The home where well-known Sarasota philanthropists Alex and Betty Schoenbaum used to live recently sold for $6.75 million.
Located on the Manatee side of Longboat Key, the property, built in 1986, is just over 14,000 square-feet and sits on almost an acre of land. The three-story estate has 11 bedrooms and 14 bathrooms that span a penthouse and four three-bedroom apartments, each with a kitchen. The home also has a wine room, sauna and gym. It was originally listed for $8 million in June of last year.
Alex Schoenbaum built the Shoney's restaurant chain, which started with one small drive-in restaurant in West Virginia and mushroomed to 1,800 locations nationwide. His wife Betty was a dedicated philanthropist and passed away in 2018 at age 100.
The second home to recently fetch more than $6 million is a gleaming, ultra-contemporary home at 814 North Casey Key Road in Osprey that sold for $6.25 million. Built in 2011, it was designed by award-winning Sarasota architect Guy Peterson in collaboration with architect and interior designer Robert Couturier. Its clean, minimalist lines illustrate the Sarasota School of Architecture style.
Listed for $7.9 million in 2019, the home is situated on the barrier island's north end on more than an acre and has private beach access. The 6,552-square-foot, three-level residence also features four en-suite bedrooms, two half-baths, an office and an elevator. Multiple sun decks, a saltwater pool, and several reflection pools offer sweeping views of Sarasota Bay.
Premier Sotheby's International Realty represented the buyers in both sales.