$1,950,000
SOLD MAR 10, 2022

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

3 Beds
3.5 Baths
2,612 Sq Ft
$1,433/mo HOA Fee

Recently Sold

$747 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Ocean or Gulf Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of February 2023

Penthouse living at the Promenade! This tenth-floor penthouse residence is a rarity, flourishing in gorgeous sunny views of the Gulf of Mexico and lush community grounds. Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 02/13/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY License #3436836

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,308

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,433 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Custom Home
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,612 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Covered patio or porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Water Filtration System
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, private road, recreational facilities, security, sewer, trash, water
  • Promenade Condo Association, Phone Number (941) 383-8893
  • Promenade Subdivision, Penthouse I Floorplan
  • Promenade Community
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • 10-Story Property

Amenities

  • Sauna
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Shuffleboard Court
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,308

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,433 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 2612
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2932
  • Directions to Property: Gulf of Mexico Dr to 1200 block, community is on the Gulf (west) side.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 10
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 746.55
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,High Rise,Penthouse
  • Water Frontage Feet Beach: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 10
  • Street Number Modifier: 1211
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 242.66
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Side Porch
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 2
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0126F
  • Water Frontage Feet Gulf Ocean: 1
  • Water Frontage Feet Beach Pub: 1

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Oversized, Portico, Under Building

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Golf, Pool, Sidewalks, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Name: PROMENADE CONDO ASSOCIATION
  • Phone: 941-383-8893
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Building Name Number: PROMENADE
  • Condo Fees: 4300
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1433

Fee Information

  • Total Annual Fees: 17200.00
  • Total Monthly Fees: 1433.33

Lot Info

  • Parcel Number: 0009111109
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, FloodZone, In County, Near Golf Course, Near Marina, Sidewalk, Private
  • Flood Zone Code: VE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE DOCUMENTS

Tax Info

  • Tax Annual Amount: 11308
  • Tax Book Number: 25-1
  • Tax Lot: 1003

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: SEE DOCUMENTS

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
$2,904,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$445,001
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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Range of Values:

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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

  • S

    Seller's Agent in 2023

    Stellar Non-Member Agent

    FL_MFRMLS

    Section Image

  • C

    Buyer's Agent in 2023

    Chris McKee

    VUE REALTY, LLC

    (352) 600-2018

    2 in this area

    6 Total Sales

    Section Image
  • Roger Pettingell

    Seller's Agent in 2022

    Roger Pettingell

    COLDWELL BANKER REALTY

    (941) 387-1840

    170 in this area

    365 Total Sales

    Section Image
  • Steve and Janet Walter

    Buyer's Agent in 2022

    Steve and Janet Walter

    Michael Saunders

    (941) 809-0907

    53 in this area

    64 Total Sales

    Section Image
  • Janet Walter

    Buyer Co-Listing Agent in 2022

    Janet Walter

    Michael Saunders

    (941) 232-2000

    64 in this area

    80 Total Sales

    Section Image
  • Barbara Ackerman

    Seller's Agent in 2012

    Barbara Ackerman

    COLDWELL BANKER REALTY

    (941) 387-1820

    2 Total Sales

    Section Image
See All Agents

About Promenade

Map

Source: Stellar MLS

MLS Number: A4524402

Stellar MLS

APN: 0009-11-1109

Florida Sarasota County Longboat Key 34228

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

This home is located at 1211 Gulf of Mexico Dr Unit 1003, Longboat Key, FL 34228 and is currently priced at $1,950,000, approximately $746 per square foot. This property was built in 1985. 1211 Gulf of Mexico Dr Unit 1003 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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