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George & M Amelia (Amy) Allen
REALTOR®, Lic. Real Estate Associate Brokers
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540 Harbor Gate Way , Longboat Key, FL 34228$4,500,000

Beds: 5 Baths: 6 full 1 partial Sq. Feet: 5,048 Subdivision: BAY ISLES Days on Site: 12 MLS#: A4548328 View Map

Comments for 540 Harbor Gate Way , Longboat Key, FL 34228

Dont miss this opportunity to live on a quiet cul-de-sac street located in the 24 hour security gated Harbor Section of Bay Isles, the premier neighborhood of Longboat Key. This property boasts 199 of waterfront on an oversized lot and deep-water canal with no bridges to Sarasota Bay. The seawall and dock can accommodate very large boats, up to 80 and possibly even larger, while the spectacular views will appeal to everyone. This sprawling landscaped property with a stately paver drive is well-positioned on an exclusive cul-de-sac. The existing home was under renovation when the owner decided to sell at lot value rather than move forward with their project. Currently, the grand, elevated façade of the 5000+ sq ft home makes a stunning first impression with double-doors revealing a spacious open design and soaring ceilings. An efficient floorplan and ample natural light add to the initial appeal. While bringing your own vision and artistic touches remains an option, a completely new build will maximize the potential of this spectacular location. An added benefit is the association is responsible for the seawall for the entire community. Residents enjoy all the benefits of Bay Isles just across the street, with miles of walking paths and membership to the private Bay Isles Beach Club. Savor the laidback luxury and island lifestyle that Longboat Key is known for with nearby restaurants “ some with waterside dining, St. Armands Circle, and the cultural epicenter of downtown Sarasota. This rare offering truly represents the best of Longboat Key.

Property Type: Residential - Single Family Parking: Driveway
Additonal Rooms: Bonus Room Parking Notes: Driveway
Appliances: Other Pets Allowed: Yes
Community Features: Buyer Approval Required, Deed Restrictions, Gated Pool: In Ground
Cooling: Central Air Property Sub-Type: Single Family Residence
Days on Site: 12 Roof Type: Tile
Exterior: Block, Stucco Special Sale Provisions: None
Exterior Features: Balcony, French Doors, Irrigation System Special View Info: Water
Garage: 3 Stories: 2.0
Heating: Central, Electric Swimming Pool: Yes
HOA Fee: 2700/ Annually Taxes: $23,171
HOA Y/N: Yes Utilities: Cable Available, Electricity Available, Water Available
Home Style: Custom Water Access: Yes
Interior Features: Other Water Features: Canal - Saltwater, Dock - Slip Deeded On-Site, Seawall - Other
Lot Dimensions: 0.44 Year Built: 1991
Lot Size: 0.44 Acres  
Living Room: 19x21 Kitchen: 21x22
Great Room: 34x42 Master Bedroom: 17x36

Listed By


Shown By

Agent Name: George & M Amelia (Amy) Allen
Agent Phone: (716) 909-6061
Agency Title: MJ Peterson Real Estate

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Sarasota County Residential Market Trend Graphs

  • Zip Code 34228
  • Longboat Key
  • Sarasota County

Sarasota County Demographic Information for 540 Harbor Gate Way , Longboat Key, FL 34228

Fips Code12115
2020 to 2021 Changeup 3.0%
2010 Count379,448
2020 Count434,006
2021 Estimate447,057
2010 Estimate379,433
Age Distribution (Years Old)
0 to 43.4%
5 to 1714.0%
18 to 6445.3%
65 and Older37.3%
Place of Birth
High School Graduate, Age 25+93.2%
Bachelor's Degree or Higher, Age 25+36.4%
Computer and Internet use
Households with a computer93.0%
Households with a broadband Internet subscription87.0%
English is Second Language, Age 5+13.0%
English is First Language, Age 5+87.0%
Per Capita Income$44,402
Median Household Income$64,644
People in Poverty8.7%
Average Work Commute Time25 minutes
Total Housing Units244,910
Average Household Size2.23
Owner-Occupied Median Value$269,300
Median selected monthly owner costs -with a mortgage$1,507
Median selected monthly owner costs -without a mortgage$586
Median gross rent$1,342
Building Permits
New Private Housing Issued 20207,805
Years at Residence
1 Year or More84.4%
Less Than 1 Year15.6%
Business and Employment
Private non-farm Establishments14,480
Private non-farm Employment149,279
Private non-farm Employment Growthdown 0.1%
Nonemployer Establishments45,398
Number of Firms43,592
Business Production
Value of Shipments$1,200,117,000
Wholesale Trade$1,868,080,000
Retail Trade$5,751,661,000
Retail Sales Per Capita$14,895
Accommodation and Food Services$896,229,000
Land Area555.87 sq. miles
Population Per Square Mile683
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Mortgage Payment Calculation for 540 Harbor Gate Way , Longboat Key, FL 34228

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $22,131.37 / per month

(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 10/03/2022. The listing information on this page last changed on 10/03/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of New York State Alliance MLS (last updated Mon 10/03/2022 10:36:28 PM EST) or Elmira Corning MLS (last updated Mon 10/03/2022 9:57:31 PM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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