One in from the bay canal lot now available in South Longboat Key. This multi dwelling home has sustained first floor damage from recent storms. Offering fantastic views of canal and Sarasota Bay, you will love the fantastic vibe of this property. There is a deeded day dock with 5 other neighbors on Channel Lane where the insurance and maintenance is shared amongst the group. Best location on the island as you can bike/walk to Longboat Key Club, sandy beaches, restaurants, St Armand's Circle and more. Super close to downtown Sarasota and Sarasota International Airport. Renovate existing structure or design and build your dream home here. Property seawall was sold to Bay Harbour Condo Association and thus the maintenance is responsibility of the condo association. This property currently does not allow for a dock as the seawall is currently owned by Bay Harbour. Currently, the condo association does not allow a private dock for this parcel. This listing is cross referenced with A4630233.
This property is $176.6K less than the Median Sold Price in Longboat Key, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4630246
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 383-6411
Listing Agent: Nicholle McKiernan
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.
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: 12/18/2024, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,907
$386,039
2019
$5,969
$393,558
2018
$5,723
$374,663
2017
$4,857
$372,580
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,308
Per Month
Principal & Interest
$5,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,214
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Bay Haven School of Basics Plus
2901 W Tamiami Cir
Distance between this listing and this school2.87 miles
Public Magnet Grades KG-5
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school4.21 miles
Public District Grades PK-5
4
/10
Emma E. Booker Elementary School
2350 Dr Martin Luther King Way
Distance between this listing and this school4.34 miles
Public District Grades PK-5
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school2.93 miles
Public Charter Grades 6-8
3
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school4.54 miles
Public Magnet Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school4.80 miles
Public Charter Grades PK-8
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school3.19 miles
Public Charter Grades 6-12
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school3.60 miles
Public Magnet Grades 9-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school4.10 miles
The neighbors living near this home have an average income of $146,828. Most Longboat Key, FL residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 569 Channel Ln
What is the listing price of this property?
The listing price of 569 Channel Ln property is $1,050,000.
What type of property is this?
The property 569 Channel Ln is land located in Longboat Key, Florida, 34228.
Is this property for sale now?
Active Listing: 569 Channel Ln 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 $5,907 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 569 Channel Ln in Longboat Key, FL and zip code 34228. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,050,000.
Over 0 listings were sold over their listed price in November 2024 in Longboat Key, FL. In the same period over 15 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Longboat Key, FL increased by 19.7% between October 2024 and November 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $1,226,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.