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Off market
  • $2,043,900

    740 Penfield St, Longboat Key, FL 34228

    5beds
    3,450sqft
    SingleFamily
    Built in 1983
    0.26 Acres Lot
    $2,043,900 Zestimate®
    $592/sqft
    $13,967 Estimated rent

    Home value

    $2,043,900

    $1.76M - $2.39M

    $13,967/mo

    Zestimate® history
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    $13,357/mo

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    $13,357/mo

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    What's special

    A “down to the studs” complete transformation in 2019, this large family-style estate home has 120 feet of direct canal waterfront, just one home in from Little Sarasota Bay; less than 5 minutes by boat to the open waters of the Gulf of Mexico. Amazing views of the Sister Keys and Intercoastal waterway. The main living floor features three bedrooms all with en suites, an eat-in kitchen for 10, wet bar, soaring vaulted ceilings, a glass-enclosed wine/champagne tower, a huge great room with a linear gas fireplace, and access to a covered lanai running the entire length of the building with multiple seating areas and a cantilevered outdoor bar. The air conditioned lower level has a ton of additional space, with a walk-out to one of the largest residential pools on LBK, complete with integrated spa and outdoor shower. After a day on the water, pull your boat up to the brand new dock and 14,000lb lift, complete with 2 freshwater hookups, shore power connections, and a fish cleaning station. There is an oversized two-car garage which features a work-room and plenty of storage for recreational water vehicles and bikes. And there is plenty of guest parking right on the property. This architectural masterpiece is a few minutes’ walk to the warm Gulf beaches, and a few minutes’ drive to Anna Maria and Holmes Beach to the North, or St. Armands, Siesta Key, and downtown Sarasota to the South.

    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: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,450 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 7851700554

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Metal
    Condition
    • Year built: 1983

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Longboat Key

    Price history

    DateEventPrice
    6/12/2017Sold$605,000+4.3%$175/sqft
    Source: Public Record Report a problem
    3/20/2017Pending sale$580,000$168/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4180979 Report a problem
    3/17/2017Listed for sale$580,000+41.5%$168/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4180979 Report a problem
    10/19/1999Sold$410,000$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,750 -0.3%$1,252,599 +10%
    2024$21,816 +7.4%$1,138,726 +10%
    2023$20,314 +24.1%$1,035,205 +10%
    2022$16,365 +15.1%$941,095 +10%
    2021$14,213 +5%$855,541 +6.1%
    2020$13,536 +4.8%$806,248 +5.6%
    2019$12,912 $763,550 +3.9%
    2018$12,912 +2.5%$734,620 +31.4%
    2017$12,596 +50%$558,941 +2.1%
    2016$8,398 $547,445 +0.7%
    2015$8,398 $543,640 +0.8%
    2014$8,398 +2.1%$539,325 +1.5%
    2013$8,221 +822038%$531,355 +1.7%
    2012$1 $522,473 -2.4%
    2011$1 $535,358 +1.5%
    2010-- $527,446 +2.7%
    2009$7,817 -3.8%$513,579 +0.1%
    2008$8,129 +5%$513,066 +3%
    2007$7,743 -3.9%$498,122 +2.5%
    2006$8,060 -0.5%$485,973 +3%
    2005$8,099 +1.2%$471,818 +3%
    2004$8,005 -1.4%$458,076 +1.9%
    2003$8,121 +0.8%$449,535 +2.4%
    2002$8,060 +18%$438,999 +17.2%
    2001$6,832 +1.2%$374,519 +3%
    2000$6,752 $363,611

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,043,900
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    Estimated market value
    $2,043,900