NOT LISTED FOR SALE

5055 Gulf of Mexico Dr Unit 512 Longboat Key, FL 34228

Estimated Value: $804,000 - $930,625

2 Beds
2 Baths
1,484 Sq Ft
$1,083/mo HOA Fee

Last Sold November 05, 2020

Last sale price $595,000 $401 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,805/month

39 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of November 2020

Direct Gulf front at Club Longboat. Offered turnkey furnished, including a Steinway baby grand piano, 2 sleeper sofas, and wine cooler. Enjoy year round sunsets from this first floor 3 bedroom (currently being used as 2 bedrooms and an office) and 2 bathrooms with a large patio with gas grill and fire pit. HVAC system has UV lamp for mold & virus. Plantation shutters on all sliding glass doors. Updated kitchen. Club Longboat offers Ha-Tru tennis courts, 2 heated pools, fitness room, sauna, a clubhouse with library, game room, & catering kitchen, shuffleboard, and on-site management

Last Agent to Sell the Property

Peter Snyder

COLDWELL BANKER REALTY License #0630852 Listed on: 07/24/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Michael Albano, PA

COLDWELL BANKER REALTY License #3168907

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1973

Lot Details

  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $1,083 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Fireplace
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Lisa Dagley Association, Phone Number (941) 383-6081
  • Visit Association Website
  • Club Longboat Beach & Tennis Community
  • Club Longboat Beach & Tennis Am Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,885

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1484
  • New Construction: No
  • Year Built: 1973
  • Directions to Property: Gulf of Mexico Drive to 5055. Turn right once on the property and follow building around to guest parking along the north side of the property.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473385?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473385?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93701
  • Price per Sq Ft: 400.94
  • Close to Original List Price Ratio: 0.93701
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Other
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 5055
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors, Storage, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 300
  • Water Frontage Feet Gulf Ocean: 300

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Lisa Dagley
  • Phone: 941-383-6081
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3250
  • Condo Fees Term: Quarterly
  • Association Website: www.clublongboat.com
  • Association Email: clbmanager@comcast.net
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1083
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 13000
  • Total Monthly Fees: 1083.33

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7998103506
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Month
  • Approval Process: Please refer to condominium documents and rules & regulations
  • Num Timesper Year: 6
  • Pet Restrictions: Please refer to condominium documents and rules & regulations
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to condominium documents and rules & regulations

Tax Info

  • Tax Annual Amount: 5885.14
  • Tax Book Number: 4-64
  • Tax Lot: 512

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Nov 4, 2020
Sold by
Perkins John H and Perkins Betsy C
Bought by
Larson Thomas R and Larson Jane S
Seller's Agent
Peter Snyder
COLDWELL BANKER REALTY
Buyer's Agent
Michael Albano, PA
COLDWELL BANKER REALTY
List Price
$635,000
Sold Price
$595,000
Premium/Discount to List
-$40,000
-6.3%
Current Estimated Value
$886,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,906
Avg. Annual Appreciation
8.43%
Original Mortgage
$416,500
Outstanding Balance
$371,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$515,615

Purchase Details

Closed on
Oct 23, 2001
Sold by
Bursey Mary Gail and Carpenter Molly
Bought by
Perkins John H and Perkins Betsy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.67%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Meltzer Joel S and Katz Hardy C
Bought by
Hohengarten Gail
Source: Public Records

Range of Values:

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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
Larson Thomas R $595,000 Attorney
Perkins John H $400,000 --
Hohengarten Gail $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Thomas R $416,500
Previous Owner Perkins John H $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $595,000 -6.3% $401 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $635,000 -- $428 / 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 $12,021 $362,950 -- $362,950
2024 $12,021 $909,500 -- $909,500
2023 $11,530 $875,500 $0 $875,500
2022 $10,000 $698,250 $0 $698,250
2021 $8,322 $505,000 $0 $505,000
2020 $6,078 $385,867 $0 $0
2019 $5,885 $377,192 $0 $0
2018 $5,861 $370,159 $0 $0
2017 $5,492 $362,546 $0 $0
2016 $5,494 $355,089 $0 $0
2015 $5,408 $352,621 $0 $0
2014 $5,408 $349,822 $0 $0
2013 $5,106 $344,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Snyder

    Seller's Agent in 2020

    Peter Snyder

    COLDWELL BANKER REALTY

    (941) 356-6824

    16 in this area

    45 Total Sales

    Peter Snyder
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Albano, PA

    COLDWELL BANKER REALTY

    (941) 993-9571

    14 in this area

    29 Total Sales

    Michael Albano, PA
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4473385

Stellar MLS

APN: 79981-0350-6

Florida Manatee County Longboat Key 34228

5055 Gulf of Mexico Dr Unit 512, Longboat Key, FL

This home is located at 5055 Gulf of Mexico Dr Unit 512, Longboat Key, FL 34228 since 24 July 2020 and is currently estimated at $886,906, approximately $597 per square foot. This property was built in 1973. 5055 Gulf of Mexico Dr Unit 512 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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