NOT LISTED FOR SALE

420 Firehouse Ct Unit 7 Longboat Key, FL 34228

Estimated Value: $420,000 - $529,000

2 Beds
2 Baths
1,015 Sq Ft
$863/mo HOA Fee

Last Sold September 06, 2024

Last sale price $500,000 $493 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,162/month

304 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Florida Architecture
  • Anna Maria Elementary School Rated A-
  • Property is near public transit
  • Park or Greenbelt View

About This Home

As of September 2024

Location, location, location! This is the only ground-floor villa unit currently for sale on the west side of Gulf of Mexico Drive. The Faine Apartments Condominium, Inc. (recently voted a name change to North End Villas) is located at 420 Firehouse Court, across Gulf of Mexico Drive, from the Village of Longboat Key and is a ten-unit complex of attached villas. The west building houses units seven through ten. The east building houses units one through six. Both buildings had new roofs installed in 2015 and all the pipes relined, except for the utility rooms in September of 2022. Between the two buildings is a grass area with a picket fence that is community property. Ten units total on the west side of Gulf of Mexico Drive, walking distance to the beach and the Gulf of Mexico, down Firehouse to Broadway Street or up Firehouse Court to North Shore Road. Broadway is the deeded beach access for the Village of Longboat Key with parking lots and a boardwalk over to the beach. This complex is a short walk, bicycle ride or drive to Whitney’s Restaurant, the Whitney Beach Shopping Plaza, Mar Vista Dockside & Pub, the newer Shore Restaurant, Beer Can Island, and Sarasota Bay for you boating and fishing enthusiasts.
This two-bedroom, two-bathroom villa with 1,015 square feet of air-conditioned space is in original condition, with a newer roof, a newer HVAC system installed by Veteran Air in May of 2021, a newer hot water heater in November of 2021, a new toilet in the Master Bathroom, and a new Kitchen faucet with sprayer, all installed in July of 2023. The range and refrigerator in the Kitchen, age unknown, and both are in working condition. There is no dishwasher, microwave, or disposal. There is a screened front lanai with concrete flooring and the utility, mechanical, un-air-conditioned laundry room, with washer, dryer, and the hot water heater. The parking space is adjacent to the lanai.
This unit is vacant and on lockbox and easy to show. Come live walking distance to the beach.

Last Agent to Sell the Property

Andrew Vac

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0510911 Listed on: 08/14/2023

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Daniel Jittu

G2 INTERNATIONAL REALTY LLC License #3558773

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $863 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Villa
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Driveway
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • The property is located in a historic district

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include electricity, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • James Ro Sunvast Property Management, Inc. Association, Phone Number (941) 378-0322
  • Visit Association Website
  • Faine Apartments A Condominium Community
  • Faine Apts Subdivision
  • Greenbelt

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,688

Year Built

Built in 1972

Lot Details

0

HOA Fees

$863 per month

Listing Details

  • HOA Fee Includes: Electricity, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Concrete, Wood Siding
  • Fireplace: No
  • Living Area: 1015
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1015
  • Directions to Property: Gulf of Mexico Drive to Broadway, veer right onto Firehouse Court, enter the complex next to the dumpster, drive to the end of the building on the left and Unit #7 is on the side closest to the large grassy area with a white picket fence front. That building has four units - 10,9,8 and 7. Park by the screened lanai, enter the screened lanai and the front entry door is to the right, up two steps.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 492.61
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 1
  • Property Description: End Unit
  • AG Exemption YN: 0
  • Attribution Contact: 941-954-5454
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 420
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 94.30
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: C0283F08

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Driveway, Guest, Off Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • Association Name: James Ro - SunVast Property Management, Inc.
  • Phone: 1.941.378.0322
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One dog or cat per unit. Twenty-five pounds or less. Renters and non-unit owners are NOT allowed pets.
  • Condo Fees: 2590
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@SunVast.net
  • Monthly Condo Fee Amount: 863
  • Pet Size: Very Small (Under 15 Lbs.)
  • Association URL: www.sunVast.net

Fee Information

  • Total Annual Fees: 10360.00
  • Total Monthly Fees: 863.33

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7815010504
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Greenbelt, Historic District, City Limits, In County, Near Public Transit, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: The unit can be leased one time in a 30-day period, twelve times a year.

Tax Info

  • Tax Annual Amount: 1687.72
  • Tax Book Number: 2-99
  • Tax Lot: 9

Multi Family

  • Approval Process: The new buyer does need Association approval and an interview. There is no application process. The Association does require a minimum of ten days for the approval process of a buyer. Management Company address: 321 Interstate Blvd. Sarasota, FL 34240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 6, 2024
Sold by
Faine Mary Lou and Sparks David Neal
Bought by
Mohan Rachna
Seller's Agent
Andrew Vac
RE/MAX ALLIANCE GROUP
Buyer's Agent
Daniel Jittu
G2 INTERNATIONAL REALTY LLC
List Price
$623,750
Sold Price
$500,000
Premium/Discount to List
-$123,750
-19.84%
Views
146
Current Estimated Value
$494,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,221
Avg. Annual Appreciation
-0.96%

Purchase Details

Closed on
May 25, 2021
Sold by
Faine Mary Louise and Faine Mary Lou
Bought by
Faine Mary Louise and Mary Louise Faine Revocable Li
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
Mohan Rachna $500,000 None Listed On Document
Mohan Rachna $500,000 None Listed On Document
Faine Mary Louise -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $500,000 -12.9% $493 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $573,750 -4.2% $565 / Sq Ft
02/21/2024 02/21/24 Price Changed $598,750 -4.0% $590 / Sq Ft
02/03/2024 02/03/24 Price Changed $623,750 0.0% $615 / Sq Ft
02/03/2024 02/03/24 For Sale $623,750 +24.8% $615 / Sq Ft
01/31/2024 01/31/24 Off Market $500,000 -- --
01/08/2024 01/08/24 Price Changed $648,750 -7.2% $639 / Sq Ft
11/16/2023 11/16/23 Price Changed $698,750 -6.7% $688 / Sq Ft
10/23/2023 10/23/23 Price Changed $748,750 -11.8% $738 / Sq Ft
08/14/2023 08/14/23 For Sale $848,750 -- $836 / 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 $7,997 $177,727 -- $177,727
2024 $7,997 $493,000 -- $493,000
2023 $1,728 $122,653 $0 $0
2022 $1,688 $119,081 $0 $0
2021 $1,626 $115,613 $0 $0
2020 $1,683 $114,017 $0 $0
2019 $1,635 $111,454 $0 $0
2018 $1,618 $109,376 $0 $0
2017 $1,299 $107,126 $0 $0
2016 $1,292 $104,923 $0 $0
2015 $1,114 $104,194 $0 $0
2014 $1,114 $103,367 $0 $0
2013 $1,054 $101,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4579540

Stellar MLS

APN: 78150-1050-4