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$2,499,000

550 NORTON STREET, LONGBOAT KEY, FL 34228

Active0 days on market

Beds

3

Baths

4

Sq Ft

3,453 sq ft

Year Built

2002

Lot Size

0.23 acres

Garage

—

About This Property

Discover waterfront living in the sought-after Sleepy Lagoon neighborhood of Longboat Key, where distinctive architecture, beautifully appointed interiors and deeded beach access create an exceptional island lifestyle. Offering 3 bedrooms, 3.5 baths and approximately 3,453 sq. ft., this canal-front residence makes a striking impression with its metal roof, circular paver driveway, columned entrance and lush tropical landscaping. Inside, soaring ceilings with exposed beams and plank detailing, rich bamboo flooring, custom built-ins and a fireplace define the spacious great room. Expansive glass sliders open to a generous screened balcony featuring retractable awnings, an outdoor grill and ample space for dining and relaxing. The updated kitchen combines rich wood cabinetry, stainless steel accents, stone and steel countertops, quality appliances, a center island, oversized breakfast bar and wine refrigerator. Upstairs, the primary suite offers vaulted ceilings, a private rooftop terrace, an expansive custom walk-in closet and a dedicated office with built-ins. The beautifully appointed primary bath features dual vanities, a freestanding soaking tub and an oversized shower with multiple showerheads. Additional bedrooms provide comfortable accommodations, while the lower level offers flexible bonus space for recreation and guests. Outdoor living continues within a dramatic two-story screened enclosure featuring a swimming pool, spillover spa, covered lounge and poolside wet bar. A landscaped walkway leads to the private dock and boat lift along the navigable canal. Just approximately three blocks from deeded neighborhood beach access, and conveniently located near St. Armands Circle and downtown Sarasota, this exceptional residence offers the best of Longboat Key living, from boating and entertaining to relaxing on the Gulf's beautiful beaches.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4707951
StatusActive
Year Built2002
Stories2
Total Rooms9
ConstructionBlock, Stucco
RoofOther
FoundationSlab
FacesSoutheast
SubdivisionSLEEPY LAGOON PARK 2
CountyManatee
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
FlooringBamboo, Travertine
AppliancesBar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral, Electric
FireplaceYes ()

Exterior & Lot

ExteriorIrrigation System, Lighting, Sliding Doors
Lot Size0.23 acres (9,840 sq ft)
Lot Dimensions80 x 123
Road SurfacePaved
ViewPool, Water

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground, Heated
SpaHeated, In Ground

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageYes

HOA & Community

HOAYes
HOA Fee$35 / Annually
Senior CommunityNo

Financial Details

List Price$2,499,000
Annual Taxes$34,158 (2025)
FinancingCash, Conventional
ZoningR4SF
Parcel #7868000006

Directions

From St. Armands Circle, take John Ringling Blvd north to Gulf of Mexico Dr, continue north on Longboat Key, turn right on General Harris St, then left on Norton St—550 Norton St is the fourth house on the right.

Location

550 NORTON STREET, LONGBOAT KEY, FL 34228

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedOctober 20, 2026

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Home Price

$2,499,000

20% ($499,800)
6.75%

Loan Term

Principal & Interest$12,967
Property Tax (est.)$2,291
Insurance (est.)$150
Total Monthly$15,408
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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: October 20, 2026.

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