NOT LISTED FOR SALE

5645 Gulf of Mexico Dr Unit 202 Longboat Key, FL 34228

Estimated Value: $594,000 - $965,000

2 Beds
2 Baths
1,346 Sq Ft
$1,083/mo HOA Fee

Last Sold March 13, 2014

Last sale price $550,000 $409 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,119/month

96 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Anna Maria Elementary School Rated A-
  • Heated Indoor Pool
  • Property is near public transit

About This Home

As of March 2014

Rarely available and perfectly located mid key directly on the Gulf of Mexico this 2 bedroom 2 bath condo has beautifully updated bathrooms and kitchen featuring granite and wood cabinets. This special treasure on Longboat Key is highlighted by magnificent sunsets, beautiful sandy beaches and panoramic vistas of the Gulf with easy access to the Centre Shops and several gourmet restaurants. Sold turnkey furnished with a few exceptions making this condo an ideal beach house for the weekend or seasonal getaway. This intimate pet friendly community consists of only six residences, a beach front pool and offers great rental possibilities.

Last Agent to Sell the Property

Sylvia Zimmerman

Brokerage Phone: 941-383-7591 License #0696093 Listed on: 10/29/2013

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

  • $6,745

Year Built

  • Built in 1985

Lot Details

  • Beach Front
  • Zero Lot Line

HOA Fees

  • $1,083 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,346 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Washer
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Pool

  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • 1-Month Minimum Lease Term
  • Tax Lot 202
  • Assessor Parcel Number 7938200305

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Sea Twig Condominium Community
  • Sea Twig Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,745

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1346
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1346
  • Lot Size Sq Ft: 313
  • Directions to Property: North on Gulf of Mexico to 5645 on gulf side of road.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 408.62
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-7591
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Window Treatments
  • Street Number Modifier: 5645
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 125.05
  • Room Count: 5

Exterior Features

  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Garage Door Opener, Guest, None

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Waterfront Complex
  • Association Amenities: Maintenance
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: 2 20 lb max
  • Association Fee Requirement: None
  • Building Name Number: 5645
  • Condo Fees: 3250
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 1083
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 13000.00
  • Total Monthly Fees: 1083.33

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7938200305
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit, Paved, Zero Lot Line
  • Flood Zone Code: AE,VE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-03-13T00:00:00.000

Tax Info

  • Tax Annual Amount: 6745
  • Tax Book Number: 0018/0045
  • Tax Lot: 202

Multi Family

  • Waterfront Features: Beach Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Giles Ann S and Anns Sea Twig Land Trust
Bought by
Khoury Jack Braddock and Khoury Wendy Arasely
Current Estimated Value
$798,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$453,618
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$344,720

Purchase Details

Closed on
May 5, 2016
Sold by
Helms Peter D and Helms Janice
Bought by
Giles Ann S and Ann S Sea Twig Land Trust

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 13, 2014
Sold by
Bayard Dennis J and Bayard Dorothy J
Bought by
Helms Peter D and Helms Janice
Seller's Agent
Sylvia Zimmerman
Buyer's Agent
Tina Rudek Stark, PA
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$645,500
Sold Price
$550,000
Premium/Discount to List
-$95,500
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Solent Inc
Bought by
Bayard Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.8%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Coastal Resorts Intl Inc
Bought by
Solent Inc
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
Khoury Jack Braddock $640,000 Attorney
Giles Ann S $565,000 Attorney
Helms Peter D $550,000 None Available
Bayard Dennis J $415,000 --
Solent Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Jack Braddock $510,000
Previous Owner Bayard Dennis J $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2014 03/13/14 Sold $550,000 -7.6% $409 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/04/2013 12/04/13 Price Changed $595,000 -7.8% $442 / Sq Ft
10/29/2013 10/29/13 For Sale $645,500 -- $480 / 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 $9,648 $544,000 -- $544,000
2024 $9,648 $612,000 -- $612,000
2023 $9,658 $612,000 $0 $612,000
2022 $8,379 $572,250 $0 $572,250
2021 $8,044 $485,000 $0 $485,000
2020 $7,804 $445,000 $0 $445,000
2019 $7,652 $440,000 $0 $440,000
2018 $8,888 $505,000 $0 $0
2017 $8,166 $482,792 $0 $0
2016 $7,975 $460,392 $0 $0
2015 $7,603 $448,992 $0 $0
2014 $7,603 $436,393 $0 $0
2013 $6,746 $404,272 $1 $404,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3986854

Stellar MLS

APN: 79382-0030-5