NOT LISTED FOR SALE

5601 Gulf of Mexico Dr Unit 4 Longboat Key, FL 34228

Estimated Value: $483,000 - $885,000

2 Beds
2 Baths
975 Sq Ft
$335/mo HOA Fee

Last Sold April 27, 2012

Last sale price $275,000 $282 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,765/month

620 Days on Market

Highlights

  • Beach Front
  • Water Access
  • End Unit
  • Anna Maria Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to Joan M. Durante Community Park

About This Home

As of April 2012

Short sale. Beach view/front fantastic sunsets from your own private paradise, overlooking miles of glorious soft white sandy beach. Imagine relaxing on your lanai and listening to the wonderful soothing ocean sounds.Living on the most pristine and natural part of the island is no longer impossible. Minutes from fine dining and entertainment at St. Armand's Circle, experience the awesome lifestyle that Longboat Key has to offer. Back on the marked

Last Agent to Sell the Property

Ana Fox

DALTON WADE INC License #3142919 Listed on: 05/07/2010

DALTON WADE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • End Unit
  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $335 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Entry on the 1st floor
  • Block Exterior

Interior Spaces

  • 975 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room

Kitchen

  • Convection Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Water Access
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • 8 Units
  • Sea Oats Condos
  • Sunset Estates Community
  • 5601 Gulf Of Mexico Drive Apts Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,015

Year Built

Built in 1975

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 975
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1060
  • Directions to Property: Gulf of Mexico Dr to 5601 Unit 4
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047142
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 282.05
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Range, Range Hood, Refrigerator
  • Total Bedrooms: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5601
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 90.58
  • Room Count: 5

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Lighting, Sliding Doors, Storage
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1

Garage/Parking

  • Parking Features: Guest, Open

Utilities

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

Condo/Co-op/Association

  • Community Features: Waterfront Complex
  • Association Amenities: Laundry, Maintenance, Storage
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Complex Community Name Nccb: SEA OATS
  • Association Fee Requirement: Required
  • Building Name Number: Sea Oats

Fee Information

  • Total Annual Fees: 4020.00
  • Total Monthly Fees: 335.00

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7983700258
  • Additional Parcels: No
  • Lot Features: Other, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0400

Rental Info

  • Pets Allowed: No
  • Expected Lease Date: 2012-04-27T00:00:00.000

Multi Family

  • Number Of Units Total: 8
  • Waterfront Features: Beach Front, Gulf/Ocean

Tax Info

  • Tax Annual Amount: 5015
  • Tax Book Number: 0006/0031
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2015
Sold by
Bers Andrew M
Bought by
Wilker Christopher J
Current Estimated Value
$697,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$282,013
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$415,525

Purchase Details

Listed on
May 7, 2010
Closed on
Apr 27, 2012
Sold by
Santacroce Leo and The Leo Santacroce Revocable T
Bought by
Bers Andrew M
Seller's Agent
Ana Fox
DALTON WADE INC
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Sharp Shelley V
Bought by
Santacroce Leo and Leo Santacroce Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Eisch T J and Eisch Thelma E
Bought by
Sharp Shelley V
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
Wilker Christopher J $510,000 Msc Title Inc
Bers Andrew M $275,000 Attorney
Santacroce Leo $675,000 None Available
Sharp Shelley V $550,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilker Christopher J $357,000
Previous Owner Santacroce Leo $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $275,000 0.0% $282 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
05/07/2010 05/07/10 For Sale $275,000 -- $282 / 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 $9,262 $177,727 -- $177,727
2024 $9,262 $573,750 -- $573,750
2023 $9,105 $573,750 $0 $573,750
2022 $8,510 $535,500 $0 $535,500
2021 $7,513 $440,000 $0 $440,000
2020 $7,666 $425,000 $0 $425,000
2019 $8,696 $490,000 $0 $490,000
2018 $8,403 $465,000 $0 $0
2017 $7,477 $442,500 $0 $0
2016 $7,007 $404,400 $0 $0
2015 $4,736 $345,700 $0 $0
2014 $4,736 $271,834 $0 $0
2013 $4,628 $277,381 $1 $277,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3925813

Stellar MLS

APN: 79837-0025-8