NOT LISTED FOR SALE

Privateer Condo 1000 Longboat Club Rd Unit 1101 Longboat Key, FL 34228

Estimated Value: $1,580,000 - $1,676,000

3 Beds
2 Baths
1,736 Sq Ft
1.92 Acres

Last Sold March 22, 2019

Last sale price $1,150,000 $662 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,372/month

16 Days on Market

Highlights

  • 280 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Private Beach
  • Penthouse

About This Home

As of March 2019

Direct Gulf Front Views from every room of this rarely-available, sky-high,3 Bedroom/2 Bath/2 Balcony corner Penthouse in Privateer South. Complete renovation (down to the studs) and modern, custom finishes throughout. Well-appointed and move-in ready! Wake up to view the sunrise over Sarasota Bay, dolphins playing in the surf, spend the day on your private beach, relax as sunsets paint the sky over the Gulf, then turn your gaze to the lights of downtown Sarasota. Private road, gated security, concierge and management on site. Master bedroom is spacious, en suite and boasts tremendous views. Second bedroom currently used as library. Third bedroom has built-in office and Murphy bed. Kitchen is spectacular with stone walls, custom lit art glass bar, granite countertops, and custom cabinets. Impact glass throughout, in-unit full-size washer/dryer, solid doors and hardware, custom onyx floor entry. Too many custom features to list-this unit is a must see! Sleek lobby and plentiful amenities- Olympic-sized pool, tennis, pickleball, spa, fire pit, fitness room, guest apartments, social room with catering kitchen, covered and guest parking, additional storage unit. Poolside kitchen is planned. True residential building-minimal rentals. Steps from Longboat Key Club island-side golf course, close to boutiques and restaurants of St. Armands and a short drive to the arts, culture and adult education offerings of Sarasota. All the necessities nearby.

Last Agent to Sell the Property

Caroline Amory

COLDWELL BANKER REALTY License #3254016 Listed on: 01/25/2019

COLDWELL BANKER REALTY

Co-Listed By

Marjorie Floyd

COLDWELL BANKER REALTY License #3306592

Last Buyer's Agent

Caroline Amory

COLDWELL BANKER REALTY License #3254016 Listed on: 01/25/2019

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,199

Year Built

  • Built in 1972

Lot Details

  • Private Beach
  • West Facing Home
  • Irrigation

Home Design

  • Penthouse
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,736 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Brick
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • $168 Other Monthly Fees
  • Pcm Inc (941) 921 5393. Association, Phone Number (941) 921-5393
  • Privateer South Community
  • Privateer South Subdivision
  • Rental Restrictions
  • 11-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,199

Year Built

Built in 1972

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1736
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1836
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to the traffic light. Turn left at Longboat Club Road. Stop and identify yourself at the guard gate proceed to Privateer South.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4424972&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4424972&cview=true&show_results=true&customer_portal=true
  • Floor Number: 11
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Other Fees Amount: 504
  • Property Description: Penthouse
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 662.44
  • Ratio: Current Price\Building Area Total: 626.36
  • View: Yes
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Laminate, Other
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 11
  • Street Number Modifier: 1000
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0128F
  • Waterfront Frontage: 280
  • Water Frontage Feet Gulf Ocean: 280

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: PCM inc (941) 921-5393.
  • Phone: (941) 921-5393.
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2608
  • Condo Fees Term: Quarterly
  • Other Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 869
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Lot Info

  • Zoning: GPD
  • Parcel Number: 0010061056
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Application
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 2 years of ownership.Minimum 3 months, and 3 times a year max.

Tax Info

  • Tax Annual Amount: 10199
  • Tax Book Number: 6-25
  • Tax Lot: 1101

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Cochrane John G and Cochrane Kathleen M
Bought by
Cochrane Family Living Trust and Cochrane
Current Estimated Value
$1,643,069

Purchase Details

Listed on
Jan 25, 2019
Closed on
Mar 22, 2019
Sold by
Jesiolowski Carole and Flanagan Judy C
Bought by
Cochrane John G and Cochrane Kathleen C
Seller's Agent
Caroline Amory
COLDWELL BANKER REALTY
Buyer's Agent
Caroline Amory
COLDWELL BANKER REALTY
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$805,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2008
Sold by
Lipson Eleanor S
Bought by
Flanagan Judy C and Jesiolowski Carole

Purchase Details

Closed on
Sep 9, 2005
Sold by
Lipson Eleanor S
Bought by
Lipson Eleanor S

Purchase Details

Closed on
Jan 10, 1997
Sold by
Moeller Arne B
Bought by
Lipson Nathan and Lipson Eleanor S
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochrane Family Living Trust $100 Paulter Kristina
Cochrane John G $1,150,000 Attorney
Flanagan Judy C $872,800 Attorney
Lipson Eleanor S -- --
Lipson Nathan $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cochrane John G $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $1,150,000 0.0% $662 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $1,150,000 0.0% $662 / Sq Ft
01/25/2019 01/25/19 Off Market $1,150,000 -- --
01/25/2019 01/25/19 For Sale $11,150 -- $6 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,752 $1,587,700 -- $1,587,700
2023 $20,752 $1,567,300 $0 $1,567,300
2022 $15,325 $1,246,000 $0 $1,246,000
2021 $13,213 $909,700 $0 $909,700
2020 $13,029 $874,200 $0 $874,200
2019 $10,329 $748,965 $0 $0
2018 $10,199 $735,000 $0 $735,000
2017 $10,453 $702,100 $0 $702,100
2016 $10,585 $702,100 $0 $702,100
2015 $10,200 $677,500 $0 $677,500
2014 $9,007 $531,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4424972

Stellar MLS

APN: 0010-06-1056