701 Gulf Bay Rd Unit 1&2, Longboat Key, FL 34228

Off Market Oct 2022 for $1.1M

$1,455,221

•

4 ba

•

1,800

sq ft

701 Gulf Bay Rd Unit 1&2, Longboat Key, FL 34228

About this home

Rare opportunity to invest in a recently renovated turn-key duplex on Longboat Key, featuring two identically sized 900 square foot, 2 bedroom, 1.5 bath units on on 9000 square foot lot. Located at the end of a tranquil street, adjacent to the lush and shaded walking paths of Joan M. Durante park. This mid-island property comes with deeded easements to both Sarasota Bay and the Gulf of Mexico beach. This hidden gem is a proven income producer and will appeal the nature lovers. Renovations starting in 2020 include a new roof, all new premium vinyl high-velocity impact resistant windows, all new ducting, updated separate electrical service boxes, and a brand new air conditioning in unit 2. Each unit has been freshly painted inside and out and professionally decorated.

Multi-familyProperty Type

1968Year Built

8,999 sq ftLot Size

$808Est. Price/Sq.Ft.

Listed by Beth Gillingham • SHIRLEY INTERNATIONAL REALTY

Contact: 941-448-4872

Bought with Zain Hartman • HARTMAN REAL ESTATE & COMPANY

Redfin checked: a few seconds ago

•Source:Stellar MLS as Distributed by MLS Grid #A4542482

Redfin Estimate

$1,455,221

$280K since sold in October 2022$139K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0% higher than the average sale price ($1.46M) of 6 comparable homes.

SOLD JUN 29, 2026
$1,670,000
A
4 beds3 baths2,446 sq ft
635 Marbury Ln, Longboat Key, FL 34228
SOLD MAY 29, 2026
$885,000
B
3 beds2 baths1,581 sq ft
691 Gulf Bay Rd, Longboat Key, FL 34228
SOLD JUN 25, 2026
$2,250,000
C
4 beds3 baths3,230 sq ft
7149 Longboat Dr N, Longboat Key, FL 34228
SOLD MAR 13, 2026
$2,275,000
D
4 beds4 baths2,902 sq ft
725 Penfield St, Longboat Key, FL 34228
SOLD AUG 10, 2026
$820,000
E
3 beds2 baths1,704 sq ft
541 DE Narvaez Dr, Longboat Key, FL 34228
SOLD MAR 25, 2026
$830,000
F
Land— sq ft
579 Bayview Dr, Longboat Key, FL 34228

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Earn from this home

Sell

$498,607

Est. take-home

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Market trends in 34228, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.7%

+0.4% MoM

Median sale price

$1.1M

$30K MoM

Avg. days on market

84d

0 days MoM

Recently sold homes

169

2 MoM

New listings for sale

NEW 7 HRS AGO
$1,349,000
2 beds2 baths1,172 sq ft
1055 Gulf OF Mexico Dr #301, Longboat Key, FL 34228
COMING SOON
$3,495,000
3 beds3 baths3,355 sq ft
795 Marbury Ln, Longboat Key, FL 34228
NEW 14 HRS AGO
$499,000
2 beds2 baths1,072 sq ft
4370 Chatham Dr #304, Longboat Key, FL 34228
OPEN SUN, 1PM TO 4PM
$3,999,990
5 beds5 baths4,315 sq ft
560 Chipping Ln, Longboat Key, FL 34228
3D WALKTHROUGH
$1,099,000
3 beds2 baths1,819 sq ft
1075 Gulf OF Mexico Dr #205, Longboat Key, FL 34228
$525,000
2 beds2 baths840 sq ft
729 Saint Judes Dr S #2, Longboat Key, FL 34228
OPEN SAT, 11AM TO 1:45PM
$680,000
3 beds2 baths1,504 sq ft
4750 Gulf OF Mexico Dr Unit Villa 8, Longboat Key, FL 34228
COMING SOON
$399,000
2 beds2 baths1,007 sq ft
3802 Gulf OF Mexico Dr Unit A203, Longboat Key, FL 34228
$595,000
2 beds2 baths1,312 sq ft
4540 Gulf OF Mexico Dr #204, Longboat Key, FL 34228
$2,675,000
4 beds3.5 baths3,102 sq ft
3530 Mistletoe Ln, Longboat Key, FL 34228
See all

Provided by Redfin

Sale history for 701 Gulf Bay Rd Unit 1&2

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #A4542482

Oct 14, 2022

Sold

$1,175,000

$653/sq ft

Sep 1, 2022

Pending

—

Jul 27, 2022

Listed

$1,295,000

$719/sq ft

Stellar MLS as Distributed by MLS Grid #A4470251

Jan 14, 2021

Sold

$395,000

$219/sq ft

Oct 21, 2020

Pending

—

Sep 2, 2020

Price Changed

$499,000

$277/sq ft

Jul 23, 2020

Price Changed

$525,000

$292/sq ft

Jun 22, 2020

Listed

$550,000

$306/sq ft

Quiet beach living on a dead-end road. Live on one side and rent out the other. Some updating in kitchen and baths has been done. Can be converted to a single-family home. This property is adjacent to the incredible 32 acre Joan Durante Community Park with hiking trails, dog park, playground, pavilion and more! Deeded access to Gulf of Mexico beaches! Great location with fine dining close by, Sarasota Bay and steps from park Plenty of possibilities await for Longboat Key living! Come check this one out.

