NOT LISTED FOR SALE

450 Gulf of Mexico Dr Unit B102 Longboat Key, FL 34228

Estimated Value: $546,681 - $1,012,000

2 Beds
2 Baths
1,306 Sq Ft
3.42 Acres

Last Sold May 10, 2021

Last sale price $466,000 $357 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,311/month

2 Days on Market

Highlights

  • Water Access
  • Property Fronts a Bay or Harbor
  • Open Floorplan
  • Southside Elementary School Rated A
  • Fitness Center
  • Wood Flooring

About This Home

As of May 2021

Perfect opportunity to own this 2bd/2ba first floor condo that has been completely renovated on the desirable southern end of Longboat Key for an exceptional value. This condo has walk out access to pool and the private marina where you can keep your boat that is open to the big and deep water of Sarasota Bay. Entering your condo you will be captured by the openness and today's neutral colors that are enhanced by high quality wood flooring throughout. The kitchen is ample in size for a bistro table or use as your office work space. Complete with stone counter tops, a breakfast bar, beautiful cabinets & stainless steel appliances everything is at your fingertips. The Master bedroom, bathroom, guest bedroom and bathroom have new cabinet vanities and beautifully tiled showers with decorative listellos. The main living area has crown molding and the space is augmented with your screened in porch that has fabulous views of pool and marina overlooking the lights of Sarasota. Bay Harbour is close to the Longboat Key Resort and all the amenities it has to offer should you join such as 2 golf courses, tennis, beach access, restaurants etc. You are also a short distance of LBK restaurants like Dry Dock, Chart House & just minutes away from St. Armands Circle with plenty of boutiques and some of the best restaurants Sarasota has to offer. Bay Harbour is the perfect place to enjoy the island lifestyle and the relaxed sophistication that Longboat Key offers. Look no further for this community has it all. This is offered furnished and toothbrush ready for you or as a great rental property. A Must See!!!

Last Agent to Sell the Property

Joseph Cinque

FINE PROPERTIES License #3203248 Listed on: 03/13/2021

FINE PROPERTIES

Last Buyer's Agent

Janette Schafer

COLDWELL BANKER REALTY License #3061893

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1970

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Property Views

  • Water
  • Pool

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 102 / 102
  • Assessor Parcel Number 0012041022

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, pool maintenance
  • Lighthouse Property Mgmnt/Cassie Galanopoulos Association, Phone Number (941) 460-5560
  • Bay Harbour Apts Community
  • Bay Harbour Apts Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 101 lbs
  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,912

Year Built

Built in 1970

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: Mid Rise
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/Electric, Lift, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1306.00
  • Year Built: 1970
  • Building Area Total: 1306.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493804?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493804?w=Customer
  • Building Search Sq Meters: 121.33
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493804?w=PubMLS
  • Directions to Property: From Lido Key and St. Armands Circle go north over New Pass bridge onto Longboat Key and Gulf of Mexico Dr. Continue north past Dry Dock restaurant and Bay Harbour on right, bay side of GMD. Parking is to rear far left and short walk to unit# B102.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047148
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 3
  • Living Area Meters: 121.33
  • Street Number Modifier: 450

Exterior Features

  • Direction Faces: West
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 100
  • Water Access: Bay/Harbor
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Built-Up
  • Water View: Bay/Harbor - Partial
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0129F
  • Water Access: Yes
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Bay Harbour Apts
  • S W Subdiv Condo Num: 102
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Water Access, Waterfront
  • Pet Restrictions: Only one cat or one dog allowed. There are currently no size or breed restrictions. New Amendment to Docs will give more specifics.
  • Building Name Number: B
  • Condo Fees: 732
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Max Pet Weight: 101
  • Monthly Condo Fee Amount: 732
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Approval Required: Yes
  • Association Name: Lighthouse Property Mgmnt/Cassie Galanopoulos
  • Phone: 941-460-5560x402
  • Association Website: http://www.lighthousepropertymanagement.net/

Fee Information

  • Waterfront Frontage: 100
  • Total Annual Fees: 8784.00
  • Total Monthly Fees: 732.00

Schools

  • Elementary School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Total Acreage: Non-Applicable
  • Zoning: R4MX
  • Parcel Number: 0012041022

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Lease restrictions see by-laws.
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Yes

Multi Family

  • Approval Process: Approval requires see by-laws
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Annual Amount: 3911.71
  • Tax Block: 102
  • Tax Book Number: 4-18
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 5, 2021
Sold by
Herzig A Brian and Brian Herzig Revocable Trust
Bought by
Hrametz Michael and Hrametz Diana
Seller's Agent
Joseph Cinque
FINE PROPERTIES
Buyer's Agent
Janette Schafer
COLDWELL BANKER REALTY
List Price
$435,000
Sold Price
$466,000
Premium/Discount to List
$31,000
7.13%
Current Estimated Value
$713,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,170
Avg. Annual Appreciation
10.06%

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 12, 2021
Sold by
Herzig Brian
Bought by
Gerzig Lillian M and Herzig Lillian M
Seller's Agent
Joseph Cinque
FINE PROPERTIES
Buyer's Agent
Janette Schafer
COLDWELL BANKER REALTY
List Price
$435,000
Sold Price
$466,000
Premium/Discount to List
$31,000
7.13%

Purchase Details

Closed on
May 8, 2009
Sold by
Herzig A Brian and Herzig Margaret
Bought by
Herzig A Brian and Brian Herzig Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hrametz Michael $466,000 Desjarlais Law & Title
Gerzig Lillian M -- --
Herzig A Brian -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $466,000 +7.1% $357 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $435,000 -- $333 / 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 $6,309 $461,900 -- $461,900
2023 $6,309 $466,600 $0 $466,600
2022 $5,797 $419,000 $0 $419,000
2021 $4,014 $271,200 $0 $271,200
2020 $3,912 $258,100 $0 $258,100
2019 $4,174 $283,100 $0 $283,100
2018 $3,776 $250,200 $0 $250,200
2017 $4,218 $279,700 $0 $279,700
2016 $3,514 $226,400 $0 $226,400
2015 $3,550 $236,800 $0 $236,800
2014 $3,635 $230,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Cinque

    Seller's Agent in 2021

    Joseph Cinque

    FINE PROPERTIES

    (203) 526-1759

    2 in this area

    16 Total Sales

    Joseph Cinque
    Section Image
  • Janette Schafer

    Buyer's Agent in 2021

    Janette Schafer

    COLDWELL BANKER REALTY

    (954) 298-7791

    7 in this area

    73 Total Sales

    Janette Schafer
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4493804

Stellar MLS

APN: 0012-04-1022

Florida Sarasota County Longboat Key 34228

450 Gulf of Mexico Dr Unit B102, Longboat Key, FL

This home is located at 450 Gulf of Mexico Dr Unit B102, Longboat Key, FL 34228 since 13 March 2021 and is currently estimated at $713,170, approximately $546 per square foot. This property was built in 1970. 450 Gulf of Mexico Dr Unit B102 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle 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

Nearby Homes