$1,850,000

537 Gunwale Ln Longboat Key, FL 34228

$10,000
Closing credit¹
3 beds
2 full, 1 partial
1,932 sqft
0.3 acres
$958 / 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

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: None
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side
  • Waterfront: Canal
  • View: Water
  • Exterior: Rain Gutters, Sliding Doors
  • Architectural Style: Ranch
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $1,850,000
  • Price/SqFt: $957
  • HOA Amount: $50 Annually
  • Annual Tax Amount: $19,091
  • Tax Year: 2023
  • Lot: Cul-De-Sac, Flood Zone, City Lot, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Directions: FROM LONGBOAT KEY SOUTH BRIDGE, GO NORTH ON GULF OF MEXICO DRIVE. TURN RIGHT ON GUNWALE, HOME IS ON THE LEFT. 537 GUNWALE LN, LONGBOAT KEY, FL 34228
  • Year Built: 1965
  • Living Area: 1,932 SqFt
  • Lot Size: 0.28 Acres
  • MLS Number: A4645110
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Judy Kepecz-Hays

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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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: 6/28/2025, 12:34:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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537 Gunwale Ln, Longboat Key, FL 34228 - map of property location

$1,850,000

537 Gunwale Ln

$10,000

closing credit¹

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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. Typical income of Longboat Key, FL residents is between $100k-200k annually. The most common type of family is married, no kids. The most common level of education of people living 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

The listing price of 537 Gunwale Ln property is $1,850,000.

The property 537 Gunwale Ln is a house located in Longboat Key, Florida, 34228.

Active Listing: 537 Gunwale Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 537 Gunwale Ln are: Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Emma E. Booker Elementary School (GreatSchools Rating 4/10), Southside Elementary School (GreatSchools Rating 10/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Booker Middle School (GreatSchools Rating 3/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota Military Academy (GreatSchools Rating 5/10), Booker High School (GreatSchools Rating 3/10), Sarasota High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $19,091 (source: MLS/based on county public records data).

The last sale was on June 13, 2012 for $550,000 (source: MLS/tax record).

The property at 537 Gunwale Ln has 3 bedrooms and 2 full and 1 half bathrooms.

The property 537 Gunwale Ln is 1,932 SqFt (source: MLS/tax record).

The year of construction for 537 Gunwale Ln is 1965.

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 $1,850,000.

Over 2 listings were sold over their listed price in May 2025 in Longboat Key, FL. In the same period over 35 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Longboat Key, FL between April and May 2025 decreased by 2.5%. While the average time on the market in May 2025 was 64 days, the median list price was $1,250,000.

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

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