NOT LISTED FOR SALE

370 Gulf of Mexico Dr Unit 423 Longboat Key, FL 34228

Estimated Value: $1,100,000 - $1,649,000

2 Beds
2.5 Baths
2,350 Sq Ft
$2,017/mo HOA Fee

Last Sold November 12, 2021

Last sale price $1,100,000 $468 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,792/month

9 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Boat Dock
  • Fitness Center
  • Southside Elementary School Rated A
  • Fishing Pier
  • Heated In Ground Pool

About This Home

As of November 2021

Rarely available light and bright second floor end unit with lovely views of the Bay and tropical grounds. The spacious island kitchen with large pantry features a newer dishwasher, refrigerator, built-in oven & microwave next to a large breakfast room with built in desk. There are additional windows in kitchen and dining room. The laundry room has been updated and includes washer and natural gas dryer & water heater. The residence has been fitted with high impact hurricane windows and sliders and has high ceilings and mahogany doors throughout. The master bedroom offers custom built-ins, an en-suite bathroom with dual sink vanity, jetted tub and separate walk-in shower. The Den has custom built-in cabinetry and can be utilized as a perfect office space. Cookout and entertain friends and family in your private courtyard with gas grill. Relax on your spacious balcony/patio with a cool drink and enjoy the Bay breezes. Lives like a single-family home but with the convenience of a condominium. The private 2 car garage is a wonderful feature. This pristine gated community is immaculately maintained. World class amenities Including 25-meter heated pool with dedicated lap lanes, lagoon with fountain, heated spa, updated clubhouse with fitness center overlooking the pool with waterfall, Tennis & pickleball, day dock & kayak launching area with full service on-site management. Tangerine Bay Club is Located only minutes to St Armands Circle for fine dining and shopping, downtown Sarasota with its art galleries and wonderful theater district as well as the Longboat Key Club directly across Gulf of Mexico Drive This unit is like new and a perfect vacation home or full-time residence. Membership to Bay Isles Beach Club is available at a nominal cost.

Last Agent to Sell the Property

Debra Pitell-Hauge

MICHAEL SAUNDERS & COMPANY License #0388893 Listed on: 09/15/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Lisa Sebastian

MICHAEL SAUNDERS & COMPANY License #3431727

Last Buyer's Agent

Sean Clark

MICHAEL SAUNDERS & COMPANY License #3440725

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,916

Year Built

  • Built in 1994

Lot Details

  • 300 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • Northeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $2,017 Monthly HOA Fees

Parking

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

Property Views

  • Full Bay or Harbor
  • Lagoon

Home Design

  • Turnkey
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,350 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Outdoor Features

  • Heated In Ground Pool
  • Fishing Pier
  • Access to Bay or Harbor
  • Dock made with wood
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near a golf course
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security
  • Light House Property Mgmt Michael Canacari Association, Phone Number (941) 460-5560
  • Mid-Rise Condominium
  • Tangerine Bay Club Community
  • Tangerine Bay Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 22 lbs
  • 2 Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,916

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,017 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 2350
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 2720
  • Directions to Property: From Downtown Sarasota, take the John Ringling Causeway West, continuing Onto John Ringling Blvd. At St. Armand's Circle take the 1st Exit onto N. Blvd of The Presidents. Drive North over New Pass Bridge to North on Gulf of Mexico Drive. Tangerine Bay will be on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511785?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511785?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91667
  • Price per Sq Ft: 468.09
  • Close to Original List Price Ratio: 0.91667
  • Ratio: Current Price\Building Area Total: 404.41
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 370
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Lagoon
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Wood, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 300
  • Water Frontage Feet Bay Harbor: 300
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Name: Light House Property Mgmt Michael Canacari
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 6050
  • Condo Fees Term: Quarterly
  • Association Email: MichaelCanacari@Mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2017
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 24200
  • Total Monthly Fees: 2016.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0012051106
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Near Golf Course, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 22
  • Minimum Lease: 2 Months
  • Approval Process: Application with fee
  • Num Timesper Year: 2
  • Pet Restrictions: As per Association Guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per Association Guidelines

Tax Info

  • Tax Annual Amount: 8916
  • Tax Book Number: 29-31
  • Tax Lot: 423

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 12, 2021
Sold by
Kelley Bernard J
Bought by
Gall Raymond John and Gall Marybeth
Seller's Agent
Debra Pitell-Hauge
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sean Clark
MICHAEL SAUNDERS & COMPANY
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,276,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,664
Avg. Annual Appreciation
3.89%
Original Mortgage
$770,000
Outstanding Balance
$706,158
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$570,506

Purchase Details

Closed on
Mar 26, 2008
Sold by
Hayslett Walter C
Bought by
Kelley Bernard J and Kelley Josephine C

Purchase Details

Closed on
Feb 18, 2005
Sold by
Pagano Frank P and Pagano Carol A
Bought by
Hayslett Walter C

Purchase Details

Closed on
Jul 28, 1994
Sold by
Tangerine Bay Co
Bought by
Pagano Frank P and Pagano Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
8.28%
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
Gall Raymond John $1,100,000 Msc Title Inc
Kelley Bernard J $950,000 Attorney
Hayslett Walter C $900,000 --
Pagano Frank P $490,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gall Raymond John $770,000
Previous Owner Pagano Frank P $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $1,100,000 -8.3% $468 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,200,000 -- $511 / 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 $11,759 $949,293 -- --
2023 $11,759 $921,644 $0 $0
2022 $11,553 $894,800 $0 $894,800
2021 $7,906 $554,400 $0 $554,400
2020 $8,916 $613,400 $0 $613,400
2019 $9,422 $655,000 $0 $655,000
2018 $9,049 $626,700 $0 $626,700
2017 $9,199 $626,900 $0 $626,900
2016 $9,360 $626,500 $0 $626,500
2015 $10,075 $672,100 $0 $672,100
2014 $9,520 $603,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debra Pitell-Hauge

    Seller's Agent in 2021

    Debra Pitell-Hauge

    Michael Saunders

    (941) 356-0437

    14 in this area

    39 Total Sales

    Debra Pitell-Hauge
    Section Image
  • Lisa Sebastian

    Seller Co-Listing Agent in 2021

    Lisa Sebastian

    Michael Saunders

    (941) 544-5413

    14 in this area

    40 Total Sales

    Lisa Sebastian
    Section Image
  • Sean Clark

    Buyer's Agent in 2021

    Sean Clark

    Michael Saunders

    (941) 312-1146

    24 in this area

    36 Total Sales

    Sean Clark
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4511785

Stellar MLS

APN: 0012-05-1106

Florida Sarasota County Longboat Key 34228

370 Gulf of Mexico Dr Unit 423, Longboat Key, FL

This home is located at 370 Gulf of Mexico Dr Unit 423, Longboat Key, FL 34228 since 15 September 2021 and is currently estimated at $1,276,664, approximately $543 per square foot. This property was built in 1994. 370 Gulf of Mexico Dr Unit 423 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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