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Off market
  • $1,477,000

    701 Penfield St, Longboat Key, FL 34228

    2beds
    1,833sqft
    SingleFamily
    Built in 1981
    10,018 Square Feet Lot
    $1,477,000 Zestimate®
    $806/sqft
    $6,721 Estimated rent

    Home value

    $1,477,000

    $1.31M - $1.67M

    $6,721/mo

    Zestimate® history
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    $9,654/mo

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    $9,654/mo

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    What's special

    Perfectly situated in the coveted Sleepy Lagoon north Longboat Key community, you will find this hidden waterfront gem with loads of curb appeal located on a deep water canal accessing Sarasota Bay. Upon entering you are greeted with 10' ceilings in the main living area with a wood burning fireplace and access to the front terrace. Centrally located the dining and living areas open to the completely remodeled kitchen showcasing a serene canal view, porcelain tile flooring, granite countertops, an oversized breakfast bar with access to the spacious screened rear terrace replaced in 2018. The master bedroom offers two walk-in closets, access to the terrace and a spacious master bath with dual vanities and plenty of counter space. The guest bedroom is ensuite and overlooks the lushly landscaped circular drive. Relax into the Longboat Key lifestyle by the heated pool which was recently rescreened. Ideal for boater's, the newer dock is outfitted with water, electric and a lift to accommodate up to a 15,000lb boat. Sleepy Lagoon offers nearby beach access and an ideal location close to fine dining and shopping. Other recent home improvements include all new blinds upstairs, rain spouting, hurricane rated garage door, updated landscaping, railings and chimney, a new fence and a total roof replacement in 2020. Additionally there are impressive air conditioned storage areas on the lower level adjacent to the 2 car garage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,833 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Open
    Features
    • Exterior features: Wood
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: 7874800001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1981

    Community & neighborhood

    Location
    • Region: Longboat Key

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2 monthly

    Price history

    DateEventPrice
    9/6/2022Sold$1,225,000-5.7%$668/sqft
    Source: Public Record Report a problem
    8/1/2022Pending sale$1,299,000$709/sqft
    Source: Stellar MLS #A4537570 Report a problem
    7/27/2022Price change$1,299,000-13.3%$709/sqft
    Source: Stellar MLS #A4537570 Report a problem
    6/17/2022Price change$1,499,000-4.8%$818/sqft
    Source: Stellar MLS #A4537570 Report a problem
    6/2/2022Listed for sale$1,575,000+359.9%$859/sqft
    Source: Stellar MLS #A4537570 Report a problem
    4/20/1998Sold$342,500$187/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,329 +2.3%$627,787 +2.9%
    2024$9,115 +0.8%$610,094 +3%
    2023$9,046 +14.3%$592,324 +15.5%
    2022$7,915 -1.1%$512,955 +3%
    2021$8,006 +0.6%$498,015 +1.4%
    2020$7,962 +1.7%$491,139 +2.3%
    2019$7,827 $480,097 +1.9%
    2018$7,827 +0.7%$471,145 +2.1%
    2017$7,773 +14%$461,454 +2.1%
    2016$6,819 $451,963 +0.7%
    2015$6,819 $448,821 +0.8%
    2014$6,819 +2.2%$445,259 +1.5%
    2013$6,675 +667396%$438,679 +1.7%
    2012$1 $431,346 +3%
    2011$1 $418,783 +1.5%
    2010-- $412,594 +2.7%
    2009$5,977 -4.7%$401,747 +0.1%
    2008$6,271 +5.1%$401,346 +3%
    2007$5,968 -3.9%$389,656 +2.5%
    2006$6,210 -0.4%$380,152 +3%
    2005$6,237 +1.2%$369,080 +3%
    2004$6,162 -1.4%$358,330 +1.9%
    2003$6,249 +0.8%$351,649 +2.4%
    2002$6,199 +1.3%$343,407 +1.6%
    2001$6,118 +1.2%$337,999 +3%
    2000$6,045 $328,154

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,477,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,477,000