$1,018,375

501 De Narvaez Drive

Longboat Key, FL 34228

Active
3
Beds
3
Baths
1,708
Sq Ft
0.23
Acres
1972
Built
WaterfrontWater accessPrivate pool$596/sqft
🏠Single Family Residence

Property type

🏗️1972

Year built

📐10,202 sqft

Lot size

📊$596

Price / sq ft

🏘️No HOA

HOA dues

📅307

Days on market

🚗1

Garage space

🌊AE

Flood zone

About this home

Some homes whisper. Others make a statement. 501 De Narvaez Drive commands attention—with bold architecture, elegant updates, and a prime waterfront location that elevates the Florida lifestyle into something exceptional. Nestled on a quiet corner lot in the coveted Sleepy Lagoon Park neighborhood, this home is your gateway to prestige, privacy, and the purest form of coastal living. Spanning 1,708 square feet of refined single-story living, this 3-bedroom, 2.5-bath residence is a masterclass in modern comfort and timeless materials. Designed with block construction and finished in stucco with a durable metal roof, the home is as solid as it is stylish. Inside, terrazzo flooring sweeps across the entire home, providing a sleek and enduring foundation underfoot. Enter into a light-drenched open floor plan, where the layout has been carefully crafted for entertaining, lounging, and effortless day-to-day living. The living room flows into a dining space and gourmet kitchen—outfitted with stone counters, solid surface tops, a spacious island, and stainless steel appliances including a convection oven and cooktop. Whether you’re entertaining guests or enjoying a peaceful morning coffee, every room connects you to the water and the outdoors. The primary suite is an owner’s haven, complete with a walk-in closet and full bath featuring a tub/shower combination. Two additional bedrooms—each with walk-in closets—offer comfort, functionality, and flexibility. A second full bath, half bath, and spacious laundry area provide all the elements of ease and convenience. But what truly defines this home is what lies beyond the doors. A private, heated pool, enclosed within a screened lanai, becomes your year-round sanctuary. The oversized covered deck is perfect for afternoon shade or sunset cocktails. And then there’s the water: with direct canal access to the Intracoastal Waterway, this home is a dream for boaters. The 2022 composite dock and concrete seawall are in pristine condition and ready for your vessel. No HOA means you can live your way, and with 1-month minimum leases allowed (rental license required), this property also offers incredible short- or long-term rental potential. Add in a two-car garage, central air, electric heat, public water/sewer, and fiber optic internet, and you have every modern amenity at your fingertips. This is more than just a home—it’s a statement of lifestyle. A bold, beautiful, and rare opportunity to own in one of Longboat Key’s most established and beloved communities, just moments from world-class beaches, golf, fine dining, and everything the Sarasota area has to offer. For the visionary buyer who seeks distinction, privacy, and water access—501 De Narvaez is where your story begins.

Estimated monthly payment

Principal & interest$5,149
Property taxes$1,103
Home insurance (est.)$467

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history307 days on market

  1. Status: Active
    Jul 22, 2025
  2. Listed$1,350,000
    Jul 22, 2025
  3. Price reduced$1,018,375

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
307
Subdivision
Sleepy Lagoon Park
County
Manatee
Year built
1972
Living area
1,708 sq ft
Price/sq ft
$596
Lot size
10,202 sq ft
Lot category
0 to less than 1/4
Flood zone
AE
Garage
1 spaces
Pool
Private pool
Annual taxes
$13,238 (2024)
Parcel #
7855500000
Zoning
R4SF
MLS #
TB8398888

Interior Details

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Flooring
Terrazzo
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Refrigerator
Interior features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
Laundry
Electric Dryer Hookup, In Garage, Laundry Room, Washer Hookup
Stories / Levels
One
Direction faces
South

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Bath In Garage, Driveway, Open, Oversized

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1 Month
Listing terms
Cash, Conventional, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
License approval required by city. Buyer to verify with City/County prior to end of inspection period.
Approval process
Please check with City/County for any Approval Process.

Exterior & Construction

Exterior features
Sliding Doors
Construction materials
Block, Stucco
Roof
Metal
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Primary BedroomFirst9.7x5.7
Bedroom 2First13.2x11.3
Bedroom 3First11.4x12.9
KitchenFirst17.9x13.8
Living RoomFirst30.8x15.11
Primary BathroomFirst9.7x6.7
Bathroom 2First11.5x6.3
Bathroom 3First2.7x5.6

Listing Details

Listing date
2025-06-13
On market date
2025-07-22
Original list price
$1,350,000
Occupant type
Owner
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2025-07-22
Tax legal description
LOT 21 SLEEPY LAGOON PARK PI#78555.0000/0

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

At the corner of De Narvaez & GMD.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of May 25, 2026 at 11:34 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA