NOT LISTED FOR SALE

Sea Gate Club 2425 Gulf of Mexico Dr Unit 15C Longboat Key, FL 34228

Estimated Value: $1,567,654 - $1,708,000

2 Beds
2 Baths
1,470 Sq Ft
$827/mo HOA Fee

Last Sold April 29, 2014

Last sale price $725,000 $493 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $10,996/month

110 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated Pool
  • Southside Elementary School Rated A
  • Penthouse
  • Full Gulf or Ocean Views

About This Home

As of April 2014

Rarely available penthouse unit in highly desirable Sea Gate Club. This 15th floor penthouse has 10' ceilings and incredible, full gulf views from every room through beautiful floor to ceiling windows. A roomy balcony allows for outdoor enjoyment and panoramic views of Longboat Key beach. This well maintained and tastefully upgraded property was completely re-painted in December of 2013 and includes: an updated kitchen with stone countertops, convection oven, Bosch-microwave, refrigerator (5 year warranty with 4 years remaining) and dishwasher and an updated electrical system with "high hat" lighting. The bathrooms have updated showers with glass doors, Kohler commodes, Delta plumbing fixtures and "high hat" lighting. The living area (living room, dining room and kitchen) includes new, high quality hardwood floors and crown molding throughout. The air conditioning unit on the roof was replaced approximately 7 years ago with a 13 seer "Straight Cool" system. In 2013 the air handler in the unit had an ultra-violet light installed for cleaner airflow. Amenities at Sea Gate include: on-site management, party room with exercise facilities, heated pool, har-tru tennis courts, sandy white beach, covered parking space and walking distance to new Publix shopping center. Don't miss out on an opportunity to own a property at one of the most sought after addresses on Longboat Key.

Last Buyer's Agent

Stephanie O'Sullivan

SMITH & ASSOCIATES REAL ESTATE License #0707355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,801

Year Built

  • Built in 1973

Lot Details

  • Zero Lot Line

HOA Fees

  • $827 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 15th floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,470 Sq Ft Home
  • Crown Molding
  • Sliding Doors
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Spa

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Tax Lot PH
  • Assessor Parcel Number 0007121088

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, management
  • Sea Gate Cheryl Or Tony Ph:941 383 4900 Association
  • Sea Gate Club Community
  • Sea Gate Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 15-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • 0 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,801

Year Built

Built in 1973

Lot Details

0

HOA Fees

$827 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1470
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1701
  • Directions to Property: Gulf of Mexico Dr to 2425 Gulf of Mexico Drive (across from Publix Center)
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 15+
  • List Office Head Office Key Nume: 1046751
  • Number Of Pets: 0
  • RATIO Current Price By Calculate: 493.20
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: Penthouse
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-366-8070
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 15
  • Street Number Modifier: 2425
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate
  • Living Area Meters: 136.57
  • Room Count: 5

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Laundry, Tennis Court(s)
  • Association Fee: 2482
  • Association Fee Frequency: Quarterly
  • Association Name: SEA GATE-CHERYL OR TONY PH:941-383-4900
  • Association: Yes
  • Senior Community: No
  • Pet Restrictions: 0
  • Association Fee Requirement: Required
  • Building Name Number: 2425
  • Max Pet Weight: 0
  • Pet Size: Very Small (Under 15 Lbs.)

Fee Information

  • Total Annual Fees: 9928.00
  • Total Monthly Fees: 827.33
  • Monthly HOA Amount: 827.33

Lot Info

  • Parcel Number: 0007121088
  • Additional Parcels: No
  • Lot Features: In County, Zero Lot Line
  • Homestead YN: 1
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: No, Yes
  • Expected Lease Date: 2014-04-29T00:00:00.000

Tax Info

  • Tax Annual Amount: 4801
  • Tax Book Number: 0007/0001
  • Tax Lot: PH

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Frisina Louis R and Mccoy Annessa Janae
Bought by
Frisina Louis R
Current Estimated Value
$1,611,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,415,000
Outstanding Balance
$1,401,399
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$237,444

Purchase Details

Listed on
Nov 21, 2013
Closed on
Apr 25, 2014
Sold by
Matthews Katherine A and Matthews Peter F
Bought by
Frisina Louis R
Buyer's Agent
Stephanie O'Sullivan
SMITH & ASSOCIATES REAL ESTATE
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$416,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1998
Sold by
Juillet Pierre and Juillet Annick
Bought by
Matthews Peter F and Matthews Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Frisina Louis R $100 None Listed On Document
Frisina Louis R $725,000 Msc Title Inc
Matthews Peter F $282,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisina Louis R $1,415,000
Previous Owner Frisina Louis R $416,000
Previous Owner Matthews Peter F $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $725,000 -3.2% $493 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $749,000 -- $510 / 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 $19,910 $1,470,900 -- $1,470,900
2023 $19,910 $1,447,000 $0 $1,447,000
2022 $9,524 $710,519 $0 $0
2021 $9,729 $689,824 $0 $0
2020 $9,836 $680,300 $0 $680,300
2019 $9,717 $688,436 $0 $0
2018 $9,595 $675,600 $0 $675,600
2017 $8,694 $571,000 $0 $571,000
2016 $8,863 $570,900 $0 $570,900
2015 $9,110 $583,400 $0 $583,400
2014 $5,069 $365,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2014

    Stephanie O'Sullivan

    SMITH & ASSOCIATES REAL ESTATE

    (941) 504-0978

    7 Total Sales

    Stephanie O'Sullivan
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About Sea Gate Club

Map

Source: Stellar MLS

MLS Number: A3988257

Stellar MLS

APN: 0007-12-1088

Florida Sarasota County Longboat Key 34228

2425 Gulf of Mexico Dr Unit 15C, Longboat Key, FL

This home is located at 2425 Gulf of Mexico Dr Unit 15C, Longboat Key, FL 34228 since 21 November 2013 and is currently estimated at $1,611,414, approximately $1,096 per square foot. This property was built in 1973. 2425 Gulf of Mexico Dr Unit 15C 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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