When was property at 611 Hibiscus Way built and last sold?

The property at 611 Hibiscus Way was built in 1953 and last sold on Feb 24, 2021 for $790,000.

How much is this home worth?

The estimated value of the home located at 611 Hibiscus Way is $852,648.

What are some comparable homes to 611 Hibiscus Way?

There are currently no comparable homes to 611 Hibiscus Way.

Longboat Key

34228

611 HIBISCUS WAY

$730,000

● House - Off Market

611 HIBISCUS WAY

LONGBOAT KEY, FL 34228

3 Beds

2 Baths

1,723 Ft²

$4,865

Est. Monthly

3.71%

Cap Rate

About This Property

Here is an amazing opportunity to either renovate or tear down and rebuild on a gorgeous oversized 10,800 sf lot with a beautiful pool already in place. Located in the sought after "Village" of Longboat Key, it is surrounded by multi-million dollar homes and is ready to be reimagined! The interior of the home was remediated after the recent storm with removal of drywall and has been left in that condition awaiting its next visionary owner. The gorgeous pool sits in a large and private fenced in backyard and it features a metal roofed shed in addition to the home that could be used for storage or a studio. The lively Village is known for its friendly, laid back island lifestyle and this would be an amazing opportunity to jump in and make it your own. Longboat Keys beaches stretch for miles with sunsets that are not to be missed. Let this exceptional location be your new place to call home.

Unit Size

1,723 Ft²

Days on Market

239 days

Land Size

0.25 acres

Price per sqft

$479

Property Type

House

Property Taxes

$814

HOA Dues

Year Built

1953

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4631189)

Price History

Date / Event	Date	Event
Jul 30, 2025	Sold	Premium
Sold
Jul 12, 2025	In contract	-
In contract
May 2, 2025	Price Decreased	$825,000 ↓ $74K (8.2%)
Price Decreased
Feb 5, 2025	Price Decreased	$899,000 ↓ $51K (5.4%)
Price Decreased
Dec 3, 2024	Listed by MICHAEL SAUNDERS & COMPANY	$950,000
Listed by MICHAEL SAUNDERS & COMPANY
Feb 24, 2021	Sold	Premium
Sold
Feb 6, 2020	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1996
Building Count: 1
Total Rooms: 4
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: 5
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 7
Parking Space Count: 1
Patio Type: 5
Porch Type: 0
Pool Type: 8
Location Influence Type: 113

Dimensions

Lot Size Square Feet: 10,800

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 900
Total Building Area: 1,723
Gross Building Area: 1,723
Building Area: 1,723
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,723
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LONGBEACH ON LONGBOAT KEY
Land Acres: 0000000248
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: LOTS 13 & 14, BLK 11, LONGBEACH SUB, LESS THE ELY 10 FT OF LOT 14, FURTHER DESC IN OR 930 P 894 PI#77866.0000/2

Neighborhood

School District Name: Manatee County School District

School Tax School District: MCPA&MCPS
Census Tract: 001705

Zoning

Zoning: LBK_R-6SF

Geography

Assessors Map Reference: 36I

Subdivision Tract Number: 07776900
Parcel: 77866-0000-2
Block: 11
Lot: 14
Meridian: SEC 15 TWN 35S RNG 16E
Municipality: LONGBOAT KEY
Latitude: 27.435
Longitude: -82.6819

Address

Full Address: 611 Hibiscus Way

Address - House Number: 611
Address - Street Name: Hibiscus
Address - Suffix Type: Way
State: FL
City Name: Longboat Key
Carrier Code: C004
4-Digit Zip Code: 1207
Zip Code: 34228

Valuation

Tax

Total Area: 1,723

Tax Year: 2022
Tax Amount: $951,356
Tax Rate Code Area: 226

Appraisal Valuation

Standard Deviation: 0.203

Valuation Date: Jan 03, 2024
Confidence Score: 72
Final Value: 1,239,377
High Value: 1,491,092
Low Value: 987,662

Market Valuation

Market Total Value: $980,826

Market Land Value: $442,680
Market Improvement Value: $538,146

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $623,813

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 24, 2021

Current Sale Recording Date: Feb 24, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 202141023432
Previous Sale Recording Date: Feb 06, 2020
Previous Sale Contract Date: Jan 30, 2020
Previous Sale Amount: $565,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Longboat Key

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$633

Below Asking

0.04%

Average Days on Market

117

Average Home Size

2190 ft²

Average Home Age

41.8 years

Currently For Sale

225 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,500 /mo

2 Beds
2 Baths
1,380 ft²

573 Spanish Drive N, FL, 34228 Listing by Norma Mladineo

Unit for rent at 747 Saint Judes Drive S, FL, 34228

$3,200 /mo

1 Bed
1 Bath
667 ft²

747 Saint Judes Drive S #2, FL, 34228 Listing by Gregory Koss

Unit for rent at 420 Firehouse Court, FL, 34228

$3,600 /mo

2 Beds
2 Baths
1,015 ft²

420 Firehouse Court #10, FL, 34228 Listing by Gregory Koss

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: JoDene Moneuse, PA
MICHAEL SAUNDERS & COMPANY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4631189

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

611 HIBISCUS WAY

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Longboat Key

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions