NOT LISTED FOR SALE

1125 Gulf of Mexico Dr Unit 404 Longboat Key, FL 34228

Estimated Value: $935,781 - $1,101,000

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

Last Sold November 05, 2019

Last sale price $450,000 $299 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,015/month

1,625 Days on Market

Highlights

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

About This Home

As of November 2019

Beautiful southern exposure, offering views of the Gulf of Mexico, Jr. Olympic sized swimming pool, the lake and beautifully landscaped grounds. With Approximately 1500 square feet, this is the largest two bedroom available in Beachplace. The interior is very light and bright with a tropical feel and the split floor plan allows for your guests privacy with access to their own seperate bath.

Last Agent to Sell the Property

Maggie Hicks

COLDWELL BANKER REALTY License #0542271 Listed on: 04/08/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

Michael Vaughn

PREFERRED SHORE LLC License #3397960

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1979

Lot Details

  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Mature Landscaping
  • Condo Land Included

HOA Fees

  • $965 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Lake

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, pest control, private road, recreational facilities, security, sewer, trash, water
  • Beachplace Office 383 4076 Association
  • Mid-Rise Condominium
  • Beachplace Community
  • Beachplace I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,967

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, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1503
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1642
  • Directions to Property: GMD to Beachplace on gulf side of road. Building three is to the right when you pull into the community.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4119470&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4119470&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.83333
  • Price per Sq Ft: 299.4
  • Close to Original List Price Ratio: 0.69231
  • Ratio: Current Price\Building Area Total: 274.06
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1125
  • Room Count: 7
  • Additional Rooms: Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial, Lake
  • Water Access: Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 100
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Beachplace Office 383-4076
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2895
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 965
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11580
  • Total Monthly Fees: 965

Schools

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

Lot Info

  • Zoning: R6MX
  • Parcel Number: 0010031085
  • Additional Parcels: No
  • Millage Rate: 15.19
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12

Tax Info

  • Tax Annual Amount: 6967
  • Tax Book Number: 1343-990
  • Tax Lot: PS183

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Nov 5, 2019
Sold by
Rocissano Frank J and Rocissano Maria A
Bought by
Sciuto Fred and Sciuto Connie
Seller's Agent
Maggie Hicks
COLDWELL BANKER REALTY
Buyer's Agent
Michael Vaughn
PREFERRED SHORE LLC
List Price
$540,000
Sold Price
$450,000
Premium/Discount to List
-$90,000
-16.67%
Current Estimated Value
$1,032,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,945
Avg. Annual Appreciation
15.32%
Original Mortgage
$360,000
Outstanding Balance
$318,686
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$714,259

Purchase Details

Closed on
Aug 18, 1994
Sold by
Battaglioli John L and Rocissano Maria A
Bought by
Rocissano Maria A

Purchase Details

Closed on
Mar 25, 1994
Sold by
Heger Joel S and Heger Fern
Bought by
Rocissano Frank J and Rocissano Maria
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
Sciuto Fred $450,000 Attorney
Rocissano Maria A -- --
Rocissano Frank J $71,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sciuto Fred $50,000
Open Sciuto Fred $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $450,000 -16.7% $299 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $540,000 0.0% $359 / Sq Ft
04/09/2019 04/09/19 For Sale $540,000 +20.0% $359 / Sq Ft
02/12/2019 02/12/19 Off Market $450,000 -- --
02/05/2019 02/05/19 Price Changed $555,000 -4.3% $369 / Sq Ft
01/02/2019 01/02/19 For Sale $580,000 +28.9% $386 / Sq Ft
12/29/2018 12/29/18 Off Market $450,000 -- --
04/23/2018 04/23/18 Price Changed $580,000 -3.2% $386 / Sq Ft
11/28/2017 11/28/17 Price Changed $599,000 -4.9% $399 / Sq Ft
08/24/2016 08/24/16 For Sale $630,000 +40.0% $419 / Sq Ft
08/21/2016 08/21/16 Off Market $450,000 -- --
04/22/2016 04/22/16 Price Changed $630,000 -1.6% $419 / Sq Ft
02/18/2016 02/18/16 Price Changed $640,000 -0.8% $426 / Sq Ft
01/25/2016 01/25/16 For Sale $645,000 0.0% $429 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/21/2015 12/21/15 Price Changed $645,000 -0.8% $429 / Sq Ft
04/08/2015 04/08/15 For Sale $650,000 -- $432 / 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 $5,574 $442,445 -- --
2023 $5,574 $429,558 $0 $0
2022 $5,481 $417,047 $0 $0
2021 $5,590 $404,900 $0 $404,900
2020 $5,655 $361,500 $0 $361,500
2019 $7,197 $476,900 $0 $476,900
2018 $0 $458,000 $0 $458,000
2017 $7,047 $460,400 $0 $460,400
2016 $7,185 $460,400 $0 $460,400
2015 $6,829 $437,300 $0 $437,300
2014 $6,376 $393,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maggie Hicks

    Seller's Agent in 2019

    Maggie Hicks

    COLDWELL BANKER REALTY

    (941) 321-1759

    24 in this area

    38 Total Sales

    Maggie Hicks
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Vaughn

    PREFERRED SHORE LLC

    (941) 735-6572

    5 Total Sales

    Michael Vaughn
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4119470

Stellar MLS

APN: 0010-03-1085

Florida Sarasota County Longboat Key 34228

1125 Gulf of Mexico Dr Unit 404, Longboat Key, FL

This home is located at 1125 Gulf of Mexico Dr Unit 404, Longboat Key, FL 34228 since 08 April 2015 and is currently estimated at $1,032,945, approximately $687 per square foot. This property was built in 1979. 1125 Gulf of Mexico Dr Unit 404 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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