690 Russell STREET, Longboat Key, FL, 34228 | $3,199,000

Here is your opportunity to own one of the nicest (and newest) homes in the highly sought after "Village" of Longboat Key. A tranquil escape all done up in seaside hues, new in 2022, and then upgraded even further by the current owners. This ELEVATED home is a paradise unto itself! An entertainers dream, it features a fabulous chef's kitchen with a natural gas range, double ovens, high end appliances and a large island that is open to the designer furnished dining area and great room. All of the fabulous furnishings and art convey - it is being offered TURNKEY furnished. Light fills the entire home through impact rated windows and sliding glass doors. Open the sliders to an outdoor covered patio and enjoy the incredible view of the one of a kind backyard oasis. Steps lead down to the gorgeous pool and spa with a fire feature surrounding the spa. Adding to the remarkable backyard is a large covered outdoor kitchen and bar, a covered dining space and seating area with a big screen TV. There is even a putting green!! Just a short distance away is the gorgeous Broadway beach that stretches all the way around to Greer island. The “Village” has its own community dock and boat ramp so enjoying your days on the water are easy. When you return, there are a number of restaurants ranging from fine dining to casual eateries right here in your neighborhood. Luxury island living doesn’t get much better. Come see this amazing home today and envision living the laid-back luxury island lifestyle that Longboat Key is known for.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Elevated, Key West
  • Year Built: 2022
  • Garage: 3-car Driveway, Garage Door Opener, Ground Level, Oversized, Under Building
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,577
  • Acreage: 0.22
  • Est. Taxes: $37,574
  • Lot Desc: City Lot, In County, Near Golf Course, Near Marina, Near Public Transit
  • View: Garden, Pool
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pool: Heated, In Ground, Lighting, Tile
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4635619
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4635619/690russellstreet_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 1/14/2025 11:52:56 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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690 Russell STREET, Longboat Key, FL, 34228

$3,199,000

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 $2,559,200 $2,559,200 $2,559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.239% 6.849% 7.037%
Monthly Tax Payment $3,131 $3,131 $3,131
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,242 $16,599 $22,824
Total Monthly Payment $20,498 $19,855 $26,080

* 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.