NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 906 Longboat Key, FL 34228

Estimated Value: $2,699,571

2 Beds
3 Baths
2,650 Sq Ft
$1,533/mo HOA Fee

Last Sold February 28, 2020

Last sale price $1,465,000 $553 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $18,104/month

297 Days on Market

Highlights

  • 650 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Private Beach
  • Heated In Ground Pool

About This Home

As of February 2020

Turn Key Property Features Amazing Ocean & Bay Views, Furniture & Televisions INCLUDED, 2 Parking Spaces, 1 a Private Garage w/ample storage (was purchased separately), Climate controlled secure storage unit, Private Elevator, Floor to Ceiling Glass Walls & Sliding Doors, 10 ft Ceilings, Huge 310 sf main Balcony & a 150 sf Balcony, Office/Den can be easily converted to a 3rd Bedroom, Chef's Kitchen boasts Island, Upgraded Stainless Steel Appliances, Granite Countertops; OVER 350K in RENOVATIONS completed, including Rich Mahogany Flooring in main Living Area, Upgraded Ceiling Fans & Lighting throughout, Marble Flooring in Master Wing, 3 custom fitted Wood Closets, Master Bathroom FULLY RENOVATED: Steam shower w/multiple heads, Deep Soaking Jetted Tub, Dual Vanities w/soft close Drawers, Marble Countertops, Heated Towel Rack, Smart Features controlled by Color LCD Wall Panel/Wireless Remote: Motorized Window Coverings, Ceiling Fan/Heater/Light, Numerous Speakers & Overhead LED Lights, LCD TV; ADDITIONAL PROPERTY INFO: Located on desired south end of Longboat Key, Private Gated Entry, Concierges & 24-Hour Security Guards, Olympic Size Heated Salt Water Pool, Large Outdoor Hot Tub, Har-Tru Tennis Courts; GRAND 18,000 sf CLUBHOUSE includes: High End fitness center, Locker Rooms with saunas, hot tubs, showers, massage rooms, Entertainment Room, Classy Library & Bar, Grand Ballroom w/Piano, Commercial Kitchen, Barbecue Grills, Community Activities, Available for Events

Last Agent to Sell the Property

Herve Barbera

License #3220615 Listed on: 03/13/2019

Last Buyer's Agent

Peter Snyder

COLDWELL BANKER REALTY License #0630852

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,454

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • Public Beach
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Condo Land Included

HOA Fees

  • $1,533 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,650 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Built by Tishman Spire
  • Water Club I/Longboat Key Subdivision, Cambridge Floorplan
  • Water Club At Longboat Key Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 12-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,454

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,533 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2650
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3106
  • Directions to Property: North on Gulf of Mexico Drive to the Water Club on left, residence is located in the South Building. Check in with guard. Proceed up the hill. Tower is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5769948&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5769948&cview=true&show_results=true&customer_portal=true
  • Floor Number: 9
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8112
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.94577
  • Price per Sq Ft: 552.83
  • Close to Original List Price Ratio: 0.79232
  • Ratio: Current Price\Building Area Total: 471.67
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Marble, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 12
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1241
  • Room Count: 12
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Gazebo, Storage, Tennis Court(s)
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Wrap Around
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 650
  • Water Frontage Feet Gulf Ocean: 650
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 4600
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1533
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 18400
  • Total Monthly Fees: 1533.33

Schools

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

Lot Info

  • Parcel Number: 0009112068
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tishman Spire

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Please see Water Club Rules and Regulations.
  • Num Timesper Year: 1
  • Pet Restrictions: Two pets up to 35 lbs (small dog and/or cat) allowed, which when fully grown can be carried comfortably in its owners arms in all corridors, lobbies and elevators and other areas of the building.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see condo documents

Tax Info

  • Tax Annual Amount: 14454
  • Tax Book Number: 31-7
  • Tax Lot: SS5

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Morrow Patrick and Morrow Michelle
Bought by
Morrow Patrick B and Morrow Michelle M
Current Estimated Value
$2,699,571

Purchase Details

Listed on
Mar 13, 2019
Closed on
Feb 13, 2020
Sold by
Switlyk Stephen A and Eretto Switlyk Theresa Ann
Bought by
Morrow Patrick and Morrow Michelle
Seller's Agent
Herve Barbera
Buyer's Agent
Peter Snyder
COLDWELL BANKER REALTY
List Price
$1,849,000
Sold Price
$1,465,000
Premium/Discount to List
-$384,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$1,025,000
Outstanding Balance
$718,662
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$1,980,909

Purchase Details

Closed on
Dec 2, 2003
Sold by
Switlyk Stephen A and Eretto-Switlyk Theresa A
Bought by
Switlyk Stephen A

Purchase Details

Closed on
Aug 12, 1996
Sold by
Grubb John R
Bought by
Switlyk Stephen A and Eretto Switlyk Theresa A

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
8.24%
Source: Public Records

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
Morrow Patrick B -- Accommodation
Morrow Patrick $1,465,000 Attorney
Switlyk Stephen A -- --
Switlyk Stephen A $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Patrick $1,025,000
Previous Owner Switlyk Stephen $930,000
Previous Owner Switlyk Stephen A $500,000
Previous Owner Switlyk Stephen A $1,225,000
Previous Owner Switlyk Stephen A $250,000
Previous Owner Switlyk Stephen A $512,000
Previous Owner Switlyk Stephen A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,465,000 -5.4% $553 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/02/2019 12/02/19 Price Changed $1,549,000 -8.6% $585 / Sq Ft
10/17/2019 10/17/19 Price Changed $1,695,000 -8.3% $640 / Sq Ft
03/13/2019 03/13/19 For Sale $1,849,000 0.0% $698 / Sq Ft
07/01/2018 07/01/18 Rented $10,000 +25.0% --
06/21/2018 06/21/18 Under Contract -- -- --
06/05/2018 06/05/18 For Rent $8,000 -- --
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 $23,705 $1,715,250 -- --
2023 $23,705 $2,046,500 $0 $2,046,500
2022 $20,806 $1,690,700 $0 $1,690,700
2021 $17,950 $1,235,800 $0 $1,235,800
2020 $15,084 $1,050,377 $0 $0
2019 $14,633 $1,026,761 $0 $0
2018 $14,454 $1,007,616 $0 $0
2017 $14,322 $986,891 $0 $0
2016 $14,299 $1,374,800 $0 $1,374,800
2015 $14,402 $1,302,400 $0 $1,302,400
2014 $14,402 $938,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5769948

Stellar MLS

APN: 0009-11-2068