NOT LISTED FOR SALE

3155 Gulf of Mexico Dr Unit 227 Longboat Key, FL 34228

Estimated Value: $573,203

1 Bed
1 Bath
416 Sq Ft
$565/mo HOA Fee

Last Sold November 01, 2013

Last sale price $229,000 $550 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,849/month

111 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Public Beach
  • Community Pool
  • Southside Elementary School Rated A
  • Furnished
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2013

Walk right out onto the beach of Longboat Key from this studio apartment. Fully furnished, great income and investment opportunity. Property managers on site to facilitate easy rentals for day, week or month. Complete rental history available on request.This 1st floor studio has a great location just steps from the community pool, the door opens facing the Gulf of Mexico, Tiki huts and lounge chairs. Who is better than you in your weekend getaway place that yields great rental opportunity when you are not there. Located ideally on Longboat Key near Publix Shopping Center and great restaurants yet a short drive to St. Armands' Circle. Sold "As Is" with right to inspect.

Last Agent to Sell the Property

Joseph Cinque

FINE PROPERTIES License #3203248 Listed on: 06/01/2013

FINE PROPERTIES

Last Buyer's Agent

Mark Stanoch

License #3253335

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1960

Lot Details

  • Property fronts gulf or ocean
  • Public Beach
  • East Facing Home

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Studio
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 416 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach

Location

  • Flood Zone Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, sewer, water
  • Diplomat The Community
  • Diplomat Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,804

Year Built

Built in 1960

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 416
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 416
  • Directions to Property: Gulf of Mexico Drive north of Publix Shopping Center on Gulf side
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3979141&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3979141&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7328
  • Property Description: Studio/Efficiency
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 550.48
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 550.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 3155
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Waterfront Complex
  • Association Amenities: Laundry
  • Association Fee: 564.8
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 6777.6
  • Monthly HOA Fee: 564.8
  • Total Monthly Fees: 564.8

Lot Info

  • Parcel Number: 0005071016
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Level
  • Millage Rate: 14.67
  • Future Land Use: 3904
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 365
  • Expected Lease Date: 2013-11-01T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1804
  • Tax Book Number: 0009/0030
  • Tax Lot: 227

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Nov 1, 2013
Sold by
Meyer Marie Louise
Bought by
Magiera Walter J and Magiera Linda R
Seller's Agent
Joseph Cinque
FINE PROPERTIES
Buyer's Agent
Mark Stanoch
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$573,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,203
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
May 29, 2011
Sold by
Meyer Marie Louise
Bought by
Meyer Marie Louise

Purchase Details

Closed on
May 15, 1998
Sold by
Toneatti Walter and Meyer Marie Louise
Bought by
Meyer Marie Louise
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
Magiera Walter J $229,000 Attorney
Meyer Marie Louise -- Attorney
Meyer Marie Louise -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $229,000 0.0% $550 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $229,000 -- $550 / 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 $3,319 $258,698 -- --
2023 $3,319 $255,700 $0 $255,700
2022 $2,945 $213,800 $0 $213,800
2021 $2,953 $203,300 $0 $203,300
2020 $3,011 $202,000 $0 $202,000
2019 $2,913 $208,000 $0 $208,000
2018 $2,575 $176,000 $0 $176,000
2017 $2,531 $170,000 $0 $170,000
2016 $2,445 $161,000 $0 $161,000
2015 $2,436 $156,000 $0 $156,000
2014 $2,441 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Cinque

    Seller's Agent in 2013

    Joseph Cinque

    FINE PROPERTIES

    (203) 526-1759

    2 in this area

    15 Total Sales

    Joseph Cinque
    Section Image

  • M

    Buyer's Agent in 2013

    Mark Stanoch

    Section Image
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Map

Source: Stellar MLS

MLS Number: A3979141

Stellar MLS

APN: 0005-07-1016

Florida Sarasota County Longboat Key 34228

3155 Gulf of Mexico Dr Unit 227, Longboat Key, FL

This home is located at 3155 Gulf of Mexico Dr Unit 227, Longboat Key, FL 34228 since 01 June 2013 and is currently estimated at $573,203, approximately $1,377 per square foot. This property was built in 1960. 3155 Gulf of Mexico Dr Unit 227 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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