NOT LISTED FOR SALE

380 N Shore Rd Unit 5 Longboat Key, FL 34228

Estimated Value: $458,512 - $540,000

1 Bed
1 Bath
512 Sq Ft
$533/mo HOA Fee

Last Sold April 20, 2022

Last sale price $501,000 $979 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,728/month

5 Days on Market

Highlights

  • 199 Feet of Waterfront
  • Boat Dock
  • Home fronts a lagoon or estuary
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • Lagoon View

About This Home

As of April 2022

Rarely available, turnkey furnished waterfront condominium on Longboat Key allowing weekly rentals up to 52x per year. Wonderful views from your back patio of "Beer Can" lagoon and Longboat Pass, with access to the sandbar at Jewfish Key and the Gulf of Mexico. Less than 400 steps from the beautiful gulf beaches of Longboat Key with no roads to cross. This cozy waterfront condominium comfortably sleeps 4 with the Murphy bed in the living room and bunk beds in the front bedroom (which is big enough to fit a queen-sized bed if desired). The unit features an updated kitchen with granite counter tops and solid wood cabinets, a covered patio overlooking the water, a private storage locker for all of your beach gear, a new fishing pier and boat dock for temporary boat tie up. Two kayaks which are kept in the included kayak storage area are also included in the purchase. Longboat Pass condominiums are located on the northern end of Longboat Key, just across the Longboat Pass bridge from Anna Maria Island. From here you are less than 2 miles from the shops and restaurants of Anna Maria's Bridge Street, and a short 20 minute drive across beautiful Longboat Key to St. Armand Circle. Pets up to 30 pounds (owner's only) and weekly rentals are allowed. Hurry, grab your piece of paradise now!

Last Agent to Sell the Property

Thomas Murphy

SKYWAY REALTY OF FLORIDA, LLC License #3139623 Listed on: 04/01/2022

Co-Listed By

Donna Murphy

SKYWAY REALTY OF FLORIDA, LLC License #3076001

Last Buyer's Agent

Lisa Warren

OWN SRQ LLC License #3079333

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1969

Lot Details

  • Home fronts a lagoon or estuary
  • 199 Feet of Waterfront
  • South Facing Home
  • Condo Land Included

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Ceramic Tile Flooring
  • Lagoon Views

Kitchen

  • Cooktop
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access To Lagoon or Estuary
  • Fishing Pier
  • Open Dock
  • Dock made with Composite Material
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, maintenance repairs, pest control
  • Darryl Derwort Association
  • Long Boat Pass Condominium Community
  • Longboat Pass Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,243

Year Built

Built in 1969

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 512
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 672
  • Lot Size Sq Ft: 27064
  • Directions to Property: Gulf drive to west on North Shore Rd on south side of Longboat Pass bridge. Condo is on the right.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4530266?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4530266?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.002
  • Price per Sq Ft: 978.52
  • Close to Original List Price Ratio: 1.002
  • Ratio: Current Price\Building Area Total: 745.54
  • View: Yes
  • Co List Office Mls Id: 281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Stone Counters
  • Appliances Included: Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 380
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Lagoon
  • Water Access: Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon
  • Water Extras: Dock - Composite, Dock - Open, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0283F
  • Waterfront Frontage: 199
  • Water Frontage Feet Lagoon: 199

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Water Access, Waterfront
  • Association Amenities: Boat Dock
  • Association Fee Frequency: Quarterly
  • Association Name: Darryl Derwort
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1600
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 533
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6400
  • Total Monthly Fees: 533.33

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7812910300
  • Additional Parcels: No
  • Lot Dimensions: 136X199
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-10

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1 Week
  • Approval Process: See condo docs
  • Num Timesper Year: 52
  • Pet Restrictions: Tenants are not permitted to have pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants are not allowed to have pets, minimum 7-day rental

Tax Info

  • Tax Annual Amount: 3243
  • Tax Book Number: 1018-3046
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Dec 3, 2013
Sold by
Armstrong H Guy
Bought by
Banach Gregory E and Banach Rochelle D
Seller's Agent
John Kloss
MOUNT VERNON PROPERTY MGMT INC
Buyer's Agent
John Kloss
MOUNT VERNON PROPERTY MGMT INC
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Current Estimated Value
$485,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,128
Avg. Annual Appreciation
10.40%
Original Mortgage
$120,000
Outstanding Balance
$89,515
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$395,613

Purchase Details

Closed on
Sep 28, 2009
Sold by
Armstrong H Guy and Armstrong Phyllis A
Bought by
Armstrong H Guy
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
Banach Gregory E $150,000 Stewart Title Company
Armstrong H Guy -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banach Gregory E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Sold $501,000 +0.2% $979 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $500,000 +233.3% $977 / Sq Ft
12/03/2013 12/03/13 Sold $150,000 -6.3% $293 / Sq Ft View Prior Sale
10/23/2013 10/23/13 Pending -- -- --
04/18/2013 04/18/13 Price Changed $160,000 -5.9% $313 / Sq Ft
12/28/2012 12/28/12 For Sale $170,000 -- $332 / 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
2025 $7,473 $167,374 -- $167,374
2024 $7,473 $463,250 -- $463,250
2023 $6,943 $412,250 $0 $412,250
2022 $3,665 $215,250 $0 $215,250
2021 $3,243 $175,000 $0 $175,000
2020 $3,246 $165,000 $0 $165,000
2019 $3,052 $155,000 $0 $155,000
2018 $3,093 $155,000 $0 $0
2017 $2,706 $152,900 $0 $0
2016 $2,599 $148,350 $0 $0
2015 $2,006 $128,990 $0 $0
2014 $2,006 $115,163 $0 $0
2013 $2,044 $122,514 $1 $122,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4530266

Stellar MLS

APN: 78129-1030-0