NOT LISTED FOR SALE

3320 Gulf of Mexico Dr Unit 304-C Longboat Key, FL 34228

Estimated Value: $489,397 - $638,000

2 Beds
2 Baths
1,080 Sq Ft
$711/mo HOA Fee

Last Sold July 20, 2018

Last sale price $343,000 $318 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,271/month

51 Days on Market

Highlights

  • Community Boat Slip
  • Water Access
  • End Unit
  • Southside Elementary School Rated A
  • Bamboo Flooring
  • Solid Surface Countertops

About This Home

As of July 2018

COMPARE THIS PRICE TO ANY CONDO PROPERTY ON LBK UNDER 350…… Yes, the Closest building to the beach and a peek-a-boo view to the Gulf of Mexico and views to the Bay over the marina. Quality, updated condo. Great split plan for privacy. Boat slips ($200 per year) with a boat and kayak launch. Longboat Arms is Longboat Key's best-kept secret. Deeded access to the beach, a separate clubhouse, tennis, marina, kayak storage,, located at mid key, makes this complex a desirable destination. Bamboo and tile flooring. updated kitchen and baths, walk-in closets. Most windows updated. This is a delight as you come through the door. Light, bright and pride of ownership will be obvious.

Last Agent to Sell the Property

Maureen Horn

MICHAEL SAUNDERS & COMPANY License #3102504 Listed on: 04/16/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1971

Lot Details

  • End Unit

HOA Fees

  • $711 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,080 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Bamboo Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • First Come-First Served Dock

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, ground maintenance, sewer, trash, water
  • Progressive Mgmt Pam West Association
  • Longboat Arms Community
  • Longboat Arms Subdivision
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,667

Year Built

Built in 1971

Lot Details

0

HOA Fees

$711 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1080
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 1080
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to Longboat Arms on the bay side (right side) of road.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4400578&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4400578&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.98
  • Price per Sq Ft: 317.59
  • Close to Original List Price Ratio: 0.98
  • Ratio: Current Price\Building Area Total: 317.59
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: 3320
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water Access: Beach - Access Deeded
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0019F
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Elevator(s), Laundry, Pool
  • Association Name: Progressive Mgmt Pam West
  • Phone: 921-5393
  • Association: No
  • Senior Community: No
  • Condo Fees: 711
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 711
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8532
  • Total Monthly Fees: 711

Lot Info

  • Parcel Number: 0003151020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per Association Guidelines

Tax Info

  • Tax Annual Amount: 2667
  • Tax Book Number: 5-50
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 20, 2018
Sold by
Mcdonald Ferris Linda
Bought by
Whiting Patrick T and Whiting Kerry L
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$349,999
Sold Price
$343,000
Premium/Discount to List
-$6,999
-2%
Current Estimated Value
$570,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,849
Avg. Annual Appreciation
8.95%
Original Mortgage
$27,440
Outstanding Balance
$24,076
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$607,496

Purchase Details

Closed on
Feb 10, 2014
Sold by
Ferris Gregory Jon and Mcdonald Ferris Linda
Bought by
Mcdonald Ferris Linda

Purchase Details

Closed on
Jun 30, 2004
Sold by
Emmanuele Charles and Emmanuele Concetta
Bought by
Ferris Gregory J and Mcdonald Ferris Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Roberts Elva W and Fields Ray A
Bought by
Emmanuele Charles and Emmanuele Concetta
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
Whiting Patrick T $343,000 Attorney
Mcdonald Ferris Linda -- Attorney
Ferris Gregory J $280,000 --
Emmanuele Charles $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whiting Patrick T $27,440
Previous Owner Ferris Gregory J $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $343,000 -2.0% $318 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $349,999 -- $324 / 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 $5,389 $337,328 -- --
2023 $5,389 $490,500 $0 $490,500
2022 $4,775 $412,700 $0 $412,700
2021 $3,944 $280,600 $0 $280,600
2020 $3,514 $230,400 $0 $230,400
2019 $3,810 $253,600 $0 $253,600
2018 $2,867 $186,100 $0 $186,100
2017 $2,667 $171,900 $0 $171,900
2016 $2,650 $167,600 $0 $167,600
2015 $2,629 $175,400 $0 $175,400
2014 $2,464 $158,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4400578

Stellar MLS

APN: 0003-15-1020

Florida Sarasota County Longboat Key 34228

3320 Gulf of Mexico Dr Unit 304-C, Longboat Key, FL

This home is located at 3320 Gulf of Mexico Dr Unit 304-C, Longboat Key, FL 34228 since 16 April 2018 and is currently estimated at $570,849, approximately $528 per square foot. This property was built in 1971. 3320 Gulf of Mexico Dr Unit 304-C 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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