Stellar MLS as Distributed by MLS Grid #A4468351

Jun 19, 2020

Listing Removed

—

Jun 1, 2020

Listed

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

100 ft.

Lot depth

90 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Manatee County

APN

7987000002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 12, 2023.

Property details

Parking

Parking Information
Parking Features: Covered, Driveway, Off Street

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 4

Laundry Room Information
Laundry Features: Inside

Heating & Cooling
Heating Information: Electric
Cooling Information: Central Air

Interior Features
Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments
Window Features: Double Pane Windows, Impact Glass/Storm Windows, Insulated Windows, Low Emissivity Windows, Shades
Appliances: Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
Flooring: Ceramic Tile, Vinyl

Exterior

Building Information
Construction Materials: Block, Stucco
Roof: Shingle

Exterior Features
Patio And Porch Features: Patio
Exterior Features: Outdoor Grill, Outdoor Shower

Property Features
Universal Property Id: US-12081-N-7987000002-S-1&2

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 1
Water Access Description: Bay/Harbor,Beach - Public,Gulf/Ocean
Water Extras Y/N: 0

Property Information
Total Num Buildings: 1
CDD Y/N: 0
Property Type: Residential Income
Property Sub Type: Duplex
Other Structures: Shed(s)
Zoning: R4SF

Land Information
Total Acreage: 0 to less than 1/4

Lot Information
Lot Features: Flood Insurance Required, FloodZone, Level, Street Dead-End, Paved
Lot Size Acres: 0.21
Lot Size Dimensions: 100x90
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size Square Meters: 836

Financial

Tax Information
Tax Annual Amount: $6,721.73
Tax Year: 2021

Lease / Rent Details
Lease Restrictions YN: 0

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Additional Water Information: Deeded easement to Gulf of Mexico and Sarasota Bay

Location

Multi-Family Financial Information
Annual Net Income: 77000.00

Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 1
# of Units: 2
Furnished: Turnkey

Unit Type 1 Information
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2

Unit Type 2 Information
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 2

HOA Information
MFR_Association2YN: 0
Association Approval Required Y/N: 0

Location Information
Directions: From Bradenton: take State Hwy 684/Cortez onto Anna Maria Island, then left on Gulf Drive. Continue over bridge onto Longboat Key, then left on Gulf Bay Road (just past Euphemia Haye restaurant), then to end of street on left. From Sarasoate: take John Ringling causeway over bridge onto Lido Key, then first exit at St. Armands Circle onto N. Blvd of the Presidents. Follow onto Longboat Key and take Gulf Drive to a right turn at Gulf Bay Road (about 8 miles, just before Euphemia Haye resaturant). Then all the way to the end on left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Manatee County
APN: 7987000002

Home facts updated by county records on Apr 12, 2023

Other

Miscellaneous Information
Third Party YN: 0

Listing Information
Attribution Contact: 941-448-4872
Previous Status: Pending
Backups Requested YN: 1

Listing Date Information
Days to Contract: 36
Status Contractual Search Date: 2022-10-14

Listing Price Information
Calculated List Price By Calculated Sq Ft: 719.44

Green Information
Green Verification Count: 0

Home Information
Living Area: 1800
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 167.23
Building Area Units: Square Feet
Foundation Details: Slab
Levels: One
Security Features: Smoke Detector(s)

Around this home

Schools

Anna Maria Elementary School

Public PreK-5 • Assigned • 6.9mi

9/10

Bayshore High School

Public 8-12 • Assigned • 4.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 106° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Longboat Key, FL • 34228

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.38M – $1.67M

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New listings for sale in 34228

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OPEN SUN, 1PM TO 4PM

$3,999,990

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3D WALKTHROUGH

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Home values near 701 Gulf Bay Rd Unit 1&2

Data from public records.

Address	Redfin Estimate
691 Gulf Bay Road, Longboat Key, FL 3 Beds \| 2 Baths \| 1581 Sq. Ft.	$1,063,499
551 Gulf Bay Road, Longboat Key, FL 3 Beds \| 2 Baths \| 1648 Sq. Ft.	$1,265,422

Address	Redfin Estimate
671 Gulf Bay Road, Longboat Key, FL 3 Beds \| 2 Baths \| 1633 Sq. Ft.	$1,136,263
700 Gulf Bay Road, Longboat Key, FL 3 Beds \| 2 Baths \| 3012 Sq. Ft.	$1,862,731

Address	Redfin Estimate
701 Gulf Bay Road, Longboat Key, FL 4 Beds \| 3 Baths \| 1800 Sq. Ft.	$812,857
540 Gulf Bay Road, Longboat Key, FL 3 Beds \| 3.5 Baths \| 1880 Sq. Ft.	$451,310

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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