NOT LISTED FOR SALE

4621 Gulf of Mexico Dr, Unit 7F Longboat Key, FL 34228

Estimated Value: $572,212 - $709,000

2 Beds
2 Baths
900 Sq Ft
$584/mo HOA Fee

Last Sold August 19, 2022

Last sale price $725,000 $806 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,734/month

Highlights

  • 509 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Property is near public transit
  • Anna Maria Elementary School Rated A-
  • Open Floorplan
  • Garden View

About This Home

As of August 2022

LBK investor alert! Casa Del Mar is a popular Longboat Key beach resort with short-term rentals located directly on the Gulf of Mexico. Enjoy for your personal use and earn income the rest of the year. This ground-floor has been completely renovated 2 bed/2bath with a view of the tropically landscaped courtyard. Turnkey furnished with quality furniture, including Lazy Boy sleeper sofa, this unit sleeps 6 total. The kitchen has granite counters, solid wood shaker cabinets and stainless appliances. Master bedroom has a king bed, built in cabinetry with plentiful storage and en suite bath. Second bedroom is furnished with twin beds, guest bath in hall has shower. Tiled flooring throughout for easy maintenance, gas tankless water heater and newer A/C. Community amenities include a huge 30’ x 60’ gulf front heated pool, grill area, tennis, pickleball and basketball. Complimentary beach lounges are provided for guests, umbrella rentals are available. Casa Del Mar on-site management handles year-round bookings along with all the details so you can enjoy your investment stress-free. Annual gross income for #7F: 2019 $50,139, 2020 $42,466, 2021 50,532, and 2022 YTD $39,000+. Great location convenient to St Armand’s Circle with shops, restaurants, and entertainment. A short ride to multiple parks, Mote Marine, Anna Maria Island, and downtown Sarasota. Don’t miss this rare investment opportunity!

Last Agent to Sell the Property

Cheryl Roberts

MICHAEL SAUNDERS & COMPANY License #473898 Listed on: 07/22/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY License #3436836

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1973

Lot Details

  • 509 Feet of Waterfront
  • Property fronts gulf or ocean
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shades
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, manager, pest control, private road, recreational facilities, security, sewer, trash
  • Mark Meador Association, Phone Number (941) 383-5549
  • Visit Association Website
  • Casa Del Mar Community
  • Longboat Key Casa Del Mar Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Community Basketball Court
  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,304

Year Built

Built in 1973

Lot Details

0

HOA Fees

$584 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 900
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 900
  • Directions to Property: Longboat Key Gulf of Mexico Dr. turn west at Casa Del Mar 4621 Gulf of Mexico Dr. located just south of Zota Beach Resort. Building F and management office are located on the far right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543038?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543038?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Other Fees Amount: 1206
  • Call Center Phone Number: 9413087777
  • Ratio: Close Price\List Price: 1.06775
  • Price per Sq Ft: 805.56
  • Close to Original List Price Ratio: 1.06775
  • Ratio: Current Price\Building Area Total: 805.56
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Shades
  • Street Number Modifier: 4621
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Tennis Court(s)
  • Exterior Features: Outdoor Grill, Sidewalk, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • View: Garden
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: None
  • Road Surface Type: Other
  • Water Access: Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294F
  • Waterfront Frontage: 509
  • Water Frontage Feet Gulf Ocean: 509
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Cable TV, Maintenance, Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: Mark Meador
  • Phone: 941-383-5549
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1450
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Association Website: www.casadelmar.net
  • Association Email: mark@casadelmar
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 483
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7006
  • Total Monthly Fees: 583.83

Lot Info

  • Zoning: T6
  • Parcel Number: 8012214600
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Flood Zone Code: AE, VE
  • Flood Zone Date: 2021-08-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Please see Condominium Documents for Rental Restrictions
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Short term rentals, must be leased through on-site management, controlled by Association. Contact property mgmt.

Tax Info

  • Tax Annual Amount: 5304
  • Tax Book Number: 557-534
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 19, 2022
Sold by
Sonny Calhoun Properties Llc
Bought by
Row Darin and Larrison Kathleen
Seller's Agent
Cheryl Roberts
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Steve and Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$679,000
Sold Price
$725,000
Premium/Discount to List
$46,000
6.77%
Views
1
Current Estimated Value
$644,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,197
Avg. Annual Appreciation
-2.76%
Original Mortgage
$514,500
Outstanding Balance
$496,067
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$169,242

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 14, 2017
Sold by
Advantage Properties Inc
Bought by
Sonny Calhoun Properties Llc
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Cheryl Roberts
MICHAEL SAUNDERS & COMPANY
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Lortan Inv Ltd
Bought by
Advantage Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.32%
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
Row Darin $725,000 Srq Property Law Pllc
Sonny Calhoun Properties Llc $400,000 Msc Title Inc
Advantage Prop Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Row Darin $514,500
Previous Owner Advantage Prop Inc $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $725,000 +6.8% $806 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $679,000 +69.8% $754 / Sq Ft
08/17/2018 08/17/18 Off Market $400,000 -- --
08/14/2017 08/14/17 Sold $400,000 -5.9% $444 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $425,000 -- $472 / 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 $8,566 $167,374 -- $167,374
2024 $8,566 $539,750 -- $539,750
2023 $9,318 $573,750 $0 $573,750
2022 $6,129 $420,000 $0 $420,000
2021 $5,092 $300,000 $0 $300,000
2020 $5,369 $300,000 $0 $300,000
2019 $5,155 $290,000 $0 $290,000
2018 $5,749 $320,000 $0 $0
2017 $5,286 $312,000 $0 $0
2016 $5,128 $312,000 $0 $0
2015 $4,042 $271,428 $0 $0
2014 $4,042 $231,991 $0 $0
2013 $4,851 $290,711 $207,620 $83,091
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Roberts

    Seller's Agent in 2022

    Cheryl Roberts

    Michael Saunders

    (941) 266-1450

    2 in this area

    83 Total Sales

    Cheryl Roberts
    Section Image
  • Steve and Janet Walter

    Buyer's Agent in 2022

    Steve and Janet Walter

    Michael Saunders

    (941) 809-0907

    52 in this area

    62 Total Sales

    Steve and Janet Walter
    Section Image
  • Janet Walter

    Buyer Co-Listing Agent in 2022

    Janet Walter

    Michael Saunders

    (941) 232-2000

    61 in this area

    76 Total Sales

    Janet Walter
    Section Image
  • Reid Murphy

    Seller's Agent in 2017

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    109 in this area

    134 Total Sales

    Reid Murphy
    Section Image
See All Agents

About This Building

Map

Source: Stellar MLS

MLS Number: A4543038

Stellar MLS

APN: 80122-1460-0

Florida Manatee County Longboat Key 34228

4621 Gulf of Mexico Dr Unit 7F, Longboat Key, FL

This home is located at 4621 Gulf of Mexico Dr Unit 7F, Longboat Key, FL 34228 since 22 July 2022 and is currently estimated at $644,803, approximately $716 per square foot. This property was built in 1973. 4621 Gulf of Mexico Dr Unit 7F 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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