars are an excellent means of transportation in this part of the North Port-Sarasota-Bradenton metropolitan area. It is very easy to park. In contrast, the public transit network in this part of the North Port-Sarasota-Bradenton metropolitan area is quite bad. Nonetheless, property owners are served by a few bus lines, and bus stops are not very far from most homes. Longboat Key is not very well-suited for those who travel by foot because almost no common errands can be run without the use of a vehicle.

Powered by Local Logic

Frequently Asked Questions About 561 Gulf Bay Rd

What is the listing price of this property?

The listing price of 561 Gulf Bay Rd property is $985,000.

What type of property is this?

The property 561 Gulf Bay Rd is land located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 561 Gulf Bay Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 561 Gulf Bay Rd 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 $2,604 (source: MLS/based on county public records data).

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

The last sale was on May 6, 2020 for $173,000. (source: MLS/tax record).

How much acreage is this property?

The property 561 Gulf Bay Rd is 0.23 acres.
Rocket Homes logo

Interested in 561 Gulf Bay Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaManatee CountyLongboat Key34228561 Gulf Bay Rd

This home is located at 561 Gulf Bay Rd in Longboat Key, FL and zip code 34228. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since August 21, 2023 and is currently priced at $985,000.

In March 2024 more than 2 listings in Longboat Key, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 39 were sold below. The inventory of homes for sale in Longboat Key, FL between February 2024 and March 2024 increased by 2.8%. Listings spent 84 days on the market in March 2024, and had a median list price of $1,173,333 during the same period.

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

More Resources