NOT LISTED FOR SALE

Estimated Value: $2,438,486

2 Beds
2 Baths
1,611 Sq Ft
$919/mo HOA Fee

Last Sold September 06, 2013

Last sale price $950,000 $590 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $16,170/month

19 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Golf Course Community
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Saltwater Pool

About This Home

As of September 2013

This deluxe two bedroom beachfront condo in building 3 offers breathtaking views from every room of the Gulf of Mexico. This residence is located in a condominium-hotel offering buyers attractive rental possibilities which you may choose to participate in, or use it as your very own vacation paradise. By joining the rental program, you will be entitled to the use of the amenities at Longboat Key Club & Resort and you and your guests will be pampered with fine dining, golf, tennis, spa, fitness center, club concierge, maid service and friendly staff to make your vacation a memorable one. Or you may decide to purchase the unit to use as your own residence and have unlimited use of the residence. Whatever your lifestyle preference, the opportunities areendless. Condo is not currently in the rental program.

Last Listed By

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 07/23/2013

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,432

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $919 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,611 Sq Ft Home
  • Crown Molding
  • Blinds
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

  • 1 to 7-Day Minimum Lease Term
  • Tax Lot 3507
  • Assessor Parcel Number 0013041104

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • 222 Units
  • Lighthouse Property Mgmt 941.312.5287 Association
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,432

Year Built

Built in 1982

Lot Details

0

HOA Fees

$919 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1611
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1611
  • Directions to Property: North on Gulf of Mexico Drive to Longboat Club Road, left on Sands Point Road, building three on the right, 5th floor
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 589.70
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Property Description: Corner Unit,End Unit,Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-7591
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 230
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 149.67
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Lighting
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Tennis Court(s)
  • Association Fee: 919.07
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse Property Mgmt - 941.312.5287
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: 3

Fee Information

  • Total Annual Fees: 11028.84
  • Total Monthly Fees: 919.07

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041104
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Homestead YN: 0
  • Future Land Use: 3904

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-09-06T00:00:00.000

Multi Family

  • Number Of Units Total: 222
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 9432
  • Tax Book Number: 0019/0013
  • Tax Lot: 3507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 6, 2013
Sold by
The Key Corporation
Bought by
3507 Lbk Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rae Alba
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Total Days on Market
19
Current Estimated Value
$2,438,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488,486
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
May 26, 2009
Sold by
Byrum Clark H
Bought by
The Key Corporation

Purchase Details

Closed on
Jun 2, 2004
Sold by
Key Life Insurance Co
Bought by
Byrum Clark H and Byrum Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.5%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Longboat Key, FL

  • 415 L Ambiance Dr Unit C404, Longboat Key, FL 34228

    $2,995,000

    • 3 Beds
    • 3.5 Baths
    • 2,820 Sq Ft
    • 415 L Ambiance Dr
    • Unit C404
    • Longboat Key, FL

    Nestled in the prestigious L’Ambiance community on Longboat Key’s south end, this fully furnished, turnkey residence offers 2,820 sq. ft. of refined waterfront living with breathtaking Gulf views. A double-door entry with art glass opens to a light-filled interior featuring new hurricane-resistant windows and doors, marble flooring, coral stone accents, and full-height mirrors that enhance the

    Bruce Myer COLDWELL BANKER REALTY

    Section Image
  • 535 Sanctuary Dr Unit A602, Longboat Key, FL 34228

    $2,749,900

    • 3 Beds
    • 2.5 Baths
    • 2,580 Sq Ft
    • 535 Sanctuary Dr
    • Unit A602
    • Longboat Key, FL

    Welcome to paradise! This 3 bedroom floor plan offers Northwest and Southeast terraces boasting direct beach and sunset views from the great room and primary suite along with City and Bay views from the kitchen, den and guest bedroom. Floor to ceiling sliders showcase the big views at both ends and provide a bright welcoming atmosphere. The kitchen features a large center island, breakfast nook,

    Ian Addy, PA MICHAEL SAUNDERS & COMPANY

    Section Image
  • 535 Sanctuary Dr Unit A202, Longboat Key, FL 34228

    $2,100,000

    • 3 Beds
    • 3 Baths
    • 2,580 Sq Ft
    • 535 Sanctuary Dr
    • Unit A202
    • Longboat Key, FL

    Under contract-accepting backup offers. Luxurious Gulf-Front Living with Breathtaking Views! Experience the pinnacle of coastal elegance in this exquisitely updated 2,580 sq. ft. condominium, offering three bedrooms and three bathrooms with stunning Gulf views from the great room, primary bedroom and terraces. Designed for modern comfort, this spacious residence features new luxury vinyl plank

    Kathy Callahan MICHAEL SAUNDERS & COMPANY

    Section Image
  • 545 Sanctuary Dr Unit B806, Longboat Key, FL 34228

    $1,950,000

    • 3 Beds
    • 2.5 Baths
    • 2,375 Sq Ft
    • 545 Sanctuary Dr
    • Unit B806
    • Longboat Key, FL

