711 RUSSELL STREET, Longboat Key, FL, 34228 | $1,075,000

Discover the ideal opportunity to renovate or build your dream home! In the heart of historic Longbeach Village, on Longboat Key's north end, this charming mid-century cedar-framed residence offers a rare chance to create your ideal living space. Set back on an expansive elevated lot with a deep front yard, the property boasts ample room for a private oasis in the rear, complete with a heated pool, spa and low-maintenance synthetic lawn. Previously updated to blend modern conveniences with vintage charm, this home was featured in a 2022 Herald-Tribune article as A Sweet Spot on Longboat. The homeowners retained the original terrazzo floors and distinctive jalousie and awning windows, preserving its unique character. The living room and kitchen feature elevated ceilings reaching 14 feet at cathedral peak, enhancing the sense of space. Modern drop lighting accents the kitchen. The original owners, inspired by their time in Brisbane, Australia, infused the home with unique design elements, including a vibrant orange exterior. The open-flow layout between living room and kitchen maximizes convenience, creating a comfortable and relaxed living experience. Light-filled rooms contribute to a bright and uplifting atmosphere. Additional spaces include a generous den, a bonus room and an office, offering versatility for various needs. The outdoor deck is ideal for entertaining or unwinding, surrounded by lush tropical landscaping that adds beauty and tranquility. Following storm damage during the 2024 hurricane season, this property now presents an incredible opportunity to reimagine its full potential. Some interior photos show the home prior to the storm and others reflect the remediated condition. The exterior photos of the yard, which include the pool and spa, are current after the storm. The desirable gulf-to-bay access, ideal for beachcombing, boating, kayaking and paddleboarding, as well as the nearby renowned waterfront dining and shops, provide the ideal gateway to the ultimate Florida lifestyle.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 112 x 105
  • Laundry: Inside, Laundry Room
  • Style: Bungalow, Florida
  • Year Built: 1957
  • Garage: Circular Driveway, Off Street
  • Heating: Central, Electric
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,862
  • Acreage: 0.27
  • Lot Size: 112 x 105
  • Est. Taxes: $16,923
  • Lot Desc: FloodZone, Oversized Lot, Sidewalk
  • View: Garden
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pool: Heated, In Ground, Salt Water
  • Pet Policy: Yes
  • Appliances: Washer
  • MLS#: A4636733
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /eprop/A4636733/711russellstreet_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/10/2025 1:02:10 PM)

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NMLS Mortgage Loan Originator ID 2166562

302.293.7433

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711 RUSSELL STREET, Longboat Key, FL, 34228

$1,075,000

Beth Jamison

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 914.953.6267

Beth.Jamison@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $860,000 $860,000 $860,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.764% 6.435%
Monthly Tax Payment $1,410 $1,410 $1,410
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,295 $5,507 $7,374
Total Monthly Payment $6,830 $7,042 $8,909

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.