501 CHANNEL LANE, LONGBOAT KEY, FL, 34228
Active2252 days on marketMLS #A4468386
About this home
501 CHANNEL LANE
**Looking for a 3 month rental for January-March 2027.** Booked all of July, September, Novemeber 2026, April 1st-Dec 31st 2027 Experience elevated island living in this stunning coastal retreat featuring 4 bedrooms, 3 bathrooms, a private pool, and exceptional indoor-outdoor entertaining spaces. Designed with comfort and style in mind, the bright open-concept living area features soaring ceilings, designer finishes, and large sliding glass doors that open to a spacious covered balcony overlooking the pool below. Whether you're enjoying morning coffee, afternoon cocktails, or evening conversations, the balcony provides the perfect setting to relax and unwind. The heart of the home is the beautifully appointed chef's kitchen, complete with premium stainless steel appliances, custom cabinetry, quartz countertops, a large center island with seating, and ample space for gathering with family and friends. The adjacent dining area comfortably accommodates group meals and celebrations. The luxurious primary suite offers a peaceful retreat with private balcony access, abundant natural light, and a spa-inspired en-suite bathroom featuring dual vanities, upscale finishes, and a large walk-in shower. Outside, you'll find your own private tropical oasis. Take a refreshing dip in the sparkling pool, lounge in the sun, or enjoy friendly competition with a game of ping pong in the covered entertainment area. The outdoor kitchen and grilling station make poolside dining effortless, while multiple seating areas provide plenty of space to gather, relax, and enjoy Florida's beautiful weather. Surrounded by lush tropical landscaping, this home offers privacy, comfort, and all the amenities needed for an unforgettable vacation. Whether you're seeking a relaxing escape or a place to entertain family and friends, this exceptional property delivers the perfect blend of luxury and coastal charm. The $13,000 is for base rent only. There are taxes, refundable damage deposit, cleaning fees, credit card fee, pool heating and pet fee if bringing a dog.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,349
Sqft
0.19 ac
Lot size
2
Garage
2019
Year built
Two
Levels
$6
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,100 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,100/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
$6 vs $692
Days on market
2252 vs 94 typical
Where $6/sqft sits among the 254 Longboat Key actives
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 Longboat Key
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Longboat Key. See the full Longboat Key guide →
LONGBOAT KEY 34228 — neighborhood snapshot
Population
7,512
Median age
71.5
Median income
$143,365
Median home value
$959,200
Avg household
1.8
Households w/ children
51%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Longboat Key market
$820K → $1.4M
Longboat Key median sold, yr/yr
93.1%
Sale-to-list ratio (12 mo)
108 of 254
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 98% below the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →
Paper trail
This home's history
Reality check
What actually sold near 501 CHANNEL LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$1,690,000
340 GULF OF MEXICO DRIVE UNIT 124
3 bd · 3 ba · 2,365 sqft · $715/sqft · 333 DOM
Sold · Jun ’26$1,950,000
545 SANCTUARY DRIVE UNIT B806
3 bd · 2.5 ba · 2,375 sqft · $821/sqft · 304 DOM
Sold · Jul ’26$1,725,000
545 SANCTUARY DRIVE UNIT B506
3 bd · 2.5 ba · 2,375 sqft · $726/sqft · 160 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.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 501 CHANNEL LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 501 CHANNEL LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
501 CHANNEL LANE FAQs
What would the monthly payment be for 501 CHANNEL LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,100/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 CHANNEL LANE?+
The most recent tax bill on record (2021) was $10,296. 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 CHANNEL LANE?+
The listing reports pets: Dogs OK, Number Limit, Pet Deposit, Size Limit, 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 $13,000, this home is listed about 99% below the Longboat Key median of $950,000. The market section on this page shows how the area is trending.
Which schools are assigned to 501 CHANNEL LANE?+
Booker High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the LONGBOAT KEY 34228 market on paper
$13,000 is 98% below the LONGBOAT KEY 34228 median of $629,000, and at $6/sqft it sits under the Longboat Key average of $841.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
2252 days on market against a Longboat Key median of 94 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Booker High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PRECISE REALTY CORP · Jennifer Le Blanc. MLS #A4468386.
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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