NOT LISTED FOR SALE

Windward Bay Condos 4900 Gulf of Mexico Dr Unit B305 Longboat Key, FL 34228

Estimated Value: $561,000 - $706,000

2 Beds
2 Baths
1,312 Sq Ft
$816/mo HOA Fee

Last Sold June 29, 2018

Last sale price $310,000 $236 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,470/month

62 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Marina
  • Boat Dock
  • Anna Maria Elementary School Rated A-
  • White Water Ocean Views
  • Water access To Gulf or Ocean

About This Home

As of June 2018

Gorgeous, expansive, “so close you feel like you can touch the water” views of Sarasota Bay from this well located 2 bedroom, 2 bathroom condo. Great opportunity to purchase in one of the most sought-after buildings on the property. This unit is very close to the pool, tennis, pickleball, fitness center, clubhouse with catering kitchen and marina. Windward Bay has boat slips at $30/month (plus $5 if you have a boat lift) and deeded beach access directly across the street. This condo has been well loved by a long time resident and is now a great opportunity for that special new owner who wants to decorate to their taste. Enjoy the large living room picture window and 23’ wall of windows on the lanai overlooking the bay. In your ensuite master retreat with large walk in closet and separate reach-in closet, awaken to the sunrise glowing on the water. Guests can watch manatees play and birds soaring aloft from their water view bedroom as well. Finish up your fun-filled day with a favorite beverage watching the moon rise and shimmer across the surface of Sarasota Bay. This is also a terrific home to mix personal use with earning rental income. Windward Bay permits rentals twice a year with a one month minimum enabling an owner to rent anytime of year even in the height of the winter rental season and again to the summer vacationers.

Last Agent to Sell the Property

Eileen Gillen

COLDWELL BANKER REALTY License #3385420 Listed on: 04/05/2018

COLDWELL BANKER REALTY

Co-Listed By

Brian Gillen

COLDWELL BANKER REALTY License #3406048

Last Buyer's Agent

Eileen Gillen

COLDWELL BANKER REALTY License #3385420 Listed on: 04/05/2018

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1975

Lot Details

  • Public Beach
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees

HOA Fees

  • $816 Monthly HOA Fees

Property Views

Home Design

  • Stem Wall Foundation
  • Steel Frame
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outside Bathroom Access
  • Child Gate Fence
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Marina
  • Deeded access to the beach
  • No Fixed Bridges
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall
  • Open Dock
  • Dock made with Composite Material
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Castle Mgmt 941 383 3571 Association
  • Mid-Rise Condominium
  • Windward Bay Community
  • Windward Bay Condo Amd Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Recreation Facilities

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,013

Year Built

Built in 1975

Lot Details

0

HOA Fees

$816 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Frame, Stucco
  • Fireplace: No
  • Living Area: 1312
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1312
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215585&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215585&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 224
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93939
  • Price per Sq Ft: 236.28
  • Close to Original List Price Ratio: 0.78481
  • Ratio: Current Price\Building Area Total: 236.28
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Blinds
  • Room Count: 5
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Public, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Open, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 200
  • Additional Water Information: Community has 2 marinas with slips $30.mo (first come) and kayak storage, $48/yr. Each Marina has a kayak launch. Marinas have deep water access to Intracoastal Waterway and Sarasota Bay. No Bridges.
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Parking Features: Assigned, Guest, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Laundry, Marina, Recreation Facilities, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Name: Castle Mgmt 941-383-3571
  • Association: No
  • Senior Community: No
  • Condo Fees: 592
  • Condo Fees Term: Monthly
  • Other Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 592
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9792
  • Total Monthly Fees: 816

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8007911558
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: As per Association guidelines.
  • Num Timesper Year: 2
  • Pet Restrictions: 2 allowed, 25 lb max.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 mo min, twice per year. Tenant approval required.

Tax Info

  • Tax Annual Amount: 5013
  • Tax Book Number: 3-82
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 29, 2018
Sold by
Sax Frances M and Sax Frances M
Bought by
Morley Michele and Morley Stephen
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Eileen Gillen
COLDWELL BANKER REALTY
List Price
$395,000
Sold Price
$310,000
Premium/Discount to List
-$85,000
-21.52%
Current Estimated Value
$627,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,790
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Jan 20, 2006
Sold by
Sax Frances M
Bought by
Sax Frances M and Frances M Sax Revocable Trust
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
Morley Michele $310,000 Msc Title Inc
Sax Frances M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $310,000 -6.1% $236 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $330,000 -8.3% $252 / Sq Ft
04/30/2018 04/30/18 Price Changed $360,000 -8.9% $274 / Sq Ft
04/05/2018 04/05/18 For Sale $395,000 -- $301 / 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 $4,214 $483,153 -- --
2024 $4,214 $650,250 -- $650,250
2023 $7,723 $612,000 $0 $612,000
2022 $6,682 $488,250 $0 $488,250
2021 $2,753 $330,000 $0 $330,000
2020 $5,583 $330,000 $0 $330,000
2019 $5,092 $295,000 $0 $295,000
2018 $5,400 $315,000 $0 $0
2017 $5,013 $336,100 $0 $0
2016 $4,475 $275,500 $0 $0
2015 $3,569 $229,600 $0 $0
2014 $3,569 $212,626 $0 $0
2013 $3,380 $202,558 $1 $202,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4215585

Stellar MLS

APN: 80079-1155-8