David Ramirez
$2,995,000$3,250,0005 bd3 ba3,042 sqft$985 /sqft$19,550 /mo all-in ↓

501 NORTON STREET, LONGBOAT KEY, FL, 34228

Active152 days on marketListed Mar 4, 2026MLS #A4683196

Reduced $255KWaterfrontPrivate poolFully furnishedSingle Family ResidenceSLEEPY LAGOON PARK 2

About this home

501 NORTON STREET

PRICE IMPROVEMENT! In the tranquil north end of Longboat Key, where Gulf breezes drift through the palms and the pace slows to a whisper, this extraordinary beach retreat captures the essence of refined coastal living. Positioned on nearly half an acre of canal front property and encompassing over 3,000 square feet of interior living space (more than 6,000 square feet total), the residence sits just across from the ultra convenient public beach access. This unique residence offers the rare luxury of both boating and beachside lifestyles in one remarkable setting. Recently transformed through a stunning renovation and offered turnkey furnished, the five bedroom, three bath waterfront home showcases long, picturesque canal views and an effortless indoor outdoor flow. A NEW ROOF in 2023 and new impact windows were installed in 2022 provide peace of mind. Vaulted ceilings and light-filled spaces that feel both expansive and inviting. At the heart of the home, the chef’s kitchen blends timeless style with modern performance, featuring classic shaker cabinetry, gleaming white quartz countertops, high-end white Café appliances, and generous island seating ideal for gathering. The primary suite is a private sanctuary of nearly 700 square feet, complete with dual walk-in closets and a spa-inspired bath designed for indulgence, including a dramatic double soaking tub with jets, fireplace and TV, a Moen technology-enhanced shower, and electronic Woodbridge toilets that elevate daily living with comfort and innovation. Each of the guest bedrooms offer sizeable walk in closets. Step from the screened lanai off the living room down to a resort-caliber outdoor environment that rivals the finest destinations, where a heated pool and spa anchor the space alongside a putting green, waterfront fire pit, game area, and a beautifully pavered outdoor kitchen designed for effortless entertaining. For boating enthusiasts, the property is exceptionally equipped with a 10,000-pound boat lift and a second dock for added enjoyment. Substantial non-conforming enhanced storage beneath the home and a spacious three-car garage provide versatility without compromising luxury, making this a rare waterfront compound where mornings begin at the beach, afternoons unfold on the water, and evenings are spent poolside under the stars. Located a short distance to the Bridge Street Pier which offers ample dining, shopping and entertainment options, this residence truly is the ultimate beach getaway.

Facts & features

The home at a glance

5

Bedrooms

3

Bathrooms

3,042

Sqft

0.4 ac

Lot size

3

Garage

1994

Year built

Two

Levels

$985

Per sqft

Private poolWaterfrontWater viewFurnishedPets allowed

Inside

FlooringCeramic Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorHigh Ceilings · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Split Bedroom · Stone Counters · Window Treatments
LaundryInside
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
ViewWater
FacesWest
ParkingDriveway · Oversized · Workshop in Garage
ExteriorFire Pit · Irrigation System · Lighting · Outdoor Grill · Outdoor Kitchen · Outdoor Shower · Sliding Doors

Community & fees

Taxes (2025)$25,276/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected · Natural Gas Available · Public · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$19,550 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$16,161
PMI (est., until 20% equity)$1,123
Property tax — 2025 actual bill$2,106
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $299,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $299,500
Interest rate6.00%
Loan term

Estimated payment

$19,550/mo

Principal & interest$16,161
PMI (est., until 20% equity)$1,123
Property taxes (actual bill)$2,106
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Longboat Key actives

$985 vs $693

Days on market

152 vs 95 typical

Where $985/sqft sits among the 262 Longboat Key actives

116
67
38 · this home
16
9
16
$351–639$639–928$928–1217$1217–1506$1506–1795$1795+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sleepy Lagoon

Map of 501 NORTON STREET inside its neighborhood boundary

Drive times from this address

Downtown Tampa75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Longboat Key. See the full Longboat Key guide →

Sleepy Lagoon — neighborhood snapshot

Population

437

Median age

68

Median income

$130,791

Median home value

$816,296

Avg household

2

Households w/ children

2%

For the school run

Manatee County School District

HighBayshore High School★★★★
ElementaryAnna Maria Elementary School★★★★
MiddleMartha B. King Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Longboat Key market

Seller’s marketLeans buyer8.2 months of inventoryBuyer’s market

$820K$893K

Longboat Key median sold, yr/yr

92.8%

Sale-to-list ratio (12 mo)

112 of 262

Longboat Key actives have cut their price

Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 361% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,995,000 $255K
Mar 4, 2026Listed at $3,250,000 · 152 days on market since
1994Built · SLEEPY LAGOON PARK 2

Reality check

What actually sold near 501 NORTON STREET

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

601 NORTON STREETSold · Apr ’26

$1,545,000

601 NORTON STREET · same community

3 bd · 3 ba · 2,956 sqft · $523/sqft · 34 DOM

749 PENFIELD STREETSold · Oct ’25

$917,000

749 PENFIELD STREET · same community

3 bd · 3 ba · 2,905 sqft · $316/sqft · 25 DOM

725 PENFIELD STREETSold · Mar ’26

$2,275,000

725 PENFIELD STREET · same community

4 bd · 4 ba · 2,902 sqft · $784/sqft · 185 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 501 NORTON STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 501 NORTON STREET — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

501 NORTON STREET FAQs

What would the monthly payment be for 501 NORTON STREET?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $19,550/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 501 NORTON STREET?+

The most recent tax bill on record (2025) was $25,276. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 501 NORTON STREET?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Longboat Key?+

At $2,995,000, this home is listed about 212% above the Longboat Key median of $960,000. The market section on this page shows how the area is trending.

Which schools are assigned to 501 NORTON STREET?+

Bayshore High School (high), Anna Maria Elementary School (elementary), Martha B. King Middle School (middle) — Manatee County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$2,995,000 runs 361% above the LONGBOAT KEY 34228 median — but at 3,042 sqft it's also nearly twice the size of the typical Longboat Key listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Bayshore High School, Anna Maria Elementary School, Martha B. King Middle School — Anna Maria Elementary School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $3,250,000, now $2,995,000 — a $255K cut. The full history is in the market section below.

Listing courtesy of WILLIAM RAVEIS - FLORIDA LLC · Keith Redding. MLS #A4683196.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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