PROPERTY IS LONGBOAT KEY’S HIGHEST PRICED SINGLE FAMILY HOME SALE TO DATE IN 2014

A bay front residence on Longboat Key sold yesterday for $3.45 million. In doing so, it became Longboat Key’s highest priced single-family home to sell thus far in 2014.

The property, located at 640 Rountree Drive—in the Longboat Key Estates neighborhood—was listed by Maureen Horn, of the Longboat Key office of Michael Saunders & Company; and sold by Christine Del Monte, of the firm’s Siesta Key office.

“In experiencing recent benchmark sales, Longboat Key is like every other luxury enclave in Sarasota and Manatee Counties,” said Ms. Horn, who represented the seller. “Buyers are confident that it’s the right time in the right market; and their confidence is being rewarded with some of the best all-around values in luxury waterfront living that the Gulf Coast has to offer.”

Situated on over 200-feet of Sarasota Bay frontage—and inclusive of over 5,100 square feet of air-conditioned space—the home’s exceptional interior features four en-suite bedrooms, a library loft and fully wired media room. Multiple waterfront terraces, a bay front swimming pool and a 60-foot private dock with 12,000-lb boat lift make for exceptional outdoor living as well.