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ActivePOOL HOMEWATERFRONTNO CDD
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$1,018,375
$596/sqft25% reduced
HOA: NoneTaxes: $13,238/yr321d on market
3 Beds|3 Baths|1,708 Sq Ft|Built 1972|1 Car Garage

Key Features

Private PoolCanal FrontWater ViewSingle Story
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Waterfront & Dock
Waterfront
Canal - Saltwater
Water Frontage
100 ft
Water Body
MILLAR BAY
Dock
Yes
Year Built
2022
Dimensions
3x37
Description
Dock - Composite
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 25% ($331,625 off original)
  • 321+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

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.

County
Manatee
Zip Code
34228
Community
Sleepy Lagoon

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
1,708 sqft
Construction
Block, Stucco
Roof
Metal
Flooring
Terrazzo
Pool
Yes
HOA
None
  • 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)
  • Sliding Doors
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Freezer
  • Refrigerator
  • Electric Dryer Hookup
  • In Garage
  • Laundry Room
  • Washer Hookup
  • Covered
  • Deck
  • Enclosed
  • Screened
  • Corner Lot
  • Cable Available
  • Electricity Connected
  • Fiber Optics
  • Fire Hydrant
  • Phone Available
  • Sewer Connected
  • Water Connected
Bedrooms
3
Bathrooms
3
Year Built
1972
Construction
Block, Stucco
Flooring
Terrazzo
Roof
Metal
Garage Spaces
1
Cooling
Central Air
Heating
Central, Electric
Waterfront
Yes
Pet Restrictions
Yes
Lot Size
0.23 acres
Senior Community
No
Building Elevator
No
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$13,238
No HOA fees on this listing.
Down Payment20% — $203,675
Interest Rate6.50%
Loan Term
Est. Mortgage
$5,149
HOA Fee
$0
Est. Property Tax
$1,103
Est. Insurance
$339
Total Est. Monthly Cost$6,592

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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