NOT LISTED FOR SALE

1145 Gulf of Mexico Dr Unit 202 Longboat Key, FL 34228

Estimated Value: $1,142,000 - $1,315,000

2 Beds
2 Baths
1,392 Sq Ft
$988/mo HOA Fee

Last Sold April 29, 2019

Last sale price $730,000 $524 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,701/month

285 Days on Market

Highlights

  • 1,400 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Heated Spa

About This Home

As of April 2019

Direct beachfront location boasts beautiful gulf views and captivating sunsets just steps away from the white sand beach. This 2 bedroom vacation paradise has been recently renovated with brand new cabinetry, granite counter tops and an opened kitchen, as well as granite vanities, lighting and shower tiling in the master bath and fresh paint throughout. The water heater was replaced in 2018 and the HVAC system in 2017. There is excellent income potential with a one month lease minimum, 12 times a year and a couple of rentals already in place, including Jan – March 2019 for $28,477. Both bedrooms have newer carpeting and are split from each other for added privacy. Additional features include electric storm shutters for the sliders in the living room, generous closet space and newer stainless steel appliances in the kitchen. Beachplace offers a 24 hour manned guard gate, heated swimming pool & spa, tennis courts, fitness center, clubhouse, on-site management and 1,400 lineal feet of beach to relax, enjoy and explore.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 06/18/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Michael Renick

MANGROVE REALTY ASSOCIATES License #3241900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,309

Year Built

  • Built in 1980

Lot Details

  • 1,400 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $988 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,392 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Open Parking
  • Assigned Parking

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, gas, insurance, maintenance structure, manager, pool maintenance, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Beachplace Condos
  • Beachplace Community
  • Beachplace I Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,309

Year Built

Built in 1980

Lot Details

0

HOA Fees

$988 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1392
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1531
  • Directions to Property: From St. Armands north on Gulf of Mexico Drive just past Longboat Club Road north entrance on the left. Take right after security gate and follow road to the end. Building 1 is northernmost beachfront building.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406041&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406041&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 7478
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97463
  • Price per Sq Ft: 524.43
  • Close to Original List Price Ratio: 0.87216
  • Ratio: Current Price\Building Area Total: 476.81
  • 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: Living Room/Dining Room Combo, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1145
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 1400
  • Water Frontage Feet Beach Pub: 700
  • Water Frontage Feet Gulf Ocean: 700
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2965
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 988
  • Complex Community Name NCCB: BEACHPLACE
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11860
  • Total Monthly Fees: 988.33

Schools

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

Lot Info

  • Parcel Number: 0010031007
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit
  • Millage Rate: 15
  • Flood Zone Code: VE
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: see condo docs
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see condo docs

Tax Info

  • Tax Annual Amount: 8309
  • Tax Block: 1
  • Tax Book Number: 0013/0029
  • Tax Lot: 202

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Lighter Daniel
Bought by
Jober Holdings Inc
Current Estimated Value
$1,242,108

Purchase Details

Listed on
Jun 18, 2018
Closed on
Apr 29, 2019
Sold by
Dann David B and Dann Leslee E
Bought by
Lighter Daniel
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$837,000
Sold Price
$730,000
Premium/Discount to List
-$107,000
-12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Nov 30, 2015
Sold by
Domus Partners Llc
Bought by
Dann David B and Dann Leslee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2012
Sold by
Kington John H and Kington Carmon
Bought by
Domus Partners Llc

Purchase Details

Closed on
Jul 30, 1998
Sold by
Dawson Paul D and Dawson Patricia J
Bought by
Kington John H and Kington Carmon

Purchase Details

Closed on
Dec 20, 1996
Sold by
Sparks Kingston H and Sparks Jacqueline B
Bought by
Dawson Paul D and Dawson Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.65%
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
Jober Holdings Inc $730,000 Attorney
Lighter Daniel $730,000 Attorney
Dann David B $737,500 Attorney
Domus Partners Llc $522,500 Attorney
Kington John H $392,000 --
Dawson Paul D $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dann David B $553,000
Previous Owner Dawson Paul D $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $730,000 -2.5% $524 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $749,000 -6.3% $538 / Sq Ft
11/16/2018 11/16/18 Price Changed $799,000 -4.5% $574 / Sq Ft
06/18/2018 06/18/18 For Sale $837,000 -- $601 / 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 $13,519 $884,316 -- --
2023 $13,345 $1,154,200 $0 $1,154,200
2022 $12,131 $1,017,000 $0 $1,017,000
2021 $9,918 $664,400 $0 $664,400
2020 $9,885 $645,300 $0 $645,300
2019 $8,581 $572,200 $0 $572,200
2018 $8,308 $549,600 $0 $549,600
2017 $8,426 $553,000 $0 $553,000
2016 $8,591 $553,000 $0 $553,000
2015 $8,203 $525,300 $0 $525,300
2014 $7,659 $472,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Addy, PA

    Seller's Agent in 2019

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    90 in this area

    114 Total Sales

    Ian Addy, PA
    Section Image
  • Michael Renick

    Buyer's Agent in 2019

    Michael Renick

    MANGROVE REALTY ASSOCIATES

    (941) 400-8735

    78 in this area

    123 Total Sales

    Michael Renick
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4406041

Stellar MLS

APN: 0010-03-1007

Florida Sarasota County Longboat Key 34228

1145 Gulf of Mexico Dr Unit 202, Longboat Key, FL

This home is located at 1145 Gulf of Mexico Dr Unit 202, Longboat Key, FL 34228 since 18 June 2018 and is currently estimated at $1,242,108, approximately $892 per square foot. This property was built in 1980. 1145 Gulf of Mexico Dr Unit 202 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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