NOT LISTED FOR SALE

Portobello 3235 Gulf of Mexico Dr Unit 405 Longboat Key, FL 34228

Estimated Value: $936,000 - $1,042,000

2 Beds
2 Baths
1,260 Sq Ft
$1,625/mo HOA Fee

Last Sold October 21, 2024

Last sale price $1,100,000 $873 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,548/month

175 Days on Market

Highlights

  • Bay Harbor Waterfront
  • Beach View
  • Dock made with wood
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • 4.85 Acre Lot

About This Home

As of October 2024

This stunning two bedroom beachfront residence with impact windows and sliders offers breathtaking views of the Gulf from every room. Enjoy incredible beach vistas and stunning sunsets while listening to the tranquil sounds of waves crashing on the shore. The approximately 28' foot screened-in lanai is perfect for enjoying a book, your morning coffee, or just observing boats passing by. The renovated kitchen features granite counters, stainless steel appliances, and a breakfast bar for casual dining. The primary bedroom boasts a large walk-in closet with built-ins and terrace access. Visitors are pampered in the ensuite guest bedroom with their own water views and terrace access. The laundry closet is located near the kitchen for added convenience. Portobello, located at Mid-Key, offers a heated pool, clubhouse, a tennis court, kayak storage, and a community day dock for fishing or docking a boat for the day. With easy access to Sarasota Bay and miles of white sand beach to explore, residents and visitors can have the best of both the Gulf and the Bay. The property is also close to Longboat Key's shops, restaurants and Publix, as well as the restaurants and shopping on St. Armand's Circle and the arts and culture located in nearby downtown Sarasota. This is the perfect beach getaway for those looking to own a piece of paradise in a prime location. Don't miss out on this ideal opportunity to enjoy Longboat Life at its finest.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 03/13/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Karin Leereveld

COLDWELL BANKER REALTY License #0671062

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1975

Lot Details

  • Northeast Facing Home
  • Mature Landscaping

HOA Fees

  • $1,625 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 4th floor
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Dock made with wood
  • Open Dock
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • David Novak Association, Phone Number (941) 306-1118
  • Mid-Rise Condominium
  • Portobello Community
  • Portobello Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,300

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,625 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1260
  • Lot Size Acres: 4.85
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1420
  • Lot Size Sq Ft: 211325
  • Directions to Property: Coming from St. Armands head north on Gulf of Mexico Drive past the light at Bay Isles Parkway. Portobello will be shortly thereafter on the left/west side. Guest parking is on the north side of building. Elevators are located in the middle of building. Head right off the elevator on floor #4 to unit #405.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 4
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 873.02
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise
  • Water Frontage Feet Beach: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock - Wood
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Gulf/Ocean Front,Intracoastal Waterway
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Impact Glass/Storm Windows
  • Street Number Modifier: 3235
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 117.06
  • Room Count: 5

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO/SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 4
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0019F
  • Water Frontage Feet Bay Harbor: 1
  • Water Frontage Feet ICW: 1
  • Water Frontage Feet Gulf Ocean: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Pool, Tennis Court(s)
  • Association Fee: 4875
  • Association Fee Frequency: Quarterly
  • Association Name: David Novak
  • Phone: 941.306.1118
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 3235
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: david@longboatps.com

Fee Information

  • Total Annual Fees: 19500.00
  • Total Monthly Fees: 1625.00
  • Monthly HOA Amount: 1625.00

Lot Info

  • Zoning: R4MX
  • Parcel Number: 0005021023
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 19633

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 8300
  • Tax Book Number: 1121-2055
  • Tax Lot: A405

Multi Family

  • Waterfront Features: Bay/Harbor, Beach Front, Gulf/Ocean, Intracoastal Waterway
  • Approval Process: See Condo Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Oct 21, 2024
Sold by
Hurd Raymond B and Raymond B Hurd And Mimi S Hurd Revocable
Bought by
Cross Ann Allen and Cross Matthew Weldon
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Karin Leereveld
COLDWELL BANKER REALTY
List Price
$1,249,000
Sold Price
$1,100,000
Premium/Discount to List
-$149,000
-11.93%
Views
56
Current Estimated Value
$982,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,243
Avg. Annual Appreciation
-11.19%
Original Mortgage
$825,000
Outstanding Balance
$815,960
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$166,797

Purchase Details

Closed on
Aug 12, 2011
Sold by
Talarico Ralph M
Bought by
Hurd Raymond B and Hurd Mimi S

Purchase Details

Closed on
Sep 10, 1993
Sold by
Hunter Ronald A and Hunter Elizabeth C
Bought by
Talarico Ralph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cross Ann Allen $1,100,000 Clear Title Group
Hurd Raymond B $360,000 Attorney
Talarico Ralph M $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Ann Allen $825,000
Previous Owner Talarico Ralph M $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $1,100,000 -7.9% $873 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $1,195,000 -4.3% $948 / Sq Ft
03/13/2024 03/13/24 For Sale $1,249,000 -- $991 / 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 $8,300 $505,115 -- --
2023 $8,300 $754,100 $0 $754,100
2022 $6,604 $514,600 $0 $514,600
2021 $5,756 $379,500 $0 $379,500
2020 $5,836 $375,200 $0 $375,200
2019 $6,743 $447,300 $0 $447,300
2018 $7,223 $477,000 $0 $477,000
2017 $7,051 $457,138 $0 $0
2016 $6,626 $430,600 $0 $430,600
2015 $5,899 $377,800 $0 $377,800
2014 $5,678 $354,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4602938

Stellar MLS

APN: 0005-02-1023