NOT LISTED FOR SALE

490 N Shore Rd Unit 8 Longboat Key, FL 34228

Estimated Value: $607,000 - $849,000

2 Beds
2.5 Baths
1,350 Sq Ft
$1,350/mo HOA Fee

Last Sold May 23, 2024

Last sale price $813,000 $602 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,013/month

98 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • High Ceiling

About This Home

As of May 2024

GREAT NEWS ALL AROUND!!! New price, NEW ROOF and NEW Carrier AC installed in April (both already paid for by seller). The Milestone inspection report results just came back and passed phase one and phase two is not required!!! The reserve study was also completed last year, and the funding has already been included in the HOA dues. If that is not enough, this is waterfront living at its absolute finest with incredible views from every vantage point. You have the opportunity to live the resort style island life in an intimate, private, boutique nine-unit association that is rarely available for sale, on Longboat Key's north end. This condo is being sold TURN KEY FURNISHED. Spend your days overlooking Longboat Pass and the magnificent views of both the Gulf of Mexico and the bay/Intracoastal. Swim in your community pool on-site or head to the community docks out back for boating, paddle boarding, fishing, or just enjoying the breathtaking sunsets. Northgate also has a private clay tennis court for owners and their guests. This beautiful condo has been updated to include: new kitchen quartz counters, stainless appliances, shaker cabinets, luxury vinyl floors, a newer hot water heater and more. Drink your morning coffee on either lanai while peacefully taking in the waterfront views, birds and nature at its best. The abundantly spacious private storage ROOM (12x13) located on the ground level includes plenty of space for kayaks, bikes, and beach and water toys. The Gulf of Mexico is located at the end of North Shore Rd (1 minute by bike or and only a few minutes if walking) with one of the largest and most beautiful white sand beaches. This location at the northern point of Longboat is perfect for its proximity to award winning golf, shopping, restaurants, arts and culture of both St. Armand’s Circle, Sarasota, and Anna Maria Island! Also within a short distance, is the fabulous Shore restaurant, Mar Vista and Whitney’s Roadside Café. Location, views and turnkey furnished - just bring your bathing suits and start enjoying the island way of life. Great rental income opportunity as well - rental history information provided upon request. Schedule your private showing today.

Last Agent to Sell the Property

Mairead Smialek

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3448857 Listed on: 01/13/2024

COLDWELL BANKER REALTY

Co-Listed By

Samantha Kotlik

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3445522

Last Buyer's Agent

Shelly Hart

DALTON WADE INC License #3507021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1978

Lot Details

  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $1,350 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Full Bay or Harbor
  • Pool
  • Tennis Court

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Subterranean Parking
  • Ground Level Parking
  • Guest Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Balcony
  • Outdoor Storage

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, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, recreational facilities, sewer, water
  • Richard Abuza Association, Phone Number (413) 537-5309
  • Northgate Of Longboat Key Community
  • Northgate Of Longboat Key Subdivision

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,245

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,350 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1350
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2367
  • Directions to Property: GMD north, turn left on N Shore Rd. Community on right - go to unit 8.
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR281502055
  • Co List Office Phone: 941-388-3966
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 602.22
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Dock
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 3
  • Street Number Modifier: 490
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 125.42
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Other
  • Pool Private: No
  • View: Pool, Tennis Court, Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Bay/Harbor - Partial,Gulf/Ocean - Partial,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Ground Level, Guest, Underground

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts
  • Association Amenities: Pool, Storage, Tennis Court(s)
  • Association Fee: 4050
  • Association Fee Frequency: Quarterly
  • Association Name: Richard Abuza
  • Phone: 413.537.5309
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 490
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Richardabuza@gmail.com

Fee Information

  • Total Annual Fees: 16200.00
  • Total Monthly Fees: 1350.00
  • Monthly HOA Amount: 1350.00

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7813510406
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to condo docs attached in MLS for additional clarification.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 8245.46
  • Tax Book Number: 8-80
  • Tax Lot: Unit 8

