NOT LISTED FOR SALE

5555 Gulf of Mexico Dr Unit 101 Longboat Key, FL 34228

Estimated Value: $1,402,000 - $1,721,000

3 Beds
3 Baths
1,828 Sq Ft
$950/mo HOA Fee

Last Sold May 01, 2014

Last sale price $895,000 $490 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,728/month

4 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • 2.15 Acre Lot
  • Anna Maria Elementary School Rated A-
  • Saltwater Pool
  • 4-minute walk to Joan M. Durante Community Park

About This Home

As of May 2014

Fabulous direct Gulf views from every room. Very rare three bedroom, three bath with high ceilings, new windows and electric storm shutters. Whole complex completely redone in last three years. Pool and tennis, small complex.

Last Agent to Sell the Property

Mark Huber

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-2500 License #0392406 Listed on: 02/05/2014

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Erin Mcwhorter

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-383-2500 License #3322699

Last Buyer's Agent

Tina Rudek Stark, PA

ROSEBAY INTERNATIONAL REALTY, INC License #0644077

ROSEBAY INTERNATIONAL REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,028

Year Built

  • Built in 1980

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $950 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Rods
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Storage Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • 3-Month Minimum Lease Term
  • Tax Lot 303
  • Assessor Parcel Number 7984900600

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Tides Of Longboat Condo Community
  • Tides Of Longboat Condo Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,028

Year Built

Built in 1980

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1828
  • Lot Size Acres: 2.15
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2056
  • Lot Size Sq Ft: 93824
  • Directions to Property: Gulf of Mexico Dr. to 5555, Tides of Longboat Key
  • Status: Sold
  • Co List Office Mls Id: MFR281521124
  • Co List Office Phone: 941-383-2500
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 4
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 489.61
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: Elevated,End Unit,Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-2500
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Rods, Thermal Windows, Window Treatments
  • Street Number Modifier: 5555
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 169.83
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: Heated, Salt Water
  • Exterior Features: Sliding Doors, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: TIDES OF LONGBOAT KEY
  • Condo Fees: 2850
  • Monthly Condo Fee Amount: 950

Fee Information

  • Total Annual Fees: 11400.00
  • Total Monthly Fees: 950.00

Schools

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

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7984900600
  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Public Transit
  • Flood Zone Code: AE,VE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0400

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2014-05-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 10028
  • Tax Book Number: 0010/0158
  • Tax Lot: 303

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
May 1, 2014
Sold by
Thomas William G and Thomas Suzanne F
Bought by
Hantz John R and John R Hantz Trust
Seller's Agent
Mark Huber
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tina Rudek Stark, PA
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$945,000
Sold Price
$895,000
Premium/Discount to List
-$50,000
-5.29%
Current Estimated Value
$1,533,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,887
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
May 15, 2001
Sold by
Steyer Margo K
Bought by
Thomas William G and Thomas Suzanne F
Source: Public Records

Range of Values:

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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
Hantz John R $895,000 None Available
Thomas William G $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $895,000 -5.3% $490 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $945,000 -- $517 / 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 $20,790 $1,241,000 -- $1,241,000
2024 $20,790 $1,394,000 -- $1,394,000
2023 $19,604 $1,300,500 $0 $1,300,500
2022 $18,217 $1,207,500 $0 $1,207,500
2021 $16,025 $995,000 $0 $995,000
2020 $16,907 $995,000 $0 $995,000
2019 $19,197 $1,140,000 $0 $1,140,000
2018 $18,662 $1,090,000 $0 $0
2017 $17,906 $1,131,000 $0 $0
2016 $16,448 $996,300 $0 $0
2015 $10,889 $879,250 $0 $0
2014 $10,889 $625,001 $0 $0
2013 $10,028 $600,970 $1 $600,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3992278

Stellar MLS

APN: 79849-0060-0