NOT LISTED FOR SALE

Sea Gate Club 2425 Gulf of Mexico Dr Unit 12D Longboat Key, FL 34228

Estimated Value: $1,630,143 - $1,731,000

2 Beds
2 Baths
1,508 Sq Ft
$1,229/mo HOA Fee

Last Sold June 28, 2021

Last sale price $1,400,000 $928 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,272/month

3 Days on Market

Highlights

  • 340 Feet of Waterfront
  • Waterfront Community
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Beach View
  • Private Beach

About This Home

As of June 2021

Reap the rewards of the newly remodeled beach front condo community of The Sea Gate Club! The spectacular views from this 12th floor, wide expanse condo, is enhanced by the attention to detail uplift of the entire envelope of the Sea Gate building which entails removal and replacement of exterior stucco and exterior paint. You will enjoy the recently update, FEMA rated glass balcony railings and impact/hurricane sliding glass doors in EVERY unit! The artistically remodeled entrance foyer, and hallways are complete. The entirely new fitness center and community room are now open to be enjoyed. The front entrance is nearing completion and all construction to be completed in June 2021. Sea Gate is now one of the most current secure buildings on the Longboat Gulf Coastline.
Unit 12D is a one owner property. Perfectly situated in the building it is highlighted by a view that cannot be duplicated. Twinkling waters of the Gulf of Mexico greet you as you enter the unit. You can hear the waves as they rush the shore. See the turtle nests from your balcony. Watch the beach strollers from your perch atop the sea grass. The unit has been partially updated with many personal touches. Turnkey Furnished, it is move-in ready! (excluding artwork and personal mementos). Sea Gate's amenities include a renovated lobby, community center, fitness facility and gym equipment, library, a beachfront facing heated pool, har-tru tennis court and community storage space. Enjoy the new, improved Sea Gate, with its convenient island location just a short walk to the shopping center with grocery and pharmacy! One of the best places to enjoy your new Florida home or vacation spot!

Last Agent to Sell the Property

Faye Doyle

COLDWELL BANKER REALTY License #3120129 Listed on: 05/21/2021

COLDWELL BANKER REALTY

Co-Listed By

Kelly Gettel

COLDWELL BANKER REALTY License #3034647

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,327

Year Built

  • Built in 1973

Lot Details

  • 340 Feet of Waterfront
  • Private Beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Condo Land Included

HOA Fees

  • $1,229 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Shutters
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Ground Level Parking
  • Guest Parking
  • Off-Street Parking
  • Reserved Parking

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Eric Schrock Association, Phone Number (941) 374-1130
  • Visit Association Website
  • High-Rise Condominium
  • Sea Gate Club Community
  • Sea Gate Club Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • Community features wheelchair access

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,327

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,229 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1508
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1701
  • Directions to Property: Heading North on Gulf of Mexico Drive turn left into community. Guest parking in the front two rows of parking nearest the building or, if filled at the very rear of the parking area behind the tennis courts.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4501605?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4501605?w=Customer
  • Floor Number: 12
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Subdivision Num: 7229
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 928.38
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 823.05
  • View: Yes
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Insulated Windows, Shutters
  • Street Number Modifier: 2425
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 340
  • Water Frontage Feet Gulf Ocean: 340
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest, Off Street, Reserved
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Maintenance, Pool, Recreation Facilities, Storage, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Association Name: Eric Schrock
  • Phone: (941)3741130
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3688
  • Condo Fees Term: Quarterly
  • Association Website: www.lighthousepropertymanagement.net
  • Association Email: seagate@mgmt.tv
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1229
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14752
  • Total Monthly Fees: 1229.33

Schools

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

Lot Info

  • Zoning: T6
  • Parcel Number: 0007121071
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, In County
  • Property Attached Yn: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-05-17
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Sea Gate Club Assoc. application for sale or lease
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Confirm with management.

Tax Info

  • Tax Annual Amount: 7327.16
  • Tax Book Number: 1015-2106
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Ethridge Cathy Bachmann and Kushen Betsy Bachmann
Bought by
Lesburg Michael and Lesburg Susan
Seller's Agent
Faye Doyle
COLDWELL BANKER REALTY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,659,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,786
Avg. Annual Appreciation
2.84%
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
Lesburg Michael $1,400,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,400,000 0.0% $928 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,400,000 -- $928 / 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 $15,330 $1,294,375 -- --
2023 $15,330 $1,162,500 $0 $1,162,500
2022 $15,243 $1,101,100 $0 $1,101,100
2021 $8,113 $574,700 $0 $574,700
2020 $7,327 $486,700 $0 $486,700
2019 $8,777 $599,000 $0 $599,000
2018 $8,490 $575,200 $0 $575,200
2017 $7,856 $527,700 $0 $527,700
2016 $8,013 $527,600 $0 $527,600
2015 $8,396 $539,100 $0 $539,100
2014 $7,751 $443,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4501605

Stellar MLS

APN: 0007-12-1071