NOT LISTED FOR SALE

4425 Gulf of Mexico Dr Unit 204 Longboat Key, FL 34228

Estimated Value: $1,396,000 - $1,457,000

3 Beds
2 Baths
1,744 Sq Ft
$730/mo HOA Fee

Last Sold April 18, 2019

Last sale price $875,000 $502 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,641/month

266 Days on Market

Highlights

  • 600 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 April 2019

Extraordinary, income producing, elegant & specious 3-Bedroom, 2-Bath perfectly appointed beachfront, townhouse with sweeping views of the Gulf. Walk out to the 200-foot private beach from the screened-in lanai. Full view of Gulf and beach from living room, dining room and kitchen’s open floor-plan. The streamlined and updated granite and tile kitchen features custom lighting in glass-fronted cabinets, under-cabinet lights, plenty of storage and counter space. Washer and dryer, linen closet, a built-in desk and walk-in closet on the first level are added amenities.
Extravagant extras & essentials feature the best of everything to capture Florida’s finest ambiance and comfort in an unparalleled beachfront setting. Classic décor and timeless decorating touches throughout. Carpeted private Master bedroom on the first level. On the second level-recently renovated Jack and Jill Bathroom and fully carpeted second Master Suite & spacious Guest Bedroom overlooking the pool. The Master Suite on the second level of this townhouse highlights the exquisite Gulf views, offering breezes from its floor-to-ceiling windows and wall of sliders leading to the spacious, private sundeck.
LaPlaya Condominiums, 21-unit, mid-key community, is one of the few properties on Longboat Key zoned for short-term rental. A healthy, well-organized, financially stable association with on-site management and fine-tuned rental program, it provides peace of mind and confidence to absentee owners or investors.

Last Agent to Sell the Property

Kamila Nowak

COASTAL PROPERTIES & MGMT. License #3135679 Listed on: 06/15/2018

Last Buyer's Agent

Patti Bosco

MY FLORIDA BROKER License #3428631

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,040

Year Built

  • Built in 1974

Lot Details

  • 600 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Private Beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included
  • Land Lease expires 4/30/19

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,744 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Shutters
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Anna Maria Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, sewer, trash, water
  • Mid-Rise Condominium
  • La Playa Community
  • La Playa Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,040

Year Built

Built in 1974

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1744
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1928
  • Directions to Property: Mid Key on Gulf of Mexico Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405952&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405952&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.92115
  • Price per Sq Ft: 501.72
  • Close to Original List Price Ratio: 0.92115
  • Ratio: Current Price\Building Area Total: 453.84
  • 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: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Purifier
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds, Drapes, Shutters
  • Street Number Modifier: 4425
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Solar Heat
  • Exterior Features: Hurricane Shutters, Irrigation System, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Screened
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: 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: 600
  • Water Frontage Feet Beach Pub: 200
  • Water Frontage Feet Beach Prvt: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Sidewalk, Water Access, Waterfront
  • Association Amenities: Maintenance, Vehicle Restrictions
  • 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: No

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: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: R3MX
  • Parcel Number: 8015701009
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone
  • Lot Dimensions: 0
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Land Lease Expiration Date: 2019-04-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: No weight restrictions, two pets per unit.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: La Playa is grandfathered in for short term rentals, active rental program in place.

Tax Info

  • Tax Annual Amount: 13040
  • Tax Book Number: 4-75
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Apr 17, 2019
Sold by
Thompson Georganne R
Bought by
Benson James P and Benson Tina M
Seller's Agent
Kamila Nowak
COASTAL PROPERTIES & MGMT.
Buyer's Agent
Patti Bosco
MY FLORIDA BROKER
List Price
$949,900
Sold Price
$875,000
Premium/Discount to List
-$74,900
-7.89%
Current Estimated Value
$1,421,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,345
Avg. Annual Appreciation
7.80%
Original Mortgage
$743,750
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2001
Sold by
Falese Thomas and Falese Audrey J
Bought by
Thompson Georganne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Falese Audrey J
Bought by
Falese Thomas and Falese Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

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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
Benson James P $875,000 Attorney
Thompson Georganne $500,000 --
Falese Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benson James P $743,750
Previous Owner Thompson Georganne $275,000
Previous Owner Falese Thomas $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $875,000 -7.9% $502 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
06/14/2018 06/14/18 For Sale $949,900 -- $545 / 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 $16,775 $1,054,152 -- --
2024 $16,775 $1,283,500 -- $1,283,500
2023 $16,330 $1,275,000 $0 $1,275,000
2022 $12,079 $871,500 $0 $871,500
2021 $11,596 $720,000 $0 $720,000
2020 $11,979 $705,000 $0 $705,000
2019 $11,787 $700,000 $0 $700,000
2018 $15,042 $875,000 $0 $0
2017 $13,040 $787,414 $0 $0
2016 $12,643 $787,414 $0 $0
2015 $10,191 $670,014 $0 $0
2014 $10,191 $584,920 $0 $0
2013 $9,295 $557,067 $1 $557,066
Source: Public Records

Agents Affiliated with this Home

  • Kamila Nowak

    Seller's Agent in 2019

    Kamila Nowak

    COASTAL PROPERTIES & MGMT.

    (941) 773-6003

    4 in this area

    11 Total Sales

    Kamila Nowak
    Section Image
  • Patti Bosco

    Buyer's Agent in 2019

    Patti Bosco

    MY FLORIDA BROKER

    (941) 932-2707

    1 in this area

    22 Total Sales

    Patti Bosco
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4405952

Stellar MLS

APN: 80157-0100-9

Florida Manatee County Longboat Key 34228

4425 Gulf of Mexico Dr Unit 204, Longboat Key, FL

This home is located at 4425 Gulf of Mexico Dr Unit 204, Longboat Key, FL 34228 since 15 June 2018 and is currently estimated at $1,421,345, approximately $814 per square foot. This property was built in 1974. 4425 Gulf of Mexico Dr Unit 204 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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