7 months on rocket

730 Penfield St, Longboat Key, FL, 34228

$2,395,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,086 SqFt
$776/SqFt
House
Schools Nearby

Location

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730 Penfield St, Longboat Key$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1981
HeatingCentral
CoolingCentral Air
WaterfrontCanal
Private PoolYes
MLS #A4585460
Lot Size0.26 Acres
StatusActive

About 730 Penfield St

This canal front three-bedroom home on Longboat Key gives you the island lifestyle in a tropical sanctuary that is rich with lush,Florida-friendly landscaping. The home is located on a deep-water canal with direct access to Sarasota Bay and the intra-coastal waterway with no fixed bridges for enjoying fantastic boating and other water toys. The home is a split-level residence with three bedrooms and the master suite is completely private plus the master suite sliding glass doors open to the outdoor patio with views over the pool to the lovely waterway. The floor plan includes a stainless and granite galley kitchen, wet bar and wood burning fireplace. There is a grand two-story entry foyer. Soaring ceilings and a wealth of windows bring in natural daylight throughout the course of the day. The living room, dining room, kitchen and all bedrooms are conveniently located on one level. The 2,500 sq. ft. screened-in-lanai offers an extension of the living space with a multi-level deck and a heated pool all overlooking the canal. There is additional living/working space off the garage level. A two-car garage is located on ground level as well as a third garage area great for jet ski or small boat storage. The dock includes a lift for your boat. Located a short distance from the public beach access, the tranquil beaches of Longboat Key are yours to enjoy whether going for a swim in warm, Gulf waters, walking the beach or enjoying the sunset. Whether by boat or car, you're only minutes from world-class dining and shopping, a host of cultural amenities, and nearby barrier islands. New Roof put on in 2022.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 1
  • Living Area: 3,086 SqFt

Listing Office:

  • Office Name: DEVELOPERS REALTY LBK, INC
  • Listing Agent: Reid Murphy

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Water Heater, Ice Maker
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • Exterior: Balcony, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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, go north on Gulf of Mexico Drive to right on General Harris to left on Penfield. #rd from end on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $776/SqFt

Tax Information:

  • Annual Amount: $13,810
  • 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

730 Penfield St vs Longboat Key

217 DAYS ON ROCKET

+158 Days

$2,395,000

+$1.2M More

$776/SqFt

+$48 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $48/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: #A4585460

Listing Office:

  • Office Name: DEVELOPERS REALTY LBK, INC
  • Listing Agent: Reid Murphy

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: 5/22/2024, 11:19:39 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

Nov 20, 2014Home Sold
$700,000
Apr 04, 2003Home Sold
$600,000
Jun 06, 2002Home Sold
$650,000
Apr 06, 2000Home Sold
$340,100
Feb 21, 1997Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,810$850,308
2018$12,658$815,693
2017$12,658$824,913

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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-6112703
8
/10

  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 5.69 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6112704
3
/10

  • Martha B. King Middle School

  • 600 75th St NW

  • 5.58 miles

  • Public District Grades 6-8

High School

school-card-donut-6112705
2
/10

  • Bayshore High School

  • 5401 34th St W

  • 4.82 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. The majority of Longboat Key, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 730 Penfield St

What is the listing price of this property?

The listing price of 730 Penfield St property is $2,395,000.

What type of property is this?

The property 730 Penfield St is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 730 Penfield St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 730 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 $13,810 (source: MLS/based on county public records data).

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

The last sale was on November 20, 2014 for $700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 730 Penfield St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 730 Penfield St is 3,086 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 730 Penfield St is 1981.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›730 Penfield St

This home is located at 730 Penfield St in Longboat Key, FL and zip code 34228. This 3,086 square foot home, which was built in 1981, sits on a 0.26 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $2,395,000.

In April 2024, from all listings sold in Longboat Key, FL there were more than 3 sold above asking price, over 43 sold below and more than 12 were sold right at the asked price. The number of listings in Longboat Key, FL decreased by 4.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,173,750, while the average time on the real estate market was 59 days.

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

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