4 months on rocket

Sale Pending

699 Penfield St, Longboat Key, FL, 34228

$2,100,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
2,536 SqFt
$828/SqFt
House
Schools Nearby

Location

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699 Penfield St, Longboat Key$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Ground Level, Oversized, Under Building
Attached Garage2 spaces
Year Built2009
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal
ViewPool, Water
Private PoolYes
MLS #A4593104
Lot Size0.23 Acres
StatusSale Pending
(Pending)

About 699 Penfield St

Under contract-accepting backup offers. Welcome to this custom home built in 2009. Original owner, two bedrooms plus office or small third bedroom on 120 feet of direct canal access and a short distance to open bay waters and the Gulf beyond. The main living floor features Travertine stairway to an expansive great room, which includes living and dining area and open kitchen. Kitchen boasts maple cabinets, GE Profile, Bosch and Frigidaire appliances. Two bedrooms and 3 full bathrooms plus oversized laundry room, Stiebel Eltron tankless water heater, security system and access to a large covered terrace with Travertine tile all located on main floor. On the lower level is a large storage area as well as an oversized two-car garage with plenty of extra storage and space for a workshop, your recreational water vehicles, or bikes. Multiple doors leading to a large covered patio, outdoor shower, solar heated saltwater pool and 30’ dock with water and electricity and 10,000 lb boat lift. Perfect primary residence, second home or investment property minutes away from beautiful sandy beaches of Longboat Key. Nearby restaurants, amazing parks and close proximity to Anna Maria, Bradenton and Sarasota make this home the perfect choice. Furniture available by separate negotiation.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2009
  • Stories: 2
  • Living Area: 2,536 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Cathy Meldahl, PA

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Travertine
  • Interior: Ceiling Fans(s), Central Vaccum, Crown Molding, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Pool, Water
  • Exterior: Balcony, French Doors, Irrigation System, Outdoor Shower, Rain Gutters, Sliding Doors, Sprinkler Metered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Ground Level, Oversized, Under Building

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Dead End Street, Paved
  • Lot Size: 0.23 Acres

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 to east on General Harris, left on Penfield St (third street), house on left at 699 Penfield St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $828/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually

Tax Information:

  • Annual Amount: $16,478
  • Tax Year: 2020
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Housing Market Comparison

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

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Longboat Key, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$727

Avg. Days On Market

59

# of Sold Homes

58

699 Penfield St vs Longboat Key

131 DAYS ON ROCKET

+72 Days

$2,100,000

+$926.2K More

$828/SqFt

+$100 More

KEY TAKEAWAY

This property is $926.2K more than the Median Sold Price and $100/SqFt more 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: #A4593104

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Cathy Meldahl, PA

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: 5/15/2024, 2:19:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2003Home Sold
$370,000
Oct 21, 2002Home Sold
$300,000
Jun 08, 2001Home Sold
$196,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,478$974,837
2018$12,493$836,380
2017$12,494$774,968

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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-1456498
8
/10

  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 5.74 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1456499
3
/10

  • Martha B. King Middle School

  • 600 75th St NW

  • 5.68 miles

  • Public District Grades 6-8

High School

school-card-donut-1456500
2
/10

  • Bayshore High School

  • 5401 34th St W

  • 4.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,702. Typical income of Longboat Key, FL residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 699 Penfield St

What is the listing price of this property?

The listing price of 699 Penfield St property is $2,100,000.

What type of property is this?

The property 699 Penfield St is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Sale Pending: 699 Penfield St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 699 Penfield St 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 $16,478 (source: MLS/based on county public records data).

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

The last sale was on October 23, 2003 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 699 Penfield St has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 699 Penfield St is 2,536 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 699 Penfield St is 2009.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›699 Penfield St

This home is located at 699 Penfield St in Longboat Key, FL and zip code 34228. This 2,536 square foot home, which was built in 2009, sits on a 0.23 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $2,100,000.

While more than 3 listings in Longboat Key, FL in April 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 43 were sold below. In April 2024 in Longboat Key, FL there were 4.5% less homes for sale than in March 2024. While the average time on the market in April 2024 was 59 days, the median list price was $1,173,750.

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

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