$1,900,000

537 Gunwale Ln Longboat Key, FL 34228

$10,000
Closing credit¹
3 beds
2 full, 1 partial
1,932 sqft
0.3 acres
$983 / sqft
House

Property details

About 537 Gunwale Ln

An exceptional chance to acquire a prime waterfront residence on the Southern tip of Longboat Key, ideally situated along a wide waterway leading to Sarasota Bay (with no bridges). Located in one of the most desirable areas, this home is just a short walk or bike ride to your deeded beach access, the prestigious Longboat Key Club, and the new St. Regis hotel. Enjoy beautiful beaches, world-class dining, St. Armands Circle, and more. With over 100 feet of canal frontage, this property features deep, sheltered waters perfect for boating, with direct access to the Intracoastal Waterway, Sarasota Bay, and the Gulf of Mexico. The home offers an excellent foundation, a beautiful pool, a new roof, and a new seawall with a jet ski lift for your dream waterfront retreat. The location also offers convenient access to downtown Sarasota, known for its vibrant arts and cultural scene, and Sarasota International Airport, making it the perfect balance of coastal living and accessibility. Although the current home has sustained damage from the hurricane, it presents remarkable potential. The minimal water and drywall were removed within 24 hours of intrusion. The 12,392-square-foot lot offers numerous possibilities. Embrace the Longboat Key lifestyle with deeded beach access, easy boating, and proximity to the island's top amenities. Memberships at the Longboat Key Club provide access to world-class golf, a premier tennis center, and a private beach club. With a rare combination of location, water access, and potential, this home presents an unparalleled opportunity to create your ideal waterfront retreat. A short stroll to the deeded beach offers the chance to relax, enjoy the sun, and witness breathtaking sunsets. Don't miss this opportunity to create your ideal waterfront lifestyle in one of Longboat Key's most desirable communities.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,932 sqft
Lot size0.28 Acres
Year built1965
ParkingCircular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side
MLS #A4645110
Attached garage2 spaces
WaterfrontCanal
ViewWater
Private poolYes

Summary

  • MLS Number: A4645110
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Judy Kepecz-Hays

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,900,000

537 Gunwale Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 13, 2012
Home Sold
$550,000
Jan 16, 1998
Home Sold
$375,000

Tax history

YearAssessmentProperty Tax
2023$1,440,100$19,091
2022$1,314,300$14,587
2021$817,800$14,587
2020$654,800$11,417
2019$665,700$10,125
2018$660,400$10,072
2017$670,500$9,809

History based on county public records data.

Nearby schools

7

Bay Haven School of Basics Plus

Public Magnet KG-5

3.1 mi

2901 W Tamiami Cir

4

Emma E. Booker Elementary School

Public District PK-5

4.7 mi

2350 Dr Martin Luther King Way

10

Southside Elementary School

Public District PK-5

4.7 mi

1901 Webber St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $146,828. The majority of Longboat Key, FL residents have income between $100k-200k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

17%
<35k
11%
35k-100k
44%
100k-200k
28%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
2%
Single, with Kids
64%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
2%
18-34 yrs old
33%
35-64 yrs old
61%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 537 Gunwale Ln

This home is located at 537 Gunwale Ln in Longboat Key, FL and zip code 34228. This 1,932 square foot home, which was built in 1965, sits on a 0.28 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $1,900,000.

In March 2025, from all listings sold in Longboat Key, FL there were more than 1 sold above asking price, over 34 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Longboat Key, FL increased by 10% between February and March 2025. In March 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $1,241,875.

From Rocket Homes Real Estate and based on county public records data.

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