$795,000
SOLD APR 2, 2012

Promenade 1211 Gulf of Mexico Dr Unit 1003 Longboat Key, FL 34228

3 Beds
3.5 Baths
2,612 Sq Ft
$1,165/mo HOA Fee

Recently Sold

$304 Per Sq Ft

273 Days on Market

About This Home

As of February 2023

When only a PENTHOUSE will do! A sky lit marble foyer leads into an open living area featuring 10 ft ceilings and Sunset terrace overlooking the Gulf, a Resort Style Pool and Sarasota Bay.This single story 2,612 sq ft. residence is currently laid out as a 2 bedroom, 3 full baths with the possibilities of a 13 x 12 Den/3 Bedroom. Note the attached original developer floor plan. Be wowed by the gracious 16 x 28 master suite with a private Gulf terrace, 2 walk-in closets and marble bath. Highlights include a totally remodeled eat-in kitchen, a separate dining area with wet bar, and marble fireplace. All doors and windows have a complete set of hurricane shutters. Two valuable garage parkingspaces are ideally located close to the elevator. Enjoy a full service building with concierge services 24 hr. guard security, lit tennis courts, his/her fitness center, casual and formal entertaining rooms and art center make this one of THE BEST VALUESon the south end Longboat Key.

Last Agent to Sell the Property

Barbara Ackerman

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0264324 Listed on: 05/17/2011

COLDWELL BANKER REALTY

Last Buyer's Agent

Taube Levitt

License #0580925

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,265

Year Built

1985

Lot Details

0

HOA Fees

$1,165 per month

Parking

2

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2612
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2912
  • Directions to Property: Gulf of Mexico Drive to 1211 on Beach side, through guard gate.
  • Status: Sold
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 10
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 304.36
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Property Description: High Rise,Penthouse
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Street Number Modifier: 1211
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Inside Utility
  • Living Area Meters: 242.66
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial,Beach,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Secured, Underground

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 3494
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking
  • Association Fee Requirement: Required
  • Building Name Number: PROMENADE

Fee Information

  • Total Annual Fees: 13976.00
  • Total Monthly Fees: 1164.67

Schools

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

Lot Info

  • Parcel Number: 0009111109
  • Additional Parcels: No
  • Lot Features: Paved
  • Homestead YN: 1
  • Future Land Use: 0405

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2012-04-02T00:00:00.000

Tax Info

  • Tax Annual Amount: 8737
  • Tax Book Number: 0025/0001
  • Tax Lot: 1003

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Feb 28, 2023
Sold by
Hatton Family Holdings Llc
Bought by
Tolton Real Estate Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Chris McKee
VUE REALTY, LLC
List Price
$3,350,000
Sold Price
$3,350,000
Current Estimated Value
$2,947,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$402,258
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Jun 9, 2020
Sold by
Davidson Lois S
Bought by
Davidson Lois S and Davidson Andrew W

Purchase Details

Listed on
May 17, 2011
Closed on
Apr 2, 2012
Sold by
Love Claire
Bought by
Davidson Carl B and Davidson Lois S
Seller's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Taube Levitt
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,350,000 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $795,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $3,350,000 0.0% $1,283 / Sq Ft
02/28/2023 02/28/23 For Sale $3,350,000 +71.8% $1,283 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
03/10/2022 03/10/22 Sold $1,950,000 -2.3% $747 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $1,995,000 +150.9% $764 / Sq Ft
04/02/2012 04/02/12 Sold $795,000 0.0% $304 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $795,000 -- $304 / 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 $24,265 $2,380,900 -- $2,380,900
2023 $24,265 $1,767,800 $0 $1,767,800
2022 $20,300 $1,454,100 $0 $1,454,100
2021 $11,308 $799,075 $0 $0
2020 $11,434 $788,042 $0 $0
2019 $10,907 $770,325 $0 $0
2018 $10,771 $755,962 $0 $0
2017 $10,652 $740,413 $0 $0
2016 $10,633 $960,800 $0 $960,800
2015 $10,659 $799,600 $0 $799,600
2014 $10,657 $702,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3943632

Stellar MLS

APN: 0009-11-1109