NOT LISTED FOR SALE

Grand Bay 3080 Grand Bay Blvd Unit 545 Longboat Key, FL 34228

Estimated Value: $718,479 - $827,000

2 Beds
2 Baths
1,276 Sq Ft
$1,228/mo HOA Fee

Last Sold June 04, 2018

Last sale price $505,000 $396 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,054/month

80 Days on Market

Highlights

  • 189 Feet of Waterfront
  • Marina
  • Boat Dock
  • Southside Elementary School Rated A
  • White Water Ocean Views
  • On Golf Course

About This Home

As of June 2018

Top Floor South with Beautiful view of Sarasota Bay and downtown Sarasota. Two assigned Parking places, plus storage. Elevator to your own double door entry. Just freshly painted and new carpet. Yours to make ready for your lifestyle. Floor to ceiling glass sliders with views from every room. Master and living room have beautiful views of an open Sarasota Bay, looking south to downtown Sarasota. 2nd bedroom looks over Harbor Side Golf course of Longboat Key Club in Bay Isles. One of the BEST complexes on Longboat Key. Social activities galore. The gated and very private community features amenities; swimming pools, spa, fitness center, bike paths, onsite management, an elegant clubhouse and game room. Har-Tru tennis courts, gated entry and 24-hour security. Bay Isles owners have deeded beach access at The Beach Club, only available for you or your guests to enjoy the Gulf of Mexico’s sparkling waters whether you’re swimming, fishing or enjoying the beach and sun. A yacht marina close by and restaurant. Private golf. Close to St. Armands shopping and dining. It doesn’t get any better!

Last Agent to Sell the Property

Jim Soda

LIMBO COMPANY SARASOTA ASSOC License #0706056 Listed on: 02/02/2018

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • On Golf Course
  • End Unit
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,228 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Marina
  • Deeded access to the beach
  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include community pool, maintenance structure, ground maintenance, manager, recreational facilities
  • Grand Bay Mgmt Office: 387 0718, Mary Kay Association
  • Mid-Rise Condominium
  • Grand Bay Community
  • Grand Bay 5 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,120

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,228 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1276
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1655
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208940&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208940&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise, Penthouse
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.87069
  • Price per Sq Ft: 395.77
  • Close to Original List Price Ratio: 0.80159
  • Ratio: Current Price\Building Area Total: 305.14
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Double Oven, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Room Count: 5
  • Additional Rooms: Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Balcony, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Marina
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0038F
  • Waterfront Frontage: 189
  • Water Frontage Feet Bay Harbor: 189
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • 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, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Gated, Maintenance, Marina, Optional Additional Fees, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 3685
  • Association Fee Frequency: Quarterly
  • Association Name: Grand Bay Mgmt Office: 387-0718, Mary Kay
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community
  • Senior Community: No
  • Condo Fees: 692
  • Condo Fees Term: Annual
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 58
  • Amenities Additional Fees: Boat slip and dock via adjacent deep water marina, Longboat Key Club Moorings 941-383-8383 and championship golf via Longboat Key Club 941-383-8821. Please contract them directly for membership options and fees.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 15432
  • Monthly HOA Fee: 1228.33
  • Total Monthly Fees: 1286

Schools

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

Lot Info

  • Parcel Number: 0004103023
  • Additional Parcels: No
  • Lot Features: In County, On Golf Course
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Application process, see HOA docs.
  • Num Timesper Year: 2
  • Pet Restrictions: A unit owner may keep no more than two pets. Pets are limited to dogs or domestic cats. No exotic pets shall be permitted. See Association docs for full details.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs for lease restrictions

Tax Info

  • Tax Annual Amount: 7120
  • Tax Book Number: 31-24
  • Tax Lot: L12

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jun 4, 2018
Sold by
Kenner Properties Llc
Bought by
Castoino Richard and Hicks Donna
Seller's Agent
Jim Soda
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$630,000
Sold Price
$505,000
Premium/Discount to List
-$125,000
-19.84%
Current Estimated Value
$780,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,620
Avg. Annual Appreciation
6.05%
Original Mortgage
$400,000
Outstanding Balance
$239,878
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$540,742

Purchase Details

Closed on
Dec 15, 2017
Sold by
North Caroline Keener and Keener Staley Cates
Bought by
Keener Properties Llc

Purchase Details

Closed on
Dec 14, 2017
Sold by
Wells Fargo Bank N A and North Caroline Kenner
Bought by
North Caroline Kenner and Kenner Staley Cates

Purchase Details

Closed on
Mar 23, 2004
Sold by
Burke Joan E
Bought by
Keener Hurshell H and Keener Geraldine F

Purchase Details

Closed on
Feb 16, 2001
Sold by
Burke Joan E and Burke Thomas
Bought by
Burke Joan E

Purchase Details

Closed on
Nov 8, 1996
Sold by
Arvida Grand Bay Ltd Ptnr V
Bought by
Kline E Barry
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
Castoino Richard $505,000 Attorney
Keener Properties Llc -- Attorney
North Caroline Kenner -- Attorney
Keener Hurshell H $620,000 --
Burke Joan E -- --
Kline E Barry $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castoino Richard $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $505,000 -12.9% $396 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/13/2018 04/13/18 Price Changed $580,000 -3.2% $455 / Sq Ft
02/23/2018 02/23/18 Price Changed $599,000 -4.9% $469 / Sq Ft
02/02/2018 02/02/18 For Sale $630,000 -- $494 / 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 $8,876 $620,912 -- --
2023 $8,876 $763,300 $0 $763,300
2022 $7,766 $625,200 $0 $625,200
2021 $6,745 $466,500 $0 $466,500
2020 $6,380 $430,600 $0 $430,600
2019 $6,742 $460,300 $0 $460,300
2018 $7,080 $483,000 $0 $483,000
2017 $7,120 $483,000 $0 $483,000
2016 $7,249 $483,000 $0 $483,000
2015 $7,074 $471,900 $0 $471,900
2014 $6,924 $417,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4208940

Stellar MLS

APN: 0004-10-3023