$679,000
SOLD SEP 27, 2012

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

2 Beds
2.5 Baths
2,135 Sq Ft
$1,267/mo HOA Fee

Recently Sold

$318 Per Sq Ft

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

Wonderful Promenade penthouse with gorgeous views of the Gulf, Bay, sunset terrace and resort style pool from every room of this spacious single story, 2,135 sq. ft. residence. A marble foyer with huge skylight leads into the open living area featuring 10 ft. ceilings, marble fireplace and a separate dining area with wet bar and wine refrigerator. A large kitchen with separate dining space also has stunning views of the Gulf. This residence boats a large master bedroom with dressing area, two large walk-in closets and large master bathroom with dual sinks, Jacuzzi tub and separate shower. Two valuable parking spaces are ideally located close to the elevator. This gated community boasts some of the finest amenities on Longboat Key including; security, concierge, his & hers exercise rooms, his & hers party rooms, crafts rooms, beautiful lobby and a gorgeous Olympic sized pool/spa overlooking the beach, tennis and miles of white sand beach for walking and shelling. You are only minutes away from St. Armands Circle's shops and fine dining.

Last Agent to Sell the Property

HANNERLE MOORE, PA

LIMBO COMPANY SARASOTA ASSOC License #0636717 Listed on: 09/17/2012

Last Buyer's Agent

Brian Ward

LIMBO COMPANY SARASOTA ASSOC License #3062895

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 1985

Lot Details

  • Southwest Facing Home

HOA Fees

  • $1,267 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

  • 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

  • 2-Month Minimum Lease Term
  • 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

$7,003

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,267 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: From St. Armands Circle, go north on Gulf of Mexico Dr. to Promenade on the Gulf side.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 10
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 318.03
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Tax Year: 2011
  • Special Features: VirtualTour

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
  • 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: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 500

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Gated, No Truck/RV/Motorcycle Parking, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Security
  • Association: No
  • Security: Gated Community
  • Complex Community Name Nccb: PROMENADE
  • Association Fee Requirement: None
  • Building Name Number: 1211
  • Condo Fees: 3800

Fee Information

  • Total Annual Fees: 15200.00
  • Total Monthly Fees: 1266.67

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
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2012-09-27T00:00:00.000

Tax Info

  • Tax Annual Amount: 7003
  • 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
Total Days on Market
0
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 Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Warranty Deed $679,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
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

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Map

Source: Stellar MLS

MLS Number: A3965943

Stellar MLS

APN: 0009-11-1111