NOT LISTED FOR SALE

Grand Bay 3080 Grand Bay Blvd Unit 525 Longboat Key, FL 34228

Estimated Value: $736,261 - $798,000

2 Beds
2 Baths
1,276 Sq Ft
$88/mo HOA Fee

Last Sold March 17, 2023

Last sale price $940,000 $737 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $4,817/month

16 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of March 2023

Come home to a light, bright and tastefully appointed residence in Grand Bay on Longboat Key, a sought-after community brimming with an exciting mix of amenities for your elegant resort lifestyle on the waterfront. With the popular Bimini floor plan, this 2BR/2BA, 1,276+/- sq.-ft. residence lives spaciously and spectacularly with soaring floor-to-ceiling glass inviting its stunning backdrop in to enhance the well-conceived and remarkably styled interior. Ready for you to move right in, the furnishings are available to you, so you can enjoy the turnkey experience with its comfortably elegant décor. The recently redone kitchen is an exceptional delight, bathed in an abundance of natural light and featuring solid surface countertops, a striking tile backsplash, stainless steel appliances, breakfast bar and recessed lighting. Just off the kitchen, the living room is both well-sized for entertaining and breathtaking with its panoramic views spanning the Harbourside golf course, Sarasota Bay and the vibrant city skyline, where the lights come alive at night and dance off the sparkling bay waters. The master suite is an ideal retreat, with a full corner of glass sliders unveiling the stunning vistas and opening to the large, open terrace. The master bath boasts dual vanities, spa tub, walk-in shower and beautiful tile work. Located behind the gates of Bay Isles, Grand Bay is a socially active community offering residents a host of fine amenities, including a clubhouse, under-building parking, deeded access to the Bay Isles Beach Club, a fitness center, 4 Har-Tru tennis courts, heated swimming pools and a spa.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 01/25/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Andrew Vac

RE/MAX ALLIANCE GROUP License #0510911

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Reserved Parking

Property Views

Home Design

  • Custom Home
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 4-Story Property
  • Furnished
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting

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

  • Association fees include 24-hour guard, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Kathy Podolsky Association, Phone Number (941) 387-0718
  • Bay Isles Master Association
  • Mid-Rise Condominium
  • Grand Bay Condos
  • Grand Bay Community
  • Grand Bay 5 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Golf Course Community

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,310

Year Built

Built in 1996

Lot Details

0

HOA Fees

$88 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1276
  • Lot Size Acres: 0.73
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1655
  • Lot Size Sq Ft: 31798
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4556715?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4556715?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8128
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.00106
  • Price per Sq Ft: 736.68
  • Close to Original List Price Ratio: 1.00106
  • Ratio: Current Price\Building Area Total: 567.98
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Gunite, Heated, Lighting
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Name: Kathy Podolsky
  • Phone: 941-387-0718
  • Association: No
  • Senior Community: No
  • Condo Fees: 5561
  • Condo Fees Term: Quarterly
  • S W Subdiv Condo Num: 8128
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1854
  • Complex Community Name NCCB: GRAND BAY
  • Association Approval Required YN: Yes
  • Association #2 Fee: 1058
  • Association #2 Fee Frequency: Annually
  • Association: Bay Isles Master Association

Fee Information

  • Total Annual Fees: 23302
  • Total Monthly Fees: 1941.83

Schools

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

Lot Info

  • Zoning: MUC1
  • Parcel Number: 0004103011
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Application with fee.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants are not allowed dogs.

Tax Info

  • Tax Annual Amount: 8309.96
  • Tax Book Number: 31-24
  • Tax Lot: G2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 14, 2023
Sold by
Drew Edward J
Bought by
Oconnor Michael and Oconnor Andrea Lynn
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Andrew Vac
RE/MAX ALLIANCE GROUP
List Price
$939,000
Sold Price
$940,000
Premium/Discount to List
$1,000
0.11%
Views
14
Current Estimated Value
$768,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,185
Avg. Annual Appreciation
-7.39%

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 15, 2020
Sold by
Sequeira James J and Sequeira Mariana R
Bought by
Drew Edward J
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$595,000
Sold Price
$589,000
Premium/Discount to List
-$6,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$471,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 10, 2018
Sold by
Amorini Mary Jo
Bought by
Sequeira James J and Sequeira Mariana R
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Feb 21, 2005
Sold by
Amorini Michael F and Amorini Mary Jo
Bought by
Amorini Mary Jo

Purchase Details

Closed on
Aug 31, 2000
Sold by
Drucker Joshua and Drucker Gabrielle
Bought by
Anorini Michael F and Amorini Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,800
Interest Rate
8.24%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Arvida Grand Bay Ltd Ptnr
Bought by
Drucker Joshua and Drucker Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.36%
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
Oconnor Michael $940,000 --
Drew Edward J $589,000 Attorney
Sequeira James J $525,000 Attorney
Amorini Mary Jo $120,600 --
Anorini Michael F $354,900 --
Drucker Joshua $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drew Edward J $471,200
Previous Owner Anorini Michael F $247,800
Previous Owner Drucker Joshua $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $940,000 +0.1% $737 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $939,000 0.0% $736 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $939,000 +59.4% $736 / Sq Ft
10/15/2020 10/15/20 Sold $589,000 -1.0% $430 / Sq Ft View Prior Sale
08/27/2020 08/27/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $595,000 +13.3% $434 / Sq Ft
07/10/2018 07/10/18 Sold $525,000 -4.5% $383 / Sq Ft View Prior Sale
06/13/2018 06/13/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $550,000 -- $401 / 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 $8,462 $651,800 -- $651,800
2023 $8,462 $670,530 $0 $0
2022 $8,310 $651,000 $0 $651,000
2021 $6,559 $458,400 $0 $458,400
2020 $6,099 $416,000 $0 $416,000
2019 $6,258 $431,100 $0 $431,100
2018 $6,571 $452,100 $0 $452,100
2017 $6,677 $452,100 $0 $452,100
2016 $6,798 $452,100 $0 $452,100
2015 $6,621 $441,700 $0 $441,700
2014 $6,482 $391,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4556715

Stellar MLS

APN: 0004-10-3011