NOT LISTED FOR SALE

5285 Gulf of Mexico Dr Unit 103 Longboat Key, FL 34228

Estimated Value: $826,000 - $958,000

2 Beds
2 Baths
1,133 Sq Ft
$737/mo HOA Fee

Last Sold June 04, 2018

Last sale price $580,000 $512 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,792/month

85 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Boat Dock
  • Public Beach
  • Anna Maria Elementary School Rated A-
  • Property fronts gulf or ocean with access to the bay
  • Fitness Center

About This Home

As of June 2018

Rarely available beachfront condo at popular Banyan Bay Club, a 44 unit beach-to-bay community. Ground floor allows you to step right out to enjoy your morning beverage on the private patio, bask in the sun on the nearby chaises, and view the beautiful sunsets. This light and bright end unit, sold turnkey furnished, has been recently remodeled to incorporate an open floor plan. New cabinets and quartz countertops give a cheerful, clean look to the kitchen and bathrooms. Stainless steel appliances and an island for seating complete the look for the kitchen. The large glass sliders provide a view of the garden.The LR/DR area has a coastal feel and provides two seating areas. The wall of glass sliders with new plantation shutters provide a scenic view of the beach and the Gulf of Mexico. The spacious master BR with king bed allows room to add a daybed. Private bath with double sinks and walk in closet. The guest bedroom with twin beds can be closed off to create an en suite with bathroom for privacy. A separate linen closet and in unit washer/dryer add to convenience. Banyan Bay Club includes assigned covered parking for each unit, a pool, tennis court, small fitness center, fishing pier, and many social activities. Walking distance to Centre Shops (Lazy Lobster, Blue Dolphin, Ciao's), short drive to Euphenia Haye, Harry's, new Bayfront park, and more.

Last Agent to Sell the Property

Tammy Garner

COLDWELL BANKER REALTY License #0604873 Listed on: 01/26/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Ana Fox

DALTON WADE INC License #3142919

DALTON WADE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,777

Year Built

  • Built in 1974

Lot Details

  • 600 Feet of Waterfront
  • Property fronts a public beach
  • Property Fronts a Bay or Harbor
  • Public Beach
  • End Unit
  • East Facing Home
  • Metered Sprinkler System
  • Zero Lot Line
  • Condo Land Included
  • Land Lease expires 8/11/18

HOA Fees

  • $737 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,133 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Property fronts gulf or ocean with access to the bay
  • Fishing Pier
  • Access to Bay or Harbor
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, recreational facilities, sewer, water
  • Lighthouse Management Association
  • Banyan Bay Community
  • Banyan Bay Club Condo The Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,777

Year Built

Built in 1974

Lot Details

0

HOA Fees

$737 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1133
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1293
  • Directions to Property: North Longboat Key to 5285 Gulf of Mexico
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207965&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207965&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.96828
  • Price per Sq Ft: 511.92
  • Close to Original List Price Ratio: 0.90767
  • Ratio: Current Price\Building Area Total: 448.57
  • 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: Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5285
  • Room Count: 5
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Sliding Doors, Sprinkler Metered, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Gulf/Ocean - Full
  • Water Access: Bay/Harbor, Beach - Public
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 600
  • Water Frontage Feet Beach Pub: 200
  • Additional Water Information: Day dock at bay front as well as fishing pier
  • Water Frontage Feet Bay Harbor: 200
  • Water Frontage Feet Ocean 2 Bay: 200
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • 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, Fishing, Fitness, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Dock, Fitness Center, Maintenance, Recreation Facilities, Tennis Court(s)
  • Association Fee: 2210
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8840
  • Monthly HOA Fee: 736.67
  • Total Monthly Fees: 736.67

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7993810204
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Zero Lot Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • Land Lease Expiration Date: 2018-08-11
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 4
  • Pet Restrictions: pets must be leashed. no pets on the beach.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 5000
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Current baynan bay owners may rent from another owner without it counting against the rental restrictions

Tax Info

  • Tax Annual Amount: 7777
  • Tax Book Number: 5-18
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Beach - Public, Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Jun 1, 2018
Sold by
Adrian Linda L and Adrian Milan V
Bought by
Shevich Dov and Astman Mariola
Seller's Agent
Tammy Garner
COLDWELL BANKER REALTY
Buyer's Agent
Ana Fox
DALTON WADE INC
List Price
$639,000
Sold Price
$580,000
Premium/Discount to List
-$59,000
-9.23%
Current Estimated Value
$910,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,729
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Feb 25, 2016
Sold by
Adrian Linda L
Bought by
Adrian Linda L and Adrian Milan V

Purchase Details

Closed on
Nov 19, 2013
Sold by
Adrian Linda L and Linda Adrian & Associates Inc
Bought by
Adrian Linda L

Purchase Details

Closed on
Dec 16, 2003
Sold by
Adrian Milan V
Bought by
Adrian Linda L and Ring Plan

Purchase Details

Closed on
Jan 7, 2003
Sold by
Cathcart Lucy R
Bought by
Adrian Milan V

Purchase Details

Closed on
Dec 15, 1999
Sold by
Cathcart Wallace P and Cathcart Lucy R
Bought by
Cathcart Lucy R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shevich Dov $580,000 Attorney
Adrian Linda L -- Attorney
Adrian Linda L $180,000 Attorney
Adrian Linda L $49,500 --
Adrian Milan V $495,000 --
Cathcart Lucy R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $580,000 -3.2% $512 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/05/2018 04/05/18 Price Changed $599,000 -1.6% $529 / Sq Ft
02/16/2018 02/16/18 Price Changed $609,000 -4.7% $538 / Sq Ft
01/26/2018 01/26/18 For Sale $639,000 -- $564 / 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 $13,099 $294,525 -- $294,525
2024 $13,099 $875,500 -- --
2023 $13,031 $850,000 $0 $850,000
2022 $9,608 $708,750 $0 $708,750
2021 $7,574 $455,000 $0 $455,000
2020 $7,733 $440,000 $0 $440,000
2019 $8,676 $500,000 $0 $500,000
2018 $8,558 $485,000 $0 $0
2017 $7,777 $460,750 $0 $0
2016 $7,585 $438,800 $0 $0
2015 $6,950 $398,900 $0 $0
2014 $6,950 $398,901 $0 $0
2013 $6,463 $387,297 $1 $387,296
Source: Public Records

Agents Affiliated with this Home

  • Tammy Garner

    Seller's Agent in 2018

    Tammy Garner

    COLDWELL BANKER REALTY

    (941) 374-4161

    5 in this area

    99 Total Sales

    Tammy Garner
    Section Image

  • A

    Buyer's Agent in 2018

    Ana Fox

    DALTON WADE INC

    (941) 915-7604

    34 Total Sales

    Ana Fox
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4207965

Stellar MLS

APN: 79938-1020-4

Florida Manatee County Longboat Key 34228

5285 Gulf of Mexico Dr Unit 103, Longboat Key, FL

This home is located at 5285 Gulf of Mexico Dr Unit 103, Longboat Key, FL 34228 since 26 January 2018 and is currently estimated at $910,729, approximately $803 per square foot. This property was built in 1974. 5285 Gulf of Mexico Dr Unit 103 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

Nearby Homes