540 Harbor Gate Way

Longboat Key, FL 34228

$3,600,000
Last Sold Price
5
Beds
5,048 Sq. Ft.
$713 / Sq. Ft.
5,048
Sq. Ft.
$713
per Sq. Ft.
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Sold 4/14/23
Sold 4/14/23

Description

Don’t 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...Don’t 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.
  1. Listed by Stacy Hanan • Brokerage DRE #2029530 • MICHAEL SAUNDERS & COMPANY
    P: (941)-266-0529 StacyHanan@MichaelSaunders.com

Property Details for 540 Harbor Gate Way

Architectural Style
Custom
Subdivision Name
BAY ISLES
Township
36S
Garage Spaces
3
Waterfront
Yes
Water View
Canal
Furnished
Unfurnished
LISTING UPDATED: 02/26/2024 11:07 PM

Property Details for 540 Harbor Gate Way

StatusSold
MLS #A4548328
Days on Market182
Taxes$23,172 / year
HOA Fees$5,263 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1991
Lot Size0.44 AC / 19,112 SF
CountySarasota County
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Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Stacy Hanan

Sold By PREMIER SOTHEBYS INTL REALTY, Roberta Tengerdy, PA

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Building Information for 540 Harbor Gate Way

Stories2Year Built1991Building Size-Lot Size0.44 AC / 19,112 SF

Payment Calculator

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$20,497 per month

30 year fixed, 6.46% Interest

Principal and Interest

$18,128

Property Taxes

$1,931

HOA Dues

$439

The Payment Calculator is for illustrative purposes only.

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Property Information for 540 Harbor Gate Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 6312.0
  • Building Area Units: Square Feet
  • Community Features: Buyer Approval Required, Deed Restrictions, Gated
  • Direction Faces: Southwest
  • Directions: On Longboat Key. Go North on Gulf of Mexico Drive. Go to the south Bay Isles gate. Turn right on Harbourside Drive, turn right on Harbor Sound Drive, turn left on Harbor Gate Way. Home will be at the end of the cul-da-sac on your left.
  • Elementary School: Southside Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Riverview High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Subdivision Num: 1912
  • SW Subdiv Community Name: Bay Isles
  • Unit Number: No
  • Street Number: 540
  • Street Name: Harbor Gate
  • Street Suffix: WAY
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Required
  • Association Name: Bay Isles - David Cromwell
  • Association Phone: 941-383-3200
  • Association: Yes
  • CDD: No
  • Pet Restrictions: Buyer to verify withi HOA
  • Tax Book Number: 23-35
  • Tax Legal Description: LOT 5 BAY ISLES UNIT 1
  • Tax Lot: 5
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0008150005
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water Access: Yes
  • Water Body Name: Sarasota Bay
  • Water Extras: Seawall - Other
  • Water Extras: Yes
  • Water: Seawall - Other
  • Zoning: PD
  • Living Area: 5048
Property and Assessments
  • Year Built Numeric: 1991
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0126F
  • Homestead: Yes
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 17E
  • Public Survey Section: 17
  • Dock Description: Dock - Slip Deeded On-Site
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony, French Doors, Irrigation System
  • Foundation Details: Slab, Stem Wall
  • Levels: Two
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Tile
  • Vegetation: Mature Landscaping
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 199
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 6
  • Additional Rooms: Bonus Room
  • Appliances: Other
  • Cooling: Central Air
  • Fireplace: Yes
  • Flooring: Other
  • Heating: Central, Electric
  • Interior Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 4.0
  • Water View: Yes
  • Bathrooms Half: 1
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 540 Harbor Gate Way

DateEvent & SourcePriceAppreciation
Apr 17, 2023

Withdrawn

MFRMLS #A4548501

$3,999,000—
Apr 14, 2023

Sold (Public Record)

Public Record #1509099946

$3,600,000

+5.7% / yr

Apr 14, 2023

Sold

MFRMLS #A4548328

$3,600,000—
Apr 6, 2023

Pending

MFRMLS #A4548328

—
Sep 21, 2022

Listed (Active)

MFRMLS #A4548501

$4,500,000—
Sep 21, 2022

Listed (Active)

MFRMLS #A4548328

$4,500,000—
Sep 30, 2009

Sold (Public Record)

Public Record #276216665

$1,700,000

-7.7% / yr

Sep 30, 2009

Sold

MFRMLS #A3908747

$1,700,000—
Sep 14, 2009

Pending

MFRMLS #A3908747

—
Jun 4, 2009

Listed (Active)

MFRMLS #A3908747

$1,995,000—
May 8, 2009

Expired

MFRMLS #A377411

$2,500,000—
Feb 19, 2008

Listed (Active)

MFRMLS #A377411

$3,150,000—
Apr 21, 2004

Sold (Public Record)

Public Record #134359373

$2,625,000—
May 30, 2002

Withdrawn

MFRMLS #A206241

—
May 14, 2001

Listed (Active)

MFRMLS #A206241

$3,895,000—
DateEvent & SourcePrice
04/17/2023

Withdrawn

MFRMLS #A4548501

$3,999,000
04/14/2023

Sold (Public Record)

Public Record #1509099946

$3,600,000

+5.7% / yr

04/14/2023

Sold

MFRMLS #A4548328

$3,600,000
04/06/2023

Pending

MFRMLS #A4548328

—
09/21/2022

Listed (Active)

MFRMLS #A4548501

$4,500,000
09/21/2022

Listed (Active)

MFRMLS #A4548328

$4,500,000
09/30/2009

Sold (Public Record)

Public Record #276216665

$1,700,000

-7.7% / yr

09/30/2009

Sold

MFRMLS #A3908747

$1,700,000
09/14/2009

Pending

MFRMLS #A3908747

—
06/04/2009

Listed (Active)

MFRMLS #A3908747

$1,995,000
05/08/2009

Expired

MFRMLS #A377411

$2,500,000
02/19/2008

Listed (Active)

MFRMLS #A377411

$3,150,000
04/21/2004

Sold (Public Record)

Public Record #134359373

$2,625,000
05/30/2002

Withdrawn

MFRMLS #A206241

—
05/14/2001

Listed (Active)

MFRMLS #A206241

$3,895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Harbor Gate Way

Taxable ValueLand$1,976,100Additions$834,700Total$2,810,800
Tax Record2025$35,710 ($2,976 / month)
Home Facts
Beds4Baths5.5Total Finished SqFt4,093 SqFtAbove Grade Finished SqFt4,093 SqFtStories2Lot Size19,112 SqFtStyleSingle Family ResidenceYear Built1991Year Renovated2001ZoningPDCountySARASOTAAPN0008-15-0005Fireplace TypeHas Fireplace

Schools near 540 Harbor Gate Way

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Southside Elementary School
Public - K to 5
Booker Middle School
Public - 6 to 8
Sarasota Military Academy
Charter - 6 to 12
Bay Haven School Of Basics Plus
Public - K to 5
Rating
School
Distance
Southside Elementary School
PublicK to 5

Booker Middle School
Public6 to 8

Sarasota Military Academy
Charter6 to 12

Bay Haven School Of Basics Plus
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Stacy Hanan

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.