NOT LISTED FOR SALE

5851 Gulf of Mexico Dr Unit 10 Longboat Key, FL 34228

Estimated Value: $316,845 - $478,000

1 Bed
1 Bath
684 Sq Ft
$749/mo HOA Fee

Last Sold June 28, 2012

Last sale price $122,000 $178 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,212/month

392 Days on Market

Highlights

  • Boat Ramp
  • Deeded access to the beach
  • 1.41 Acre Lot
  • Anna Maria Elementary School Rated A-
  • Lagoon View
  • End Unit

About This Home

As of June 2012

Short Sale. Sale price may be insufficient to pay the total of all liens and costs of sale and the owner(s) of record may not be able to bring sufficient liquid assets to the closing to cure all deficiencies. This unit is very light and bright!The unit faces East and West to let in the light! Fully furnished with bright blues and whites! Open plan, separate bedroom, living room, breakfast bar, dining area, patio in front with table and chairs, patio on the water also with table and chairs! Allthe comforts of home! towels, dishes, linens and more! Across the street from one of the most beautiful beaches in the world. VACATION IT UP ON LONGBOAT, KEY GROUND FLOOR......NEW AC IN MARCH

Last Agent to Sell the Property

Bobbi Smith

PREFERRED SHORE LLC Brokerage Phone: 941-497-6060 License #3209787 Listed on: 03/09/2011

PREFERRED SHORE LLC

Last Buyer's Agent

Robert Snyder

TROPICAL SARASAOTA REALTY License #3215731

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $749 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Ceramic Tile Flooring
  • Lagoon Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded access to the beach
  • Access To Lagoon or Estuary

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, maintenance structure, ground maintenance, trash
  • Cabana Beach Club Condominium Community
  • Cabana Beach Club Condo Subdivision

Recreation

  • Boat Ramp
  • Community Pool

Pet Policy

  • No Pets Allowed
  • 0 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,520

Year Built

Built in 1971

Lot Details

0

HOA Fees

$749 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 684
  • Lot Size Acres: 1.41
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 716
  • Lot Size Sq Ft: 61226
  • Directions to Property: Gulf of Mexico Drive, North from St. Armonds, 5850 on right. listing address is 5851, however the unit is located at 5850. it is across the street,
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046304
  • Number Of Pets: 0
  • RATIO Current Price By Calculate: 178.36
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp
  • Attribution Contact: 941-497-6060
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5851
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 63.55
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shake
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water Access: Beach - Access Deeded,Lagoon
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, None

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 749
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required
  • Building Name Number: 1

Fee Information

  • Total Annual Fees: 8988.00
  • Total Monthly Fees: 749.00

Lot Info

  • Zoning: R3SF
  • Parcel Number: 8005501459
  • Additional Parcels: No
  • Lot Features: Paved, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2012-06-28T00:00:00.000

Tax Info

  • Tax Annual Amount: 2520
  • Tax Book Number: 0032/0062
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Bought by
Lb Key Llc
Current Estimated Value
$384,211

Purchase Details

Listed on
Mar 9, 2011
Closed on
Jun 25, 2012
Sold by
Wrede Jeffrey B and Wutzke Linda D
Bought by
Kelly Dennis F and Kelly Carole A
Seller's Agent
Bobbi Smith
PREFERRED SHORE LLC
Buyer's Agent
Robert Snyder
TROPICAL SARASAOTA REALTY
List Price
$122,000
Sold Price
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Whitstar Corp
Bought by
Wrede Jeffrey B and Wutzke Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Lb Key Llc $210,000 --
Kelly Dennis F $122,000 Attorney
Wrede Jeffrey B $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wrede Jeffrey B $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $122,000 0.0% $178 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/08/2011 03/08/11 For Sale $122,000 -- $178 / 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 $5,423 $113,883 -- $113,883
2024 $5,423 $365,500 -- $365,500
2023 $5,246 $361,250 $0 $361,250
2022 $4,889 $336,000 $0 $336,000
2021 $4,139 $255,000 $0 $255,000
2020 $4,186 $245,000 $0 $245,000
2019 $4,323 $245,000 $0 $245,000
2018 $4,220 $235,000 $0 $0
2017 $3,900 $225,650 $0 $0
2016 $3,698 $225,650 $0 $0
2015 $2,936 $230,660 $0 $0
2014 $2,936 $177,001 $0 $0
2013 $2,462 $147,551 $1 $147,550
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bobbi Smith

    PREFERRED SHORE LLC

    (941) 879-3540

    15 Total Sales

    Bobbi Smith
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Snyder

    TROPICAL SARASAOTA REALTY

    (941) 706-5835

    Robert Snyder
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3940559

Stellar MLS

APN: 80055-0145-9

Florida Manatee County Longboat Key 34228

5851 Gulf of Mexico Dr Unit 10, Longboat Key, FL

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.

Stellar MLS 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

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