NOT LISTED FOR SALE

2721 Gulf of Mexico Dr Unit 201 Longboat Key, FL 34228

Estimated Value: $423,792 - $612,000

1 Bed
1 Bath
675 Sq Ft
$708/mo HOA Fee

Last Sold October 20, 2020

Last sale price $300,000 $444 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,629/month

11 Days on Market

Highlights

  • Airport or Runway
  • Water access To Gulf or Ocean
  • Private Pool
  • 600 Feet of Waterfront
  • Private Beach
  • Active Adult

About This Home

As of October 2020

Within steps of the white sandy beaches of Longboat Key, you will enjoy the most gorgeous sunsets over the Gulf of Mexico. If you have always dreamed of owning your own beach front property but never imagined you could afford it, don't miss this opportunity! This recently updated end unit not only offers you a relaxing getaway, but it can also be used for short or long term rental income. Reservations already on the books for Jan.1-April 15, 2021. This beautifully maintained complex offers on-site rental management making it easy for you to build profitable rental income with little effort on your part. This move in ready, completely renovated 1/1 features hardwood cabinets with quartz countertops in kitchen and bath, stainless appliances, impact windows, tile floors throughout, crown molding and fresh paint. Every unit includes a private storage locker where you can keep your beach gear, cooler, chairs, kayak and bikes. Relaxing at the heated pool , feel the warm breeze as you take in the beautiful gulf views. Conveniently located, you are nearby to golf, shopping, Publix and CVS. With St. Armands Circle just up the street, you have everything you need within a few minutes of home. Don't wait! Walk the white sand beach and enjoy the sun by the sparkling pool on your own little piece of paradise!

Last Agent to Sell the Property

Trisha Boggs

COLDWELL BANKER REALTY License #3395212 Listed on: 09/23/2020

COLDWELL BANKER REALTY

Co-Listed By

Nicole Logsdon

WILLIAM RAVEIS REAL ESTATE License #3355664

Last Buyer's Agent

Michelle Hearon

COLDWELL BANKER REALTY License #3337594

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1970

Lot Details

  • 600 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • End Unit
  • East Facing Home

HOA Fees

  • $708 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Elevated Home
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 675 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Private Pool
  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Donna Zook Association, Phone Number (941) 383-1083
  • Mid-Rise Condominium
  • Longboat Beachcomber Community
  • Longboat Beachcomber Subdivision
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Airport or Runway
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,712

Year Built

Built in 1970

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Elevated
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 675
  • Lot Size Acres: 1.11
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 825
  • Lot Size Sq Ft: 48140
  • Directions to Property: From Gulfstream Ave. (Bridge to Longboat Key) head west to St. Armands Circle. Take the first exit on the right and head north to Gulf of Mexico Dr. 2721 gulf of Mexico Dr. will be on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478758?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478758?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.96774
  • Price per Sq Ft: 444.44
  • Close to Original List Price Ratio: 0.96774
  • Ratio: Current Price\Building Area Total: 363.64
  • View: Yes
  • Co List Office Mls Id: 281520622
  • Co List Office Phone: 941-894-1255
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 2721
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • View: Trees/Woods
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: None
  • Road Surface Type: Paved, Asphalt
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0107F
  • Waterfront Frontage: 600
  • Water Frontage Feet Beach Prvt: 300
  • Water Frontage Feet Gulf Ocean: 300
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Airport/Runway, Buyer Approval Required, Sidewalk, Waterfront
  • Association Amenities: Elevator(s), Pool, Recreation Facilities, Storage
  • Association Name: Donna Zook
  • Phone: 941-383-1083
  • Association: Yes
  • Security: Key Card Entry
  • Senior Community: Yes
  • Condo Fees: 708
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 708
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8496
  • Total Monthly Fees: 708

Schools

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

Lot Info

  • Parcel Number: 0007041001
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 3712
  • Tax Book Number: 812-525
  • Tax Lot: 201

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Butler James M and Butler Marina R
Bought by
James M Butler And Marina R Butler Joint Gran
Current Estimated Value
$483,198

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 20, 2020
Sold by
Robinson Family Enterprises Llc
Bought by
Price Lawrence Larue and Price Elizabeth Katherine
Seller's Agent
Trisha Boggs
COLDWELL BANKER REALTY
Buyer's Agent
Michelle Hearon
COLDWELL BANKER REALTY
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Listed on
Aug 1, 2017
Closed on
Feb 7, 2018
Sold by
Selion Llc
Bought by
Robinson Family Enterprises Llc
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Gerard Healy
LIMBO COMPANY SARASOTA ASSOC
List Price
$299,000
Sold Price
$269,000
Premium/Discount to List
-$30,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Jan 26, 2011
Sold by
Chemstation International Inc
Bought by
Sealion Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
B A D Investments Llc
Bought by
Chemstation International Inc

Purchase Details

Closed on
Oct 26, 2004
Sold by
Clemons Robert Bradley
Bought by
B A D Investments Llc

Purchase Details

Closed on
Jun 28, 2004
Sold by
Finn Martin T and Hamel Susan M
Bought by
Clemons Robert Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
Laruffa Albert and Laruffa Elizabeth
Bought by
Finn Martin T and Hamel Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Drewery Frederick and Drewery Mary
Bought by
Laruffa Albert and Laruffa Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
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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
James M Butler And Marina R Butler Joint Gran -- Desjarlais Title
Price Lawrence Larue $300,000 Attorney
Robinson Family Enterprises Llc $269,000 Attorney
Sealion Llc $210,000 None Available
Chemstation International Inc $243,050 Attorney
B A D Investments Llc $127,500 --
Clemons Robert Bradley $255,000 --
Finn Martin T $180,000 --
Laruffa Albert $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clemons Robert Bradley $204,000
Previous Owner Finn Martin T $144,000
Previous Owner Laruffa Albert $96,000
Closed Clemons Robert Bradley $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2020 10/20/20 Sold $300,000 -3.2% $444 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $310,000 +15.2% $459 / Sq Ft
02/07/2018 02/07/18 Sold $269,000 -3.6% $399 / Sq Ft View Prior Sale
01/11/2018 01/11/18 Pending -- -- --
11/07/2017 11/07/17 Price Changed $279,000 -6.7% $413 / Sq Ft
08/16/2017 08/16/17 For Sale $299,000 -- $443 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
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 $4,647 $325,430 -- --
2023 $4,647 $364,600 $0 $364,600
2022 $4,111 $300,800 $0 $300,800
2021 $3,758 $244,500 $0 $244,500
2020 $3,645 $230,700 $0 $230,700
2019 $3,712 $241,300 $0 $241,300
2018 $3,555 $231,200 $0 $231,200
2017 $3,071 $206,300 $0 $206,300
2016 $3,326 $206,300 $0 $206,300
2015 $3,053 $198,200 $0 $198,200
2014 $2,832 $159,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4478758

Stellar MLS

APN: 0007-04-1001