NOT LISTED FOR SALE

Sand Cay Condominiums 4725 Gulf of Mexico Dr Unit 114 Longboat Key, FL 34228

Estimated Value: $734,000 - $1,088,000

2 Beds
2 Baths
1,032 Sq Ft
$933/mo HOA Fee

Last Sold April 20, 2018

Last sale price $405,000 $392 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,355/month

121 Days on Market

Highlights

  • 680 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated Indoor Pool
  • Anna Maria Elementary School Rated A-
  • Private Beach
  • Deck

About This Home

As of April 2018

Come enjoy resort style living at Sand Cay Beach Resort. Rare fully furnished 2 bedroom/2 bath corner unit is ready for you to move in and begin relaxing. Desirably located, on the ground floor with an outdoor patio and pool view, just steps away from the white sandy beach with private access. This community offers 340ft of water frontage with first class amenities including tennis courts, shuffleboard, heated pool, basketball, barbecue area. Weekly rentals make this is a great investment property with a full time on-site manager and an in-house rental program

Last Agent to Sell the Property

Annette Forsberg

License #3261029 Listed on: 11/05/2017

Last Buyer's Agent

Frank Golio

SARASOTA REALTY CENTER LLC License #3316580

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,652

Year Built

  • Built in 1974

Lot Details

  • Private Beach
  • End Unit
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,032 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Customized Wheelchair Accessible

Pool

  • Heated Indoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Schools

  • Bayshore Elementary School
  • College Park Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Electric 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, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, sewer, trash, water
  • 60 Units
  • 941 383 5044 Association
  • Sand Cay A Condominium Community
  • Sand Cay A Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,652

Year Built

Built in 1974

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1032
  • New Construction: No
  • Year Built: 1974
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 1032
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive Sand Cay will be on your left just following the Hilton. 4725 Gulf Of Mexico. Use south entrance and it is the 2nd building in.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200375&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200375&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.96452
  • Price per Sq Ft: 392.44
  • Close to Original List Price Ratio: 0.85281
  • Ratio: Current Price\Building Area Total: 392.44
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 4725
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, Indoor
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Shower, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Pool
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 680
  • Water Frontage Feet Beach Pub: 340
  • Water Frontage Feet Gulf Ocean: 340
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access
  • Association Amenities: Elevator(s), Laundry, Maintenance
  • Association Fee: 2799
  • Association Fee Frequency: Quarterly
  • Association Name: 941-383-5044
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11196
  • Monthly HOA Fee: 933
  • Total Monthly Fees: 933

Schools

  • Elementary School: Bayshore Elementary
  • High School: Bayshore High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: T6
  • Parcel Number: 8008800750
  • Additional Parcels: No
  • Lot Features: Level, Sidewalk
  • Millage Rate: 16.8
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Association Approval
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo doc's.

Multi Family

  • Number Of Units Total: 60
  • Waterfront Features: Beach - Public, Gulf/Ocean

Tax Info

  • Tax Annual Amount: 5652
  • Tax Book Number: 5-60
  • Tax Lot: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2017
Closed on
Apr 18, 2018
Sold by
Qnw Llc
Bought by
Schuette Rentals Llc
Seller's Agent
Annette Forsberg
Buyer's Agent
Frank Golio
SARASOTA REALTY CENTER LLC
List Price
$474,900
Sold Price
$405,000
Premium/Discount to List
-$69,900
-14.72%
Current Estimated Value
$852,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,685
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
May 6, 2005
Sold by
Liv Harp Elizabeth T and Liv Elizabeth T Harp Revocable
Bought by
Qnw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Appel Anthony W and Appel Susan
Bought by
Harp Elizabeth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,708
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1993
Sold by
Canto Louis M and Canto Nancy J
Bought by
Appel Anthony W and Appel Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
7.19%
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
Schuette Rentals Llc $405,000 Attorney
Qnw Llc $630,000 Gulfview Title Agency Llc
Harp Elizabeth T $390,000 --
Appel Anthony W $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qnw Llc $504,000
Previous Owner Appel Susan M $148,708
Previous Owner Appel Anthony W $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $405,000 -3.5% $392 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/27/2018 02/27/18 Price Changed $419,900 -9.7% $407 / Sq Ft
01/13/2018 01/13/18 Price Changed $464,900 -2.1% $450 / Sq Ft
11/05/2017 11/05/17 For Sale $474,900 -- $460 / 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 $9,312 $748,000 -- $748,000
2023 $7,699 $527,000 $0 $527,000
2022 $6,745 $425,250 $0 $425,250
2021 $6,111 $375,000 $0 $375,000
2020 $6,446 $375,000 $0 $375,000
2019 $6,389 $375,000 $0 $375,000
2018 $6,018 $370,000 $0 $0
2017 $5,652 $410,000 $0 $0
2016 $4,965 $328,000 $0 $0
2015 $4,004 $254,900 $0 $0
2014 $4,004 $235,751 $0 $0
2013 $3,421 $205,001 $1 $205,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Annette Forsberg

    Section Image
  • Frank Golio

    Buyer's Agent in 2018

    Frank Golio

    SARASOTA REALTY CENTER LLC

    (941) 363-1075

    113 Total Sales

    Frank Golio
    Section Image
See All Agents

About Sand Cay Condominiums

Map

Source: Stellar MLS

MLS Number: A4200375

Stellar MLS

APN: 80088-0075-0

Florida Manatee County Longboat Key 34228

4725 Gulf of Mexico Dr Unit 114, Longboat Key, FL

This home is located at 4725 Gulf of Mexico Dr Unit 114, Longboat Key, FL 34228 since 05 November 2017 and is currently estimated at $852,685, approximately $826 per square foot. This property was built in 1974. 4725 Gulf of Mexico Dr Unit 114 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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