NOT LISTED FOR SALE

2721 Gulf of Mexico Dr Unit 307 Longboat Key, FL 34228

Estimated Value: $399,000 - $772,000

1 Bed
1 Bath
675 Sq Ft
$435/mo HOA Fee

Last Sold March 18, 2013

Last sale price $175,000 $259 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,529/month

678 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated Pool

About This Home

As of March 2013

Short Sale. A beach getaway plus rental income. Beautiful one bedroom unit with lovely furnishings.Building is located directly on a beautiful wide soft white sand beach. Enjoy long miles of beaches and at night watch the vibrant colors of spectacular sunsets. This key location complex offers a large heated pool with a spacious sun deck located directly on the beach. Just minutes away from a 10 mile path, tennis courts, deep sea fishing and boating. Mote Marine Laboratory and St. Armands Circle. Something for everyone. A tropical escape with the convenience of shopping and activities nearby. Listing price may not be sufficient to pay the total of all liens and cost of sale and sale of property at full listing price may require approval of seller's lender(s).

Last Agent to Sell the Property

Sylvia Zimmerman

License #0696093 Listed on: 01/21/2011

Co-Listed By

George Zimmerman

License #3162952

Last Buyer's Agent

Larry Zeigler

MICHAEL SAUNDERS & COMPANY License #0695783

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1970

Lot Details

  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach

HOA Fees

  • $435 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 675 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated Pool
  • Water access To Gulf or Ocean
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance repairs, manager
  • Mid-Rise Condominium
  • Longboat Beachcomber Condos
  • Longboat Beachcomber Community
  • Longboat Beachcomber Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,395

Year Built

Built in 1970

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Maintenance Repairs, Manager
  • 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 to #2721 to Unit #307
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3938222&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3938222&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7119
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.87719
  • Price per Sq Ft: 259.26
  • Close to Original List Price Ratio: 0.85366
  • Ratio: Current Price\Building Area Total: 212.12
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

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

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 300
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Elevator(s), Laundry, Recreation Facilities
  • Association Fee: 1305
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Complex Community Name NCCB: Longboat Beachcomber
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5220
  • Total Monthly Fees: 435

Lot Info

  • Zoning: CON
  • Parcel Number: 0007041015
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 14.45
  • Future Land Use: 0404
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Expected Lease Date: 2013-03-18T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2395
  • Tax Book Number: 0004/0024
  • Tax Lot: 307

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2011
Closed on
Mar 18, 2013
Sold by
Werner Jeffrey Russell and Werner Donna M
Bought by
Monaghan Fred and Monaghan Lynda
Seller's Agent
Sylvia Zimmerman
Buyer's Agent
Larry Zeigler
MICHAEL SAUNDERS & COMPANY
List Price
$199,500
Sold Price
$175,000
Premium/Discount to List
-$24,500
-12.28%
Current Estimated Value
$510,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,875
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Dec 28, 2004
Sold by
Lagro Kent D and Lagro Heidi M
Bought by
Werner Jeffrey Russell and Werner Donna M

Purchase Details

Closed on
Jul 18, 1995
Sold by
Kassul William Bryant and Kassul Patricia Ann
Bought by
Lagro Kent D and Lagro Heidi Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.43%
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
Monaghan Fred $175,000 Attorney
Werner Jeffrey Russell $360,000 Stewart Title Co Of Sarasota
Lagro Kent D $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagro Kent D $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2013 03/18/13 Sold $175,000 -12.3% $259 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $199,500 +14.0% $296 / Sq Ft
11/16/2012 11/16/12 Off Market $175,000 -- --
01/21/2011 01/21/11 For Sale $199,500 -- $296 / 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 $4,972 $330,221 -- --
2023 $4,918 $371,800 $0 $371,800
2022 $4,373 $306,800 $0 $306,800
2021 $4,004 $248,100 $0 $248,100
2020 $3,889 $234,100 $0 $234,100
2019 $3,941 $243,700 $0 $243,700
2018 $3,791 $233,600 $0 $233,600
2017 $3,311 $209,400 $0 $209,400
2016 $3,373 $209,400 $0 $209,400
2015 $3,122 $199,900 $0 $199,900
2014 $2,930 $160,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sylvia Zimmerman

  • G

    Seller Co-Listing Agent in 2013

    George Zimmerman

    Section Image
  • Larry Zeigler

    Buyer's Agent in 2013

    Larry Zeigler

    Michael Saunders

    (941) 228-2612

    5 in this area

    39 Total Sales

    Larry Zeigler
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3938222

Stellar MLS

APN: 0007-04-1015

Florida Sarasota County Longboat Key 34228

2721 Gulf of Mexico Dr Unit 307, Longboat Key, FL

This home is located at 2721 Gulf of Mexico Dr Unit 307, Longboat Key, FL 34228 since 21 January 2011 and is currently estimated at $510,875, approximately $756 per square foot. This property was built in 1970. 2721 Gulf of Mexico Dr Unit 307 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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