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$917,000

749 PENFIELD STREET
LONGBOAT KEY, FL 34228

Single Family Residence|Sold 10/27/2025
3
Beds
3
Total Baths
3
Full Baths
2,905
SqFt
$316
/SqFt
1968
Built
Subdivision:
SLEEPY LAGOON PARK 2
County:
Manatee
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An extraordinary opportunity awaits the next visionary owner of this spacious waterfront Mediterranean-style home. Whether you choose to renovate the current home or build your new dream home, it is ideally located on a wide canal with no fixed bridges to the Gulf of Mexico. A day out on the water is right out of your back door! It is just a short stroll to the pristine beach in the highly desirable north end of Longboat Key. This is where luxury living meets the relaxed charm of coastal living. The home was damaged in the storms but was remediated and drywall was replaced. It will need flooring, a new kitchen and two bathrooms, but it features 3 bedrooms and 3 baths, and offers abundant space to recreate your perfect waterfront retreat. A distinctive arched entryway welcomes you to a private front courtyard. Upon entering through the beautifully carved wooden door, you are greeted by an abundance of natural light that highlights the unique architectural details, with a scenic view of the sparkling canal beyond. The first floor hosts a spacious open plan living and dining area, the kitchen, two bedrooms, and two bathrooms, along with a large utility room that could easily serve as a fourth bedroom or additional living space. A grand staircase leads to the primary bedroom, which boasts a luxurious marble ensuite with a jacuzzi tub and breathtaking views of the canal below. This exceptional room features a cathedral ceiling with exposed wooden beams, a gorgeous oak floor with intricate inlays, a wood-burning fireplace, and a balcony overlooking the private courtyard. It is a true sanctuary that could easily be transformed into a second expansive living area. Close to multiple restaurants, the fabulous St.Regis Resort and the world renowned St. Armands Circle…..and just a couple of bridges away from the cultural epicenter of downtown Sarasota……this is a rare offering to come and make your own!

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Listing Snapshot
Bedrooms 
3
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Inside Area (SqFt) 
2,905 sqft
Lot Size 
0.23 Acres
Year Built 
1968
MLS® Number 
A4663334
Status 
Sold
Property Tax 
$19,727.8
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.23
Attached Garage 
Yes
Direction Faces 
East
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Number Of Stories 
1
Parking 
Attached
Pets 
Yes
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
3613
Style 
Mediterranean
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R4SF
Interior Features
Appliances 
None
Cooling 
Central Air
Fireplace 
Yes
Flooring 
Wood
Furnished 
Unfurnished
Heating 
Central
Interior 
Cathedral Ceiling(s)Open Floorplan
Laundry Features 
Electric Dryer HookupInsideLaundry RoomWasher Hookup
Bedroom 2 
Level - First
Bedroom 3 
Level - First
Florida Room 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - Second
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Exterior Features
Construction Details 
Stucco
Exterior 
BalconyCourtyardLightingDock
Fencing 
Wood
Lot Features 
LandscapedNear Golf CourseNear Public TransitPavedWaterfront
Patio And Porch 
Front Porch
Roof 
Concrete
View 
CanalWater
Waterfront 
Yes
Waterfront Features 
Canal Front
Waterview 
CanalWater
Community Features
Community Features 
Street Lights
Financing Terms Available 
Cash
MLS Area 
34228 - Longboat Key
Roads 
Paved
Township 
35S
Schools
School District
Unknown
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 302-4913



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-11 10:02 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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