Promenade 1211 Gulf of Mexico Dr Unit 204 Longboat Key, FL 34228
Estimated Value: $791,000 - $1,369,000
2
Beds
2
Baths
1,585
Sq Ft
$1,300/mo
HOA Fee
Highlights
- 300 Feet of Waterfront
- Beach View
- Private Beach
- Southside Elementary School Rated A
- Water access To Gulf or Ocean
- Fitness Center
About This Home
As of April 2021This luxury building is in high demand for rental throughout the year and if you are not ready to be here yet what an opportunity. Water views are even more spectacular in person. Located on 9 acres with gorgeous lush foliage and just 112 Residents. Floor to ceiling windows and high ceilings with clear glass railing to enjoy the entire view from inside your home. The Promenade beautifully positioned on the Gulf has been completely updated. New lobby and corridors, 24 hour manned security gated entry, full concierge services, on –site manager, Game room and Club room have just been beautifully renovated, fitness center, Art/Crafts room, Library, men and women’s health clubs, four Har-Tru tennis courts, Gulf-side heated resort swimming pool and spa, outdoor gazebo area. Private gated entry to the beach with lounge chairs and tiki huts. This tastefully decorator turnkey furnished condo with southern exposure and expansive windows has views from every room over the gardens and out to the blue waters of the Gulf of Mexico. Second bedroom is currently being used as a den. Located on the southern end of Longboat Key for easy access to St Armand’s and downtown Sarasota. Excellent split floor plan with an abundance of closet space for part time or full-time residency. Additional locked storage space. Designated Garage parking. Wood floors throughout and updated kitchen with stainless appliances and Sub-Zero refrigerator.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3102504 Listed on: 11/18/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,988
Year Built
- Built in 1985
Lot Details
- Private Beach
- Public Beach
- South Facing Home
HOA Fees
- $1,300 Monthly HOA Fees
Parking
- 1 Car Garage
Property Views
Home Design
- 1,585 Sq Ft Home
- Slab Foundation
- Block Exterior
- Stucco
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water access To Gulf or Ocean
- Deck
- Covered patio or porch
Schools
- Southside Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 204
- Assessor Parcel Number 0009111016
Community Details
Overview
- Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, manager, sewer, trash, water
- Progressive Association, Phone Number (941) 383-8893
- High-Rise Condominium
- Promenade Community
- Promenade Subdivision
- The community has rules related to deed restrictions
- Rental Restrictions
- 11-Story Property
Recreation
Pet Policy
- No Pets Allowed
Additional Features
- Elevator
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2019
Closed on
Apr 2, 2021
Sold by
Mcsurdy Forrest G
Bought by
Tabb James P and Tabb Cathy S
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$609,000
Premium/Discount to List
-$90,000
-12.88%
Total Days on Market
418
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,928
Avg. Annual Appreciation
16.38%
Purchase Details
Closed on
Sep 30, 2016
Sold by
Glorius David A
Bought by
Mcsurdy Forrest G
Purchase Details
Listed on
Jul 13, 2011
Closed on
Apr 2, 2012
Sold by
Thorne Kyle S
Bought by
Glorius David A
Buyer's Agent
Daniel Jasmer
FINE PROPERTIES
List Price
$400,000
Sold Price
$400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Purchase Details
Closed on
Aug 30, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Thorne Kyle S
Purchase Details
Closed on
Jun 2, 2010
Sold by
Pike Charles D and Pike Beverly D
Bought by
Wells Fargo Bank National Association
Purchase Details
Closed on
Jun 17, 2005
Sold by
Cassis Mark F and Cassis Kitty M
Bought by
Pike David and Pike Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 15, 2002
Sold by
Muehlbach Robert C and Muehlbach Alice M
Bought by
Cassis Mark F and Cassis Kitty M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.98%
Purchase Details
Closed on
Mar 30, 2000
Sold by
Winn Sam A and Winn Susan E
Bought by
Muehlbach Robert C and Muehlbach Alice M
Purchase Details
Closed on
Feb 5, 1996
Sold by
Lyons William E and Lyons Doris M
Bought by
Winn Sam A and Winn Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
Similar Homes in Longboat Key, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tabb James P | $609,000 | Attorney | |
| Mcsurdy Forrest G | $660,000 | None Available | |
| Glorius David A | $400,000 | Stewart Title Company | |
| Thorne Kyle S | $475,000 | Cornerstone Title & Settleme | |
| Wells Fargo Bank National Association | $395,001 | None Available | |
| Pike David | $829,000 | Msc Title Inc | |
| Cassis Mark F | $585,000 | -- | |
| Muehlbach Robert C | $435,000 | -- | |
| Winn Sam A | $282,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pike David | $207,200 | |
| Previous Owner | Pike David | $538,850 | |
| Previous Owner | Cassis Mark F | $468,000 | |
| Previous Owner | Winn Sam A | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $609,000 | 0.0% | $384 / Sq Ft |
| 02/09/2021 02/09/21 | Rented | $10,000 | 0.0% | -- |
| 01/13/2021 01/13/21 | Price Changed | $599,000 | +4891.7% | $378 / Sq Ft |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- |
| 12/10/2020 12/10/20 | Off Market | $12,000 | -- | -- |
| 07/20/2020 07/20/20 | For Rent | $12,000 | 0.0% | -- |
| 04/14/2020 04/14/20 | Off Market | $609,000 | -- | -- |
| 02/24/2020 02/24/20 | Price Changed | $675,000 | -3.4% | $426 / Sq Ft |
| 02/20/2020 02/20/20 | For Sale | $699,000 | 0.0% | $441 / Sq Ft |
| 02/13/2020 02/13/20 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $699,000 | +74.8% | $441 / Sq Ft |
| 04/03/2012 04/03/12 | Sold | $400,000 | 0.0% | $252 / Sq Ft |
| 01/30/2012 01/30/12 | Pending | -- | -- | -- |
| 07/13/2011 07/13/11 | For Sale | $400,000 | -- | $252 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $9,556 | $744,540 | -- | -- |
| 2023 | $9,556 | $722,854 | $0 | $0 |
| 2022 | $9,856 | $734,600 | $0 | $734,600 |
| 2021 | $7,790 | $517,900 | $0 | $517,900 |
| 2020 | $7,988 | $518,000 | $0 | $518,000 |
| 2019 | $7,773 | $516,600 | $0 | $516,600 |
| 2018 | $7,518 | $495,600 | $0 | $495,600 |
| 2017 | $7,573 | $495,700 | $0 | $495,700 |
| 2016 | $7,393 | $495,500 | $0 | $495,500 |
| 2015 | $6,438 | $412,300 | $0 | $412,300 |
| 2014 | $6,073 | $362,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bridget Gennett
B
Seller's Agent in 2021
Bridget Gennett
JENNETTE PROPERTIES INC
(941) 953-6000
-
Maureen Horn
Seller's Agent in 2021
Maureen Horn
Michael Saunders
(941) 539-3384
36 in this area
74 Total Sales
-
Roger Pettingell
Buyer's Agent in 2021
Roger Pettingell
COLDWELL BANKER REALTY
(941) 387-1840
168 in this area
362 Total Sales
-
Daniel Jasmer
Buyer's Agent in 2012
Daniel Jasmer
FINE PROPERTIES
(941) 284-9893
1 in this area
50 Total Sales
-
Marnie Matarese
Buyer Co-Listing Agent in 2012
Marnie Matarese
PREFERRED SHORE LLC
(941) 809-8099
28 Total Sales
About Promenade
Map
Source: Stellar MLS
MLS Number: A4451540
APN: 0009-11-1016
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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