NOT LISTED FOR SALE

448 Gulf of Mexico Dr Unit A305 Longboat Key, FL 34228

Estimated Value: $573,735 - $1,023,000

2 Beds
2 Baths
1,306 Sq Ft
$525/mo HOA Fee

Last Sold January 14, 2016

Last sale price $362,000 $277 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,841/month

1,162 Days on Market

Highlights

  • 750 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated Indoor Pool

About This Home

As of January 2016

Bay Views, Boat Slips, Steps to the Beach, Golf Across the Street: the Big Four Amenities...priced at less than $400,000! Bay Harbour is on the bay and is a safe harbour for your soul and your vessel! Just 39 units and 39 lucky owners enjoy this small, private resort like community on South Longboat Key. Just minutes from St Armands, Bay Harbour offers walkability to Dry Dock and Charthouse restaurants...or hike a few minutes farther to the wonderful world of St Armands Circle...365 days for activity, entertainment, shopping and dining from breakfast to the wee hours! Back at Bay Harbour...the pool is heated to 84 degrees in season, the fitness center features quality equipment and there is a community room with a catering kitchen. Head back to this unit...granite, tile, wood cabinetry...open concept to bring the fabulous water views inside. Two ensuite bedrooms complete the package! Take a look at the pictures, virtual tour, then call for an appointment to see this fabulous unit in South Longboat's Bay Harbour. Private In Unit Laundry; Maintenance is just $525 per month. Carport just steps from elevator!

Last Agent to Sell the Property

Diana Kryszak

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3106676 Listed on: 09/14/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Diana Kryszak

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3106676 Listed on: 09/14/2012

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1970

Lot Details

  • 750 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Marina
  • Intracoastal
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Brick Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • Fishing Pier
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Seawall
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit

Schools

  • Southside Elementary School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
  • 39 Units
  • First Service Residential 941 554 5450 Association
  • Bay Harbour Apts Community
  • Bay Harbour Apts Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,668

Year Built

Built in 1970

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1306
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1306
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 3
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 277.18
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Marina,Water Access
  • Attribution Contact: 941-388-4447
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 121.33

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway,Marina
  • Water Extras: Fishing Pier,Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 750

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Storage
  • Association Name: First Service Residential 941-554-5450
  • Association: No
  • Security: Smoke Detector(s)
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 525
  • Monthly Condo Fee Amount: 525

Fee Information

  • Total Annual Fees: 6300.00
  • Total Monthly Fees: 525.00

Schools

  • Elementary School: Southside Elementary

Lot Info

  • Zoning: R4MX
  • Parcel Number: 0012041015
  • Additional Parcels: No
  • Lot Features: City Limits, In County, Near Public Transit
  • Future Land Use: 0403

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 30 days minimum; 2 move-ins per year.

Multi Family

  • Number Of Units Total: 39
  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Marina

Tax Info

  • Tax Annual Amount: 3668
  • Tax Book Number: 0004/0018
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Jan 4, 2016
Sold by
Mcdonough John P and Mcdonough Dawna
Bought by
Ehret William M and Ehret Deborah A
Seller's Agent
Diana Kryszak
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Diana Kryszak
MICHAEL SAUNDERS & COMPANY
List Price
$440,000
Sold Price
$362,000
Premium/Discount to List
-$78,000
-17.73%
Current Estimated Value
$724,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,934
Avg. Annual Appreciation
7.35%
Original Mortgage
$271,500
Outstanding Balance
$215,930
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$509,004

Purchase Details

Closed on
Oct 14, 2005
Sold by
Kaleta Shawn T
Bought by
Mcdonough John P and Mcdonough Dawna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2005
Sold by
Morgan John and Morgan Kathleen J
Bought by
Kaleta Shawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Weiss Charles J and Weiss Harvey L
Bought by
Morgan John and Morgan Kathleen
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
Ehret William M $362,000 Msc Title Inc
Mcdonough John P $633,000 Premiere Title & Abstracting
Kaleta Shawn T $555,000 Gold Key Title L C
Morgan John $330,000 --
Morgan John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehret William M $271,500
Previous Owner Mcdonough John P $500,000
Previous Owner Kaleta Shawn T $444,000
Closed Kaleta Shawn T $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $362,000 -6.9% $277 / Sq Ft
09/29/2015 09/29/15 Price Changed $389,000 -2.7% $298 / Sq Ft
07/07/2015 07/07/15 Price Changed $399,999 -2.4% $306 / Sq Ft
04/20/2015 04/20/15 Price Changed $410,000 -5.7% $314 / Sq Ft
12/18/2014 12/18/14 Price Changed $435,000 -1.1% $333 / Sq Ft
09/14/2012 09/14/12 For Sale $440,000 -- $337 / 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
2024 $6,024 $409,846 -- --
2023 $6,024 $519,000 $0 $519,000
2022 $5,161 $435,300 $0 $435,300
2021 $4,201 $284,700 $0 $284,700
2020 $4,089 $270,600 $0 $270,600
2019 $4,375 $297,100 $0 $297,100
2018 $3,964 $263,500 $0 $263,500
2017 $4,432 $294,600 $0 $294,600
2016 $4,213 $281,300 $0 $281,300
2015 $3,638 $242,700 $0 $242,700
2014 $3,668 $232,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3965898

Stellar MLS

APN: 0012-04-1015