NOT LISTED FOR SALE

3155 Gulf of Mexico Dr Unit 237 Longboat Key, FL 34228

Estimated Value: $620,958

1 Bed
1 Bath
680 Sq Ft
$961/mo HOA Fee

Last Sold December 12, 2023

Last sale price $685,000 $1,007 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,647/month

30 Days on Market

Highlights

  • 500 Feet of Ocean or Gulf Waterfront
  • Beach Access
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of December 2023

This is big news, the first one-bedroom unit for sale in the Diplomat Beach Resort in over 4 and a half years. And to add to its desirability is that is a ground floor walk-out unit located on the quiet North end of the complex, away from the sounds of those enjoying the pool with less than 10 steps to the beach and Gulf waters outside your back door. Wide open Gulf views from inside your unit with a tiki table for outdoor dining and enjoying the daily sunsets along with the cool Gulf breezes and the sound of the surf lapping the pristine beach. The Diplomat is one of a very few Longboat condominiums allowing less than 7-day rentals. The staff manages everything for the owners including bookings, cleaning, the turnover, maintenance, and they go out of their way to ensure your guests have an exceptional stay. Net income for the owner is already over $34,000 in the first 8 months of 2023! Of course, as an owner you are welcome to stay as long as you like with notice to the management. The Bay Isles shopping complex with Publix, CVS, and other stores are only a couple minutes drive down Gulf of Mexico. In addition all that the special place of Longboat Key has to offer is just outside your door with restaurants, parks, tennis, biking, and public transportation. Famed St. Armands Circle is a 5-minute drive away. All new wood patterned, quality luxury vinyl plank flooring was installed in 2023 and the HVAC is less than three months old.

Last Agent to Sell the Property

Rob Dardas

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #0373066 Listed on: 10/05/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Allen Hovis

PREFERRED SHORE LLC License #3181698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,156

Year Built

  • Built in 1960

Lot Details

  • 500 Feet of Ocean or Gulf Waterfront
  • East Facing Home

HOA Fees

  • $961 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 680 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shades
  • Blinds
  • Laminate Flooring
  • Full Gulf or Ocean Views
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Circular Driveway
  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, internet, maintenance structure, management, pest control
  • Ami Mgmt Association
  • Diplomat The Community
  • The Diplomat Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,156

Year Built

Built in 1960

Lot Details

0

HOA Fees

$961 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Management, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 680
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 680
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive approx. 3 miles to The Diplomat on the Gulf side of the road.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1007.35
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Open Floorplan
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Shades
  • Street Number Modifier: 3155
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 63.17
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Lighting
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 500
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0107F
  • Water Frontage Feet Gulf Ocean: 500

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Guest, Open

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Wall Units / Window Unit
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Name: AMI Mgmt
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 3115
  • Condo Fees: 2882
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: nfleet@amiwra.com
  • Monthly Condo Fee Amount: 961

Fee Information

  • Total Annual Fees: 11528.00
  • Total Monthly Fees: 960.67

Lot Info

  • Zoning: R4MX
  • Parcel Number: 0005071023
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: As per Association Rules & Regs
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 5155.9
  • Tax Book Number: 1146-1284
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: As per Association Rules & Regs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 4, 2024
Sold by
Novetzke Richard C
Bought by
Richard Charles Novetzke Jr Revocable Trust and Novetzke
Seller's Agent
Rob Dardas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Allen Hovis
PREFERRED SHORE LLC
List Price
$690,000
Sold Price
$685,000
Premium/Discount to List
-$5,000
-0.72%
Views
28
Current Estimated Value
$620,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,042
Avg. Annual Appreciation
-5.09%

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 12, 2023
Sold by
Schweikhart Kevin and Schweikhart Velinda
Bought by
Novetzke Richard C
Seller's Agent
Rob Dardas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Allen Hovis
PREFERRED SHORE LLC
List Price
$690,000
Sold Price
$685,000
Premium/Discount to List
-$5,000
-0.72%
Views
28

Purchase Details

Closed on
Jul 22, 2015
Sold by
Girard Dennis and Girard Fernanda
Bought by
Schweikhart Kevin and Schweikhart Velinda
Source: Public Records

Range of Values:

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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
Richard Charles Novetzke Jr Revocable Trust $100 None Listed On Document
Richard Charles Novetzke Jr Revocable Trust $100 None Listed On Document
Novetzke Richard C $685,000 None Listed On Document
Schweikhart Kevin $375,000 Sarasota Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $685,000 -0.7% $1,007 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $690,000 -- $1,015 / 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 $5,156 $489,800 -- $489,800
2023 $5,156 $382,200 $0 $382,200
2022 $4,597 $319,600 $0 $319,600
2021 $4,518 $297,700 $0 $297,700
2020 $4,904 $316,000 $0 $316,000
2019 $4,761 $326,000 $0 $326,000
2018 $4,232 $276,000 $0 $276,000
2017 $4,153 $266,000 $0 $266,000
2016 $4,005 $251,000 $0 $251,000
2015 $3,545 $227,000 $0 $227,000
2014 $3,468 $196,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584609

Stellar MLS

APN: 0005-07-1023