NOT LISTED FOR SALE

4140 Gulf of Mexico Dr Unit 4 Longboat Key, FL 34228

Estimated Value: $636,000 - $1,026,000

2 Beds
2 Baths
1,530 Sq Ft
$852/mo HOA Fee

Last Sold October 16, 2018

Last sale price $575,000 $376 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,842/month

28 Days on Market

Highlights

  • 308 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Anna Maria Elementary School Rated A-
  • Boat Dock
  • 5-minute walk to Bayfront Park Recreation Center

About This Home

As of October 2018

Unique opportunity to enjoy coastal living at its best: spectacular bay-to-beach setting, fun-filled amenities, gorgeous interior and full bay views! This 8-unit mid-key boutique condominium offers the rare combination of having your boat (up to 38ft) docked steps away, your own beach across the street plus, tennis, heated pool and club room. Inside, this walk-out first-floor condo, with no neighbors in sight, will pamper you with mesmerizing bay views, a gorgeous open plan masterfully created by Ellen Hauth-Barry ASID and the best finishes including Dacor stainless appliances, Silestone blue Sahara quartz countertops, solid maple cabinetry, drift-wood porcelain tile flooring, 7.1 surround sound system and, for peace of mind, PGT impact glass throughout and upgraded security system. Imagine morning coffee watching the dolphins on the bay, boating downtown for lunch, a dip in the pool after tennis, relaxing beach sunsets, the twinkling lights of the city at night. All, convenient to Longboat Key’s superb lifestyle. This is coastal living at its best!

Last Agent to Sell the Property

Fernando Viteri

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3089222 Listed on: 08/08/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Igor Barmash

CATALIST REALTY LLC License #3300719

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1973

Lot Details

  • 308 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • End Unit
  • Irrigation

HOA Fees

  • $852 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,530 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Sun or Florida Room
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall
  • Dock made with wood
  • Open Dock
  • Patio
  • Side Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Longboat Key Community
  • Longboat Key Yacht & Tennis Clu Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,855

Year Built

Built in 1973

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1530
  • Lot Size Acres: 0.89
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1530
  • Lot Size Sq Ft: 38751
  • Directions to Property: From Southern LBK, North on GMD, right at Mark I, 4140. Unit is on first floor.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4409898&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4409898&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.95993
  • Price per Sq Ft: 375.82
  • Close to Original List Price Ratio: 0.88462
  • Ratio: Current Price\Building Area Total: 375.82
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 4140
  • Room Count: 7
  • Additional Rooms: Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Tennis Court(s)
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Side Porch
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Slip 1st Come, Dock - Wood, Dock w/Electric, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0019F
  • Waterfront Frontage: 308
  • Water Frontage Feet I C W: 154
  • Additional Water Information: 4ft draft at low tide. Docks fit up to a 38ft boat.
  • Water Frontage Feet Bay Harbor: 154
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Open
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Maintenance, Optional Additional Fees, Pool, Recreation Facilities, Tennis Court(s)
  • Association: No
  • Senior Community: No
  • Condo Fees: 2556
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 852
  • Amenities Additional Fees: Owners may rent a dock. Costs range from
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10224
  • Total Monthly Fees: 852

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8022001203
  • Additional Parcels: No
  • Lot Features: FloodZone, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Complete application
  • Num Timesper Year: 12
  • Pet Restrictions: leash laws. max weight is 25 lbs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 30 day minimum lease. Up to 12 rentals per year allowed.

Tax Info

  • Tax Annual Amount: 3855
  • Tax Book Number: 636-407
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Oct 12, 2018
Sold by
Sileo Christopher L and Sileo Patricia S
Bought by
Thompson Elizabeth Mary
Seller's Agent
Fernando Viteri
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Igor Barmash
CATALIST REALTY LLC
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Current Estimated Value
$818,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,639
Avg. Annual Appreciation
5.19%
Original Mortgage
$374,500
Outstanding Balance
$232,601
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$586,038

Purchase Details

Closed on
Jan 28, 2005
Sold by
Manfredo Joseph A and Manfredo Kathleen R
Bought by
Sileo Christopher L and Sileo Patricia S

Purchase Details

Closed on
Apr 1, 2004
Sold by
Lowenthal Murray and Lowenthal Anne
Bought by
Manfredo Joseph A and Manfredo Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Elizabeth Mary $575,000 Attorney
Sileo Christopher L $515,000 Executive Title Ins Svcs Inc
Manfredo Joseph A $435,000 Longboat Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Elizabeth Mary $374,500
Previous Owner Manfredo Joseph A $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $575,000 -4.0% $376 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/26/2018 08/26/18 Price Changed $599,000 -7.8% $392 / Sq Ft
08/08/2018 08/08/18 For Sale $650,000 -- $425 / 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 $8,350 $194,982 -- $194,982
2024 $8,350 $544,000 -- $544,000
2023 $8,441 $544,000 $0 $544,000
2022 $8,319 $577,500 $0 $577,500
2021 $7,044 $440,000 $0 $440,000
2020 $7,077 $420,000 $0 $420,000
2019 $7,116 $420,000 $0 $420,000
2018 $4,168 $275,819 $0 $0
2017 $3,855 $270,146 $0 $0
2016 $3,850 $264,590 $0 $0
2015 $3,721 $262,751 $0 $0
2014 $3,721 $260,666 $0 $0
2013 $3,754 $263,612 $1 $263,611
Source: Public Records

Agents Affiliated with this Home

  • Fernando Viteri

    Seller's Agent in 2018

    Fernando Viteri

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 400-7676

    6 in this area

    263 Total Sales

    Fernando Viteri
    Section Image

  • I

    Buyer's Agent in 2018

    Igor Barmash

    CATALIST REALTY LLC

See All Agents

Map

Source: Stellar MLS

MLS Number: A4409898

Stellar MLS

APN: 80220-0120-3

Florida Manatee County Longboat Key 34228

4140 Gulf of Mexico Dr Unit 4, Longboat Key, FL

This home is located at 4140 Gulf of Mexico Dr Unit 4, Longboat Key, FL 34228 since 08 August 2018 and is currently estimated at $818,639, approximately $535 per square foot. This property was built in 1973. 4140 Gulf of Mexico Dr Unit 4 is a home with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High 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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