NOT LISTED FOR SALE

4425 Gulf of Mexico Dr Unit 108 Longboat Key, FL 34228

Estimated Value: $831,000 - $1,072,000

2 Beds
1.5 Baths
1,264 Sq Ft
$730/mo HOA Fee

Last Sold June 15, 2018

Last sale price $615,000 $487 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,934/month

41 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach View
  • Private Beach
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Solar Heated In Ground Pool

About This Home

As of June 2018

If you're searching for a hidden treasure, step inside the gates at LaPlaya and be transported to "the Beach" way of life...Highly sought after spacious 2-bedroom & 1.5-bath beachfront townhouse in a private, serene condominium. This extraordinary gem located on the luxurious Longboat Key features spectacular, unobstructed Gulf vistas. Walk out to the beach from living room lanai or enjoy captivating views and gentle breezes from 2nd floor balcony. Glorious sunsets and a chance to sight dolphins, manatees, and an abundance of water birds. Exceptional 21 units, mid-key, impeccably maintained and landscaped setting offering a comfortable vacation home with high weekly rental possibilities. Sheltered pool, shady palms, picturesque dunes and the sound of lapping waves create an atmosphere of peaceful relaxation year'round. Enjoy 200 feet of sandy beach on one of America's top 10 Islands according to Conde Nast. Healthy, well organized, financially stable association with on-site management and fine-tuned rental program provides peace of mind and confidence to absentee owners.

Last Agent to Sell the Property

Kamila Nowak

COASTAL PROPERTIES & MGMT. License #3135679 Listed on: 03/16/2018

Last Buyer's Agent

Kamila Nowak

COASTAL PROPERTIES & MGMT. License #3135679 Listed on: 03/16/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,519

Year Built

  • Built in 1974

Lot Details

  • 400 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Zero Lot Line
  • Condo Land Included
  • Land Lease expires 4/8/18

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control
  • La Playa Community
  • La Playa Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,519

Year Built

Built in 1974

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Stone
  • Fireplace: No
  • Living Area: 1264
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1432
  • Directions to Property: On Longboat Key go north on Gulf of Mexico Drive to 4425.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4213681&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4213681&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94761
  • Price per Sq Ft: 486.55
  • Close to Original List Price Ratio: 0.94761
  • Ratio: Current Price\Building Area Total: 429.47
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 3
  • Street Number Modifier: 4425
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting, Solar Heat
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 400
  • Water Frontage Feet Beach Prvt: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 2190
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8760
  • Monthly HOA Fee: 730
  • Total Monthly Fees: 730

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 8015700753
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Zero Lot Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Land Lease Expiration Date: 2018-04-08
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 999
  • Minimum Lease: 1-7 Days
  • Approval Process: Application needs to be submitted to the association for approval, minimum 14 days prior closing
  • Pet Restrictions: Max 2 pets per unit, no weight restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Association requires minimum 3 days rentals

Tax Info

  • Tax Annual Amount: 9519
  • Tax Book Number: 4-75
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 14, 2018
Sold by
Robets Carmel and The Dorothy L Webb Declaration
Bought by
Stutts Jennifer H and Stutts Phillip V
Seller's Agent
Kamila Nowak
COASTAL PROPERTIES & MGMT.
Buyer's Agent
Kamila Nowak
COASTAL PROPERTIES & MGMT.
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Current Estimated Value
$978,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,650
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Sep 28, 2017
Sold by
Webb Dorothy L
Bought by
Roberts Carmel and The Dorothy L Webb Trust
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
Stutts Jennifer H $615,000 Attorney
Roberts Carmel -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $615,000 -5.2% $487 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $649,000 -- $513 / 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 $12,185 $331,296 -- $331,296
2024 $12,185 $926,500 -- $926,500
2023 $11,898 $926,500 $0 $926,500
2022 $9,610 $635,250 $0 $635,250
2021 $8,471 $526,000 $0 $526,000
2020 $8,751 $515,000 $0 $515,000
2019 $8,588 $510,000 $0 $510,000
2018 $10,852 $635,000 $0 $0
2017 $9,519 $586,600 $0 $0
2016 $9,226 $586,600 $0 $0
2015 $7,532 $497,150 $0 $0
2014 $7,532 $432,325 $0 $0
2013 $6,870 $411,738 $1 $411,737
Source: Public Records

Agents Affiliated with this Home

  • Kamila Nowak

    Seller's Agent in 2018

    Kamila Nowak

    COASTAL PROPERTIES & MGMT.

    (941) 773-6003

    4 in this area

    11 Total Sales

    Kamila Nowak
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Map

Source: Stellar MLS

MLS Number: A4213681

Stellar MLS

APN: 80157-0075-3

Florida Manatee County Longboat Key 34228

4425 Gulf of Mexico Dr Unit 108, Longboat Key, FL

This home is located at 4425 Gulf of Mexico Dr Unit 108, Longboat Key, FL 34228 since 16 March 2018 and is currently estimated at $978,650, approximately $774 per square foot. This property was built in 1974. 4425 Gulf of Mexico Dr Unit 108 is a home located in Manatee County 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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