NOT LISTED FOR SALE

5310 Gulf of Mexico Dr Unit 12 Longboat Key, FL 34228

Estimated Value: $509,000 - $656,000

2 Beds
2 Baths
1,014 Sq Ft
$979/mo HOA Fee

Last Sold March 12, 2021

Last sale price $365,000 $360 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,831/month

178 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Boat Dock
  • Fishing
  • Anna Maria Elementary School Rated A-
  • Deeded access to the beach
  • View of Trees or Woods

About This Home

As of March 2021

Your Beach to Bay condo with excellent rental income. The 2020 numbers are in and this condo gross $37k+ in rental income. That’s with choice times taken by seller. That provides a great opportunity to let this property pay for itself, put a profit in your pocket and give you approximately 5 months of owner use. Plus a Recent price reduction, fresh interior paint and new appliances just added makes this a buy of the islands. One of the best small resort style properties on Longboat Key! Tropical Key West style boutique resort. Located in Mid- North Longboat Key which provides a tranquil and relaxed beach lifestyle. Stunning White sand beaches and turquoise Gulf waters. Being this community is a Beach to Bay community, you also have excellent ownership on Sarasota Bay with fishing/day dock and kayak/SUP launch. Short Term Rental 2 bed /2 bath condo on beautiful Longboat Key. Make money, cover ownership expenses & use at your leisure. Excellent opportunity to purchase on Longboat Key. A condo for you to enjoy your own vacations, & earn income during times you aren't there. Beach Castle is a 21 unit beach-to-bay resort. Raised ceilings w/ beautiful tung & groove wood, tasteful furnishings & fixtures & open, spacious floorplan. Natural light pours through in this tropical oasis. Freshly painted interior. Rare nightly rental provides owner w/ opportunity to generate excellent income as vacation rental unit. Excellent location really, some say the best of all the islands, Walking distance to some of Longboats best restaurants, parks and beaches. This location really keeps you in that Quiet relaxed atmosphere that we all love on Longboat, but yet very close to all the action. and nearby hotspots & community activities. Plus just a short drive to either Anna Maria Island with all the family fun or head South to St. Armands Circle & Downtown, where you will enjoy dining, shopping, arts and entertainment. Offered turnkey furnished. Updates include ceramic tile flooring, updated cabinetry & private screened lanai. Community offers heated pool, hot tub, BBQ grills, internet access by pool, laundry facilities, fishing dock, shared boat docks (f1st come, 1st served basis w/ 26' boat limit), kayak launch, tennis courts at neighboring property, bay access, private beach access w/ lounge chairs & umbrellas, lush landscape & manicured grounds. Don't let this opportunity pass!

Last Agent to Sell the Property

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650 Listed on: 08/18/2020

CENTURY 21 BEGGINS ENTERPRISES

Last Buyer's Agent

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650 Listed on: 08/18/2020

CENTURY 21 BEGGINS ENTERPRISES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1973

Lot Details

  • 200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $979 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Elevated Home
  • Turnkey
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,014 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Open Dock
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • 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, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Sandy Ellis Association, Phone Number (866) 870-6596
  • Mccalls Beach Castle A Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • 2 Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,224

Year Built

Built in 1973

Lot Details

0

HOA Fees

$979 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1014
  • Lot Size Acres: 2.33
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1118
  • Lot Size Sq Ft: 101417
  • Directions to Property: Gulf of Mexico Dr to east on 5310 Gulf of Mexico, building on right
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475639?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475639?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated
  • Ratio: Close Price\List Price: 0.94805
  • Price per Sq Ft: 359.96
  • Close to Original List Price Ratio: 0.92405
  • Ratio: Current Price\Building Area Total: 326.48
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Thermostat
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 5310
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods
  • Water Body Name: Sarasota Bay/Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 200
  • Additional Water Information: This is a Beach to Bay community. There is a day dock on the bay and deeded beach access to the Gulf with community loungers, chairs and shower.
  • Water Frontage Feet Bay Harbor: 100
  • Water Frontage Feet Beach Prvt: 100
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Other
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Boat Dock, Laundry, Maintenance, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Sandy Ellis
  • Phone: 866-870-6596
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 979
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 979
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 11748
  • Total Monthly Fees: 979

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R4MX
  • Parcel Number: 7993710659
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Sidewalk
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: Pets allowed for owners only.
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 5223.52
  • Tax Book Number: 1-287
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Mar 12, 2021
Sold by
Pienkos Daria
Bought by
Hueber Gary P and Hueber Colleen M
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Current Estimated Value
$586,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,760
Avg. Annual Appreciation
10.97%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Pienkos Daria and Brown Jason
Bought by
Pienkos Daria

Purchase Details

Listed on
Oct 25, 2011
Closed on
Mar 17, 2012
Sold by
Peterson Agnes K
Bought by
Pienkos Daria and Brown Dr Jason
Seller's Agent
Dennis Girard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Joe Jones
COLDWELL BANKER SARASOTA CENT.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$200,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2010
Sold by
Superior Bank
Bought by
Peterson Agnes K

Purchase Details

Closed on
Jul 14, 2005
Sold by
Beach Castle Resort Llc
Bought by
Oakland Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,191
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Mccalls Beach Castle Bayside Ltd
Bought by
Beach Castle Resort Llc
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
Hueber Gary P $365,000 Properties Title Llc
Pienkos Daria -- Attorney
Pienkos Daria $235,000 Attorney
Peterson Agnes K $180,000 Attorney
Oakland Partners Llc $440,300 --
Beach Castle Resort Llc $2,924,000 Florida Regional Title Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pienkos Daria $200,000
Previous Owner Oakland Partners Llc $330,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $365,000 -5.2% $360 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $385,000 0.0% $380 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $385,000 -2.5% $380 / Sq Ft
08/18/2020 08/18/20 For Sale $395,000 +68.1% $390 / Sq Ft
03/26/2012 03/26/12 Sold $235,000 0.0% $232 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $235,000 -- $232 / 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 $7,684 $514,250 -- $514,250
2023 $7,006 $442,000 $0 $442,000
2022 $6,579 $409,500 $0 $409,500
2021 $5,049 $310,000 $0 $310,000
2020 $5,224 $305,000 $0 $305,000
2019 $5,393 $305,000 $0 $305,000
2018 $5,392 $300,000 $0 $0
2017 $5,220 $315,000 $0 $0
2016 $4,835 $280,700 $0 $0
2015 $3,980 $267,350 $0 $0
2014 $3,980 $234,501 $0 $0
2013 $3,398 $203,620 $1 $203,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4475639

Stellar MLS

APN: 79937-1065-9