NOT LISTED FOR SALE

2301 Gulf of Mexico Dr Unit 101 Longboat Key, FL 34228

Estimated Value: $980,000 - $1,416,000

2 Beds
2 Baths
1,235 Sq Ft
1970 Built

Last Sold January 30, 2014

Last sale price $600,000 $486 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,768/month

343 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Water Access
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Public Beach
  • Deck

About This Home

As of January 2014

REDUCED $50,000. 10th Floor. Terrific views of the Gulf, Beaches, Sunsets. Fabulous Longboat Key location close to the new Publix and gourmet resturaunts. Property needs your personal touches. Won't last long. Unit has some unique pieces of furniture suchas a pool table and Tempur-pedic Ergo Adjustable Base which are available with the unit. Har-Tru Tennis courts; Newly renovated exercise facility. Heated pool.

Last Agent to Sell the Property

Gary Brey

GARY BREY LICENSE RE BROKER License #0623393 Listed on: 02/05/2013

Last Buyer's Agent

Tom Hanly

HANLY ASSOCIATES REALTY License #0588120

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1970

Lot Details

  • Property fronts gulf or ocean
  • Public Beach
  • Northwest Facing Home

Home Design

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

Interior Spaces

  • 1,235 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Separate Formal Living Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, fidelity bond, insurance, maintenance structure, manager, pest control, recreational facilities, security, sewer, trash, water
  • Islander Club Of Longboat Community
  • Islander Club Of Longboat Subdivision
  • 11-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,609

Year Built

Built in 1970

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Fidelity Bond, Insurance, Maintenance Structure, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1235
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1485
  • Directions to Property: Gulf Of Mexico Drive to property.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3972924&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3972924&cview=true&show_results=true&customer_portal=true
  • Floor Number: 10
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7150
  • Ratio: Close Price\List Price: 0.92322
  • Price per Sq Ft: 485.83
  • Close to Original List Price Ratio: 1.00167
  • Ratio: Current Price\Building Area Total: 404.04
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Split Bedroom, Stone Counters, TV Antenna
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 11
  • Window Features: Blinds
  • Street Number Modifier: 2301
  • Room Count: 6
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, Indoor
  • Exterior Features: Other
  • Roof: Built-Up
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required

Lot Info

  • Zoning: RC
  • Parcel Number: 0007141124
  • Additional Parcels: No
  • Millage Rate: 14.67
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 1
  • Expected Lease Date: 2014-01-30T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 5609
  • Tax Book Number: 0005/0008

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Jan 30, 2014
Sold by
Mcmullen Gerald A and Stewart Virginia M
Bought by
Yancey Cindy Straitiff
Seller's Agent
Gary Brey
GARY BREY LICENSE RE BROKER
Buyer's Agent
Tom Hanly
HANLY ASSOCIATES REALTY
List Price
$725,000
Sold Price
$600,000
Premium/Discount to List
-$125,000
-17.24%
Current Estimated Value
$1,235,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,773
Original Mortgage
$360,000
Outstanding Balance
$264,561
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2006
Sold by
Walder Jenny
Bought by
Mcmullen Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
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
Yancey Cindy Straitiff $600,000 Attorney
Mcmullen Gerald A $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yancey Cindy Straitiff $360,000
Previous Owner Mcmullen Gerald A $703,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $600,000 -7.7% $486 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/06/2014 01/06/14 Price Changed $649,900 -7.0% $526 / Sq Ft
12/13/2013 12/13/13 Price Changed $699,000 -3.6% $566 / Sq Ft
12/04/2013 12/04/13 Price Changed $725,000 0.0% $587 / Sq Ft
12/04/2013 12/04/13 For Sale $725,000 +20.8% $587 / Sq Ft
03/27/2013 03/27/13 Off Market $600,000 -- --
02/04/2013 02/04/13 For Sale $599,000 -- $485 / 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 $12,014 $780,232 -- --
2023 $12,014 $1,095,200 $0 $1,095,200
2022 $10,725 $938,500 $0 $938,500
2021 $8,515 $586,200 $0 $586,200
2020 $8,334 $559,200 $0 $559,200
2019 $8,041 $553,400 $0 $553,400
2018 $7,773 $531,200 $0 $531,200
2017 $7,858 $527,800 $0 $527,800
2016 $8,016 $527,800 $0 $527,800
2015 $7,458 $477,600 $0 $477,600
2014 $6,867 $383,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Brey

    Seller's Agent in 2014

    Gary Brey

    GARY BREY LICENSE RE BROKER

    (941) 376-7575

    73 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Tom Hanly

    HANLY ASSOCIATES REALTY

    (941) 374-0976

    5 in this area

    24 Total Sales

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Map

Source: Stellar MLS

MLS Number: A3972924

Stellar MLS

APN: 0007-14-1124

Florida Sarasota County Longboat Key 34228

2301 Gulf of Mexico Dr Unit 101, Longboat Key, FL

This home is located at 2301 Gulf of Mexico Dr Unit 101, Longboat Key, FL 34228 since 05 February 2013 and is currently estimated at $1,203,187, approximately $974 per square foot. This property was built in 1970. 2301 Gulf of Mexico Dr Unit 101 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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