    Welcome to luxury living at The Sanctuary located behind the gates of the Longboat Key Club on south Longboat Key! Whether you're looking for a peaceful retreat or a permanent residence, this 3 bedroom, 2 1/2 bath beachfront paradise has it all. The massive views of Sarasota Bay, the downtown city skyline and manicured golf course greens are front and center from the moment you step across the

    Ian Addy, PA MICHAEL SAUNDERS & COMPANY

    Section Image
  • 545 Sanctuary Dr Unit A803, Longboat Key, FL 34228

    $2,499,000

    • 3 Beds
    • 2.5 Baths
    • 2,375 Sq Ft
    • 545 Sanctuary Dr
    • Unit A803
    • Longboat Key, FL

    Discover the pinnacle of coastal luxury in this magnificent 8th-floor northeast corner residence, perfectly positioned within one of Longboat Key’s most sought-after communities. Revel in sweeping, unobstructed views of the Gulf of Mexico, Sarasota Bay, Downtown Sarasota, theLongboat Key golf course and beyond. With a generous 2,375-square-foot floor plan, this exquisitely appointed home

    Louis Wery PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 545 Sanctuary Dr Unit B406, Longboat Key, FL 34228

    $2,450,000

    • 3 Beds
    • 2.5 Baths
    • 2,375 Sq Ft
    • 545 Sanctuary Dr
    • Unit B406
    • Longboat Key, FL

    Experience luxury beachfront living in this stunning 3 bedroom, 2 1/2 bath oasis. This can be a comfortable permanent residence or a superb seasonal retreat. Marvel at the big bay and city views, golf course greens, and twinkling city lights at night through floor to ceiling sliders that surround the main living areas. Whether a gourmet chef or an appreciator of a quality kitchen residents will

    Ian Addy, PA MICHAEL SAUNDERS & COMPANY

    Section Image
  • 545 Sanctuary Dr Unit B206, Longboat Key, FL 34228

    $1,950,000

    • 3 Beds
    • 3 Baths
    • 2,375 Sq Ft
    • 545 Sanctuary Dr
    • Unit B206
    • Longboat Key, FL

    Under contract-accepting backup offers. EXCITING NEWS!! NEW ROOF! NO FINANCIAL OBLIGATION TO THE BUYERS AS THE ASSESSMENT HAS BEEN PAID IN FULL! Welcome to a lifestyle that surpasses all expectations in the Sanctuary community, where luxury living meets breathtaking views! Nestled on the 2nd flr, this 3BR, 3BA condo unit offers a haven of tranquility & an array of amenities. Step inside, and

    Andrew Duncan LPT REALTY LLC

    Section Image
  • 340 Gulf of Mexico Dr Unit 124, Longboat Key, FL 34228

    $2,495,000

    • 3 Beds
    • 3 Baths
    • 2,365 Sq Ft
    • 340 Gulf of Mexico Dr
    • Unit 124
    • Longboat Key, FL

    One or more photo(s) has been virtually staged. Welcome to Tangerine Bay Club, the southernmost condominium on Longboat Key, where refined sophistication meets resort-style living. This exceptional direct Bayfront end residence offers panoramic views of Sarasota Bay and the feel of a single-family home. Move-in ready with a new roof, the home has been extensively updated by the previous owner,

    Debra Pitell-Hauge MICHAEL SAUNDERS & COMPANY

    Section Image
  • 340 Gulf of Mexico Dr Unit 115, Longboat Key, FL 34228

    $2,395,000

    • 2 Beds
    • 2.5 Baths
    • 2,298 Sq Ft
    • 340 Gulf of Mexico Dr
    • Unit 115
    • Longboat Key, FL

    This direct bayfront luxury condo was gutted and remodeled completion taking place in 2024.The open concept living spaces are light and bright with level 5 finish on walls and ceilings incorporating modern design concepts on the baseboards and moldings.Highlights include LVT throughout, custom cabinetry, quartz counters, unique marble and mother-of-pearl mosaics, California Closet and LED

    Reid Murphy DEVELOPERS REALTY LBK, INC

    Section Image

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
3507 Lbk Llc $950,000 Attorney
The Key Corporation $775,000 Attorney
Byrum Clark H $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Key Corporation $437,500
Previous Owner Byrum Clark H $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $950,000 -13.6% $590 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $1,100,000 -- $683 / 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 $20,782 $1,413,788 -- --
2023 $20,782 $1,813,000 $0 $1,813,000
2022 $17,550 $1,388,400 $0 $1,388,400
2021 $17,326 $1,334,100 $0 $1,334,100
2020 $12,578 $839,000 $0 $839,000
2019 $12,801 $876,000 $0 $876,000
2018 $13,023 $885,000 $0 $885,000
2017 $13,592 $913,000 $0 $913,000
2016 $13,091 $862,000 $0 $862,000
2015 $12,586 $806,000 $0 $806,000
2014 $12,455 $707,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3981697

Stellar MLS

APN: 0013-04-1104