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
May 22, 2024
Sold by
Hoff Aaron M and Hoff Yvette P
Bought by
Sher Mitchell H and Sher Ann Marie
Seller's Agent
Mairead Smialek
COLDWELL BANKER REALTY
Buyer's Agent
Shelly Hart
DALTON WADE INC
List Price
$1,250,000
Sold Price
$813,000
Premium/Discount to List
-$437,000
-34.96%
Views
43
Current Estimated Value
$744,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,689
Avg. Annual Appreciation
-6.20%
Original Mortgage
$569,100
Outstanding Balance
$561,120
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$183,191

Purchase Details

Listed on
Dec 8, 2017
Closed on
Aug 1, 2018
Sold by
Sonnabend Stephanie
Bought by
Hoff Yvette P and Hoff Aaron M
Seller's Agent
Gerald Cunningham
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Giovanna Canger
PROPERTY PARTNERS REALTY INC
List Price
$431,567
Sold Price
$356,000
Premium/Discount to List
-$75,567
-17.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$320,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2015
Sold by
Ciccolo Greg and Ciccolo Gregory M
Bought by
Sonnabend Stephanie

Purchase Details

Listed on
Jun 30, 2014
Closed on
Nov 5, 2014
Sold by
Williams George C
Bought by
Ciccolo Greg and Sonnabend Stephanie
Seller's Agent
Shellie Young
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Nov 4, 2014
Sold by
Williams Dorothy G
Bought by
Ciccolo Greg and Sonnabend Stephanie
Seller's Agent
Shellie Young
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Oct 29, 2014
Sold by
Banker Janet Williams
Bought by
Ciccolo Greg and Sonnabend Stephanie
Seller's Agent
Shellie Young
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%

Purchase Details

Closed on
Mar 13, 2014
Sold by
Wiliams George C and Williams Dorothy G
Bought by
Williams Dorothy G
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
Sher Mitchell H $813,000 None Listed On Document
Hoff Yvette P $356,000 Attorney
Sonnabend Stephanie -- Attorney
Ciccolo Greg -- Attorney
Ciccolo Greg $355,000 Attorney
Ciccolo Greg -- Attorney
Williams Dorothy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sher Mitchell H $569,100
Previous Owner Hoff Yvette P $320,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $813,000 -4.2% $602 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $849,000 -12.9% $629 / Sq Ft
03/23/2024 03/23/24 Price Changed $975,000 -13.3% $722 / Sq Ft
02/27/2024 02/27/24 Price Changed $1,125,000 -6.2% $833 / Sq Ft
02/11/2024 02/11/24 Price Changed $1,199,999 -4.0% $889 / Sq Ft
01/13/2024 01/13/24 For Sale $1,250,000 +252.1% $926 / Sq Ft
08/17/2018 08/17/18 Off Market $355,000 -- --
08/10/2018 08/10/18 Sold $356,000 -3.7% $264 / Sq Ft View Prior Sale
06/28/2018 06/28/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $369,621 -4.6% $274 / Sq Ft
05/22/2018 05/22/18 Price Changed $387,567 -2.5% $287 / Sq Ft
01/30/2018 01/30/18 Price Changed $397,567 -7.9% $294 / Sq Ft
12/07/2017 12/07/17 For Sale $431,567 +21.6% $320 / Sq Ft
11/04/2014 11/04/14 Sold $355,000 -7.8% $263 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $385,000 -- $285 / 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 $8,409 $236,394 -- $236,394
2024 $8,409 $654,500 -- $654,500
2023 $8,245 $654,500 $0 $654,500
2022 $6,283 $388,500 $0 $388,500
2021 $5,560 $320,000 $0 $320,000
2020 $5,521 $300,000 $0 $300,000
2019 $5,391 $295,000 $0 $295,000
2018 $6,930 $385,000 $0 $0
2017 $5,975 $366,600 $0 $0
2016 $5,619 $339,500 $0 $0
2015 $4,402 $282,900 $0 $0
2014 $4,402 $252,631 $0 $0
2013 $4,215 $252,630 $164,493 $88,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594983

Stellar MLS

APN: 78135-1040-6