NOT LISTED FOR SALE

573 Sutton Place Longboat Key, FL 34228

Estimated Value: $406,000 - $590,000

2 Beds
2 Baths
1,248 Sq Ft
$1,050/mo HOA Fee

Last Sold July 29, 2022

Last sale price $535,000 $429 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,155/month

97 Days on Market

Highlights

  • Waterfront Community
  • Access To Marina
  • Fishing
  • Boat Ramp
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of July 2022

FEELS LIKE A SINGLE FAMILY HOME.
FINALLY, a Two-Bedroom Two-Bathroom CONDO with YOUR OWN GARAGE on Longboat Key...and at a sensible price. Our condo community at Sutton Place is a small, peaceful enclave off busy Gulf of Mexico Drive with TWO pristine heated POOLS, a MARINA with slips available at just $300 a year, and STORAGE for your KAYAK which you can launch into the BAY. Do you love the BEACH? From our DEEDED access the surf is gentle, the sand divinely fine, and the sunsets never fail to remind us just how good life can be. Our BEACH PAVILION offers showers, restrooms, and lockers for your gear. The complex is PET FRIENDLY and with a RENTAL POLICY that makes sense if you are looking for income. Within the generous square footage of the condo itself, find TWO LANAIS, your own LAUNDRY, and an arrangement of rooms that are flexible since the second bedroom, now used as a den, can be easily returned to private bedroom status. FULLY FURNISHED with two sofa beds, a king bed in the Primary Bedroom, expensive TOTO WASHLET BIDETS in each bathroom, a WALK-IN SHOWER, GRAB BARS for safety, and a re-glazed bathtub there is little more to ask for. Yet we've added CEILING FANS, an ECOSMART THERMOSTAT, and TILE floors throughout. So just pack a suitcase and move right in, maybe first drive to the nearby Publix, CVS, bank, or post office to change your address to PARADISE in SUTTON PLACE. Oh, yes, the HVAC system is only three years old, the HOA includes basic cable, grounds and exterior care of the building (and soon, the flight of stairs, railings and all, will be replaced by the HOA which also covers the roof and exterior painting). Sure, inside a little TLC might be called for, but the listing price reflects that. Now, just PARK THE CAR in your garage to keep it clean and cool, and begin life anew. Bayfront Park next door great place to walk the dog. Easy to show. Or we are happy to do a FaceTime walkthrough.
--

Last Agent to Sell the Property

Zee McGaha

COLDWELL BANKER REALTY License #3283442 Listed on: 03/23/2022

COLDWELL BANKER REALTY

Co-Listed By

Karen Wantuck

COLDWELL BANKER REALTY License #3147446

COLDWELL BANKER REALTY

Last Buyer's Agent

Karen Wantuck

COLDWELL BANKER REALTY License #3147446

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Ground Level Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Kitchen

Outdoor Features

  • Heated In Ground Pool
  • Access To Marina
  • Deeded access to the beach
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, trash
  • Neil Fleet Association
  • Sutton Place Condo Community
  • Sutton Place Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Waterfront Community
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,427

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,050 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1248
  • New Construction: No
  • Year Built: 1972
  • Accessibility Features: Accessible Kitchen, Central Living Area
  • Building Area Total: 1608
  • Lot Size Sq Ft: 1608
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529073?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529073?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.99074
  • Price per Sq Ft: 428.69
  • Close to Original List Price Ratio: 0.71812
  • Ratio: Current Price\Building Area Total: 332.71
  • View: No
  • Co List Office Mls Id: 281502055
  • Co List Office Phone: 941-388-3966
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Lighting, Outdoor Grill
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Water Access: Beach - Access Deeded, Marina
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Additional Water Information: Slips by availability at $300 annual cost. Kayak storage $150.00 (can hold 2) Motorized kayak lift-Fob $75.00 or loaner fob.
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level, Oversized
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Community Boat Ramp, Deed Restrictions, Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Cable TV, Maintenance, Pool
  • Association Name: Neil Fleet
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1050
  • Condo Fees Term: Monthly
  • Association Email: nfleet@amiwra.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1050
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12600
  • Total Monthly Fees: 1050

Schools

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

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8027413155
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Per Association Guidelines
  • Num Timesper Year: 2
  • Pet Restrictions: Per Association Guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Association Guidelines

Tax Info

  • Tax Annual Amount: 4427.15
  • Tax Book Number: 1480-7817
  • Tax Lot: TU23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jul 28, 2022
Sold by
Joan Rachlin
Bought by
Orlando Nicola and Orlando Diane M
Seller's Agent
Zee McGaha
COLDWELL BANKER REALTY
Buyer's Agent
Karen Wantuck
COLDWELL BANKER REALTY
List Price
$745,000
Sold Price
$535,000
Premium/Discount to List
-$210,000
-28.19%
Current Estimated Value
$491,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,862
Avg. Annual Appreciation
-2.48%
Original Mortgage
$481,500
Outstanding Balance
$461,308
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$29,830

Purchase Details

Closed on
Jul 25, 2008
Sold by
Tafflin Ernest E
Bought by
Rachlin Joan

Purchase Details

Closed on
May 6, 1996
Sold by
Hamelin Thomas A and Hamelin Margaret Coakley
Bought by
Tafflin Ernest E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orlando Nicola $535,000 None Listed On Document
Rachlin Joan $250,000 Attorney
Tafflin Ernest E $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Nicola $481,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $535,000 -0.9% $429 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $540,000 -1.8% $433 / Sq Ft
05/19/2022 05/19/22 Price Changed $550,000 -8.3% $441 / Sq Ft
04/26/2022 04/26/22 Price Changed $599,900 -11.1% $481 / Sq Ft
04/11/2022 04/11/22 Price Changed $675,000 -8.2% $541 / Sq Ft
04/01/2022 04/01/22 Price Changed $735,000 -1.3% $589 / Sq Ft
03/23/2022 03/23/22 For Sale $745,000 -- $597 / 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 $6,293 $139,825 -- $139,825
2024 $6,293 $433,500 -- $433,500
2023 $6,821 $459,000 $0 $459,000
2022 $5,157 $336,000 $0 $336,000
2021 $4,427 $260,000 $0 $260,000
2020 $4,487 $250,000 $0 $250,000
2019 $4,385 $250,000 $0 $250,000
2018 $3,982 $215,000 $0 $0
2017 $3,967 $237,600 $0 $0
2016 $3,732 $218,000 $0 $0
2015 $3,456 $218,000 $0 $0
2014 $3,456 $205,901 $0 $0
2013 $3,597 $245,191 $1 $245,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4529073

Stellar MLS

APN: 80274-1315-5