NOT LISTED FOR SALE

Aquarius 1701 Gulf of Mexico Dr Unit 602 Longboat Key, FL 34228

Estimated Value: $1,265,359 - $1,404,000

2 Beds
2 Baths
1,551 Sq Ft
$1,167/mo HOA Fee

Last Sold July 15, 2021

Last sale price $1,100,000 $709 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,729/month

11 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Public Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of July 2021

This Aquarius Club two-bedroom penthouse residence is located in a boutique beachfront community with just 58 residences on south Longboat Key. Expansive Gulf of Mexico and Sarasota city skyline views from the living areas and each of the bedrooms await the resident. The top floor residence has 9’ ceilings, taller than the other floors in the building. With all new storm rated windows and sliding glass walls the residence is full of light with water views at every turn. Drive through the luscious tropical landscaping to reach Aquarius, which is ideally positioned close to the gulf and well away from Gulf of Mexico Drive. The community is a wonderful beachfront getaway situated directly on Longboat Key's famed 10-mile beach and gentle Gulf water. Aquarius amenities include renovated common area spaces including a fitness room, clubroom with a catering kitchen, heated beachfront pool and two Har-Tru lighted tennis courts, beachfront chairs, on-site management, concierge and an outdoor patio and grills for entertaining on any scale. The Aquarius Club is perfectly situated on the south end of Longboat Key, convenient to Bay Isles shopping and its numerous amenities and a short drive to the many shopping, dining and entertainment venues of St. Armand's Circle and downtown Sarasota. Boat dockage at the Key Club Harbourside Marina or The Longboat Key Boathouse are a short drive or bike ride away. This community is ideally located next to the soon to be built ultra-luxury St. Regis 5-star resort.

Last Agent to Sell the Property

Michael Moulton

MICHAEL SAUNDERS & COMPANY License #0389959 Listed on: 05/24/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Michael Moulton

MICHAEL SAUNDERS & COMPANY License #0389959 Listed on: 05/24/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,797

Year Built

  • Built in 1975

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Public Beach
  • Southwest Facing Home
  • Mature Landscaping

HOA Fees

  • $1,167 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,551 Sq Ft Home
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • White Water Ocean Views
  • Laundry Located Outside

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pool maintenance, recreational facilities, sewer, water
  • Melanie Horton Association, Phone Number (941) 383-4223
  • Mid-Rise Condominium
  • Aquarius Club Community
  • Aquarius Club Subdivision
  • Rental Restrictions
  • 6-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,797

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,167 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1551
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1740
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to 1701 on the Gulf side of road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4501908?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4501908?w=Customer
  • Floor Number: 6
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.88
  • Price per Sq Ft: 709.22
  • Close to Original List Price Ratio: 0.88
  • Ratio: Current Price\Building Area Total: 632.18
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Window Features: Window Treatments
  • Street Number Modifier: 1701
  • Room Count: 4

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, 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: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Pool, Tennis Court(s)
  • Association Name: Melanie Horton
  • Phone: 941-383-4223
  • Association: Yes
  • Security: Key Card Entry
  • Senior Community: No
  • Condo Fees: 3500
  • Condo Fees Term: Quarterly
  • Association Email: aquariusclublbk@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1167
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14000
  • Total Monthly Fees: 1166.67

Lot Info

  • Zoning: R6MX
  • Parcel Number: 0009043051
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per Association Guidelines

Tax Info

  • Tax Annual Amount: 6797
  • Tax Book Number: 8-29
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 15, 2021
Sold by
Morneau Teresa Joanne
Bought by
Currie Mark
Seller's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,341,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,590
Avg. Annual Appreciation
5.59%
Original Mortgage
$800,000
Outstanding Balance
$733,697
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,871

Purchase Details

Closed on
Apr 22, 2021
Sold by
Dequattro Frank A
Bought by
Morneau Teresa Joanne and Helen Morneau Aquarius Trust

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jul 15, 2014
Sold by
Price Pat E
Bought by
Dequattro Frank A
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
May 25, 2010
Sold by
Price Pat E and Revella Price Qualified Person
Bought by
Price Pat E
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
Currie Mark $1,100,000 Attorney
Morneau Teresa Joanne $867,500 Attorney
Dequattro Frank A $575,000 Barnes Walker Title Inc
Price Pat E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Currie Mark $800,000
Previous Owner Dequattro Frank A $417,000
Previous Owner Dequattro Frank A $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $1,100,000 0.0% $709 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/31/2021 05/31/21 Off Market $1,100,000 -- --
05/24/2021 05/24/21 For Sale $1,250,000 +117.4% $806 / Sq Ft
07/15/2014 07/15/14 Sold $575,000 -11.4% $371 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $649,000 -- $418 / 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 $15,696 $1,110,500 -- $1,110,500
2023 $15,696 $1,166,200 $0 $1,166,200
2022 $12,046 $855,000 $0 $855,000
2021 $6,756 $446,700 $0 $446,700
2020 $6,797 $438,100 $0 $438,100
2019 $7,345 $490,000 $0 $490,000
2018 $6,918 $470,000 $0 $470,000
2017 $6,154 $400,400 $0 $400,400
2016 $6,749 $431,700 $0 $431,700
2015 $7,294 $467,100 $0 $467,100
2014 $7,197 $378,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4501908

Stellar MLS

APN: 0009-04-3051