NOT LISTED FOR SALE

5310 Gulf of Mexico Dr Unit 16 Longboat Key, FL 34228

Estimated Value: $624,740 - $657,000

2 Beds
2 Baths
1,014 Sq Ft
$956/mo HOA Fee

Last Sold May 28, 2018

Last sale price $359,000 $354 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,121/month

52 Days on Market

Highlights

  • 240 Feet of Waterfront
  • Boat Dock
  • Heated Spa
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Fishing

About This Home

As of May 2018

Excellent opport. to purchase an Upgraded 2 bed/2 bath LBK condo for you to enjoy for your own vacations, and earn income during times you aren't there. Beach Castle, a 21unit beach-to-bay resort, is one of the few complexes on the island with short-term rental opportunities. Make money, cover ownership expense and use at your leisure all combined. 2017 gross income was 50,544 on 204 rental nights. Great opport. to own a rarely available true beach-to-bay condo with short term rental options.This rare nightly and weekly rental provides owner with the opportunity to generate excellent income as vacation rental unit. Centrally located mid-LBK and walking distance to nearby hotspots/community activities. Steps away from white sand and turquoise water. Minutes to St. Armands Cir and Beautiful Downtown Sarasota. Offered turnkey furnished. Fresh and updated furnishings. Upgraded kitchen with new cabinets/countertops/appliances.Resort offers a heated pool, hot tub, BBQ grills, complimentary internet access by pool, laundry facilities, fishing dock, shared boat docks(first-come, first served basis with 26' boat limit),a place to launch your kayak, tennis courts available(at neighboring property),bay access, private beach access with complimentary lounge chairs & umbrellas and lush landscape and manicured grounds. Don't let this opportunity pass. Start living your dream today with a place to get away from it all, walk on the white sandy beaches, relish in the FL sunshine AND own a profitable investment property.

Last Agent to Sell the Property

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650 Listed on: 02/01/2018

CENTURY 21 BEGGINS ENTERPRISES

Last Buyer's Agent

Miguel Rosa

WAGNER REALTY License #3381453

WAGNER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,325

Year Built

  • Built in 1973

Lot Details

  • 240 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $956 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Key West Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,014 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • Water Skiing Allowed
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • 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
  • 21 Units
  • Mccalls Beach Castle A Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,325

Year Built

Built in 1973

Lot Details

0

HOA Fees

$956 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
  • Architectural Style: Key West
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1014
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1118
  • Directions to Property: I-75 S to Exit 210. Head West on FL-780. Turn Left on US-41. Turn right on Gulf Stream. At St. Armands Circle take the 1st exit onto N Boulevard of the Presidents. Continue on John Ringling Pkwy. Continue on Gulf of Mexico Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208931&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208931&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9975
  • Price per Sq Ft: 354.04
  • Close to Original List Price Ratio: 0.9975
  • Ratio: Current Price\Building Area Total: 321.11
  • 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: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Microwave Hood, Range, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 5310
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Garden
  • Water Body Name: Sarasota Bay/Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor, Beach - Access Deeded, Gulf/Ocean, Gulf/Ocean to Bay
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Fishing Pier, Sailboat Water, Skiing Allowed
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 240
  • Additional Water Information: Lounge Chairs on the beach. Day Dock. Kayak Launch.
  • Water Frontage Feet Bay Harbor: 80
  • Water Frontage Feet Gulf Ocean: 80
  • Water Frontage Feet Ocean 2 Bay: 80
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • 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, Water Access, Waterfront Complex
  • Association Amenities: Boat Dock, Laundry, Maintenance, Spa/Hot Tub
  • Association Fee: 956
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11472
  • Monthly HOA Fee: 956
  • Total Monthly Fees: 956

Lot Info

  • Zoning: R4MX
  • Parcel Number: 7993710809
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk, Zero Lot Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1-7 Days
  • Approval Process: See Association
  • Pet Restrictions: See Association
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Association

Multi Family

  • Number Of Units Total: 21
  • Waterfront Features: Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay

Tax Info

  • Tax Annual Amount: 5325
  • Tax Book Number: 1-287
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Wilkins Timothy A and Wilkins Amber A
Bought by
Wilkins Timothy A and Wilkins Amber A
Current Estimated Value
$653,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Outstanding Balance
$185,924
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$481,118

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 25, 2018
Sold by
Christiansen Kim D and Christiansen Revocable L Kim D
Bought by
Wilkins Timothy A and Larkin Amber A
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Miguel Rosa
WAGNER REALTY
List Price
$359,900
Sold Price
$359,000
Premium/Discount to List
-$900
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$269,250
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2015
Sold by
B & H Investments Llc
Bought by
Christiansen Kim D and Christiansen Revocable L Kim D

Purchase Details

Closed on
Dec 29, 2008
Sold by
Bac Florida Bank
Bought by
B & H Investments Llc

Purchase Details

Closed on
May 26, 2008
Sold by
Scholda Gerhard
Bought by
Dac Florida Bank
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
Wilkins Timothy A -- Navy Federal Title
Wilkins Timothy A $359,000 Attorney
Christiansen Kim D $317,500 Attorney
B & H Investments Llc $250,000 Longboat Title Services Lc
Dac Florida Bank $359,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Timothy A $206,150
Closed Wilkins Timothy A $269,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2018 05/28/18 Sold $359,000 -0.3% $354 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $359,900 -- $355 / 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 $7,050 $514,250 -- $514,250
2023 $6,414 $442,000 $0 $442,000
2022 $5,259 $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 $5,325 $315,000 $0 $0
2016 $4,931 $280,700 $0 $0
2015 $3,882 $267,350 $0 $0
2014 $3,882 $234,501 $0 $0
2013 $3,317 $203,620 $1 $203,619
Source: Public Records

Agents Affiliated with this Home

  • Jesse Griffin

    Seller's Agent in 2018

    Jesse Griffin

    CENTURY 21 BEGGINS ENTERPRISES

    (941) 822-6165

    55 in this area

    80 Total Sales

    Section Image
  • Miguel Rosa

    Buyer's Agent in 2018

    Miguel Rosa

    WAGNER REALTY

    (941) 727-2800

    35 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4208931

Stellar MLS

APN: 79937-1080-9

Florida Manatee County Longboat Key 34228

5310 Gulf of Mexico Dr Unit 16, Longboat Key, FL

This home is located at 5310 Gulf of Mexico Dr Unit 16, Longboat Key, FL 34228 since 01 February 2018 and is currently estimated at $643,935, approximately $635 per square foot. This property was built in 1973. 5310 Gulf of Mexico Dr Unit 16 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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