524 Gunwale LANE, Longboat Key, FL, 34228 | $2,150,000

Under contract-accepting backup offers. Southern exposure! This remodeled soft contemporary 3-bedroom home embodies refined taste and gracious living, offering a perfect blend of Florida elegance and functionality. The impeccable open design showcases captivating views from nearly every room, complemented by effortless living with travertine flooring and a fabulous entry foyer. The kitchen, a chef's delight, features granite countertops and abundant storage and seamlessly flows into the living and dining areas.

The spacious master bedroom offers serene views and an ensuite bath with a large walk-in closet. Outdoors, the pool, expansive paved lanai, and private dock with boat and kayak lifts surround lush landscaping, creating an oasis of elegant yet relaxed living.

Located in the heart of Longboat Key, this home grants access to sophisticated amenities, including the option of social memberships at the Longboat Key Club, as well as Sarasota’s vibrant cultural scene, featuring art galleries, antique shops, fine dining, and upscale boutiques.
Sarasota, on Florida’s west coast, with its white, sugar-sand beaches, offers an unequaled lifestyle. Enjoy all the amenities of elegant living, plus the social and enriching events that make Sarasota the cultural capital of Florida. Experience the excitement of the Sarasota Opera, the Sarasota Ballet, the West Coast Symphony, the Ringling Museum of Art, and a multitude of independent theater companies. Sarasota bustles with many art galleries and antique shops. From New York bagels to elegant bistros and world-class restaurants, its marinas, and golf courses, Sarasota offers something for everyone.

The property has remained unaffected by the 2024 hurricanes or water intrusion, providing peace of mind in your coastal sanctuary. With an updated, open split floor plan designed for privacy and convenience, this residence is ready for your personal touch. You will love the sunny bike ride or refreshing walk that takes you to the exclusive beach access that leads to the white sand shores of the Gulf of Mexico.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1966
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,135
  • Acreage: 0.28
  • Est. Taxes: $15,467
  • HOA Fee: $200 Annually
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Gunite, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4633253
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /eprop/A4633253/524gunwalelane_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 1/24/2025 8:17:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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524 Gunwale LANE, Longboat Key, FL, 34228

$2,150,000

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 $1,720,000 $1,720,000 $1,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.148% 6.760% 6.806%
Monthly Tax Payment $1,289 $1,289 $1,289
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,299 $11,013 $15,101
Total Monthly Payment $12,713 $12,427 $16,515

* 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.