Seller's Agent in 2025
David Lipstein
MANASOTA KEY REALTY INC
(941) 468-0133
12 in this area
21 Total Sales
El Galeon By The Sea is the Flagship Beachfront Destination, at the El Galeon Resort facility on Manasota Key. It is a Gulf front complex featuring a beautiful sandy beach overlooking the Gulf of Mexico. The complex was affected by last years’ storms, but there was no water inside to the unit interiors. Some landscape restoration projects are still underway and “extra sand” is being moved. The beach is now immense here.
Unit 511 directly overlooks the wide, sandy beach on Manasota Key with great sunset views. The complex also has excellent docking facilities right across the road. There are a total of 19 units in this group of 3 buildings that surround the courtyard, with the heated swimming pool. There is plenty of parking. Unit 511 is a 2 Bedroom 2 Bath located on the 2nd floor of the building. It is beautifully furnished and decorated and will be delivered to you 'Turn Key" and move-in ready. The Central Heat and Air system was completely upgraded with a new system in 2022.
The complex is very popular with vacation renters. Many advance bookings for the coming seasons come with the property if buyers are interested in renting the unit. It has a solid rental history with income averaging $50,000 a year. In 2024 the unit generated $54,750. The complex does allow for short term, 1 week stays. The unit is currently occupied for Winter Season 2025, and they are booking ahead for this coming Summer Season. Showing appointments are absolutely required and preferred on Saturdays between rental turnovers.
Last Agent to Sell the Property
MANASOTA KEY REALTY INC Brokerage Phone: 941-474-9534 License #310882 Listed on: 01/19/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $587,000 | First International Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $66,000 | -- | |
| Warranty Deed | $66,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,950 | New Conventional | |
| Previous Owner | $105,600 | No Value Available | |
| Previous Owner | $105,600 | No Value Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $587,000 | -9.0% | $560 / Sq Ft |
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Price Changed | $645,000 | -7.7% | $615 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $699,000 | +19.1% | $666 / Sq Ft |
| 05/31/2025 05/31/25 | Off Market | $587,000 | -- | -- |
| 01/19/2025 01/19/25 | For Sale | $699,000 | -- | $666 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $8,902 | $472,575 | -- | $472,575 |
| 2024 | $9,746 | $624,155 | -- | $624,155 |
| 2023 | $9,746 | $457,453 | $0 | $0 |
| 2022 | $9,218 | $603,647 | $0 | $603,647 |
| 2021 | $7,570 | $378,060 | $0 | $378,060 |
| 2020 | $7,200 | $355,768 | $0 | $355,768 |
| 2019 | $7,316 | $370,035 | $0 | $370,035 |
| 2018 | $6,559 | $359,335 | $0 | $359,335 |
| 2017 | $5,872 | $359,335 | $0 | $0 |
| 2016 | $5,232 | $267,890 | $0 | $0 |
| 2015 | $4,988 | $243,536 | $0 | $0 |
| 2014 | $4,343 | $221,396 | $0 | $0 |
Seller's Agent in 2025
David Lipstein
MANASOTA KEY REALTY INC
(941) 468-0133
12 in this area
21 Total Sales
B
Seller Co-Listing Agent in 2025
Blake Lipstein
MANASOTA KEY REALTY INC
(941) 468-4757
11 in this area
18 Total Sales
Buyer's Agent in 2025
Carla Stiver
RE/MAX
(941) 548-4434
32 in this area
956 Total Sales
Source: Stellar MLS
MLS Number: D6140138
APN: 411912807010
Ask me questions while you tour the home.