Seller's Agent in 2020
Eileen Gillen
COLDWELL BANKER REALTY
(941) 993-0370
47 in this area
109 Total Sales
4141 Gulf of Mexico Dr Unit 50 Longboat Key, FL 34228
Estimated Value: $300,974 - $367,000
1
Bed
1
Bath
332
Sq Ft
$400/mo
HOA Fee
Highlights
- 60 Feet of Waterfront
- Water access To Gulf or Ocean
- Heated In Ground Pool
- Southside Elementary School Rated A
- Private Beach
- 4-minute walk to Bayfront Park Recreation Center
About This Home
As of September 2020This studio efficiency gem is the "Bargain of the Century" in fun filled Longboat Key. Situated in one of SW Florida's most desirable 'Old Florida' resorts, this simple and uncomplicated vacation getaway has partial Gulf views and overlooks the community in the only Gulf facing building in the community. It is literally moments between your front door and the sand in this stress free, beach escape that is inviting you to enjoy the current income and maximize its future rental income potential. Being sold turn-key furnished (furniture, kitchenware and accessories included), this highly rentable efficiency studio has a newer A/C and an on-site, live-in professional property/rental manager who does it all for you...advertising, collecting rents, arranging housekeeping etc. making for a nearly effortless investment in fun and property ownership on the amazing resort island of Longboat Key. Better yet is that unlimited owner use and short term rentals are allowed. Imagine enjoying your beach getaway whenever you want then receiving a rental income check too! It's almost like being paid to go on vacation! You and your guests will love the charming cottage feel, 'Old Florida' appeal and intimate experience of this low maintenance condo. There's a comfortable seating area overlooking the community and Gulf, kitchenette, bedroom area, bathroom with trendy/vintage pink tile and shared community laundry. And when you make your way through the community out to the unspoiled beach with grassy dunes and complimentary chaises, you'll know that life is good and you own a piece of it. Your biggest decision of the day will be whether to spend the day on the beach or at the Gulf side heated pool with ample chaises followed by grilling the catch of the day at the pool side BBQ area. Not to be missed is the proximity of Sea Club 1 to Bayfront Park with its activities, cultural seminars and special events for all ages and interests including tennis, basketball, shuffleboard, picnic tables, playgrounds, kayaks, a multi-purpose ball field and pickle ball. This well located resort is also close to marinas, championship golf, dining, shopping and wonderful cultural events nearby. Check out the charms of this barefoot resort with its low fees, earning potential and 2020 paid reservations to help defray your vacation expenses as you enjoy your much deserved time at the beach!
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3385420 Listed on: 11/21/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,710
Year Built
- Built in 1956
Lot Details
- 60 Feet of Waterfront
- Property fronts gulf or ocean
- Property fronts a public beach
- Private Beach
- Public Beach
- End Unit
- West Facing Home
- Mature Landscaping
HOA Fees
- $400 Monthly HOA Fees
Property Views
- Partial Bay or Harbor
- Woods
Home Design
- Condo Hotel
- Elevated Home
- Turnkey
- Slab Foundation
- Block Exterior
- Stucco
Interior Spaces
- 332 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Blinds
- Family Room Off Kitchen
- Tile Flooring
- Walk-Up Access
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Hall
Home Security
Parking
- Common or Shared Parking
- Guest Parking
- Open Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Shower
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean
- Deeded access to the beach
- Property is near a marina
- Exterior Lighting
- Outdoor Grill
Location
- Flood Zone Lot
- Property is near public transit
- Property is near a golf course
- City Lot
Schools
- Anna Maria Elementary School
- W.D. Sugg Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tax Lot 50
- Assessor Parcel Number 8023302154
Community Details
Overview
- Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
- Christine Bushman Association, Phone Number (941) 383-2431
- Visit Association Website
- Sea Club 1 Condos
- Continentals Sea Club Community
- Continentals Sea Club I Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- Rental Restrictions
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Additional Features
- Laundry Facilities
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2019
Closed on
Sep 22, 2020
