NOT LISTED FOR SALE

1955 Gulf of Mexico Dr Unit 409 Longboat Key, FL 34228

Estimated Value: $617,000 - $743,000

2 Beds
2 Baths
933 Sq Ft
$517/mo HOA Fee

Last Sold May 09, 2014

Last sale price $352,000 $377 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,726/month

232 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of May 2014

Experience paradise with full Gulf views from the screened porch of this 2 bedroom, 2 bath Seaplace condominium residence! This top floor unit features 9' ceilings, and there is no one living above you! The kitchen features a breakfast bar, closet pantry, and stackable washer/dryer. The master bathroom is designed so that shower and toilet are private, and separated from the vanity/sink area. The private guest bath features a tub and extra-long vanity space. The popularity of Seaplace is due to the friendly owners and staff, as well as the lushly landscaped grounds that encompass many amenities: two heated swimming pools, one kiddie pool, and two spas; beachfront clubhouse with state-of-the-art fitness center; Gulf-side barbeque area; additional laundry facilities; 3 Har-Tru tennis courts; one mile walking trail; and a playground. Includes one assigned, uncovered parking space (#446.)

Last Agent to Sell the Property

Lynne Koy

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0461188 Listed on: 08/13/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Brooke O'Malley

CLUB REALTY License #3055741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • 6,600 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 933 Sq Ft Home
  • Furnished
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Seaplace Community
  • Seaplace Iv Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • No Pets Allowed
  • 0 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,664

Year Built

Built in 1978

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 933
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1025
  • Directions to Property: Seaplace is on West side of Gulf of Mexico Drive. After guard gate, building is first on right, 4th floor, #409.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 4
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 2 Months
  • Number Of Pets: 0
  • RATIO Current Price By Calculate: 377.28
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1955
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 86.68
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 6600

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Gated, Pool, Special Community Restrictions, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: G6-409
  • Condo Fees: 1550

Fee Information

  • Total Annual Fees: 6200.00
  • Total Monthly Fees: 516.67

Schools

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

Lot Info

  • Parcel Number: 0008142039
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Private, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0404

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2014-05-09T00:00:00.000

Tax Info

  • Tax Annual Amount: 3664
  • Tax Book Number: 0010/0031
  • Tax Lot: G6-409

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Laube Larry E and Laube Jill M
Bought by
Craig Richard Michael and Craig Michelle Renee
Current Estimated Value
$675,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,900
Outstanding Balance
$517,079
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$201,798

Purchase Details

Listed on
Aug 13, 2013
Closed on
May 8, 2014
Sold by
Parker Steven A and Parker Kerry L
Bought by
Laube Larry E and Laube Jill M
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Brooke O'Malley
CLUB REALTY
List Price
$384,900
Sold Price
$352,000
Premium/Discount to List
-$32,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Rabin Edward and Rabin Vivian
Bought by
Parker Steven A and Parker Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,800
Interest Rate
6.19%
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
Craig Richard Michael $749,900 First International Title
Laube Larry E $352,000 Desjarlais Title Company
Parker Steven A $329,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Richard Michael $524,900
Previous Owner Parker Steven A $263,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $352,000 -8.5% $377 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $384,900 -- $413 / 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 $6,437 $590,000 -- $590,000
2023 $6,437 $486,900 $0 $486,900
2022 $5,848 $424,900 $0 $424,900
2021 $5,703 $398,700 $0 $398,700
2020 $5,287 $354,700 $0 $354,700
2019 $4,509 $291,900 $0 $291,900
2018 $4,363 $280,000 $0 $280,000
2017 $5,029 $324,800 $0 $324,800
2016 $5,126 $324,800 $0 $324,800
2015 $4,997 $320,000 $0 $320,000
2014 $4,364 $244,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynne Koy

    Seller's Agent in 2014

    Lynne Koy

    COLDWELL BANKER REALTY

    (413) 871-8031

    16 in this area

    65 Total Sales

    Lynne Koy
    Section Image
  • Brooke O'Malley

    Buyer's Agent in 2014

    Brooke O'Malley

    CLUB REALTY

    (941) 726-2677

    6 in this area

    32 Total Sales

    Brooke O'Malley
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3982813

Stellar MLS

APN: 0008-14-2039

Florida Sarasota County Longboat Key 34228

1955 Gulf of Mexico Dr Unit 409, Longboat Key, FL

This home is located at 1955 Gulf of Mexico Dr Unit 409, Longboat Key, FL 34228 since 13 August 2013 and is currently estimated at $675,453, approximately $723 per square foot. This property was built in 1978. 1955 Gulf of Mexico Dr Unit 409 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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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