NOT LISTED FOR SALE

5310 Gulf of Mexico Dr Unit 24 Longboat Key, FL 34228

Estimated Value: $406,181 - $591,000

1 Bed
1 Bath
711 Sq Ft
$520/mo HOA Fee

Last Sold February 27, 2015

Last sale price $280,000 $394 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,863/month

180 Days on Market

Highlights

  • Boat Dock
  • Water access To Gulf or Ocean To Bay
  • Property Fronts a Bay or Harbor
  • Anna Maria Elementary School Rated A-
  • Public Beach
  • Heated In Ground Pool

About This Home

As of February 2015

Own a Longboat Key condo to enjoy for your own vacations, and earn income during times you aren't there. Gross rental revenue 12/1/13-12/1/14 was $37,295. Beach Castle, a 21 unit beach-to-bay resort, is one of the few complexes on the island that is permitted to rent units on a short-term basis. On-site Manager is a plus, and RVA (or the Property Management of your choice) will help identify renters. The cheerful setting with sunshine yellow buildings and palm tree motif on the railings is set off by lush tropical landscaping. The unit has a charming cottage style decor, with sliders that push into the wall to incorporate the screened porch into the living room during the nice island weather. Tiled throughout in a neutral tone, with pops of color provided by artwork and fabric. Flat screen TVs in LR and BR. Fully equipped kitchen with large pass-through to dining room. BR includes both a queen and a single bed, with additional sleeping capability on the sleeper sofa in the LR. New AC 2014. Complex includes an inviting pool, hot tub, fishing pier/day dock, grills, and private beach access with complimentary chaises. Watch the sun rise over the bay or enjoy the sun set over the Gulf of Mexico. Conveniently located mid-island, a short walk from Centre Shops, where you'll find 3 popular restaurants, boutique shops, UPS, and cleaners.

Last Agent to Sell the Property

Tammy Garner

COLDWELL BANKER REALTY License #0604873 Listed on: 07/31/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Kim Klee

COLDWELL BANKER REALTY License #3142970

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Public Beach
  • North Facing Home
  • Landscaped with Trees

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 711 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Sliding Doors
  • Great Room
  • Storage Room
  • Ceramic Tile Flooring
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean To Bay
  • First Come-First Served Dock
  • Balcony
  • Enclosed patio or porch

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, insurance, maintenance structure, ground maintenance, maintenance, sewer, trash, water
  • 21 Units
  • Mccalls Beach Castle Condo Subdivision

Recreation

  • Boat Dock
  • 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

$3,392

Year Built

Built in 1973

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 711
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 831
  • Lot Size Sq Ft: 313
  • Directions to Property: Gulf of Mexico Drive to Beach Castle.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046751
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 393.81
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 0
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5310
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Storage Rooms
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Public,Gulf/Ocean to Bay
  • Water Extras: Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Water Access
  • Association Amenities: Dock, Laundry, Spa/Hot Tub
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Owner only
  • Association Fee Requirement: None
  • Building Name Number: 24
  • Condo Fees: 520
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 520
  • Pet Size: Small (16-35 Lbs.)

Lot Info

  • Zoning: R4MX
  • Parcel Number: 7993711109
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No, Yes

Multi Family

  • Number Of Units Total: 21
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Annual Amount: 3392
  • Tax Book Number: 0033/0136
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Feb 27, 2015
Sold by
Adrian Linda L
Bought by
Dilallo Philip M and Dilallo Mary D
Seller's Agent
Tammy Garner
COLDWELL BANKER REALTY
Buyer's Agent
Kim Klee
COLDWELL BANKER REALTY
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$524,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,292
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Dec 24, 2012
Closed on
May 3, 2013
Sold by
Arthur Edward Llc
Bought by
Adrian Linda L
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$244,500
Sold Price
$230,000
Premium/Discount to List
-$14,500
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Brown Arthur I and Freedgood Edward
Bought by
Arthur Edward Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Beach Castle Resort Llc
Bought by
Brown Arthur I and Freedgood Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Dilallo Philip M $280,000 Attorney
Adrian Linda L $230,000 Attorney
Arthur Edward Llc -- --
Brown Arthur I $344,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Arthur I $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $280,000 -- --
02/27/2015 02/27/15 Sold $280,000 -6.6% $394 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
07/31/2014 07/31/14 For Sale $299,900 +30.4% $422 / Sq Ft
05/06/2013 05/06/13 Sold $230,000 -5.9% $323 / Sq Ft
12/24/2012 12/24/12 For Sale $244,500 -- $344 / 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 $5,658 $425,000 -- $425,000
2023 $5,130 $365,500 $0 $365,500
2022 $4,775 $341,250 $0 $341,250
2021 $4,028 $260,000 $0 $260,000
2020 $4,152 $255,000 $0 $255,000
2019 $4,294 $255,000 $0 $255,000
2018 $4,280 $250,000 $0 $0
2017 $4,221 $258,500 $0 $0
2016 $3,914 $233,000 $0 $0
2015 $3,392 $221,975 $0 $0
2014 $3,392 $194,716 $0 $0
2013 $2,644 $162,287 $1 $162,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4102774

Stellar MLS

APN: 79937-1110-9