701 Penfield StreetLongboat Key, FL 34228Sale Price: $1,225,000

  • Sale Price: $1,225,000
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,225,000Sale Price
  • 2Bedrooms
  • 2Full Bath
  • 1,833Square Feet

Listing Tools

Perfectly situated in the coveted Sleepy Lagoon north Longboat Key community, you will find this hidden waterfront gem with loads of curb appeal located on a deep water canal accessing Sarasota Bay. Upon entering you are greeted with 10' ceilings in the main living area with a wood burning fireplace and access to the front terrace. Centrally located the dining and living areas open to the completely remodeled kitchen showcasing a serene canal view, porcelain tile flooring, granite countertops, an oversized breakfast bar with access to the spacious screened rear terrace replaced in 2018. The master bedroom offers two walk-in closets, access to the terrace and a spacious master bath with dual vanities and plenty of counter space. The guest bedroom is ensuite and overlooks the lushly landscaped circular drive. Relax into the Longboat Key lifestyle by the heated pool which was recently rescreened. Ideal for boater's, the newer dock is outfitted with water, electric and a lift to accommodate up to a 15,000lb boat. Sleepy Lagoon offers nearby beach access and an ideal location close to fine dining and shopping. Other recent home improvements include all new blinds upstairs, rain spouting, hurricane rated garage door, updated landscaping, railings and chimney, a new fence and a total roof replacement in 2020. Additionally there are impressive air conditioned storage areas on the lower level adjacent to the 2 car garage.

Property Details of 701 Penfield Street

Property Details

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Mortgage Calculator


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$
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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Ian Addy,PA of MICHAEL SAUNDERS & COMPANY (941-383-7591)

Listing Sold by MICHAEL SAUNDERS & COMPANY

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 26, 2026 11:08 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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