NOT LISTED FOR SALE

408 Gulf of Mexico Dr Unit 1113 Longboat Key, FL 34228

Estimated Value: $41,852

-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Last Sold July 10, 2020

Last sale price $27,500

Est. 52% increase in value since last sale

Current estimated payment $408/month

58 Days on Market

Highlights

  • White Water Ocean Views
  • Community Boat Slip
  • 0.6 Acre Lot
  • Southside Elementary School Rated A
  • Access to Bay or Harbor
  • 5-minute walk to Overlook Park

About This Home

As of July 2020

Dock Slip Available! Excellent location with a low monthly fee! Slip #1113 available at the Boathouse dry storage located across from the Longboat Key Club. The boat rack can hold up to a 25" boat with up to a 8.6" beam and a height of 7.2". The facility is equipped with onsite bathrooms, onsite leasing, fuel and maintenance work rack. Call ahead and have your boat in the water, fueled and ready to go with easy access to Sarasota Bay and out to the Gulf of Mexico. After a long day of boating no need to worry about cleaning up, the staff will hose it down and put it away in the covered slip. Don't miss this rarely available opportunity for a boater and for the non boater, the slip is a great investment either way!

Option to lease from owner for $388/month

Last Agent to Sell the Property

Amanda Ortiz

OPTIMUS CREIA License #3425044 Listed on: 04/21/2020

Last Buyer's Agent

Randi Motz

License #3453083

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $254

Lot Details

  • 0.6 Acre Lot
  • East Facing Home

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Dock Rackominium

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • White Water Ocean Views
  • Access to Bay or Harbor

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance
  • Boathouse On Longboat Community
  • Boathouse On Longboat Subdivision

Recreation

  • Community Boat Slip

Property Details

Property Type

Other

Est. Annual Taxes

$254

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Dock-Rackominium
  • Lot Size Acres: 0.6
  • New Construction: No
  • Lot Size Sq Ft: 26052
  • Directions to Property: Located next to the Dry Dock Restaurant. Heading from South Longboat Key, Head over the bridge and the location is across from the Longboat Key Club golf course on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4465538?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4465538?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9201
  • Close to Original List Price Ratio: 0.91973
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 408

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Other
  • Sewer: Other
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Boat Slip
  • Association: No
  • Senior Community: No
  • Condo Fees: 155
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 155
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1860
  • Total Monthly Fees: 155

Lot Info

  • Parcel Number: 0012042020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 254.46
  • Tax Book Number: 1997-2360
  • Tax Lot: 1113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jul 10, 2020
Sold by
Venti Holdings Llc
Bought by
Penn Marc S and Kim K Penn Trust
Seller's Agent
Amanda Ortiz
OPTIMUS CREIA
Buyer's Agent
Randi Motz
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%
Current Estimated Value
$41,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,352
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Np
Bought by
Venti Holdings Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Campbell Victoria H Hurd
Bought by
Campbell David M

Purchase Details

Closed on
Mar 29, 2000
Sold by
L B K Boathouse Inc
Bought by
Campbell David M and Campbell Victoria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,943
Interest Rate
8.34%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Penn Marc S $27,500 Attorney
Venti Holdings Llc $15,600 None Available
Campbell David M -- None Available
Campbell David M $22,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell David M $19,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $27,500 -8.0% --
06/18/2020 06/18/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $29,888 0.0% --
04/21/2020 04/21/20 For Sale $29,900 -- --
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 $366 $28,750 -- --
2023 $366 $30,100 $30,100 $0
2022 $323 $25,000 $25,000 $0
2021 $300 $21,600 $21,600 $0
2020 $298 $22,700 $22,700 $0
2019 $254 $17,500 $17,500 $0
2018 $267 $18,200 $18,200 $0
2017 $261 $17,500 $17,500 $0
2016 $268 $17,500 $17,500 $0
2015 $286 $18,300 $18,300 $0
2014 $339 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Ortiz

    Seller's Agent in 2020

    Amanda Ortiz

    OPTIMUS CREIA

    (941) 302-7318

    16 Total Sales

    Amanda Ortiz
    Section Image

  • R

    Buyer's Agent in 2020

    Randi Motz

See All Agents

Map

Source: Stellar MLS

MLS Number: A4465538

Stellar MLS

APN: 0012-04-2020

Florida Sarasota County Longboat Key 34228

408 Gulf of Mexico Dr Unit 1113, Longboat Key, FL

This home is located at 408 Gulf of Mexico Dr Unit 1113, Longboat Key, FL 34228 since 21 April 2020 and is currently estimated at $41,852. 408 Gulf of Mexico Dr Unit 1113 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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