NOT LISTED FOR SALE

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

Estimated Value: $1,466,000 - $1,824,000

3 Beds
2.5 Baths
2,290 Sq Ft
$2,267/mo HOA Fee

Last Sold March 14, 2023

Last sale price $1,820,000 $795 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,864/month

60 Days on Market

Highlights

  • White Water Ocean Views
  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Southside Elementary School Rated A
  • Beach Access
  • Fitness Center

About This Home

As of March 2023

SIGNIFICANT PRICE IMPROVEMENT. Shows absolutely beautifully. This stunning 3 bedroom, 2.5 bath, 2290-square foot upscale residence is an end unit at gated Tangerine Bay Club on the desirable south end of Longboat Key with an amazing lush, tropical view of Sarasota Bay. High-end remodel of entire condo, taken down to the studs and redesigned in an open, modern plan. Features include all new impact windows & sliding doors, premium Canadian oak flooring, high end finishes and fixtures, Artemide Italian light fixtures, 8-foot mahogany doors, electric Hunter-Douglas blinds, custom built-ins in every room, and a private 2-car under-building garage. The chef's kitchen is to die for boasting modern white Euro Tech cabinetry, Dekton multi-functional countertops, built-in induction Wolf cooktop and warming drawer, two Miele steam-infused/convection ovens for the gourmet cook, Miele dishwasher, Sub-Zero refrigerator, disappearing vented hood, wine refrigerator, and breakfast nook with built-in banquette and desk. The open concept of this residence is ideal for entertaining, showcasing a custom built-in credenza in the living room, stone-finished gas fireplace and superb views. The main bathroom boasts luxury with a 2-person Kohler bubble massage tub, double vanities, Euro Tech cabinetry, makeup vanity and large walk-in shower. Also included are a new washer & gas dryer, A/C with infrared light & HEPA filtration, new gas hot water heater and Sonos AV system. Enjoy the Florida sunrise from your private entry patio or savor a cocktail from your private balcony while taking in the colorful hues of a Florida sunset sky and the panoramic views of tropical palm trees overlooking the bay. Tangerine Bay Club offers residents beach access at the Bay Isles Beach Club for $250 per year. This community includes a resort-style lagoon pool and spa, half-mile walking trail, tennis/pickle ball courts, fitness center, social room with active calendar, day boat dock & kayak launch. Two small pets are allowed. Located across the road from golf, tennis and dining at the Longboat Key Club and minutes from world-renowned St. Armand's Circle, and the cultural activities of Downtown Sarasota.

Last Agent to Sell the Property

Carolyn Donnelly

COLDWELL BANKER REALTY License #0360540 Listed on: 12/02/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Sherri Mills

MICHAEL SAUNDERS & COMPANY License #3042812

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,776

Year Built

  • Built in 1992

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $2,267 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Ground Level Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Full Bay or Harbor
  • Garden

Home Design

  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,290 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • Property is near a marina
  • First Come-First Served Dock
  • Water Skiing Allowed
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Michael, Lighthouse Management Association, Phone Number (941) 806-7972
  • Mid-Rise Condominium
  • Tangerine Bay Club Condos
  • Tangerine Bay Club Community
  • Tangerine Bay Club Subdivision
  • On-Site Maintenance
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 22 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,776

Year Built

Built in 1992

Lot Details

0

HOA Fees

$2,267 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2290
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2700
  • Directions to Property: North on Gulf of Mexico Drive from New Pass Bridge. Just past first traffic light on the right. Turn right at guard gate, building 350A will be on your left. Unit 227 is on the second floor above parking.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553556?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553556?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8056
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.01393
  • Price per Sq Ft: 794.76
  • Close to Original List Price Ratio: 0.93333
  • Ratio: Current Price\Building Area Total: 674.07
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Porcelain Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 350
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch
  • Road Surface Type: Asphalt, Paved
  • Water View: Bay/Harbor - Full, Bay/Harbor - Partial
  • Water Access: Bay/Harbor, Beach, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Fishing Pier, Sailboat Water, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 1
  • Water Frontage Feet Bay Harbor: 1
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Ground Level, Guest, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fishing, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Michael, Lighthouse Management
  • Phone: 941-806-7972
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 6800
  • Condo Fees Term: Quarterly
  • Association Email: michaelcanacari@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2267
  • Amenities Additional Fees: Private beach access available at the Bay Isles Beach Club for $250 per year.
  • Complex Community Name NCCB: TANGERINE BAY CLUB
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 27200
  • Total Monthly Fees: 2266.67

