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749 Penfield STREET, Longboat Key, FL, 34228 | $997,000
Motivated Seller - All Offers Considered - Premium Sailboat Canal Residence!
Priced for an expedited closing, with seller financing options available, this one-of-a-kind property won’t last long.
Inspired by Venetian Canal Villas:
Nestled in the highly sought-after Sleepy Lagoon neighborhood, adjacent to Hideaway Bay, this stunning home exudes a seamless blend of modern elegance and Mediterranean-inspired grandeur. Just a short walk to the beach and a quick drive to the luxurious St. Regis Resort, this canal-front estate offers the perfect combination of convenience and exclusivity. All lower level units flooded.
Elegant Architectural Details & Premium Layout:
A welcoming roundabout driveway leads you to an arched entry and a graceful atrium, setting the tone for the luxury within. Inside, expansive spaces, soaring ceilings, and floor-to-ceiling windows flood the home with natural light and frame the serene canal views.
The first floor offers convenient living with a kitchen, living and dining rooms, two bedrooms, two bathrooms, and a spacious laundry room with ample closet space adds practicality to elegance.
Breathtaking Upper Level:
A beautiful oak staircase with a stylish metal railing guides you to the upper level. Here, a bridge adorned with decorative columns and panoramic windows leads to a magnificent living area with cathedral ceilings, oak wood floors with intricate inlays, and a cozy wood-burning fireplace. This space could easily be transformed into a second kitchen, master bedroom or entertaining area, adding versatility to the home’s design. The second floor also boasts front and rear balconies with sweeping views.
The luxurious upper-level primary suite offers a marble bathroom retreat with a jacuzzi tub overlooking the canal, a spacious walk-in closet, and potential for a private bar or home office.
Prime Location and Amenities:
This home is close to all the best of Longboat Key amenities, including pristine beaches, world-class restaurants, a golf course, tennis courts, a library, and essential services. Embrace the beauty and sophistication of this exceptional, one-of-a-kind home—a true gem that simply can’t be missed.
Features
- Rooms: 11
- Bedrooms: 3
- Baths: 3 full
- Lot Size: 80 x 124
- Laundry: Inside, Laundry Room
- Year Built: 1968
- Garage: 2-car Driveway, Ground Level
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,905
- Acreage: 0.23
- Lot Size: 80 x 124
- Est. Taxes: $17,528
- View: Water
- Elem. School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Bayshore High
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: N6131408
- Days on Market: 233 days
- Website: https://www.raveis.com
/eprop/N6131408/749penfieldstreet_longboatkey_fl?source=qrflyer
Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-951-6660
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
749 Penfield STREET, Longboat Key, FL, 34228
$997,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $797,600 | $797,600 | $797,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $1,461 | $1,461 | $1,461 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $5,107 | $5,107 | $7,003 |
| Total Monthly Payment | $6,660 | $6,660 | $8,556 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388