597 Cutter LANE, Longboat Key, FL, 34228 | $2,795,000

Located in the sought-after Country Club Shores community on the south end of Longboat Key, this 3BR, 2BA waterfront home offers stunning bay views, contemporary design, and exceptional boating capabilities. Positioned just one lot in from the end of the peninsula, the property boasts 103' of direct waterfront, making it ideal for water enthusiasts. Country Club Shores is renowned for its picturesque canals, waterfront homes, and deeded beach access, making it a premier destination for those who love boating, beachcombing, and a vibrant coastal lifestyle. Its proximity to St. Armands Circle, downtown Sarasota, and world-class Gulf beaches provides convenient access to fine dining, boutique shopping, cultural attractions, and outdoor recreation. A circular paver drive with mature landscaping leads to the entry, where leaded glass double doors open to a spacious living area. The great room features built-ins, vaulted ceilings with recessed lighting, and travertine flooring throughout. A wall of glass fills the space with natural light and frames serene water views, perfect for relaxing or entertaining. The kitchen is well-appointed with granite countertops, stainless-steel appliances, wood cabinetry, and a breakfast bar. The primary suite offers sliders to the pool area, a large walk-in closet, and a remodeled bath with a floating vanity, walk-in shower, and freestanding tub. Guest bedrooms are stylish and comfortable. The outdoor space is a true waterfront retreat, with a saltwater pool, direct water frontage, and two boat lifts (24, 000 lb. and 10, 000 lb. ). With easy Gulf access via New Pass, the property can accommodate a boat up to 70', making it an unparalleled choice for boating enthusiasts. This home offers the best of south Longboat Key living in a community where residents enjoy a relaxed island lifestyle surrounded by exceptional amenities. Whether you’re looking to enjoy the existing home or build your dream waterfront residence, this property offers an extraordinary opportunity in an ideal location.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1963
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 1,963
  • Acreage: 0.28
  • Est. Taxes: $22,406
  • HOA Fee: $100 Annually
  • Lot Desc: Landscaped
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Pine View School
  • Pool: Heated, In Ground, Salt Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4628867
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4628867/597cutterlane_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/11/2024 8:47:07 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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597 Cutter LANE, Longboat Key, FL, 34228

$2,795,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,236,000 $2,236,000 $2,236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $1,867 $1,867 $1,867
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,317 $13,950 $19,325
Total Monthly Payment $16,309 $15,942 $21,317

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.