The home at 825 Longboat Club Road closed yesterday for a Longboat Key record of $12.5 million. The sale price represented the third-largest sale in Sarasota County history.
Reid Murphy, of Developers Realty Inc., listed the property, and Louis Wery, of Coldwell Banker’s Longboat Key office, represented the buyer, who is from Europe, according to a prepared statement.
The home is one of eight mansions that overlook the Gulf of Mexico in Regents Court, aka “Millionaires Row,” which is located behind the Islandside gates of the Longboat Key Club and Resort.
The 1.3-acre property, which has 150 feet of Gulf beachfront, sold for $2.05 million preconstruction in 1994 to Siegfried and Eva Schulte. The 11,961-square-foot home was built in 2002 with five bedrooms, six bathrooms an infinity pool and spa that overlook the Gulf, and other luxury features such as mahogany, glass double doors that open to a custom grand staircase; chef’s kitchen and adjoining catering kitchen and pantry; and split floor plan that separates the master living quarters from the four guest suites.
Murphy listed the property for $17.5 million in September 2010.
Contact Robin Hartill at email@example.com.
Currently 0 Responses
21 2014 Series of Wine & Food Tasting
6:00 pm - 8:00 pm
22 Einstein's Circle: "Sex in the City: Sex Trafficking, Exploitation, Survival"
2:30 pm - 4:00 pm
22 Introduction to Using the Internet
3:30 pm - 4:30 pm
22 I AM - Women and Investing
5:30 pm - 7:30 pm
School of rock
Fans cheered on their favorite bands Saturday at Rock for a Cause.
A budding partnership
Local Kiwanis clubs joined forces to help break ground on a butterfly garden and new information center for Community Haven for Adults and Children with Disabilities.
Walk this way
With less than a month until Election Day, Rhana Bazzini, left, has decided she’s had enough with current campaign financing.