NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 1005 Longboat Key, FL 34228

Estimated Value: $3,309,903 - $3,766,000

2 Beds
3 Baths
2,650 Sq Ft
$1,368/Sq Ft Est. Value

About This Home

This home is located at 1241 Gulf of Mexico Dr Unit 1005, Longboat Key, FL 34228 and is currently estimated at $3,625,226, approximately $1,368 per square foot. 1241 Gulf of Mexico Dr Unit 1005 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Jeffrey Simbrow Living Trust and Rhoda Simbrow Living Trust
Bought by
Rehfeldt Terry E and Rehfeldt Denise A
Current Estimated Value
$3,625,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,994,693
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,630,533

Purchase Details

Closed on
Oct 29, 2009
Sold by
Silvestri Michael and Silvestri Michelle
Bought by
Simbrow Jeffrey and Simbrow Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Silvestri Linda
Bought by
Silvestri Michael

Purchase Details

Closed on
Feb 15, 1996
Sold by
Longboat Dev Ltd Ptnr
Bought by
Silvestri Michael and Silvestri Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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
Rehfeldt Terry E $3,750,000 Barnes Walker Title
Simbrow Jeffrey $1,285,000 Attorney
Silvestri Michael -- --
Silvestri Michael $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rehfeldt Terry E $2,000,000
Previous Owner Simbrow Jeffrey $780,000
Previous Owner Simbrow Jeffrey K $771,000
Previous Owner Silverstri Michael $350,000
Previous Owner Silvestri Michael $500,000
Source: Public Records

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 $24,985 $1,658,958 -- --
2023 $24,985 $2,195,000 $0 $2,195,000
2022 $21,925 $1,812,600 $0 $1,812,600
2021 $18,371 $1,246,400 $0 $1,246,400
2020 $17,906 $1,183,500 $0 $1,183,500
2019 $23,598 $1,605,700 $0 $1,605,700
2018 $22,832 $1,542,100 $0 $1,542,100
2017 $23,153 $1,542,200 $0 $1,542,200
2016 $22,753 $1,542,200 $0 $1,542,200
2015 $21,558 $1,461,000 $0 $1,461,000
2014 $20,530 $1,075,200 $0 $0
Source: Public Records

About Water Club at Longboat

Map

Florida Sarasota County Longboat Key 34228

1241 Gulf of Mexico Dr Unit 1005, Longboat Key, FL

This home is located at 1241 Gulf of Mexico Dr Unit 1005, Longboat Key, FL 34228 and is currently estimated at $3,625,226, approximately $1,368 per square foot. 1241 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.

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