NOT LISTED FOR SALE

4651 Gulf of Mexico Dr Unit PH3 Longboat Key, FL 34228

Estimated Value: $2,217,000 - $5,717,000

4 Beds
4.5 Baths
3,900 Sq Ft
$3,845/mo HOA Fee

Last Sold May 17, 2023

Last sale price $5,962,100 $1,529 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $33,527/month

Highlights

  • 242 Feet of Ocean or Gulf Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Anna Maria Elementary School Rated A-
  • Beach Access
  • Home Theater

About This Home

As of May 2023

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Nestled within more than 3 acres of Longboat Key’s pristine landscape, Sage Longboat Key Residences is an incredible oasis of new development that caters to the discerning tastes of the fortunate few. A single building will comprise only 16 exclusive residences, each exceeding 4,000 air-conditioned square feet. Additional living space flows onto expansive balconies that offer unobstructed views of both the Gulf of Mexico and Sarasota Bay. Thoughtful integration of every premium appointment is the hallmark of Sage, from advanced Smart Home technology to discreet personal service that delivers the height of lifestyle and wellness amenities alongside full-time security. The magnificently secluded property includes a modern wellness center, saltwater pool with attendant, private cabanas, an exclusive club lounge, and landscaped paths and gardens that invite meditation and exploration. Residents enjoy exclusive direct access to 260 feet of white-sand beach with waterside attendants to cater to every comfort. From private elevator access and keyless entry, each residence opens to an elegant foyer with custom 8-foot Italian doors. Floor-to-ceiling windows and sliders complement soaring 11-foot ceilings and open living spaces for seamless flow and breathtaking views. Overlooking spacious dining and living areas, chic kitchens include custom concealed Italian cabinetry, stainless finishes and premium Wolf and Sub-Zero appliances. Gas range, double wall ovens, side-by-side refrigerator, wet bar with ice maker and an additional summer kitchen on the balcony are perfect for entertaining on any scale. Each master suite features private balcony access, a spacious walk-in closet, soaking tub and dual sinks. In-unit laundry includes high capacity washer and dryer. Wood flooring, recessed LED lighting and pre-configured Smart Home technology throughout. Private two-car garage with optional lifts are designated for each residence. Beyond the luxurious modern design, residents are offered the opportunity for customization, fully tailoring the finishes and features to individual tastes. Sage LBK harmonizes the lush natural setting of Longboat Key with modern aesthetic and function to create the ultimate in residential luxury.

Last Agent to Sell the Property

Lisa Rooks Morris

MICHAEL SAUNDERS & COMPANY License #3042565 Listed on: 03/02/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Moriah Taliaferro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3298923

Last Buyer's Agent

Lisa Rooks Morris

MICHAEL SAUNDERS & COMPANY License #3042565 Listed on: 03/02/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $141,182

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 242 Feet of Ocean or Gulf Waterfront
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $3,845 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Home in Pre-Construction
  • Contemporary Architecture
  • Entry on the 5th floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Home Theater
  • Den
  • Bonus Room
  • Game Room
  • White Water Ocean Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Cooking Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting

Schools

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

Utilities

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

Additional Features

  • Flood Zone Lot
  • Mobile Home Model is A Plan

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, gas, insurance, maintenance structure, ground maintenance, management, pest control, private road, security, sewer, trash, water
  • Castle Group Association
  • Built by Property Market Group
  • Sage Longboat Key Residences Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$141,182

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$3,845 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3900
  • Lot Size Acres: 3.4
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 4590
  • Lot Size Sq Ft: 148200
  • Directions to Property: Heading north on Gulf of Mexico. Property on the left.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1528.74
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise,Penthouse
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Stories: 5
  • Window Features: Insulated Windows
  • Street Number Modifier: 4651
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Great Room,Media Room
  • Living Area Meters: 362.32
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lap, Lighting, Salt Water
  • Exterior Features: Balcony, Lighting, Outdoor Kitchen, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch
  • Road Surface Type: Paved
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 242
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0294E
  • Projected Completion Date: 2022-10-31T00:00:00.000
  • Water Frontage Feet Gulf Ocean: 242

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Driveway, Garage Door Opener, Garage Faces Side, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
  • Association Fee: 11534
  • Association Fee Frequency: Quarterly
  • Association Name: Castle Group
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: SAGE LONGBOAT KEY RESIDENCES
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: 800. 337.5850
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 46136.00
  • Total Monthly Fees: 3844.67
  • Monthly HOA Amount: 3844.67

Schools

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

Lot Info

  • Zoning: T6
  • Parcel Number: 4651 GULF OF MEXICO DR UNIT 1PH3 LONGBOAT KEY
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 13768

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Property Market Group

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condominium Declaration 18.1

Tax Info

  • Tax Annual Amount: 141182.35
  • Tax Book Number: 4-121,
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: See Condominium Declaration 18.1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $5,962,100 +1.1% $1,529 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $5,900,000 -- $1,513 / 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 $77,843 $5,661,000 -- $5,661,000
2024 $77,843 $5,040,500 -- $5,040,500
2023 $7,828 $472,082 -- $472,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493138

Stellar MLS

APN: 80117-0065-9