by Global Lifestyle Properties

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Longboat Key 34228
550 DE NARVAEZ DRIVE
$1,275,000
↓ $20K (1.5%)
● House - For Sale

550 DE NARVAEZ DRIVE

LONGBOAT KEY, FL 34228
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,758 Ft²
$6,774
Est. Monthly

About This Property

One or more photo(s) has been virtually staged. MOTIVATED SELLER! Welcome to 550 De Narvaez Drive, a meticulously maintained WATERFRONT residence set on an ELEVATED 10,000 sq. ft. lot in the highly desirable Sleepy Lagoon neighborhood on the NORTH END of Longboat Key. This solid concrete block home has experienced NO FLOODING & NO STORM DAMAGE, offering exceptional peace of mind. Spanning 1,758 sq. ft., the light-filled interior features 3 SPACIOUS BEDROOMS and 2 beautifully RENOVATED BATHS. Generous room sizes, abundant natural light, and an inviting floor plan create a true sense of warmth throughout the home. The UPDATED KITCHEN and baths showcase contemporary finishes while maintaining comfort and functionality. Enjoy peaceful CANAL VIEWS with direct access to Sarasota Bay-perfect for boating enthusiasts and embracing the ultimate Florida waterfront lifestyle. NEW DOUBLE PANE IMPACT-RESISTANT WINDOWS and sliding glass doors provide enhanced protection and energy efficiency. Additional upgrades include NEWLY LINED PLUMBING PIPES and UPGRADED ATTIC INSULATION for lasting durability and comfort. Offered FULLY FURNISHED, all furnishings convey with the sale-making this a true TURNKEY opportunity. Simply bring your suitcase and start enjoying coastal living immediately. The expansive elevated lot offers ample space for outdoor entertaining, gardening, or FUTURE EXPANSION POTENTIAL. Ideally located near world-renown Gulf beaches with BEACH ACCESS, exclusive dining, boutique shopping, and recreational amenities, this exceptional property is well-suited as a primary residence, seasonal retreat, or investment opportunity. Schedule your private showing today and experience refined, worry-free waterfront living at its finest.
Unit Size
1,758 Ft²
Days on Market
214 days
Land Size
0.23 acres
Price per sqft
$725
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1977

Listed By

Dean Hinterstoisser
KELLER WILLIAMS ON THE WATER

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Last updated: 6 days ago (Stellar MLS #A4683082)

Price History

Date / Event Date Event Price
Sep 20, 2026 Price Decreased $1,275,000
↓ $20K (1.5%)
Price Decreased
Feb 24, 2026 Listed by KELLER WILLIAMS ON THE WATER S $1,295,000
Listed by KELLER WILLIAMS ON THE WATER S
Aug 17, 2025 Price Decreased $1,298,750
↓ $30K (2.3%)
Price Decreased
Apr 20, 2025 Price Decreased $1,329,000
↓ $56K (4%)
Price Decreased
Jan 25, 2025 Listed $1,385,000
Listed
ELEVATED LOT | NO FLOOD DAMAGE | MOVE-IN READY | FULLY FURNISHED | WATERFRONT | Welcome to 550 De Narvaez Drive — a beautifully maintained, light-filled 3BD/2BA home on an ELEVATED 10,000 sqft. lot in North Longboat Key’s desirable Sleepy Lagoon neighborhood. This TURNKEY WATERFRONT gem offers direct canal access to Sarasota Bay, perfect for boaters! Enjoy peace of mind with new impact-resistant windows/doors, renovated kitchen & baths, newly lined pipes, and extra attic insulation. Relax or entertain in your private backyard with endless potential. Just minutes from world renown beaches, exclusive dining, and local shopping. Whether you're looking for a full-time home or a smart investment with plenty opportunity for rental income or updates on the existing property, this one checks all the boxes! Don’t miss your slice of paradise — schedule your private tour today!
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Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Guest, Parking Pad, Ground Level
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
Appliances: Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Porcelain Tile
Door Features: Sliding Doors
Laundry Features: In Kitchen, Laundry Closet
Rooms: 6
Exterior Details
Square Footage: 1758
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1977
Waterfront Features: Canal Access
Waterbody Name: SARASOTA BAY
Building Area Total: 2190
Levels: One
Building Area Units: Square Feet
Window Features: Blinds, Storm Window(s), Shades
Construction Materials: Block, Stucco
Patio and Porch Features: Deck, Porch, Rear Porch, Screened
Lot Features: City Lot, Landscaped, Near Golf Course, FloodZone, In County, Near Marina
Lot Size Area: 10001
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10001
Lot Size Dimensions: 100 x 100
Tax Lot: 35
Water Source: Public
Financial Details
Tax Annual Amount: $6,151
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 322
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,190
  • Gross Building Area: 2,190
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SLEEPY LAGOON PARK
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 35 SLEEPY LAGOON PARK PI#78570.0000/9

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001705

Zoning

  • Zoning: LBK_R-4SF

Geography

  • Assessors Map Reference: 35B
  • Subdivision Tract Number: 07853200
  • Parcel: 78570-0000-9
  • Lot: 35
  • Meridian: SEC 23 TWN 35S RNG 16E
  • Municipality: LONGBOAT KEY
  • Latitude: 27.4288
  • Longitude: -82.6762

    Address

  • Full Address: 550 De Narvaez Dr
  • Address - House Number: 550
  • Address - Street Name: De Narvaez
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C004
  • 4-Digit Zip Code: 1406
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $585,290
  • Tax Rate Code Area: 226

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 1,697,422
  • High Value: 2,019,766
  • Low Value: 1,375,077

    Market Valuation

  • Market Total Value: $1,056,003
  • Market Land Value: $442,000
  • Market Improvement Value: $614,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,565

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 1995
  • Current Sale Recording Date: Oct 25, 1995
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longboat Key


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Frequently Asked Questions

When was property at 550 De Narvaez Drive built and last sold?
The property at 550 De Narvaez Drive was built in 1977 and last sold on Oct 23, 1995 for $187,500.
How much is this home worth?
The estimated value of the home located at 550 De Narvaez Drive is $1,282,796.
What are some comparable homes to 550 De Narvaez Drive?
There are currently no comparable homes to 550 De Narvaez Drive.