Sold by
Lord Sally
Bought by
Sawyer Duncan R
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Eileen Gillen
COLDWELL BANKER REALTY
List Price
$225,000
Sold Price
$204,500
Premium/Discount to List
-$20,500
-9.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,494
Avg. Annual Appreciation
9.61%
Purchase Details
Listed on
Oct 1, 2013
Closed on
Mar 24, 2014
Sold by
Cheesman William R
Bought by
Dozeman Marcia
Seller's Agent
Michael Gallatin
SVN COMMERCIAL PARTNERS
Buyer's Agent
Michael Gallatin
SVN COMMERCIAL PARTNERS
List Price
$199,000
Sold Price
$127,000
Premium/Discount to List
-$72,000
-36.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Purchase Details
Closed on
Nov 15, 2002
Sold by
Loos Alfred B
Bought by
Bruce Migone Harry Bruce and Bruce Milgone Harry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,250
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sawyer Duncan R | $204,500 | Attorney | |
| Dozeman Marcia | $127,000 | Attorney | |
| Bruce Migone Harry Bruce | $87,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bruce Migone Harry Bruce | $61,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/22/2020 09/22/20 | Sold | $204,500 | -2.2% | $616 / Sq Ft | |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- | |
| 07/10/2020 07/10/20 | Price Changed | $209,000 | -3.7% | $630 / Sq Ft | |
| 04/20/2020 04/20/20 | Price Changed | $217,000 | -3.6% | $654 / Sq Ft | |
| 12/09/2019 12/09/19 | For Sale | $225,000 | 0.0% | $678 / Sq Ft | |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- | |
| 11/21/2019 11/21/19 | For Sale | $225,000 | +36.4% | $678 / Sq Ft | |
| 08/17/2018 08/17/18 | Off Market | $165,000 | -- | -- | |
| 05/24/2017 05/24/17 | Sold | $165,000 | -17.5% | $497 / Sq Ft | View Prior Sale |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- | |
| 03/17/2017 03/17/17 | For Sale | $199,999 | +57.5% | $602 / Sq Ft | |
| 03/25/2014 03/25/14 | Sold | $127,000 | -2.2% | $383 / Sq Ft | View Prior Sale |
| 03/14/2014 03/14/14 | Pending | -- | -- | -- | |
| 03/14/2014 03/14/14 | Price Changed | $129,900 | -7.1% | $391 / Sq Ft | |
| 03/07/2014 03/07/14 | Price Changed | $139,900 | -3.2% | $421 / Sq Ft | |
| 02/28/2014 02/28/14 | Price Changed | $144,500 | -0.3% | $435 / Sq Ft | |
| 02/24/2014 02/24/14 | Price Changed | $144,900 | -3.3% | $436 / Sq Ft | |
| 02/21/2014 02/21/14 | Price Changed | $149,900 | -1.0% | $452 / Sq Ft | |
| 02/14/2014 02/14/14 | Price Changed | $151,400 | -1.0% | $456 / Sq Ft | |
| 02/06/2014 02/06/14 | Price Changed | $152,900 | -1.0% | $461 / Sq Ft | |
| 01/31/2014 01/31/14 | Price Changed | $154,400 | -1.0% | $465 / Sq Ft | |
| 01/24/2014 01/24/14 | Price Changed | $155,900 | -1.0% | $470 / Sq Ft | |
| 01/17/2014 01/17/14 | Price Changed | $157,400 | -1.6% | $474 / Sq Ft | |
| 12/13/2013 12/13/13 | Price Changed | $159,900 | -13.5% | $482 / Sq Ft | |
| 11/18/2013 11/18/13 | Price Changed | $184,900 | -7.1% | $557 / Sq Ft | |
| 10/01/2013 10/01/13 | For Sale | $199,000 | +80.9% | $599 / Sq Ft | |
| 05/10/2013 05/10/13 | Sold | $110,000 | -21.4% | $331 / Sq Ft | View Prior Sale |
| 03/18/2013 03/18/13 | Pending | -- | -- | -- | |
| 03/11/2013 03/11/13 | For Sale | $139,900 | 0.0% | $421 / Sq Ft | |
| 02/09/2013 02/09/13 | Pending | -- | -- | -- | |
| 02/01/2013 02/01/13 | Price Changed | $139,900 | -17.2% | $421 / Sq Ft | |
| 01/15/2013 01/15/13 | Price Changed | $169,000 | -11.0% | $509 / Sq Ft | |
| 10/27/2011 10/27/11 | For Sale | $189,900 | -- | $572 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,131 | $229,500 | -- | $229,500 |
| 2024 | $4,131 | $255,000 | -- | $255,000 |
| 2023 | $4,003 | $250,750 | $0 | $250,750 |
| 2022 | $3,741 | $231,000 | $0 | $231,000 |
| 2021 | $3,205 | $173,000 | $0 | $173,000 |
| 2020 | $2,900 | $145,000 | $0 | $145,000 |
| 2019 | $2,710 | $135,000 | $0 | $135,000 |
| 2018 | $2,745 | $135,000 | $0 | $0 |
| 2017 | $2,565 | $152,000 | $0 | $0 |
| 2016 | $2,385 | $135,700 | $0 | $0 |
| 2015 | $1,917 | $115,000 | $0 | $0 |
| 2014 | $1,917 | $110,001 | $0 | $0 |
| 2013 | $1,977 | $121,334 | $1 | $121,333 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Gillen
-
Linda Zuffa
L
Seller's Agent in 2017
Linda Zuffa
BRIGHT REALTY
(214) 563-9595
1 in this area
18 Total Sales
-
Michael Gallatin
M
Seller's Agent in 2014
Michael Gallatin
SVN COMMERCIAL PARTNERS
(941) 957-3730
7 Total Sales
-
Darlene Gamble
Seller's Agent in 2013
Darlene Gamble
FINE PROPERTIES
(941) 323-3212
21 Total Sales
Map
Source: Stellar MLS
MLS Number: A4451351
APN: 80233-0215-4
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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