2 months on rocket

501 Harbor Point Rd, Longboat Key, FL, 34228

$10,500,000

5 Bedrooms
5 Full Baths, 1 Partial
6,125 SqFt
$1,714/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest
Attached Garage3 spaces
Year Built1989
HeatingCentral, Zoned
CoolingCentral Air, Zoned
WaterfrontCanal
FireplaceFamily Room
ViewWater
Private PoolYes
MLS #A4625287
Lot Size0.56 Acres
StatusActive

About 501 Harbor Point Rd

Rare opportunity to acquire completely remodeled waterfront residence (Finished in 2023) on Sarasota’s most prestigious barrier island of Longboat Key, in the coveted Harbors enclave of Bay Isles. Orchestrating exceptional style, comfort, and barefoot elegance, this five-bedroom home stirs the senses. Completely redesigned by renowned architect Clifford Scholz, construction was completed in October 2023 after two years. This home is filled with top of the line finishes that merge with a thoughtful floorplan and an endless list of custom touches. Set on a dreamy corner lot with basin frontage that leads straight into Sarasota Bay, the outdoor experience was perfected by award-winning landscape architect Michael A. Gilkey. Upon entering the foyer, your eyes are immediately drawn to the oil rubbed, hand scrapped wood floors and extensive woodwork throughout the entire home. The formal living room, anchored by a custom wormy butternut bar, coffered ceilings with hidden air vents and speakers and a wealth of french doors, which leads directly to the outdoor living room, protected by retractable screens and shutters. Enter the chef’s kitchen complete with Viking and Subzero appliances, Italian soapstone countertops, custom Campbell cabinetry, Miele built-in coffee station and ice maker in the beverage center, and two concealed Cove dishwashers. Rounding out the kitchen is the butler’s pantry with additional refrigerator, laundry, and custom cabinetry for storage of all your entertaining essentials. Enjoy morning coffee in the connected family room with gas fireplace and built-in bookshelves and cabinets. Conveniently located steps away is the large outdoor kitchen with grill, power burner, smoker, and custom dining table for twelve. Large media room contains custom leather theater seating and wet bar. Under the staircase is the climate controlled 506-bottle wine cellar with old-world marble floor. The breathtaking dining room includes custom built furniture imported from Italy, Juliet balcony, and wet bar. Two bedrooms finish out the first floor, one complete with custom built-in office. The pool bath has floating wood counters made from antique wooden boat slabs imported from France, mother of pearl shower wall tiles, and Waterstone fixtures. The primary suite is serene and spacious and opens to its own private terrace. Winding down every day becomes a cherished ritual in the primary bath which boasts large copper tub and Waterstone fixtures throughout, imported crema tile in zero clearance wet room that contains rain head, two handhelds, marble bench, and electronic privacy glass. The large ensuite closet is fully custom with mahogany wood slab island. A second-level primary bedroom offers an ensuite bath and its own private terrace. There is an efficiency bedroom, complete with ensuite bath with tub, and kitchenette with full-size fridge. The back yard pampers with a resort-like experience with pool with sun shelf, spa, custom firepit, outdoor shower and dog wash, and pet turf. The HOA maintains the seawall. The boat lift, jetski lift, and corresponding pilings are new, along with new Azek PVC decking material. Other notable items: 36,000 KW Kohler generator which powers the entire residence, Lutron smart home system, laundry room on each level of the home, three-car garage, and hidden retractable electronic Lutron shades throughout.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 6,125 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Rich Polese

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Marble, Wood
  • Interior: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Smart Home, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: Balcony, Dog Run, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest

Lot Features

Lot Information:

  • Lot: Corner Lot, Private
  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Take Gulf of Mexico Drive to the south gate of Bay Isles. After going through guard gate, make right on Harbor Sound Drive, then drive to Harbor Point Rd. Home is on the left corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,500,000
  • Price Per SqFt: $1,714/SqFt

HOA Fees:

  • Amount: $2200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $30,229
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$720

Avg. Days On Market

79

# of Sold Homes

20

501 Harbor Point Rd vs Longboat Key

79 DAYS ON ROCKET

-0 Day

$10,500,000

+$9.2M More

$1,714/SqFt

+$994 More

KEY TAKEAWAY

This property is $9.2M more than the Median Sold Price and $994/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4625287

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Rich Polese

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2020Home Sold
$2,700,000

Tax History

YEARPROP. TAXASSESSMENT
2020$30,229$2,129,600
2019$30,721$2,178,900
2018$34,001$2,404,900
2017$35,752$2,492,800

History based on county public records data.

Payment Calculator

$52.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$31.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-836616
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.60 miles

  • Public Magnet Grades KG-5

school-card-donut-836617
4
/10
  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 5.29 miles

  • Public District Grades PK-5

school-card-donut-836618
6
/10
  • Florine J. Abel Elementary School

  • 7100 Madonna Pl

  • 5.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $157,229. Typical income of Longboat Key, FL residents is $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Harbor Point Rd

What is the listing price of this property?

The listing price of 501 Harbor Point Rd property is $10,500,000.

What type of property is this?

The property 501 Harbor Point Rd is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 501 Harbor Point Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,229 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 28, 2020 for $2,700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Harbor Point Rd has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 Harbor Point Rd is 6,125 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Harbor Point Rd is 1989.
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Rocket HomesFloridaManatee CountyLongboat Key34228501 Harbor Point Rd

This home is located at 501 Harbor Point Rd in Longboat Key, FL and zip code 34228. This 6,125 square foot home, which was built in 1989, sits on a 0.56 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $10,500,000.

In November 2024 more than 0 listings in Longboat Key, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 15 were sold below. Between October 2024 and November 2024, Longboat Key, FL real estate market has seen increase in the number of listings by 19.7%. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $1,226,666.

From Rocket Homes Real Estate and based on county public records data.

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