by Global Lifestyle Properties

See Home Value
$5,750,000
● House - Off Market

551 Putter LANE

LONGBOAT KEY, FL 34228
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,300 Ft²
$32,512
Est. Monthly
$17
HOA / Fees
0.67%
Cap Rate

About This Property

Discover a realm of unparalleled luxury as you arrive at this majestic 4BR +Office, Den, and Fitness Room/5.5BA, 5,300+/- sq. ft. property on coveted Putter Lane, a sought-after gem within the prestigious Country Club Shores on Longboat Key. The stately paver drive, adorned by lush, meticulously manicured landscaping, sets the stage for the grandeur that awaits in this 3-story haven. Elevated to capture the breathtaking surroundings, the home beckons you to follow the steps to its stately double-door entry, flanked by double garages, with tiled floors, that accommodate up to 6 cars, creating a car collector's paradise. Upon entrance, the commitment to quality in design and style comes to life, as the architectural details, featuring sleek curves and stately columns, create an opulent ambiance that is further enhanced by walls of glass framing breathtaking views. The highlight of the residence is the soaring 2-story wall of glass that showcases one of the most spectacular views on the Suncoast, where the infinity-edge pool creates a mesmerizing backdrop where manatees and dolphins play. The floor plan is designed for entertaining, with a large circular bar seamlessly connecting the living area to the kitchen, which itself is a culinary delight, boasting stone countertops, rich wood cabinetry, two wine fridges, top-of-the-line stainless-steel appliances, and an adjacent dining area with panoramic views through walls of glass. Two primary suites, one on each floor, offer luxurious retreats with voluminous walk-in closets and spa-like bathrooms featuring dual vanities, spa tubs and separate showers. Guest accommodations are equally lavish, providing ample space and privacy. For boating enthusiasts, this direct bayfront residence is a dream come true, featuring a dock with lift, floating kayak launch, and access to the Gulf of Mexico. The expansive, elevated pool area is a tropical oasis, offering plenty of space for lounging or entertaining, all while enjoying the breathtaking water views. All the world-class boutiques and restaurants of St. Armands Circle are nearby, and the cultural attractions, shopping and dining venues of downtown Sarasota are just a short drive away.
Unit Size
5,300 Ft²
Days on Market
142 days
Land Size
0.26 acres
Price per sqft
$1,170
Property Type
House
Property Taxes
$2,054
HOA Dues
$17
Year Built
2004

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A4598523)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Sold
Jun 1, 2024 In contract -
In contract
Apr 17, 2024 Price Decreased $6,199,500
↓ $550K (8.1%)
Price Decreased
Mar 27, 2024 Price Decreased $6,749,000
↓ $246K (3.5%)
Price Decreased
Feb 21, 2024 Listed by COLDWELL BANKER REALTY $6,995,000
Listed by COLDWELL BANKER REALTY
Show More

Property Highlights

Elevator
Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 11
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,375
  • Parking Space Count: 5
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 11,247
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,434
  • Gross Building Area: 6,434
  • Building Area: 5,059
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,059
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB SHORES UNIT 5 SEC 4
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 6 BLK N COUNTRY CLUB SHORES UNIT 5 SEC 4

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T04 T04D T43
  • Census Tract: 000802

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 24C
  • Account Number: 0009060013
  • Subdivision Tract Number: 1900
  • Parcel: 0009-06-0013
  • Block: N
  • Lot: 6
  • Meridian: SEC 16 TWN 36S RNG 17E
  • Municipality: TOWN OF LONGBOAT KEY
  • Latitude: 27.3518
  • Longitude: -82.6058

    Address

  • Full Address: 551 Putter Ln
  • Legal Unit: 5
  • Address - House Number: 551
  • Address - Street Name: Putter
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C011
  • 4-Digit Zip Code: 3521
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 8,407
  • Tax Year: 2023
  • Tax Amount: $2,464,845
  • Tax Rate Code Area: 2110

    Market Valuation

  • Market Total Value: $4,899,800
  • Market Land Value: $2,485,600
  • Market Improvement Value: $2,414,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,892,615

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2007
  • Current Sale Recording Date: Mar 05, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007035509
  • Previous Sale Recording Date: Jun 05, 2000
  • Previous Sale Contract Date: Jun 01, 2000
  • Previous Sale Amount: $1,000,000
  • Previous 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 Country Club Shores


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3240 Gulf Of Mexico Drive, FL, 34228

$5,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
3240 Gulf Of Mexico Drive #603, FL, 34228 Listing by Diann Thelen
Unit for rent at 3235 Gulf Of Mexico Drive, FL, 34228

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
3235 Gulf Of Mexico Drive #A302, FL, 34228 Listing by Terri Lindsay
Unit for rent at 1050 Longboat Club Road, FL, 34228

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,409 ft²
1050 Longboat Club Road #1006, FL, 34228 Listing by Marni Hayden


Frequently Asked Questions

When was property at 551 Putter Lane built and last sold?
The property at 551 Putter Lane was built in 2004 and last sold on Feb 28, 2007 for $3,995,000.
How much is this home worth?
The estimated value of the home located at 551 Putter Lane is $0.
What are some comparable homes to 551 Putter Lane?
There are currently no comparable homes to 551 Putter Lane.