by Global Lifestyle Properties

See Home Value
Longboat Key 34228
876 Tarawitt DRIVE
$5,000,000
● House - Off Market

876 Tarawitt DRIVE

LONGBOAT KEY, FL 34228
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,040 Ft²
$30,733
Est. Monthly
0.31%
Cap Rate

About This Property

When superior strength meets breathtaking beauty, you have something very special. Welcome to 876 Tarawitt Drive on Longboat Key. This exclusive Bayfront home with separate cottage is a coastal masterwork built to fortress-like standards, offering unparalleled durability, safety and peace of mind in today's environment. Engineered with all poured concrete, including the re-bar reinforced foundation, the property is also equipped with all Miami-Dade rated hurricane glass, a whole house generator and a corrosion-proof metal roof. These powerful features all contribute to a home that is exceptionally energy efficient, sound-proof and consciously in balance with the natural world. The interior design is nothing short of impeccable, with tongue-in-groove wood ceilings, coastal materials and seaside hues that flow effortlessly from space to space. Brazilian Teak, known for being one of the most durable woods on the planet, is the material of choice for the splendid outdoor decks overlooking miles and miles of glistening Bay waters. Significant investments in custom features, appliances and materials were made in both the main home and the cottage, with absolutely no detail overlooked. In short, this is a legacy home built to weather any storm, and to last for generations to come. Stretching gracefully for about 11 miles on the West Coast of Florida, Longboat Key is a coveted destination for those seeking serenity while still being close to amazing retail, culinary and healthcare amenities. It is the perfect setting for this once-in-a-lifetime property, built with purpose and power, and just waiting for you to discover.
Unit Size
3,040 Ft²
Days on Market
345 days
Land Size
0.54 acres
Price per sqft
$1,924
Property Type
House
Property Taxes
$2,008
HOA Dues
-
Year Built
2015

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Last updated: 3 years ago (Stellar MLS #A4564430)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Sold
Jan 21, 2024 No longer available -
No longer available
Dec 15, 2023 Price Decreased $5,850,000
↓ $75K (1.3%)
Price Decreased
Nov 8, 2023 Price Decreased $5,925,000
↓ $47K (0.8%)
Price Decreased
Mar 18, 2023 Listed by MICHAEL SAUNDERS & COMPANY $5,972,000
Listed by MICHAEL SAUNDERS & COMPANY
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Property Highlights

Garage
Elevator
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 61

    Dimensions

  • Lot Size Square Feet: 21,600
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 900
  • Total Building Area: 5,988
  • Gross Building Area: 5,988
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGBOAT KEY
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: ELY 240 FT M/L OF TRACT 7 APPEARS TO BE LOT 16 INCL RIP RTS PART SUBM, LESS RD R/W, A SUB ON LONGBOAT KEY, FURTHER DESC AS: BEG AT NE COR OF SEC 26; TH S 50 DEG 00 MIN W, 970 FT TO

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: 35F
  • Subdivision Tract Number: 7
  • Parcel: 79580-0000-7
  • Lot: 16
  • Meridian: SEC 25 TWN 35S RNG 16E
  • Municipality: LONGBOAT KEY
  • Latitude: 27.4188
  • Longitude: -82.6548

    Address

  • Full Address: 876 Tarawitt Dr
  • Address - House Number: 876
  • Address - Street Name: Tarawitt
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C007
  • 4-Digit Zip Code: 1831
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 817
  • Tax Year: 2022
  • Tax Amount: $2,409,026
  • Tax Rate Code Area: 226

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 3,290,097
  • High Value: 3,862,053
  • Low Value: 2,718,141

    Market Valuation

  • Market Total Value: $3,102,481
  • Market Land Value: $1,020,000
  • Market Improvement Value: $2,082,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,634,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24982
  • Previous Sale Recording Date: Feb 25, 2013
  • Previous Sale Contract Date: Feb 20, 2013
  • Previous Sale Amount: $1,400,000
  • 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 Longboat Key


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 573 Spanish Drive N, FL, 34228

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,380 ft²
573 Spanish Drive N, FL, 34228 Listing by Norma Mladineo


Frequently Asked Questions

When was property at 876 Tarawitt Drive built and last sold?
The property at 876 Tarawitt Drive was built in 2015 and last sold on Feb 21, 2024 for $5,000,000.
How much is this home worth?
The estimated value of the home located at 876 Tarawitt Drive is $0.
What are some comparable homes to 876 Tarawitt Drive?
There are currently no comparable homes to 876 Tarawitt Drive.