M
Seller's Agent in 2020
Michael Granston
5841 Gulf of Mexico Dr Unit 257 Longboat Key, FL 34228
Estimated Value: $419,000 - $722,000
2
Beds
2
Baths
760
Sq Ft
$745/mo
HOA Fee
Highlights
- Waterfront Community
- Water Access
- Balcony
- Anna Maria Elementary School Rated A-
- Community Pool
- Ceramic Tile Flooring
About This Home
As of January 2020This is a wonderful investment opportunity to own a 2 bed 2 bath condo at a Gulf front community which can actually be rented overnight. 2016 grossed $65438 ,2017 grossed $58813,2018 grossed $59728 and 2019 up to June grossed $35509. Full financial statements available on request. This condo is offered totally turnkey and ready for your first paying guest either thru RVA management or managed by yourself. Maybe some of the time you and your family want to stay here and rent it out other times. Fantastic views of the Gulf! This particular unit is ideal because besides being a 2/2 it can also be used and rented as two one bed/one bath units. The current owner has made sure that everything has been kept in top condition and appliances replace as needed.
The complex offers a Gulfside heated pool, beach chairs and umbrellas, WiFi in the units and on the grounds, a mini-putt course, shuffleboard, and poolside grills. RVA management are extremely efficient but it is not compulsory to use them.
Last Agent to Sell the Property
Michael Granston
License #0597142 Listed on: 09/01/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,340
Year Built
- Built in 1972
Lot Details
- South Facing Home
HOA Fees
- $745 Monthly HOA Fees
Home Design
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 760 Sq Ft Home
- 2-Story Property
- Window Treatments
- Ceramic Tile Flooring
Kitchen
- Built-In Oven
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Access
- Balcony
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 8005201759
Community Details
Overview
- Association fees include cable TV, community pool, ground maintenance, manager
- Silver Sands A Condo Subdivision
Recreation
- Waterfront Community
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 19, 2024
Sold by
Schnaufer Joseph and Schnaufer Laura
Bought by
Joseph M Schnaufer Living Trust and Schnaufer
Current Estimated Value
Purchase Details
Listed on
Sep 1, 2019
Closed on
Jan 17, 2020
Sold by
Needham James and Needham Shelagh
Bought by
Schnaufer Joseph and Schnaufer Laura
Seller's Agent
Michael Granston
Buyer's Agent
Cindy Quinn
SATO REAL ESTATE INC.
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Purchase Details
Listed on
Apr 19, 2013
Closed on
Oct 11, 2013
Sold by
Fl Silver Sands Llc
Bought by
Needham James and Needham Shelagh
Seller's Agent
Erin Reid
PREFERRED SHORE LLC
Buyer's Agent
Michael Granston
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Purchase Details
Closed on
Oct 29, 2010
Sold by
Superior Bank
Bought by
Fl Silver Sands Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.12%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joseph M Schnaufer Living Trust | $100 | None Listed On Document | |
| Schnaufer Joseph | $400,000 | Alliance Group Title Llc | |
| Needham James | $370,000 | Attorney | |
| Fl Silver Sands Llc | $275,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fl Silver Sands Llc | $206,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/21/2020 01/21/20 | Sold | $400,000 | -6.8% | $526 / Sq Ft | |
| 11/29/2019 11/29/19 | Pending | -- | -- | -- | |
| 09/01/2019 09/01/19 | For Sale | $429,000 | +15.9% | $564 / Sq Ft | |
| 10/15/2013 10/15/13 | Sold | $370,000 | -5.1% | $487 / Sq Ft | View Prior Sale |
| 10/08/2013 10/08/13 | Pending | -- | -- | -- | |
| 08/30/2013 08/30/13 | For Sale | $389,900 | 0.0% | $513 / Sq Ft | |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- | |
| 04/11/2013 04/11/13 | For Sale | $389,900 | -16.1% | $513 / Sq Ft | |
| 04/26/2012 04/26/12 | Sold | -- | -- | -- | View Prior Sale |
| 06/02/2011 06/02/11 | Off Market | $464,900 | -- | -- | |
| 12/07/2010 12/07/10 | For Sale | $464,900 | -- | $612 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $7,555 | $425,000 | -- | $425,000 |
| 2024 | $7,555 | $476,000 | -- | $476,000 |
| 2023 | $7,352 | $476,000 | $0 | $476,000 |
| 2022 | $6,446 | $378,000 | $0 | $378,000 |
| 2021 | $6,110 | $355,000 | $0 | $355,000 |
| 2020 | $6,441 | $355,000 | $0 | $355,000 |
| 2019 | $7,650 | $430,000 | $0 | $430,000 |
| 2018 | $7,340 | $405,000 | $0 | $0 |
| 2017 | $6,571 | $415,000 | $0 | $0 |
| 2016 | $6,136 | $377,600 | $0 | $0 |
| 2015 | $4,849 | $317,290 | $0 | $0 |
| 2014 | $4,849 | $278,330 | $0 | $0 |
| 2013 | $3,829 | $230,501 | $1 | $230,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cindy Quinn
Buyer's Agent in 2020
Cindy Quinn
SATO REAL ESTATE INC.
(941) 780-8000
2 in this area
165 Total Sales
-
Erin Reid
Seller's Agent in 2013
Erin Reid
PREFERRED SHORE LLC
(941) 356-0818
20 Total Sales
-
Brandy Coffey
Seller's Agent in 2012
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 284-4474
2 in this area
1,022 Total Sales
-
Ricardo Ruiz Del Vizo
Seller Co-Listing Agent in 2012
Ricardo Ruiz Del Vizo
PREFERRED SHORE LLC
(941) 402-6155
17 Total Sales
Map
Source: Stellar MLS
MLS Number: A4444626
APN: 80052-0175-9
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 5841 Gulf of Mexico Dr Unit 244
- 5919 Gulf of Mexico Dr
- 5910 Gulf of Mexico Dr
- 5920 Gulf of Mexico Dr
- 5924 Gulf of Mexico Dr
- 509 Spanish Dr N
- 5930 Gulf of Mexico Dr
- 564 Spanish Dr N
- 670 Old Compass Rd
- 620 Spanish Dr N
- 528 Forest Way
- 6001 Gulf of Mexico Dr
- 619 Cedars Ct
- 669 Spanish Dr N Unit 21
- 667 El Centro
- 721 Binnacle Point Dr
- 676 El Centro
- 658 Spanish Dr S Unit 108
- 721 Old Compass Rd
- 721 Emerald Harbor Dr
- 5841 Gulf of Mexico Dr Unit 257/2
- 5841 Gulf of Mexico Dr Unit 259
- 5841 Gulf of Mexico Dr Unit 239-2
- 5841 Gulf of Mexico Dr Unit 241-2
- 5841 Gulf of Mexico Dr Unit 258
- 5841 Gulf of Mexico Dr Unit 255
- 5841 Gulf of Mexico Dr Unit 238
- 5841 Gulf of Mexico Dr Unit 252
- 5841 Gulf of Mexico Dr Unit 240
- 5841 Gulf of Mexico Dr Unit 247
- 5841 Gulf of Mexico Dr Unit 234
- 5841 Gulf of Mexico Dr Unit 256
- 5841 Gulf of Mexico Dr Unit 235
- 5841 Gulf of Mexico Dr Unit 233
- 5841 Gulf of Mexico Dr Unit 251
- 5841 Gulf of Mexico Dr Unit 259
- 5841 Gulf of Mexico Dr Unit 241
- 5841 Gulf of Mexico Dr Unit 232
- 5841 Gulf of Mexico Dr Unit 250
- 5841 Gulf of Mexico Dr Unit 246