NOT LISTED FOR SALE

5611 Gulf of Mexico Dr Unit 2 Longboat Key, FL 34228

Estimated Value: $725,000 - $993,000

3 Beds
3 Baths
2,207 Sq Ft
$1,600/mo HOA Fee

Last Sold December 10, 2021

Last sale price $650,000 $295 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,149/month

144 Days on Market

Highlights

  • Waterfront Community
  • Private Beach
  • Heated In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Water Access
  • 5-minute walk to Joan M. Durante Community Park

About This Home

As of December 2021

A perfect Longboat Key find; large three bedroom, three bath on the Gulf side that has the size of a town house and great rental opportunities. Pet friendly too! This small intimate community has only eight (8) units which are afforded coded entry, private parking, heated pool & spa and scenic boardwalk over the dunes to the sandy beach & tranquil waters of the Gulf of Mexico. This oasis comes fully furnished including kitchenware, towels, TV’s and decorations. The unit has an open floorplan on the first level with the kitchen open to the living room, a family room that can serve as a 4th bedroom with full bath nearby, large dining area and beautiful galley kitchen. Upstairs (all levels can be accessed by an elevator), there are 3 spacious bedrooms including a master suite with king bed and spa-like bathroom. For guests, the second and third bedroom are equally as comfortable as the master bedroom. Washer/dryer inside condo is included. Being on the Gulf side of the Island, the beach is merely steps away. Rent when not in use. Its proximity to Longboat eateries (Harry's, Euphemia Haye to name a few) and 32 acre Durante Park/nature preserve as well as its short term rental policy add to the allure of Villas of Avignon. Store your kayak or bicycles in the private storage unit afforded each owner. New sliding glass doors to be installed later this year for both bedrooms. New roof installed 2021. The beautiful sunsets and beaches of Longboat Key await you.

Last Agent to Sell the Property

William Glade

WILLIAM GLADE LIC. REAL ESTATE BROKER License #3306222 Listed on: 06/21/2021

Last Buyer's Agent

Sara Peacock

EXP REALTY LLC License #3350633

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1985

Lot Details

  • Private Beach
  • West Facing Home

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Partial Bay or Harbor
  • Woods
  • Pool

Home Design

  • Shingle Roof
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,207 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Water Access
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • William Glade Association, Phone Number (941) 356-1054
  • Villas Of Avignon Condos
  • Avignon Villas Condominium Community
  • Avignon Villas Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,261

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,600 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2207
  • Lot Size Acres: 1.02
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 44460
  • Directions to Property: from south Longboat Key, go north on Gulf of Mexico Dr to 5600 block. Parking in visitor parking in front of building
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503673?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503673?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9299
  • Price per Sq Ft: 294.52
  • Close to Original List Price Ratio: 0.74286
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 5611
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Membrane, Shingle
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Waterfront: No
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291E
  • Additional Water Information: Unit is is Gulf side with partial Gulf view, Private beach for Association member owners
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Waterfront
  • Association Fee Frequency: Monthly
  • Association Name: William Glade
  • Phone: 9413561054
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1600
  • Condo Fees Term: Monthly
  • Association Email: piermanager1@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1600
  • Complex Community Name NCCB: VILLAS OF AVIGNON
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 19200
  • Total Monthly Fees: 1600

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7958200151
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 2 Weeks
  • Num Timesper Year: 26
  • Pet Restrictions: one pet, guest pets no allowed
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Condo application fee of $100 for each rental submitted to Association management along with application due before guest arrival

Tax Info

  • Tax Annual Amount: 8261
  • Tax Book Number: 1125-1536
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Mullins Lori N
Bought by
Mullins Lori N and Lori Nicole Mullins Revocable Trust
Current Estimated Value
$869,409

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 9, 2021
Sold by
Fanning Patrice H and Prues Molly F
Bought by
Mullins Lori N
Seller's Agent
William Glade
WILLIAM GLADE LIC. REAL ESTATE BROKER
Buyer's Agent
Sara Peacock
EXP REALTY LLC
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Jan 9, 2013
Sold by
Borman Walter C and Borman Kathryn M
Bought by
Zink Patrice F and Prues Molly F
Seller's Agent
Jennifer Meyer
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Julie Chambers
List Price
$439,000
Sold Price
$389,000
Premium/Discount to List
-$50,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$311,200
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Urban Development Corp Of America
Bought by
Borman Walter C and Borman Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Welch Ann M
Bought by
Mirman Ilene and Mccoy Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.53%

Purchase Details

Closed on
Feb 15, 1994
Sold by
Penniplede John A and Penniplede Maureen E
Bought by
Welch Martin E and Welch Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
7.04%
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
Mullins Lori N $100 None Listed On Document
Mullins Lori Nicole $100 None Listed On Document
Mullins Lori N $650,000 Feathersstone Ryan
Zink Patrice F $389,000 Attorney
Borman Walter C $622,500 --
Mirman Ilene $365,000 --
Welch Martin E $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zink Patrice F $311,200
Previous Owner Borman Walter C $498,000
Previous Owner Mirman Ilene $292,000
Previous Owner Welch Martin E $151,900
Closed Borman Walter C $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $650,000 -7.0% $295 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $699,000 0.0% $317 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $699,000 -4.2% $317 / Sq Ft
10/02/2021 10/02/21 Price Changed $730,000 -5.8% $331 / Sq Ft
08/08/2021 08/08/21 Price Changed $775,000 -3.0% $351 / Sq Ft
07/27/2021 07/27/21 Price Changed $799,000 -8.7% $362 / Sq Ft
06/21/2021 06/21/21 For Sale $875,000 +124.9% $396 / Sq Ft
01/11/2013 01/11/13 Sold $389,000 -11.4% $176 / Sq Ft View Prior Sale
11/22/2012 11/22/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $439,000 -- $199 / 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 $11,880 $241,570 -- $241,570
2024 $11,880 $782,000 -- $782,000
2023 $11,566 $782,000 $0 $782,000
2022 $9,919 $593,250 $0 $593,250
2021 $8,318 $490,000 $0 $490,000
2020 $8,261 $460,000 $0 $460,000
2019 $8,275 $465,000 $0 $465,000
2018 $8,403 $465,000 $0 $0
2017 $7,484 $442,900 $0 $0
2016 $7,303 $422,000 $0 $0
2015 $6,746 $387,200 $0 $0
2014 $6,746 $387,201 $0 $0
2013 $7,342 $440,001 $1 $440,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4503673

Stellar MLS

APN: 79582-0015-1