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540 Harbor Gate Way

Longboat Key, FL 34228

5 beds
7 baths
5,048 sqft
~1/2 acre lot
$713 per sqft
1991 build
– on site

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Don’t miss this opportunity to live on a quiet cul-de-sac street located in the 24 hour security gated Harbor Section of Bay Isles, the premier neighborhood of Longboat Key. This property boasts 199’ of waterfront on an oversized lot and deep-water canal with no bridges to Sarasota Bay. The seawall and dock can accommodate very large boats, up to 80’ and possibly even larger, while the spectacular views will appeal to everyone. This sprawling landscaped property with a stately paver drive is well-positioned on an exclusive cul-de-sac. The existing home was under renovation when the owner decided to sell at lot value rather than move forward with their project. Currently, the grand, elevated façade of the 5000+ sq ft home makes a stunning first impression with double-doors revealing a spacious open design and soaring ceilings. An efficient floorplan and ample natural light add to the initial appeal. While bringing your own vision and artistic touches remains an option, a completely new build will maximize the potential of this spectacular location. An added benefit is the association is responsible for the seawall for the entire community. Residents enjoy all the benefits of Bay Isles just across the street, with miles of walking paths and membership to the private Bay Isles Beach Club. Savor the laidback luxury and island lifestyle that Longboat Key is known for with nearby restaurants – some with waterside dining, St. Armands Circle, and the cultural epicenter of downtown Sarasota. This rare offering truly represents the best of Longboat Key.

Listing courtesy of STELLAR_MLS / MICHAEL SAUNDERS & COMPANY

Last checked: Checking… • Last updated Feb 27, 2024 •

MLS# A4548328 —

The Building

Year Built:

1991
New Construction:

false
Construction Materials:

Block
Architectural Style:

Custom
Building Area Total:

6312
Levels:

Two
Stories Total:

2
Roof:

Tile
Foundation Details:

Slab
Patio And Porch Features:

Patio

Interior

Furnished:

Unfurnished
Interior Features:

Other
Additional Rooms:

Bonus Room
Flooring:

Other
Fireplace:

true

Room Dimensions

Living Area:

5048
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

On Longboat Key. Go North on Gulf of Mexico Drive. Go to the south Bay Isles gate. Turn right on Harbourside Drive, turn right on Harbor Sound Drive, turn left on Harbor Gate Way. Home will be at the end of the cul-da-sac on your left.
Latitude:

27.355461
Longitude:

-82.610763
Coordinates:

-82.610763, 27.355461

The Property

Parcel Number:

0008150005
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Size Acres:

0.44
Lot Size SqFt:

19112
Lot Size Area:

19112
Lot Size Units:

Square Feet
Zoning:

PD
Direction Faces:

Southwest
Exterior Features:

Balcony
Water Source:

Public
Total Acres:

1/4 to less than 1/2
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12115C0126F
Homestead:

true
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

5
Tax Book Number:

23-35
Tax Annual Amount:

23171.6
Tax Legal Description:

LOT 5 BAY ISLES UNIT 1

Beds

Bedrooms Total:

5

Baths

Total Baths:

6.5
Total Baths:

7
Full Baths:

6
Half Baths:

1

The Listing

Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Other

Schools

Elementary School:

Southside Elementary
Middle Or Junior School:

Booker Middle
High School:

Riverview High

The Community

Subdivision Name:

BAY ISLES
Senior Community:

false
Community Features:

Buyer Approval Required
Water View:

Canal
Water View:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Seawall - Other
Water Body Name:

Sarasota Bay
Waterfront:

true
Waterfront Features:

Canal - Saltwater
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Yes
Pet Restrictions:

Buyer to verify withi HOA
Association:

true
Association Fee:

2700
Association Fee Frequency:

Annually
Association Fee Requirement:

Required
Association Fee 2:

2563
Association Fee 2 Frequency:

Annually
Monthly HOA Amount:

225
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

199

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Carport:

false
Covered Spaces:

3
Open Parking:

true
Parking Features:

Driveway

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$162/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source
4/7/23 Apr 7, 2023	Pending	STELLAR_MLS
3/13/23 Mar 13, 2023	Relisted	STELLAR_MLS
2/27/23 Feb 27, 2023	Pending	STELLAR_MLS

House Sold on 4/14/2023

$3,600,000

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Listing Courtesy of: STELLAR_MLS and MICHAEL SAUNDERS & COMPANY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

540 Harbor Gate Way

Longboat Key, FL 34228