Schools

  • Elementary School: Southside Elementary

Lot Info

  • Parcel Number: 0012051022
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Future Land Use: 0404
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 22
  • Minimum Lease: 2 Months
  • Approval Process: Board approval
  • Num Timesper Year: 2
  • Pet Restrictions: See Condo Documents. Board approval required. Pets must be 22 pounds or smaller when fully grown, or 16 inches high at the shoulder. Tenants not allowed pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Documents for Lease Restrictions

Tax Info

  • Tax Annual Amount: 9775.6
  • Tax Block: 2A
  • Tax Book Number: 0029/0031
  • Tax Lot: 227

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Mar 14, 2023
Sold by
Goldsmith Michael P and Goldsmith Linda R
Bought by
Boilercats Llc
Seller's Agent
Carolyn Donnelly
COLDWELL BANKER REALTY
Buyer's Agent
Sherri Mills
MICHAEL SAUNDERS & COMPANY
List Price
$1,795,000
Sold Price
$1,820,000
Premium/Discount to List
$25,000
1.39%
Views
52
Current Estimated Value
$1,647,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,694
Avg. Annual Appreciation
-3.85%
Original Mortgage
$750,000
Outstanding Balance
$403,420
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,243,886

Purchase Details

Closed on
Jan 14, 2015
Sold by
Goldsmith Linda R and Goldsmith Michael P
Bought by
Goldsmith Linda R

Purchase Details

Listed on
Jul 28, 2013
Closed on
Jul 2, 2014
Sold by
Dullard Stephen and Dullard Patricia L
Bought by
Goldsmith Linda R and Linda R Goldsmith 1991 Trust
Seller's Agent
Gene DePoris
COLDWELL BANKER REALTY
Buyer's Agent
Susan Smith
MICHAEL SAUNDERS & COMPANY
List Price
$895,000
Sold Price
$858,478
Premium/Discount to List
-$36,522
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Nov 20, 2006
Sold by
Saloga James E and Oliver Boyd Clow Trust
Bought by
Dullard Stephen and Dullard Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2003
Sold by
Gulf Coast Parking Co
Bought by
Clow Oliver Boyd

Purchase Details

Closed on
Dec 23, 2002
Sold by
Geyman Thomas G and Geyman Bonnie J
Bought by
Gulf Coast Parking Co

Purchase Details

Closed on
Apr 26, 1999
Sold by
Olson Curtis D
Bought by
Geyman Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.06%
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
Boilercats Llc $1,820,000 --
Goldsmith Linda R -- Attorney
Goldsmith Linda R -- Attorney
Goldsmith Linda R $858,478 Attorney
Dullard Stephen $912,500 None Available
Clow Oliver Boyd -- --
Gulf Coast Parking Co $750,000 --
Geyman Thomas G $502,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boilercats Llc $750,000
Previous Owner Dullard Stephen $400,000
Previous Owner Geyman Thomas G $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $1,820,000 +1.4% $795 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $1,795,000 0.0% $784 / Sq Ft
01/25/2023 01/25/23 For Sale $1,795,000 -1.4% $784 / Sq Ft
01/03/2023 01/03/23 Off Market $1,820,000 -- --
12/02/2022 12/02/22 For Sale $1,950,000 +127.1% $852 / Sq Ft
07/02/2014 07/02/14 Sold $858,478 -4.1% $375 / Sq Ft View Prior Sale
01/25/2014 01/25/14 Pending -- -- --
07/28/2013 07/28/13 For Sale $895,000 -- $391 / 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 $9,951 $1,374,800 -- $1,374,800
2023 $9,951 $780,272 $0 $0
2022 $9,776 $757,546 $0 $0
2021 $9,934 $735,482 $0 $0
2020 $10,009 $725,327 $0 $0
2019 $9,692 $709,020 $0 $0
2018 $9,533 $695,800 $0 $695,800
2017 $10,632 $696,000 $0 $696,000
2016 $9,825 $695,600 $0 $695,600
2015 $10,632 $746,300 $0 $746,300
2014 $9,717 $670,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4553556

Stellar MLS

APN: 0012-05-1022