NOT LISTED FOR SALE

Estimated Value: $283,744 - $373,000

1 Bed
1 Bath
608 Sq Ft
$483/mo HOA Fee

Last Sold July 28, 2023

Last sale price $325,000 $535 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,490/month

14 Days on Market

Highlights

  • 150 Feet of Bay Harbor Waterfront
  • Fishing
  • Mediterranean Architecture
  • White Water Ocean Views
  • Deck
  • End Unit

About This Home

As of July 2023

Under contract-accepting backup offers. El Galeon East has always been one of the nicest condos on Manasota Key. Expansive views of Lemon Bay, community dockage in no wake zone and walk across the street to the beach or hang out in the community pool just outside your door. This 1/1, end unit, has a great rental history for those of you who want your vacation home to pay for itself. Walk to restaurants and shopping while enjoying one of the best views on the beach from your private balcony. Now the bad news, this condo took a pretty good hit from hurricane Ian. The building has a brand-new metal roof, soffits and facia. Repairs to common areas are still ongoing. All units in this building have been stripped down to studs and block walls. This one still has the ceramic flooring and Funiture under tarps along with tub and toilet. This will be a major remodel for the new owner, but the upside is you get to pick your own cabinets, paint, flooring and appliances. The list price is far below what these units were selling for last year, so you have plenty of room to earn some sweat equity while creating your dream vacation home.

Last Agent to Sell the Property

Bart Tracy

LASBURY-TRACY REALTY INC. License #3067180 Listed on: 06/23/2023

Last Buyer's Agent

Jim Litton, PA

MICHAEL SAUNDERS & COMPANY License #3058211

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1977

Lot Details

  • 150 Feet of Bay Harbor Waterfront
  • End Unit
  • Southwest Facing Home

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • Reserved Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 608 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • White Water Ocean Views

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Outdoor Features

  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Seawall
  • No Wake Zone
  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, maintenance structure, ground maintenance, management
  • Seabreeze Community Association Management Association, Phone Number (941) 223-4091
  • El Galeon By The Sea Community
  • El Galeon East Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Fishing
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,643

Year Built

Built in 1977

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Mediterranean
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 608
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 628
  • Lot Size Sq Ft: 628
  • Directions to Property: From the intersection of SR776 (McCall Road) and Beach Road, head west on Beach Road to the roundabout, take the second exit on Gulf Blvd about 1/2 mile on left you will find El Galeon East, first floor end unit on the left when facing building.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037878
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 534.54
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: End Unit
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 1775
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 56.49
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Courtyard, Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Asphalt
  • Disclosures: None
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Slip 1st Come,No Wake Zone,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Flood Zone Date: 2022-12-15
  • Flood Zone Panel: 12015C0186G
  • Additional Water Information: Community boat docks
  • Water Frontage Feet Bay Harbor: 150

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Reserved

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Water Access, Waterfront
  • Association Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Seabreeze Community Association Management
  • Phone: 941 223-4091
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Contact manager for pet policy
  • Association Fee Requirement: Required
  • Building Name Number: EL GALEON EAST
  • Condo Fees: 483
  • Condo Land Included YN: 1
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: nfarrish@seabreezecam.com
  • Monthly Condo Fee Amount: 483
  • Association URL: Natalie Farrish

Fee Information

  • Total Annual Fees: 5796.00
  • Total Monthly Fees: 483.00

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: MMF12
  • Parcel Number: 411912802001
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 58

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One week minimum on rentals

Tax Info

  • Tax Annual Amount: 4643
  • Tax Book Number: 2-2
  • Tax Lot: 101

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 28, 2023
Sold by
Barbara A Taranto Trust
Bought by
Crawford Retha A and Martin Terry
Seller's Agent
Bart Tracy
LASBURY-TRACY REALTY INC.
Buyer's Agent
Jim Litton, PA
MICHAEL SAUNDERS & COMPANY
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%
Views
35
Current Estimated Value
$359,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,077
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Taranto Barbara A
Bought by
Taranto Barbara A and Barbara A Taranto Trust

Purchase Details

Closed on
May 26, 2015
Sold by
Ryan Robert J and Ryan Jill K
Bought by
Taranto Barbara A

Purchase Details

Closed on
Mar 2, 2004
Sold by
Ryan Robert J and Ryan Jill K
Bought by
Ryan Robert and Ryan Jill

Purchase Details

Closed on
Jun 15, 1999
Sold by
Gershon Julian R
Bought by
Ryan Robert J and Ryan Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Crawford Retha A $325,000 None Listed On Document
Taranto Barbara A -- None Available
Taranto Barbara A $187,500 Premier Title Of Florida
Ryan Robert -- --
Ryan Robert J $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Robert J $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $325,000 -11.0% $535 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $365,000 -- $600 / 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
2023 $1,209 $36,113 $0 $0
2022 $4,643 $282,690 $0 $282,690
2021 $4,012 $201,552 $0 $201,552
2020 $3,677 $180,880 $0 $180,880
2019 $3,638 $180,363 $0 $180,363
2018 $3,600 $196,901 $0 $196,901
2017 $3,313 $177,262 $0 $0
2016 $3,036 $152,973 $0 $0
2015 $2,671 $118,381 $0 $0
2014 $2,306 $107,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6131204

Stellar MLS

APN: 411912802001