NOT LISTED FOR SALE

5265 Gulf of Mexico Dr Unit 304 Longboat Key, FL 34228

Estimated Value: $790,000 - $938,000

3 Beds
3 Baths
1,453 Sq Ft
$1,689/mo HOA Fee

Last Sold April 29, 2024

Last sale price $925,000 $637 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,679/month

271 Days on Market

Highlights

  • 200 Feet of Bay Harbor Waterfront
  • Beach Access
  • Cathedral Ceiling
  • Anna Maria Elementary School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of April 2024

Gulf to Bay community of 44 units, pets welcome, incredible Gulf views. This 3 bedroom condo has high vaulted ceiling and has lots of closet space. Owner improvements include new washer/dryer, updated kitchen appliances, impact exterior doors, electric fireplace, enlarged front porch, new interior doors, new ceiling fans, 2019 HVAC and hot water heater. Large storage room. All TVs and Sonos system with in-ceiling speakers convey. If you're looking for a beach getaway, this is it.

Last Agent to Sell the Property

Adam Cuffaro

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-752-2683 License #3054744 Listed on: 06/22/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Cindy Schatzle

COLDWELL BANKER REALTY License #3240135

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1974

Lot Details

  • 200 Feet of Bay Harbor Waterfront
  • Northeast Facing Home
  • Irrigation

HOA Fees

  • $1,689 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Combination Dining and Living Room
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Fishing Pier

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Banyan Bay Community
  • The Banyan Bay Club Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 75 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,716

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,689 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 1453
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1589
  • Directions to Property: Gulf of Mexico Dr. to Banyan Bay Club (5265) 1st set of condos on the RT. Unit 304
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 636.61
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Attribution Contact: 941-752-2683
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 5265
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 134.99
  • Room Count: 3

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Irrigation System, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet Bay Harbor: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Courts
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No pets on beach. Tenants, no pets. Leash required. Pet waste pickup required. **See current condominium rules and regulations and bylaws**
  • Association Fee Requirement: None
  • Building Name Number: NA
  • Condo Fees: 5068
  • Condo Land Included YN: 0
  • Max Pet Weight: 75
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1689
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 20272.00
  • Total Monthly Fees: 1689.33

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7993810659
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions

Tax Info

  • Tax Annual Amount: 3716
  • Tax Book Number: 5-18
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Please see Condominium Documents for Approval Process

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Apr 26, 2024
Sold by
Cable Gerald W and Welsh Mary Judith
Bought by
Voelzke James Francis and Voelzke Emma Geimer
Seller's Agent
Adam Cuffaro
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Cindy Schatzle
COLDWELL BANKER REALTY
List Price
$1,200,000
Sold Price
$925,000
Premium/Discount to List
-$275,000
-22.92%
Views
189
Current Estimated Value
$853,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,877
Avg. Annual Appreciation
-4.30%

Purchase Details

Closed on
May 4, 2001
Sold by
Cable Gerald W and Cable Mary Judith
Bought by
Cable Gerald W and Cable Judith Welsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
6.98%
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
Voelzke James Francis $925,000 Clear Title Group
Cable Gerald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welsh Mary Judith $221,500
Previous Owner Cable Gerald W $222,000
Previous Owner Cable Gerald W $230,000
Previous Owner Cable Gerald W $153,700
Previous Owner Cable Gerald W $153,700
Previous Owner Cable Gerald W $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $925,000 -11.9% $637 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $1,050,000 -4.5% $723 / Sq Ft
10/10/2023 10/10/23 Price Changed $1,100,000 -8.3% $757 / Sq Ft
06/22/2023 06/22/23 For Sale $1,200,000 -- $826 / 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 $3,826 $272,043 -- --
2023 $3,793 $264,119 $0 $0
2022 $3,716 $256,426 $0 $0
2021 $3,615 $248,957 $0 $0
2020 $3,753 $245,520 $0 $0
2019 $3,634 $240,000 $0 $240,000
2018 $4,890 $310,000 $0 $0
2017 $5,532 $363,922 $0 $0
2016 $5,535 $356,437 $0 $0
2015 $5,431 $353,959 $0 $0
2014 $5,431 $351,150 $0 $0
2013 $5,128 $345,961 $1 $345,960
Source: Public Records

Agents Affiliated with this Home

  • Adam Cuffaro

    Seller's Agent in 2024

    Adam Cuffaro

    Michael Saunders

    (941) 812-0791

    9 in this area

    260 Total Sales

    Section Image
  • Cindy Schatzle

    Buyer's Agent in 2024

    Cindy Schatzle

    COLDWELL BANKER REALTY

    (941) 587-7556

    22 in this area

    78 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4574390

Stellar MLS

APN: 79938-1065-9

Florida Manatee County Longboat Key 34228

5265 Gulf of Mexico Dr Unit 304, Longboat Key, FL

This home is located at 5265 Gulf of Mexico Dr Unit 304, Longboat Key, FL 34228 since 22 June 2023 and is currently estimated at $837,715, approximately $576 per square foot. This property was built in 1974. 5265 Gulf of Mexico Dr Unit 304 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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