NOT LISTED FOR SALE

3740 Gulf of Mexico Dr Unit 114 Longboat Key, FL 34228

Estimated Value: $309,000 - $394,000

1 Bed
1 Bath
798 Sq Ft
$431/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $255,000 $320 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,686/month

91 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Fishing
  • Water Views
  • Heated In Ground Pool
  • Senior Community

About This Home

As of June 2021

With stunning Bayfront and Marina views, this beautiful Villa is truly one of a kind and sets the tone for Longboat key living. Luxurious and laid back, this villa is found in the tight-knit community of Twin Shores-located Mid Key(Close to both St. Armands Circle and Anna Maria Island). Not only are you Sitting within Steps to Panoramic Views of the Bay and your own Boat Slip, but you have private deeded beach access just a few minutes walk from your front door. Imagine yourself catching sunrise and coffee right on the water to start your day and ending it on the beach without having to get in your car. The interior has been completely renovated with modern touches and a chic style filled with a fresh palate of light colors. The great room plan welcomes an abundance of sunlight throughout the open and airy space that combines the kitchen, eat-in dining, and family room. Two energy-efficient mini-split systems cool the entire villa and impact windows provide savings on utility bills. The bedroom is very large with an expansive walk-in closet equipped with high-end built-in cabinetry to compliment. The association fees in Twin Shores are one of the lowest on the island which takes care of the grounds, pool maintenance, water, sewer, and trash. If you're looking for little to no maintenance, a great tight-knit community with so many things to offer to enjoy the Island lifestyle, and peaceful waterfront living, you've found your place. There really is no better value on Longboat. Perfect fit for your primary residence or seasonal home. Ask about your own boat slip options and rental potential. There is so much this little 55+ community has to offer, schedule for your private showing today!

Last Agent to Sell the Property

Renne Rupp

COMPASS FLORIDA LLC License #3401154 Listed on: 03/04/2021

COMPASS FLORIDA LLC

Last Buyer's Agent

Dawn Dougherty Switt

COLDWELL BANKER REALTY License #0645424

COLDWELL BANKER REALTY

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1950

Lot Details

  • 1,547 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • 4 Lots in the community
  • Additional Parcels

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Villa
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 798 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water Access
  • Property is near a marina
  • Rain Gutters

Location

  • Flood Zone Lot

Utilities

  • Mini Split Air Conditioners
  • Central Heating
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Progressive Community Managament Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Twin Shores Mobile Home Community
  • Twin Shores Mobile Home Subdivision
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,667

Year Built

Built in 1950

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 798
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 1547
  • Number Of Lots: 4
  • Directions to Property: Travel North from Longboat Key South Bridge to 3740 Gulf of Mexico Dr, Turn East onto Twin Shores Blvd. Follow till fork in the and Road make a Right Turn, you will be facing the 4 Villa's. If traveling South from Anna Maria, take a left into Twin Shores, 3740 Gulf of Mexico Dr. Follow till fork in the road and take a right, you'll be facing the 4 villas.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493256?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493256?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: In M/H Community
  • Ratio: Close Price\List Price: 0.98456
  • Price per Sq Ft: 319.55
  • Close to Original List Price Ratio: 0.98456
  • View: Yes
  • Ownership: Co-op
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 3740
  • Room Count: 3
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0019F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Water Access, Waterfront
  • Association Fee: 463.33
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Community Managament
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: Yes
  • Association Website: http://www.twinshoreslbk.us
  • Association Email: Office@pcmfla.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5559.96
  • Monthly HOA Fee: 463.33
  • Total Monthly Fees: 463.33

Lot Info

  • Zoning: R6MX
  • Parcel Number: 0003032114
  • Additional Parcels Description: 0003032110,0003032116,0003032112
  • Additional Parcels: Yes
  • Lot Features: FloodZone, Near Marina, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Application and $100 fee required.
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Two Months minimum, max 3 times per year. Application and approval from HOA required.

Tax Info

  • Tax Annual Amount: 2666.84
  • Tax Block: 1
  • Tax Lot: 114

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

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $255,000 -1.5% $320 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $259,000 -- $325 / 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 $4,119 $309,200 $190,700 $118,500
2023 $4,119 $317,100 $188,900 $128,200
2022 $3,625 $259,100 $139,500 $119,600
2021 $2,834 $190,100 $121,900 $68,200
2020 $2,667 $174,200 $109,100 $65,100
2019 $2,768 $183,000 $106,900 $76,100
2018 $2,693 $177,200 $101,900 $75,300
2017 $2,583 $166,600 $106,700 $59,900
2016 $2,626 $166,500 $89,200 $77,300
Source: Public Records

Agents Affiliated with this Home

  • Renne Rupp

    Seller's Agent in 2021

    Renne Rupp

    COMPASS FLORIDA LLC

    (941) 447-8251

    7 in this area

    75 Total Sales

    Section Image
  • Dawn Dougherty Switt

    Buyer's Agent in 2021

    Dawn Dougherty Switt

    COLDWELL BANKER REALTY

    (813) 810-4663

    1 in this area

    49 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4493256

Stellar MLS

APN: 0003-03-2114

Florida Sarasota County Longboat Key 34228

3740 Gulf of Mexico Dr Unit 114, Longboat Key, FL

This home is located at 3740 Gulf of Mexico Dr Unit 114, Longboat Key, FL 34228 since 04 March 2021 and is currently estimated at $344,082, approximately $431 per square foot. This property was built in 1950. 3740 Gulf of Mexico Dr Unit 114 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

Nearby Homes