NOT LISTED FOR SALE

4545 Gulf of Mexico Dr Unit 309 Longboat Key, FL 34228

Estimated Value: $804,000 - $1,104,000

2 Beds
2 Baths
1,340 Sq Ft
$667/mo HOA Fee

Last Sold September 23, 2022

Last sale price $1,131,000 $844 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,418/month

38 Days on Market

Highlights

  • 724 Feet of Waterfront
  • Beach View
  • Public Beach
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Clubhouse

About This Home

As of September 2022

Wonderful opportunity to enjoy spectacular full Gulf and sunset views from your beachfront home! This is a special location with over 700' of frontage and miles of pristine sandy beach and turquoise Gulf waters on your doorstep. In 2020 the Seller installed all new sliders with turtle glass and there is a motorized hurricane shutter that runs the length of the lanai, installed in 2016. New windows were also installed in 2020 and are hurricane rated glass and Gulfside windows are the tinted turtle glass as well. Other updates include new water heater in 2021, new A/C in 2018, porcelain tile flooring, updated electrical panel, plantation shutters in the Master bedroom and Living room and updated kitchen ceiling lighting and fan. This amenity-rich community has 2 buildings with only 30 residences per building, offers secured entry and stairways, heated pool and hot tub, Tennis/Pickleball court, kayak storage racks, beach chairs, outdoor grilling area, and a covered Clubhouse area. There is 1 underbuilding parking space with adjacent locked storage closet, lots of guest parking and the building is pet friendly! Property is being sold subject to an existing lease to a returning tenant, from December 1, 2022 to March 1, 2023. Conveniently located close to several good restaurants, shopping and just a short drive to St. Armands Circle and downtown Sarasota. This can be your Dream Come True!

Last Agent to Sell the Property

Julia McClung

MICHAEL SAUNDERS & COMPANY License #3036873 Listed on: 07/01/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kelly Erb

COLDWELL BANKER REALTY License #3447201

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,175

Year Built

  • Built in 1979

Lot Details

  • 724 Feet of Waterfront
  • Property fronts a public beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

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

Interior Spaces

  • 1,340 Sq Ft Home
  • Shades
  • Shutters
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King 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, maintenance structure, ground maintenance, pool maintenance, trash
  • Jim Wolf Association, Phone Number (941) 586-8021
  • Mid-Rise Condominium
  • Castillian The Community
  • Castillian The Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,175

Year Built

Built in 1979

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1340
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1460
  • Directions to Property: North on Gulf of Mexico Dr to 4545 Gulf of Mexico Dr. turn left into Castillian and then immediate right to 4545.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540729?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540729?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.00533
  • Price per Sq Ft: 844.03
  • Close to Original List Price Ratio: 0.9048
  • Ratio: Current Price\Building Area Total: 774.66
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Shades, Shutters, Storm Window(s)
  • Street Number Modifier: 4545
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters
  • Roof: Built-Up, Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: 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: 724
  • Water Frontage Feet Beach Pub: 724
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Maintenance, Pickleball Court(s), Pool, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Jim Wolf
  • Phone: 941-586-8021
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2000
  • Condo Fees Term: Quarterly
  • Association Email: jim@longboatps.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 667
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8000
  • Total Monthly Fees: 666.67

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 8007300802
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Near Public Transit
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 1 month twice a year.

Tax Info

  • Tax Annual Amount: 9174.79
  • Tax Book Number: 10-50
  • Tax Lot: 309

Multi Family

  • Waterfront Features: Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 23, 2022
Sold by
Denise K Korepta Trust
Bought by
Troup Jan M
Seller's Agent
Julia McClung
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kelly Erb
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,131,000
Premium/Discount to List
-$119,000
-9.52%
Views
6
Current Estimated Value
$1,064,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,968
Avg. Annual Appreciation
-1.03%
Original Mortgage
$848,250
Outstanding Balance
$816,968
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$280,694

Purchase Details

Listed on
Mar 19, 2012
Closed on
Dec 14, 2012
Sold by
Launder Michael R and Launder Kathryn M
Bought by
Korepta Denise K and Denise K Korepta Trust
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Lynne Koy
COLDWELL BANKER REALTY
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$400,000
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2010
Sold by
Castle James Gary and Castle Linda D
Bought by
Launder Michael R and Launder Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Riley Judy L
Bought by
Castle James Gary and Castle Linda D

Purchase Details

Closed on
Aug 16, 1999
Sold by
Swett Howard K
Bought by
Riley Judy L

Purchase Details

Closed on
Nov 23, 1998
Sold by
Swett Howard K and Swett Helen E
Bought by
Swett Howard K
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
Troup Jan M $1,131,000 --
Korepta Denise K $420,000 Attorney
Launder Michael R $490,000 None Available
Castle James Gary $475,000 --
Riley Judy L $299,000 --
Swett Howard K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troup Jan M $848,250
Previous Owner Korepta Denise K $400,000
Previous Owner Launder Michael R $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $1,131,000 +0.5% $844 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $1,125,000 -10.0% $840 / Sq Ft
07/01/2022 07/01/22 For Sale $1,250,000 +197.6% $933 / Sq Ft
12/14/2012 12/14/12 Sold $420,000 -15.8% $313 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $499,000 -- $372 / 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 $13,262 $850,000 -- $850,000
2023 $13,871 $867,000 $0 $867,000
2022 $9,171 $561,750 $0 $561,750
2021 $8,808 $535,000 $0 $535,000
2020 $6,497 $410,357 $0 $0
2019 $6,291 $401,131 $0 $0
2018 $6,266 $393,652 $0 $0
2017 $5,872 $385,555 $0 $0
2016 $5,875 $377,625 $0 $0
2015 $5,838 $375,000 $0 $0
2014 $5,838 $374,489 $0 $0
2013 $5,778 $346,268 $1 $346,267
Source: Public Records

Agents Affiliated with this Home

  • Julia McClung

    Seller's Agent in 2022

    Julia McClung

    Michael Saunders

    (941) 356-6499

    5 in this area

    34 Total Sales

    Section Image
  • Kelly Erb

    Buyer's Agent in 2022

    Kelly Erb

    COLDWELL BANKER REALTY

    (941) 720-9586

    9 in this area

    41 Total Sales

    Section Image
  • Lynne Koy

    Seller's Agent in 2012

    Lynne Koy

    COLDWELL BANKER REALTY

    (413) 871-8031

    19 in this area

    71 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4540729

Stellar MLS

APN: 80073-0080-2

Florida Manatee County Longboat Key 34228

4545 Gulf of Mexico Dr Unit 309, Longboat Key, FL

This home is located at 4545 Gulf of Mexico Dr Unit 309, Longboat Key, FL 34228 since 01 July 2022 and is currently estimated at $984,826, approximately $734 per square foot. This property was built in 1979. 4545 Gulf of Mexico Dr Unit 309 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

Nearby Homes