NOT LISTED FOR SALE

Promenade 1211 Gulf of Mexico Dr Unit 510 Longboat Key, FL 34228

Estimated Value: $1,396,087 - $1,747,000

2 Beds
2 Baths
1,827 Sq Ft
$1,300/mo HOA Fee

Last Sold August 05, 2015

Last sale price $849,000 $465 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,004/month

284 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Heated In Ground Pool

About This Home

As of August 2015

This furnished, Gulf front two bedroom, two bath residence at the Promenade is a wonderful beach retreat. Simply waiting for your personal touch, this home welcomes you with floor-to-ceiling glass walls and breathtaking views of turquoise Gulf waters. The current owners have meticulously maintained this spacious residence, offering a living/dining room, open kitchen and split bedroom plan. The large terrace is a great place to enjoy Gulf breezes and city views. Promenade is an amenity-rich beachfront community offering residents around-the-clock manned guard gate, first-rate concierge services, on-site manager, two social rooms, fitness center, four Har-Tru tennis courts, heated swimming pool and spa, plus a gazebo area with barbeque grill and lounge area.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY License #0499842 Listed on: 10/01/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,138

Year Built

  • Built in 1985

Lot Details

  • Public Beach
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking

Property Views

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,827 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Mobile Home

  • Mobile Home Model is Unit B

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 510
  • Assessor Parcel Number 0009111058

Community Details

Overview

  • Association fees include cable TV, pool, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • 941 383 8909 Association
  • High-Rise Condominium
  • Promenade Community
  • Promenade Subdivision
  • Association Owns Recreation Facilities
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,138

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,300 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1827
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2036
  • Directions to Property: From St. Armand's Circle, head north on John Ringling Pkwy, over bridge into Longboat Key; Gulf of Mexico to 1200 block, community is on the Gulf (west) side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 464.70
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Property Description: High Rise
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1211
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Room Count: 6

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony, Irrigation System, Lighting, Rain Gutters
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Tennis Court, 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 - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full,Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Gated, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 3900
  • Association Fee Frequency: Quarterly
  • Association Name: 941-383-8909
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: 1211

Fee Information

  • Monthly HOA Amount: 1300.00

Schools

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

Lot Info

  • Parcel Number: 0009111058
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit, Zero Lot Line
  • Lot Dimensions: 0
  • Homestead YN: 0
  • Zoning Compatible YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8138
  • Tax Book Number: 25-1
  • Tax Lot: 510

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Aug 5, 2015
Sold by
Zalesin Steven A and Zalesin Alicia
Bought by
Mj Real Estate Group Llc
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$1,565,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,772
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Cohen Alice Rae and Cohen Eugene S
Bought by
Zalesin Steven A and Zalesin Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2002
Sold by
Cohen Eugene S and Cohen Alice Rae
Bought by
Cohen Alice Rae

Purchase Details

Closed on
Nov 10, 1993
Sold by
Chen Alice Rae and Cohen Eugene S
Bought by
Cohen Eugene S and Cohen Alice Rae

Purchase Details

Closed on
Sep 1, 1993
Sold by
Kamin Hannah J
Bought by
Cohen Alice Rae
Source: Public Records

Range of Values:

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Sold Price
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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
Mj Real Estate Group Llc $849,000 Attorney
Zalesin Steven A $990,000 --
Cohen Alice Rae -- --
Cohen Eugene S -- --
Cohen Alice Rae $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zalesin Steven A $417,000
Previous Owner Zalesin Steven A $148,500
Previous Owner Zalesin Steven A $742,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $849,000 -- --
08/05/2015 08/05/15 Sold $849,000 -2.3% $465 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
06/29/2015 06/29/15 Price Changed $869,000 -1.1% $476 / Sq Ft
01/26/2015 01/26/15 Price Changed $879,000 -2.2% $481 / Sq Ft
10/01/2014 10/01/14 For Sale $899,000 -- $492 / 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 $14,079 $986,937 -- --
2023 $14,079 $1,161,300 $0 $1,161,300
2022 $12,637 $996,300 $0 $996,300
2021 $11,038 $741,500 $0 $741,500
2020 $10,541 $689,300 $0 $689,300
2019 $10,320 $691,900 $0 $691,900
2018 $9,984 $664,100 $0 $664,100
2017 $10,082 $664,200 $0 $664,200
2016 $10,277 $664,000 $0 $664,000
2015 $8,627 $552,500 $0 $552,500
2014 $8,138 $485,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4100510

Stellar MLS

APN: 0009-11-1058