NOT LISTED FOR SALE

2721 Gulf of Mexico Dr Unit 305 Longboat Key, FL 34228

Estimated Value: $444,624 - $623,000

1 Bed
1 Bath
675 Sq Ft
$667/mo HOA Fee

Last Sold April 14, 2017

Last sale price $285,000 $422 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,726/month

6 Days on Market

Highlights

  • 300 Feet of Ocean or Gulf Waterfront
  • Private Beach
  • Deck
  • Southside Elementary School Rated A
  • Heated In Ground Pool
  • Property is near public transit

About This Home

As of April 2017

Amazing opportunity to own one of South Longboat Key's rarely available Gulf side rental properties! 1BR/1BA, 4th floor residence is turnkey furnished and features tile floors throughout. A great beach getaway and/or investment opportunity. Conveniently located steps from Publix shopping center and a short drive to St. Armand's Circle and Downtown Sarasota nightlife, shops, restaurants, theaters and art galleries. Professional on-site rental managers, gulf front pool, a social room and much more.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 02/23/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Olga Smith

IMPERIAL PROPERTY GROUP LLC License #3257337

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1970

Lot Details

  • 300 Feet of Ocean or Gulf Waterfront
  • Private Beach
  • East Facing Home

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 675 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, maintenance structure, ground maintenance, maintenance, management, recreational facilities, sewer, trash, water
  • Onsite (Donna/Steve) 941.383.1083 Association
  • Mid-Rise Condominium
  • Longboat Beachcomber Community
  • Longboat Beachcomber Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,845

Year Built

Built in 1970

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 675
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 825
  • Directions to Property: Gulf of Mexico Drive North to 2721.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 422.22
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Microwave Hood, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 2721
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Private
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 300
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0107F
  • Water Frontage Feet Gulf Ocean: 300

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Name: Onsite (Donna/Steve) 941.383.1083
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: LONGBOAT BEACHCOMBER
  • Condo Fees: 2000
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 667

Lot Info

  • Parcel Number: 0007041013
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One Week, Minimum 52 times a year.

Tax Info

  • Tax Annual Amount: 2845
  • Tax Book Number: 812-525
  • Tax Lot: 305

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Approval Needed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Serebrenik Larisa
Bought by
Lamy Trust and Milshteyn
Current Estimated Value
$490,906

Purchase Details

Closed on
Jun 19, 2021
Sold by
Mg Real Estate Investment Llc
Bought by
Groyzburg Miron

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 13, 2017
Sold by
Glordano Thomas D
Bought by
Mg Real Estate Investment Llc
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Olga Smith
IMPERIAL PROPERTY GROUP LLC
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Cremer James F and Cremer Melissa J
Bought by
Giordano Thomas D

Purchase Details

Closed on
Oct 30, 1995
Sold by
Maggi Alice T and Dickens Alice T
Bought by
Cremer James F and Cremer Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.51%
Source: Public Records

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

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
Lamy Trust $100 None Listed On Document
Groyzburg Miron $350,000 Attorney
Mg Real Estate Investment Llc $285,000 Attorney
Giordano Thomas D $275,000 --
Cremer James F $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cremer James F $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $285,000 -- --
04/14/2017 04/14/17 Sold $285,000 -4.7% $422 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $299,000 -- $443 / 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 $5,809 $373,400 -- $373,400
2023 $5,809 $398,400 $0 $398,400
2022 $4,803 $319,600 $0 $319,600
2021 $4,170 $259,500 $0 $259,500
2020 $4,039 $244,100 $0 $244,100
2019 $3,964 $249,400 $0 $249,400
2018 $3,609 $219,500 $0 $219,500
2017 $2,793 $174,600 $0 $174,600
2016 $2,845 $174,600 $0 $174,600
2015 $2,547 $163,100 $0 $163,100
2014 $2,390 $157,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Myer

    Seller's Agent in 2017

    Bruce Myer

    COLDWELL BANKER REALTY

    (941) 387-1847

    243 in this area

    292 Total Sales

    Bruce Myer
    Section Image
  • Olga Smith

    Buyer's Agent in 2017

    Olga Smith

    IMPERIAL PROPERTY GROUP LLC

    (941) 726-1740

    2 in this area

    192 Total Sales

    Olga Smith
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4178718

Stellar MLS

APN: 0007-04-1013

Florida Sarasota County Longboat Key 34228

2721 Gulf of Mexico Dr Unit 305, Longboat Key, FL

This home is located at 2721 Gulf of Mexico Dr Unit 305, Longboat Key, FL 34228 since 23 February 2017 and is currently estimated at $490,906, approximately $727 per square foot. This property was built in 1970. 2721 Gulf of Mexico Dr Unit 305 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

Nearby Homes