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$1,999,000

525 SLOOP LANE, LONGBOAT KEY, FL 34228

Active83 days on market

Beds

5

Baths

3

Sq Ft

2,934 sq ft

Year Built

1962

Lot Size

0.28 acres

Garage

2

About This Property

Discover an exceptional chance to complete a vision of waterfront luxury in the highly sought-after community of Country Club Shores on Longboat Key. This canal-front home offers the rare opportunity to pick up where the current owner left off—finishing a sophisticated coastal residence with the majority of major structural work already completed. For discerning buyers seeking to capture immediate equity and create a bespoke waterfront retreat, this property represents outstanding value in prime Longboat Key real estate. Set on a spacious 110’ x 110’ canal-front lot, the home features a fully reconstructed seawall and a private dock equipped with a 13,000-pound Platinum Series boat lift, providing effortless access to Sarasota Bay and the sparkling Gulf of Mexico. The residence is framed for approximately 3,089 square feet under air, offering 5 bedrooms and 3 bathrooms in an elegant coastal ranch-style layout designed for seamless indoor-outdoor living. Substantial improvements have already been executed to the highest standards: a brand-new roof, complete framing, exterior walls, plumbing and electrical rough-ins, natural gas lines, insulation, HVAC ductwork, and impact-resistant windows and doors. Premium materials and finishes—including custom Italian cabinetry, Miele appliances, designer fixtures, and additional high-end components—convey with the property. Engineer-prepared plans provide a clear roadmap for completion, empowering the next owner to personalize the final touches while benefiting from the extensive work already invested. Located in one of the best positions within the desirable Country Club Shores community, this fixer-upper presents the perfect canvas to realize the seller’s vision of an amazing luxury waterfront home. Imagine waking to serene water views, launching your boat from your private dock, and enjoying the effortless Florida lifestyle that defines Longboat Key. Just moments away, enjoy world-class amenities and recreation: championship golf at the prestigious Longboat Key Club, pristine Gulf beaches for sun-soaked days, and the vibrant dining and shopping scene at St. Armands Circle. Explore Sarasota’s renowned fine and performing arts venues, upscale boutiques, and waterfront restaurants—all while residing in this sought-after enclave. Whether you crave boating adventures, cultural experiences, or relaxed coastal living, this location delivers unparalleled convenience and luxury. Don’t miss this unique opportunity to complete a standout waterfront property and unlock its full potential in one of Florida’s most desirable communities.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4699685
StatusActive
Year Built1962
Stories1
Total Rooms10
ConstructionBlock, Stucco
RoofConcrete, Tile
FoundationSlab
FacesSoutheast
SubdivisionCOUNTRY CLUB SHORES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorNinguno
FlooringConcrete, Epoxy
AppliancesNone
LaundryInside
WindowsDouble Pane Windows, Insulated Windows, Low-Emissivity Windows
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorSliding Doors
Lot Size0.28 acres (12,100 sq ft)
Lot Dimensions110 x 110
Lot FeaturesCleared, Cul-De-Sac, Flood Insurance Required, FloodZone, Near Golf Course, Near Marina, Near Public Transit, Street Dead-End
Road SurfacePaved, Asphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesDeck, Gunite

Waterfront

WaterfrontYes
FeaturesCanal Front

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Public, Street Lights, Underground Utilities, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$150 / Annually
Senior CommunityNo

Financial Details

List Price$1,999,000
Annual Taxes$12,725 (2025)
ZoningR4SF
Parcel #0012040002

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighBooker High

Directions

From St Armands Circle, go north onto Longboat Key 8 mi to Sloop Lane, Turn right, home is 3rd address on left.

Location

525 SLOOP LANE, LONGBOAT KEY, FL 34228

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedJuly 15, 2026

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Home Price

$1,999,000

20% ($399,800)
6.75%

Loan Term

Principal & Interest$10,372
Property Tax (est.)$1,832
Insurance (est.)$150
Total Monthly$12,355
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $1,999,000 property in LONGBOAT KEY. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$199,900 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$299,850 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$399,800 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: July 22, 2026.

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