NOT LISTED FOR SALE

448 Gulf of Mexico Dr Unit A306 Longboat Key, FL 34228

Estimated Value: $647,000 - $1,151,000

3 Beds
2 Baths
1,474 Sq Ft
$839/mo HOA Fee

Last Sold November 23, 2021

Last sale price $650,000 $441 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,775/month

36 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • Boat Dock
  • Access To Intracoastal Waterway
  • Southside Elementary School Rated A
  • Marina View
  • Fitness Center

About This Home

As of November 2021

A boaters dream on Sarasota Bay! Dock your boat within view and enjoy direct deep water access to Sarasota Bay and the Gulf of Mexico. This beautifully remodeled and meticulously maintained SF residence offers rear Southeastern exposure and marina views. The spacious floor plan includes a third bedroom or office in 1475 sq ft, and can function as either a primary residence or an island get-away. The interior of the unit offers newer hurricane rated windows and doors, newer washer and dryer and new A/C. The updated kitchen features black granite countertops with white cabinets and appliances. The foyer, kitchen, living/dining and 3rd bedroom/den flooring is low maintenance wood-look tile. A spacious living and dining area leads to a sunny relaxing alcove overlooking the community pool and marina. The spacious master suite has plenty of closet space and the master bath offers vanity with a walk-in updated shower. The guest suite features a Murphy bed with built-ins and a remodeled bath with double sinks and vanities. Bay Harbour is a lovely Bay front community with 39 residences in 2 low rise buildings, offering residents great amenities which include boat slips, a waterfront heated pool, kayak launch storage & dock, a fitness room, great fishing and reserved covered parking. The beautiful marina was recently remodeled and offers electric, water; low voltage lighting and can accommodate vessels up to 42’ on a first come basis for a nominal annual fee. Bay Harbour is located at the desirable Southern end of Longboat Key and is just minutes to the famous St. Armand’s Circle, with walk-ability to the Dry Dock and Charthouse restaurants and easy access to public beaches.

Last Agent to Sell the Property

Kathleen Wingate

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3339434 Listed on: 08/14/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kathy Callahan

MICHAEL SAUNDERS & COMPANY License #3359516

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1970

Lot Details

  • 1,500 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • End Unit
  • West Facing Home

HOA Fees

  • $839 Monthly HOA Fees

Property Views

  • Marina
  • Full Bay or Harbor
  • Canal

Home Design

  • Elevated Home
  • Slab Foundation
  • Built-Up Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • No Fixed Bridges
  • Property is near a marina
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall
  • Water Skiing Allowed
  • Dock made with Composite Material
  • Outdoor Storage

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, pool maintenance, sewer, trash, water
  • Lighthouse Property Association
  • Bay Harbour Apts Community
  • Bay Harbour Apts Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

Built in 1970

Lot Details

0

HOA Fees

$839 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 1474
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1474
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4509466?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4509466?w=Customer
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated
  • Ratio: Close Price\List Price: 0.96296
  • Price per Sq Ft: 440.98
  • Close to Original List Price Ratio: 0.9299
  • Ratio: Current Price\Building Area Total: 440.98
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sidewalk, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Canal, Marina
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Sailboat Water, Seawall - Concrete, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 1500
  • Water Frontage Feet I C W: 500
  • Water Frontage Feet Bay Harbor: 500
  • Water Frontage Feet Canal Salt: 500

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Pool, Recreation Facilities
  • Association Name: Lighthouse Property
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 839
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 839
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10068
  • Total Monthly Fees: 839

Lot Info

  • Zoning: R4MX
  • Parcel Number: 0012041018
  • Additional Parcels: No
  • Lot Features: Near Marina, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 1 Month
  • Approval Process: Please contact property management company
  • Num Timesper Year: 2
  • Pet Restrictions: Contact property manager with any questions regarding breed restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact property manager.

Tax Info

  • Tax Annual Amount: 4082.02
  • Tax Block: A
  • Tax Book Number: 4-18
  • Tax Lot: 306

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Nov 23, 2021
Sold by
Andrews Shirley Jean and Shirley Jean Andrews Revocable
Bought by
Smith Mark Edward and Smith Victoria Sue
Seller's Agent
Kathleen Wingate
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathy Callahan
MICHAEL SAUNDERS & COMPANY
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$808,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,911
Avg. Annual Appreciation
5.68%
Original Mortgage
$338,900
Outstanding Balance
$310,153
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$498,758

Purchase Details

Closed on
Jan 13, 2020
Sold by
Andrews Shirley J
Bought by
Andrews Shirley Jean and Shirley Jean Andrews Revocable Trust

Purchase Details

Closed on
Feb 6, 2013
Sold by
Andrews Shirley Jean and The Shirley Jean Andrews Revoc
Bought by
Andrews Shirley Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Andrews Shirley J
Bought by
Andrews Shirley Jean and Shirley Jean Andrews Revocable Trust

Purchase Details

Closed on
Jun 30, 2003
Sold by
Forsythe George
Bought by
Andres Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Leslie Sharon E
Bought by
Forsythe George

Purchase Details

Closed on
Dec 30, 1998
Sold by
Leslie J Richard and Leslie Sharon E
Bought by
Leslie Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 1998
Sold by
Leslie Sharon E and Leslie 1995 Declaration Of Tr Sharon E
Bought by
Leslie J Richard and Leslie Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1997
Sold by
Leslie J Richard and Leslie Sharon E
Bought by
Leslie Sharon E

Purchase Details

Closed on
May 3, 1996
Sold by
German Sheldon L and German Elspeth S
Bought by
Leslie Sharon E and Leslie Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
7.77%
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
Smith Mark Edward $650,000 Attorney
Andrews Shirley Jean -- Accommodation
Andrews Shirley Jean -- Attorney
Andrews Shirley Jean -- None Available
Andres Shirley J $440,000 --
Forsythe George $350,000 --
Leslie Sharon E -- --
Leslie Sharon E -- --
Leslie J Richard -- --
Leslie J Richard -- --
Leslie Sharon E -- --
Leslie Sharon E $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mark Edward $338,900
Previous Owner Andrews Shirley Jean $75,000
Previous Owner Andres Shirley J $230,000
Previous Owner Leslie J Richard $160,500
Previous Owner Leslie Sharon E $149,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $650,000 -3.7% $441 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $675,000 -3.4% $458 / Sq Ft
08/14/2021 08/14/21 For Sale $699,000 -- $474 / 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 $8,176 $622,300 -- $622,300
2023 $8,176 $628,700 $0 $628,700
2022 $7,492 $565,700 $0 $565,700
2021 $3,677 $284,900 $0 $284,900
2020 $4,082 $270,100 $0 $270,100
2019 $4,221 $295,500 $0 $295,500
2018 $3,706 $245,200 $0 $245,200
2017 $4,086 $270,500 $0 $270,500
2016 $3,206 $251,000 $0 $251,000
2015 $3,055 $262,400 $0 $262,400
2014 $3,050 $235,436 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4509466

Stellar MLS

APN: 0012-04-1018