NOT LISTED FOR SALE

5481 Gulf of Mexico Dr Unit 207 Longboat Key, FL 34228

Estimated Value: $834,000 - $1,183,000

2 Beds
2 Baths
1,516 Sq Ft
$1,233/mo HOA Fee

Last Sold August 26, 2019

Last sale price $755,000 $498 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,711/month

89 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach Access
  • Full Gulf or Ocean Views
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • Custom Home

About This Home

As of August 2019

Breathtaking direct Gulf, beach and sunset views in serene surroundings from this nicely remodeled 2 bedroom plus den residence can be yours. Impeccably maintained and decorated in soothing seaside colors, this inviting home makes the perfect island retreat. New impact resistant sliders and windows plus electronic shutters along with the 2nd floor location offer complete peace of mind. Beautiful wood floors carry on the nature-inspired décor throughout the living area including the den, which is currently used as an office. Light wood cabinetry and stainless-steel appliances highlight the kitchen, which overlooks the dining & living room as well as the large Gulf front terrace, where grilling is one of the many pleasures. Enjoy the sound of the surf right from your master suite or take a stroll down the private board walk to welcome a new sun & fun filled day or take in magnificent sunsets with your favorite cocktail in hand and your toes in the sand. Longboat Cove is a pet-friendly beachside community with only 26 residences, mainly owner occupied. Amenities include secured under building parking & lobby, private storage units, tennis, heated swimming pool, beachside cabana with grill, an on-site manager. Located adjacent to fine dining & entertainment and a 32-acre coastal hammock forest with scenic walking trails along Sarasota Bay. Take a short walk or bike ride to nearby restaurants, shops & education center or a leisurely drive to Sarasota’s great variety of cultural offerings.

Last Agent to Sell the Property

Tina Rudek Stark, PA

ROSEBAY INTERNATIONAL REALTY, INC License #0644077 Listed on: 03/01/2019

ROSEBAY INTERNATIONAL REALTY, INC

Last Buyer's Agent

Maureen Horn

MICHAEL SAUNDERS & COMPANY License #3102504

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,522

Year Built

  • Built in 1980

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Condo Land Included

HOA Fees

  • $1,233 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,516 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • 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, recreational facilities, sewer, trash, water
  • Longboat Cove Eva Association, Phone Number (941) 383-7006
  • Longboat Cove Community
  • Longboat Cove Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,522

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,233 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1516
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1516
  • Directions to Property: Take Gulf of Mexico Drive to 5400 block and turn west at yellow blinking light into Longboat Cove. Building 5481 is on the right and guest parking is out front.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428993&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428993&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95691
  • Price per Sq Ft: 498.02
  • Close to Original List Price Ratio: 0.85893
  • Ratio: Current Price\Building Area Total: 498.02
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Shutters
  • Street Number Modifier: 5481
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 1200
  • Water Frontage Feet Beach Pub: 400
  • Water Frontage Feet Beach Prvt: 400
  • Water Frontage Feet Gulf Ocean: 400
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Longboat Cove - Eva
  • Phone: 941-383-7006
  • Association: No
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3700
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1233
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14800
  • Total Monthly Fees: 1233.33

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7990300407
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Contact management
  • Num Timesper Year: 1
  • Pet Restrictions: 1 small pet up to 35 lbs max
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 3 months minimum, 1 time per year

Tax Info

  • Tax Annual Amount: 11522
  • Tax Book Number: 1018-3046
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Aug 26, 2019
Sold by
Mishkin Kathleen A and Mishkin Revocable T Kathleen A
Bought by
Gutierrez Edward J and Gutierrez Robin A
Seller's Agent
Tina Rudek Stark, PA
ROSEBAY INTERNATIONAL REALTY, INC
Buyer's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
List Price
$879,000
Sold Price
$755,000
Premium/Discount to List
-$124,000
-14.11%
Current Estimated Value
$1,048,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,315
Avg. Annual Appreciation
5.45%
Original Mortgage
$484,000
Outstanding Balance
$321,799
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$726,516

Purchase Details

Closed on
Dec 30, 2017
Sold by
Mishkin Eric Marc and Mishkin Kathleen
Bought by
Mishkin Kathleen A and The Kathleen A Mishkin Revocab

Purchase Details

Closed on
Apr 3, 2012
Sold by
Mishkin Eric Marc and Mishkin Kathleen
Bought by
Mishkin Eric Marc and Mishkin Kathleen

Purchase Details

Closed on
Mar 7, 2012
Sold by
Mishkin Eric Marc and Mishkin Daniel Jed
Bought by
Mishkin Eric Marc

Purchase Details

Closed on
Apr 12, 2010
Sold by
Mishkin Elaine
Bought by
Mishkin Elaine and Mishkin Eric Marc
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
Gutierrez Edward J $755,000 Attorney
Mishkin Kathleen A -- Attorney
Mishkin Eric Marc -- Attorney
Mishkin Eric Marc -- Attorney
Mishkin Eric Marc -- Attorney
Mishkin Elaine -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Edward J $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $755,000 -4.3% $498 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $789,000 -1.0% $520 / Sq Ft
03/18/2019 03/18/19 Price Changed $797,000 -9.3% $526 / Sq Ft
03/01/2019 03/01/19 For Sale $879,000 -- $580 / 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 $11,886 $786,250 -- $786,250
2024 $11,886 $813,180 -- --
2023 $11,821 $789,495 $0 $0
2022 $11,324 $766,500 $0 $766,500
2021 $10,871 $675,000 $0 $675,000
2020 $11,469 $675,000 $0 $675,000
2019 $11,930 $715,000 $0 $715,000
2018 $11,522 $690,000 $0 $0
2017 $9,747 $581,500 $0 $0
2016 $9,776 $570,000 $0 $0
2015 $8,667 $553,500 $0 $0
2014 $8,667 $503,101 $0 $0
2013 $7,483 $448,422 $1 $448,421
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tina Rudek Stark, PA

    ROSEBAY INTERNATIONAL REALTY, INC

    (941) 920-0303

    22 in this area

    26 Total Sales

    Tina Rudek Stark, PA
    Section Image
  • Maureen Horn

    Buyer's Agent in 2019

    Maureen Horn

    Michael Saunders

    (941) 539-3384

    34 in this area

    66 Total Sales

    Maureen Horn
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4428993

Stellar MLS

APN: 79903-0040-7

Florida Manatee County Longboat Key 34228

5481 Gulf of Mexico Dr Unit 207, Longboat Key, FL

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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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