NOT LISTED FOR SALE

Promenade 1211 Gulf of Mexico Dr Unit 1005 Longboat Key, FL 34228

Estimated Value: $1,677,000 - $2,038,000

2 Beds
2.5 Baths
2,135 Sq Ft
$2,500/mo HOA Fee

Last Sold January 16, 2024

Last sale price $2,000,000 $937 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $13,901/month

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of January 2024

Entry to record sale data only.

Last Agent to Sell the Property

Ryan Ackerman

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0695084 Listed on: 01/16/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Ryan Ackerman

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0695084 Listed on: 01/16/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,700

Year Built

  • Built in 1985

Lot Details

  • Southwest Facing Home

HOA Fees

  • $2,500 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,135 Sq Ft Home
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Covered patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1005
  • Assessor Parcel Number 0009111111

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Promenade Condos
  • Promenade Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • 10-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,700

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,500 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2135
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2325
  • Directions to Property: Longboat Key Gulf of Mexico Drive to Promenade at 1211 on West (Gulf) side.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 10
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 936.77
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Skylight(s), Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1211
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 198.35
  • Room Count: 6

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Exterior Features: Sliding Doors, Storage
  • Roof: Other
  • 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: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Underground

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Elevator(s), Fitness Center, Gated, Security
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: PROMENADE
  • Association Fee Requirement: None
  • Building Name Number: 1211
  • Condo Fees: 7500
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2500

Fee Information

  • Total Annual Fees: 30000.00
  • Total Monthly Fees: 2500.00

Schools

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

Lot Info

  • Parcel Number: 0009111111
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenants no pets

Tax Info

  • Tax Annual Amount: 9700
  • Tax Book Number: 0025/0001
  • Tax Lot: 1005

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Jan 16, 2024
Sold by
Vandervorm Jacob and Vandervorm Patricia
Bought by
Robert Stanley Russell Revocable Trust and Russell
Seller's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$1,894,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,673
Avg. Annual Appreciation
-3.80%
Original Mortgage
$1,000,000
Outstanding Balance
$987,134
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$907,193

Purchase Details

Listed on
Sep 17, 2012
Closed on
Sep 27, 2012
Sold by
Berger Eileen D
Bought by
Vander Vorm Jacob and Van Der Vorm Patricia
Seller's Agent
HANNERLE MOORE, PA
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Brian Ward
LIMBO COMPANY SARASOTA ASSOC
List Price
$679,000
Sold Price
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Aug 22, 2012
Sold by
Berger Eileen D
Bought by
Berger Eileen D
Seller's Agent
HANNERLE MOORE, PA
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Brian Ward
LIMBO COMPANY SARASOTA ASSOC
List Price
$679,000
Sold Price
$679,000

Purchase Details

Closed on
Apr 19, 1996
Sold by
Berger Eileen D and Berger Sam D
Bought by
Berger Eileen D
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 Buyer Sale Price Title Company
Robert Stanley Russell Revocable Trust $2,000,000 None Listed On Document
Vander Vorm Jacob $679,000 Attorney
Berger Eileen D -- Attorney
Berger Eileen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocab Robert Stanley Russell $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $2,000,000 0.0% $937 / Sq Ft
01/16/2024 01/16/24 For Sale $2,000,000 +194.6% $937 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
09/27/2012 09/27/12 Sold $679,000 0.0% $318 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $679,000 -- $318 / 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 $9,701 $770,246 -- --
2023 $9,701 $747,812 $0 $0
2022 $9,544 $726,031 $0 $0
2021 $9,753 $704,884 $0 $0
2020 $9,863 $695,152 $0 $0
2019 $9,394 $679,523 $0 $0
2018 $9,274 $666,853 $0 $0
2017 $9,160 $653,137 $0 $0
2016 $9,142 $854,400 $0 $854,400
2015 $9,333 $711,300 $0 $711,300
2014 $9,331 $620,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Ackerman

    Seller's Agent in 2024

    Ryan Ackerman

    COLDWELL BANKER REALTY

    (305) 205-7700

    80 in this area

    182 Total Sales

    Ryan Ackerman
    Section Image

  • H

    Seller's Agent in 2012

    HANNERLE MOORE, PA

    LIMBO COMPANY SARASOTA ASSOC

  • B

    Buyer's Agent in 2012

    Brian Ward

    LIMBO COMPANY SARASOTA ASSOC

See All Agents

About Promenade

Map

Source: Stellar MLS

MLS Number: J971204

Stellar MLS

APN: 0009-11-1111

Florida Sarasota County Longboat Key 34228

1211 Gulf of Mexico Dr Unit 1005, Longboat Key, FL

This home is located at 1211 Gulf of Mexico Dr Unit 1005, Longboat Key, FL 34228 since 16 January 2024 and is currently estimated at $1,894,327, approximately $887 per square foot. This property was built in 1985. 1211 Gulf of Mexico Dr Unit 1005 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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