NOT LISTED FOR SALE

Beachplace 1125 Gulf of Mexico Dr Unit 204 Longboat Key, FL 34228

Estimated Value: $938,267 - $1,180,000

2 Beds
2 Baths
1,503 Sq Ft
$965/mo HOA Fee

Last Sold October 17, 2019

Last sale price $417,500 $278 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $7,524/month

515 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Public Beach
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of October 2019

A perfect getaway or investment property in the Beachplace condominium residence, this 1,503 square-foot, 2-bedroom, 2-bath unit is clean and bright with a southern exposure overlooking the well-manicured pond and easily accessible pool and beach. Brand new AC! Perfectly located on the south end of Longboat Key, you are minutes from St. Armands, downtown Sarasota, SRQ Airport and much, much more. Beachplace offers on-site management, 24-hour security, a Jr. Olympic-sized swimming pool, and newly designed hot tub area. There are lighted tennis courts, a fitness center and gas grills for the community use.

Last Agent to Sell the Property

Lisa Rooks Morris

DOUGLAS ELLIMAN License #3042565 Listed on: 04/11/2018

DOUGLAS ELLIMAN

Last Buyer's Agent

Brooke O'Malley

CLUB REALTY License #3055741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 1979

Lot Details

  • Public Beach
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $965 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Washer and Dryer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outside Bathroom Access
  • Heated Spa

Outdoor Features

  • Access To Pond
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Beachplace Community
  • Beachplace I Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,773

Year Built

Built in 1979

Lot Details

0

HOA Fees

$965 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1503
  • New Construction: No
  • Year Built: 1979
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Kitchen, Accessible Washer/Dryer
  • Building Area Total: 1575
  • Directions to Property: From St. Armands take Gulf of Mexico Drive past Longboat Key Club to Beachplace entrance. Through the gate to the right. Building on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4215176?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4215176?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.89019
  • Price per Sq Ft: 277.78
  • Close to Original List Price Ratio: 0.72107
  • Ratio: Current Price\Building Area Total: 265.08
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Shades
  • Street Number Modifier: 1125
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: Yes
  • View: Golf Course
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Gulf/Ocean - Partial, Pond
  • Water Access: Beach - Public, Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Reserved
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Pool, Security, Tennis Court(s)
  • Association Fee: 2894.5
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11578
  • Monthly HOA Fee: 964.83
  • Total Monthly Fees: 964.83

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 0010031075
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Association Approval Required
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association Approval Required

Tax Info

  • Tax Annual Amount: 6773
  • Tax Block: 3
  • Tax Book Number: 1343-990
  • Tax Lot: PS191

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Oct 16, 2019
Sold by
Grunstein Michael and Grunstein Judith
Bought by
Pivnick Samuel and Pivnick Lucie
Seller's Agent
Lisa Rooks Morris
DOUGLAS ELLIMAN
Buyer's Agent
Brooke O'Malley
CLUB REALTY
List Price
$529,000
Sold Price
$417,500
Premium/Discount to List
-$111,500
-21.08%
Current Estimated Value
$1,076,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,317
Avg. Annual Appreciation
18.07%

Purchase Details

Closed on
Oct 16, 1995
Sold by
Grunstein Michael M and Grunstein Judith S
Bought by
Grunstein Michael M and Grunstein Judith S

Purchase Details

Closed on
Nov 15, 1994
Sold by
Westerkamp David A and Westerkamp Jeanne M
Bought by
Grunstein Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.84%
Source: Public Records

Range of Values:

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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
Pivnick Samuel $427,500 Desharlais Law & Title
Grunstein Michael M -- --
Grunstein Michael M $236,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grunstein Michael M $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $417,500 -11.0% $278 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
05/29/2019 05/29/19 Price Changed $469,000 -6.0% $312 / Sq Ft
04/23/2019 04/23/19 Price Changed $499,000 -5.7% $332 / Sq Ft
01/02/2019 01/02/19 For Sale $529,000 +26.7% $352 / Sq Ft
01/01/2019 01/01/19 Off Market $417,500 -- --
11/26/2018 11/26/18 Price Changed $529,000 -3.6% $352 / Sq Ft
09/13/2018 09/13/18 Price Changed $549,000 -5.2% $365 / Sq Ft
04/02/2018 04/02/18 For Sale $579,000 -- $385 / 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 $8,839 $529,739 -- --
2023 $8,839 $810,800 $0 $810,800
2022 $7,979 $705,700 $0 $705,700
2021 $5,866 $388,400 $0 $388,400
2020 $5,456 $348,100 $0 $348,100
2019 $6,996 $463,100 $0 $463,100
2018 $6,773 $444,700 $0 $444,700
2017 $6,787 $442,900 $0 $442,900
2016 $6,919 $442,900 $0 $442,900
2015 $6,571 $420,800 $0 $420,800
2014 $6,136 $378,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4215176

Stellar MLS

APN: 0010-03-1075