NOT LISTED FOR SALE

Promenade 1211 Gulf of Mexico Dr Unit 1002 Longboat Key, FL 34228

Estimated Value: $2,483,000 - $2,943,000

3 Beds
3.5 Baths
2,665 Sq Ft
7.86 Acres

Last Sold January 15, 2021

Last sale price $1,970,000 $739 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,824/month

7 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Heated Spa

About This Home

As of January 2021

Spectacular panoramic views of the Gulf, Bay, & downtown Sarasota from this 2600 sq.ft. southern facing Penthouse! Live like you are on vacation in total luxury. A complete renovation was done from floors to ceiling and everything in between using only the highest quality of materials. Upon entering through the mahogany double doors you are struck by the sweeping views through the floor to ceiling windows wrapping around residence and opening on to various private balconies.. Interior features include high ceilings, skylights, top quality custom granite counters, finely detailed woodwork, electronic shades, high end bath fixtures, quality kitchen appliances, custom moldings, sound system, to name only a few. Community features include 6 1/2 acres direct gulf front, 24 hour manned guard gate, concierge staff, onsite manager, under building parking with 2 reserved spaces, his and her fitness & spa centers, Hunt Club & Tea Room for special events, one of the largest heated gulf front pools on the island, tennis courts, shuffle board courts, and outdoor dining pavilions with grills. The building has also just gone though a complete update of all the common areas that will rival the best of new construction.

Last Agent to Sell the Property

Linda Weber

COLDWELL BANKER REALTY License #0590601 Listed on: 10/29/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0654389

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,754

Year Built

  • Built in 1985

Lot Details

  • South Facing Home
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Portico
  • Garage Door Opener
  • Secured Garage or Parking
  • Reserved Parking

Property Views

  • Golf Course

Home Design

  • Membrane Roofing
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,665 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Skylights
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Utility Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Home Security

  • Security Lights
  • Security Gate

Pool

  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Cooling
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot PH100
  • Assessor Parcel Number 0009111108

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • 383 8893 Association
  • Promenade Community
  • On-Site Maintenance
  • Association Approval Required
  • Association Owns Recreation Facilities
  • 10-Story Property

Amenities

  • Sauna
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Shuffleboard Court
  • Community Spa

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,754

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: End Unit, High Rise
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 2665.00
  • Lot Size Acres: 7.86
  • Year Built: 1985
  • Building Area Total: 3003.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482166?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482166?w=Customer
  • Lot Size Sq Ft: 342292
  • Building Search Sq Meters: 278.99
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482166?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Floor Number: 10
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Window Treatments
  • Living Area Meters: 247.59

Exterior Features

  • Direction Faces: South
  • Other Structures: Gazebo
  • Water Access: Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Concrete, Membrane
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Gulf/Ocean to Bay
  • Flood Zone Code: VE
  • Water Access: Yes
  • View: City, Golf Course, Water
  • Patio and Porch Features: Wrap Around

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Portico, Reserved, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Underground Utilities, Water Connected
  • Cooling: Zoned
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Promenade
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Building Name Number: PROMENADE
  • Condo Fees: 4100
  • Condo Fees Term: Quarterly
  • Condo Land Included: Yes
  • Monthly Condo Fee Amount: 1367
  • Association Amenities: Clubhouse, Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: 383-8893
  • Phone: 383-8893
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage / Parking, Security Gate, Security Lights, Smoke Detector(s)
  • Association Email: office@1211 pcoa.com
  • Association Website: http://www,promenadelkb.com

Fee Information

  • Total Annual Fees: 16400.00
  • Total Monthly Fees: 1366.67

Schools

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

Lot Info

  • Total Acreage: 5 to less than 10
  • Parcel Number: 0009111108
  • Lot Features: FloodZone
  • Lot Size Square Meters: 31800

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: No Pets
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Submit application , See Condo Documents

Tax Info

  • Tax Annual Amount: 17753.87
  • Tax Book Number: 25-1
  • Tax Lot: PH100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Jimenez Julia R and Jimenez Manuel J
Bought by
Jimenez Manuel J and Jimenez Julia R
Current Estimated Value
$2,705,272

Purchase Details

Closed on
May 20, 2021
Sold by
Jimenez Manuel Jesus and Jimenez Jula Rosa
Bought by
Jimenez Manuel J and Jimenez Julia R

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 15, 2021
Sold by
Kilgore William D and Kilgore Christa S
Bought by
Jimenez Manuel Jesus and Jimenez Julia Rosa
Seller's Agent
Linda Weber
COLDWELL BANKER REALTY
Buyer's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,995,000
Sold Price
$1,970,000
Premium/Discount to List
-$25,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Gaccione Paula
Bought by
Kilgore William D and Kilgore Christa S

Purchase Details

Closed on
Apr 18, 2003
Sold by
Schwartz Sonia W
Bought by
Gaccione Paula

Purchase Details

Closed on
Nov 4, 2001
Sold by
Schwartz William B
Bought by
Schwartz William B and Schwartz Arthur Jay

Purchase Details

Closed on
Nov 4, 1998
Sold by
Schwartz William B and Schwartz Sonia W
Bought by
Schwartz William B
Source: Public Records

Range of Values:

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List Price
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
Jimenez Manuel J $100 --
Jimenez Julia R $100 --
Jimenez Manuel J -- Accommodation
Jimenez Manuel Jesus $1,970,000 Attorney
Kilgore William D $1,400,000 Attorney
Gaccione Paula $975,000 --
Schwartz William B -- --
Schwartz William B -- --
Schwartz Sonia W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $1,970,000 -1.3% $739 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,995,000 -- $749 / 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 $25,010 $1,917,152 -- --
2023 $25,010 $1,861,313 $0 $0
2022 $24,631 $1,807,100 $0 $1,807,100
2021 $18,129 $1,260,500 $0 $1,260,500
2020 $16,571 $1,093,900 $0 $1,093,900
2019 $17,754 $1,203,500 $0 $1,203,500
2018 $17,164 $1,154,800 $0 $1,154,800
2017 $17,187 $1,128,821 $0 $0
2016 $16,732 $1,154,600 $0 $1,154,600
2015 $14,784 $960,800 $0 $960,800
2014 $13,748 $771,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4482166

Stellar MLS

APN: 0009-11-1108