NOT LISTED FOR SALE

Promenade 1211 Gulf of Mexico Dr Unit 611 Longboat Key, FL 34228

Estimated Value: $2,067,000 - $2,498,000

3 Beds
3 Baths
2,273 Sq Ft
$1,267/mo HOA Fee

Last Sold January 10, 2014

Last sale price $1,275,000 $561 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $14,622/month

6 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Private Beach
  • Heated Indoor Pool

About This Home

As of January 2014

Floor to ceiling windows offer breathtaking panoramic views of the Gulf of Mexico and miles of Beach. Spacious 3 bedroom, 3 bath with updated kitchen featuring Dacor Range & microwave, Bosch dishwasher, sub zero refrigerator and 2 separate sinks. Updatedlarge master bath. Built in desk in 2nd bedroom, wet bar or "morning bar" off 2nd bedroom. Large entry foyer, very spacious and open floor plan. Amenities include, olympic pool, spa, craft room, 4 Har-Tru tennis courts, outdoor grills, health spa, state of the art exercise equipment. The Hunt Club and The Tea Room are perfect for social gatherings.

Last Agent to Sell the Property

Peggy Mock

COLDWELL BANKER REALTY License #0365618 Listed on: 11/11/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Steve Wexler

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0204586

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,866

Year Built

  • Built in 1985

Lot Details

  • Private Beach
  • End Unit
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $1,267 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Assigned Parking

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,273 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • L-Shaped Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 611
  • Assessor Parcel Number 0009111071

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, trash
  • High-Rise Condominium
  • Promenade Community
  • Promenade Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,866

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,267 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2273
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2538
  • Directions to Property: Gulf of Mexico Drive to 1211, stop at guard gate for directions on parking.
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 7895
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94514
  • Price per Sq Ft: 560.93
  • Close to Original List Price Ratio: 0.94514
  • Ratio: Current Price\Building Area Total: 502.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, L Dining, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1211
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Secured
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Security, Storage, Tennis Court(s)
  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3800
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 950
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 15200
  • Total Monthly Fees: 1266.67

Schools

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

Lot Info

  • Parcel Number: 0009111071
  • Additional Parcels: No
  • Millage Rate: 14.67
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2014-01-10T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 8866
  • Tax Book Number: 0025/0001
  • Tax Lot: 611

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2013
Closed on
Jan 10, 2014
Sold by
Grahn Walter G and Grahn Nancy T
Bought by
Flaum Robert and Kaplan Flaum Nancy M
Seller's Agent
Peggy Mock
COLDWELL BANKER REALTY
Buyer's Agent
Steve Wexler
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,349,000
Sold Price
$1,275,000
Premium/Discount to List
-$74,000
-5.49%
Total Days on Market
6
Current Estimated Value
$2,216,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,236
Avg. Annual Appreciation
4.96%
Original Mortgage
$600,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 1998
Sold by
Schlanger Janet Lee
Bought by
Grahn Walter G and Grahn Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.47%
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
Flaum Robert $1,275,000 Attorney
Grahn Walter G $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaum Robert $513,000
Closed Flaum Robert $540,000
Closed Flaum Robert A $450,000
Closed Flaum Robert $600,000
Previous Owner Grahn Walter G $860,000
Previous Owner Grahn Walter G $150,000
Previous Owner Grahn Walter G $325,000
Previous Owner Grahn Walter G $325,000
Previous Owner Grahn Walter G $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold $1,275,000 -5.5% $561 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $1,349,000 -- $593 / 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 $19,121 $1,349,102 -- --
2023 $19,121 $1,614,600 $0 $1,614,600
2022 $17,053 $1,373,200 $0 $1,373,200
2021 $14,796 $1,013,600 $0 $1,013,600
2020 $14,298 $954,400 $0 $954,400
2019 $19,210 $1,317,100 $0 $1,317,100
2018 $18,588 $1,265,300 $0 $1,265,300
2017 $18,839 $1,265,400 $0 $1,265,400
2016 $18,383 $1,265,200 $0 $1,265,200
2015 $16,438 $1,052,700 $0 $1,052,700
2014 $9,686 $643,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peggy Mock

    COLDWELL BANKER REALTY

    (941) 356-3584

    17 Total Sales

    Peggy Mock
    Section Image
  • Steve Wexler

    Buyer's Agent in 2014

    Steve Wexler

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 586-1124

    4 in this area

    20 Total Sales

    Steve Wexler
    Section Image
See All Agents

About Promenade

Map

Source: Stellar MLS

MLS Number: A3987608

Stellar MLS

APN: 0009-11-1071

Florida Sarasota County Longboat Key 34228

1211 Gulf of Mexico Dr Unit 611, Longboat Key, FL

This home is located at 1211 Gulf of Mexico Dr Unit 611, Longboat Key, FL 34228 since 11 November 2013 and is currently estimated at $2,216,236, approximately $975 per square foot. This property was built in 1985. 1211 Gulf of Mexico Dr Unit 611 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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