NOT LISTED FOR SALE

Fairway Bay IV 2120 Harbourside Dr Unit 627 Longboat Key, FL 34228

Estimated Value: $836,804 - $956,000

3 Beds
2 Baths
2,105 Sq Ft
$1,922/mo HOA Fee

Last Sold October 23, 2023

Last sale price $915,000 $435 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,280/month

16 Days on Market

Highlights

  • Bay Harbor Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Southside Elementary School Rated A
  • Deeded access to the beach
  • Heated In Ground Pool

About This Home

As of October 2023

Located behind the gates of Bay Isles, Fairway Bay is a resort style, amenity rich community. Walk through the welcoming & tropical atrium and take the elevator to the second floor where you will be greeted with open bays views as well as views of the skyline of Sarasota.
This apartment boasts floor to ceiling sliders that accentuate the natural light and allow the views to be enjoyed from the kitchen, family room, and master bedroom. This 3 bedroom 2 bathroom Mangrove split floor plan has over 2100 sf under air and 250 sf of balcony. Original interior with endless possibilities, you can enjoy the apartment in its current super clean condition as you decide how you will update it for decades to come. Fairway Bay offers under building parking & storage, heated pool, fitness center, exercise room, and tennis & pickleball courts as well as a kayak launch. You will also enjoy membership in the Bay Isles Beach Club allowing you deeded beach access with parking as well as showers and rest rooms,

Last Agent to Sell the Property

Peter Snyder

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0630852 Listed on: 09/18/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1988

Lot Details

  • East Facing Home
  • Irrigation

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Garage Space

Home Design

  • Custom Home
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,105 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • $619 Other Monthly Fees
  • Fairway Bay Iii Association, Phone Number (941) 383-7130
  • Visit Association Website
  • Bay Isles Association, Inc. Association
  • Fairway Bay Community
  • Fairway Bay 3 Subdivision
  • 6-Story Property

Amenities

  • Clubhouse

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,906

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,922 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2105
  • Lot Size Acres: 6.3
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2484
  • Lot Size Sq Ft: 274587
  • Directions to Property: Head north on Gulf of Mexico Drive to the south entrance to Bay Isles. Go through guard gate to 2120 on the right
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 434.68
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 7425
  • Condo Fees Term: Quarterly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Street Number Modifier: 2120
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 195.56
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Water Frontage Feet Bay Harbor: 1

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Under Building

Utilities

  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Courts, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Fairway Bay III Association
  • Phone: 941-383-7130
  • Association: Yes
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Association #2 Fee: 1224
  • Association #2 Fee Frequency: Annually
  • Association: Bay Isles Association, Inc.
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: FAIRWAY BAY ATRIUM
  • Condo Fees: 5460
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: atrium@longboatps.com
  • Monthly Condo Fee Amount: 1820
  • Association URL: www.fairwaybay.org

Fee Information

  • Total Annual Fees: 30489.00
  • Total Monthly Fees: 2540.75
  • Other Fees Term: Annual

Lot Info

  • Zoning: MUC1
  • Parcel Number: 0008023055
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 25510

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: I lease per year. 3 month minimum. No pets. Please refer to condominium documents

Tax Info

  • Tax Annual Amount: 4905.52
  • Tax Book Number: 2002-346
  • Tax Lot: 627

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Application with fee. Please refer to condominium documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
John T Parent Trust
Bought by
Schmakel Family Trust and Schmakel
Current Estimated Value
$903,451

Purchase Details

Closed on
Jul 6, 2004
Sold by
Spak Audrey J
Bought by
Spak Audrey J

Purchase Details

Closed on
Mar 31, 1997
Sold by
Tullo Julia and Arbenz Marie Kunz
Bought by
Spak Barry M and Spak Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
7.58%

Purchase Details

Closed on
May 11, 1994
Sold by
Bochroch Robert and Bochroch Mary Joyce
Bought by
Fitter Marie T
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
Schmakel Family Trust $939,300 None Listed On Document
Spak Audrey J -- --
Spak Barry M $378,000 --
Fitter Marie T $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spak Barry M $302,500
Previous Owner Spak Barry M $302,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $915,000 -3.6% $435 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $949,000 -- $451 / 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 $4,944 $750,500 -- $750,500
2023 $4,944 $421,357 $0 $0
2022 $4,906 $409,084 $0 $0
2021 $4,981 $397,169 $0 $0
2020 $5,017 $391,685 $0 $0
2019 $4,849 $382,879 $0 $0
2018 $4,764 $375,740 $0 $0
2017 $4,803 $368,012 $0 $0
2016 $4,714 $587,500 $0 $587,500
2015 $4,803 $593,400 $0 $593,400
2014 $4,797 $349,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4583014

Stellar MLS

APN: 0008-02-3055