NOT LISTED FOR SALE

5851 Gulf of Mexico Dr Unit 11 Longboat Key, FL 34228

Estimated Value: $316,959 - $496,000

1 Bed
1 Bath
684 Sq Ft
$655/mo HOA Fee

Last Sold June 30, 2015

Last sale price $180,000 $263 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,154/month

420 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Custom Home
  • Anna Maria Elementary School Rated A-
  • Heated Pool
  • 1.41 Acre Lot

About This Home

As of June 2015

Direct canal-front one bedroom condominium, furnished, easy to show. Ideal as second home. Quiet location directly on a canal that connects to the open bay. Heated pool is on Gulf side of road. This development is gulf to canal, so deeded Gulf access is within development. Only 11 units in development. See what Longboat Key is all about.

Last Agent to Sell the Property

Dennis Girard

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-2500 License #3007451 Listed on: 02/21/2014

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kathleen White

ISLAND REAL ESTATE-ANNA MARIA License #3019176

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1971

Lot Details

  • Beach Front
  • Property fronts a saltwater canal
  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $655 Monthly HOA Fees

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Living Room
  • L-Shaped Dining Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Fishing Pier
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Seawall
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Cabana Beach Club Condominium Community
  • Cabana Beach Club Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,930

Year Built

Built in 1971

Lot Details

0

HOA Fees

$655 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 684
  • Lot Size Acres: 1.41
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 684
  • Lot Size Sq Ft: 61226
  • Directions to Property: Gulf of Mexico Drive to 5851 Gulf of Mexico on Canal side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 263.16
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-2500
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), L Dining, Open Floorplan, Solid Surface Counters
  • Appliances Included: Electric Water Heater, Exhaust Fan, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5851
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 63.55
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Access: Beach,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Waterfront Complex
  • Association Amenities: Laundry
  • Association Fee: 655
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: CABANA BEACH CLUB #11

Fee Information

  • Total Annual Fees: 7860.00
  • Total Monthly Fees: 655.00
  • Monthly HOA Amount: 655.00

Lot Info

  • Zoning: R3SF
  • Parcel Number: 8005501509
  • Additional Parcels: No
  • Lot Features: FloodZone, Zero Lot Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 2930
  • Tax Book Number: 0032/0062
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Beach Front, Canal - Saltwater, Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2016
Sold by
Ferguson James
Bought by
Lb Key Llc
Current Estimated Value
$390,990

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 30, 2015
Sold by
Stewart Anna
Bought by
Ferguson James
Seller's Agent
Dennis Girard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen White
ISLAND REAL ESTATE-ANNA MARIA
List Price
$299,900
Sold Price
$180,000
Premium/Discount to List
-$119,900
-39.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Source: Public Records

Range of Values:

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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 $208,000 Attorney
Ferguson James $180,000 Barnes Walker Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $180,000 -10.0% $263 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/08/2015 04/08/15 Price Changed $199,900 -13.0% $292 / Sq Ft
04/07/2015 04/07/15 Price Changed $229,900 -4.2% $336 / Sq Ft
03/31/2015 03/31/15 Price Changed $239,900 -4.0% $351 / Sq Ft
12/19/2014 12/19/14 Price Changed $249,900 -9.1% $365 / Sq Ft
09/05/2014 09/05/14 Price Changed $275,000 -6.7% $402 / Sq Ft
07/10/2014 07/10/14 Price Changed $294,900 -1.7% $431 / Sq Ft
05/28/2014 05/28/14 Price Changed $299,900 +20.0% $438 / Sq Ft
03/28/2014 03/28/14 Price Changed $249,900 -16.7% $365 / Sq Ft
02/21/2014 02/21/14 For Sale $299,900 -- $438 / 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 $4,159 $235,000 $0 $0
2017 $3,610 $208,000 $0 $0
2016 $3,690 $208,000 $0 $0
2015 $2,930 $215,000 $0 $0
2014 $2,930 $176,651 $0 $0
2013 $2,457 $147,216 $1 $147,215
Source: Public Records

Agents Affiliated with this Home

  • Dennis Girard

    Seller's Agent in 2015

    Dennis Girard

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 809-0041

    35 in this area

    64 Total Sales

    Dennis Girard
    Section Image
  • Kathleen White

    Buyer's Agent in 2015

    Kathleen White

    ISLAND REAL ESTATE-ANNA MARIA

    (941) 773-0165

    1 in this area

    57 Total Sales

    Kathleen White
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3993302

Stellar MLS

APN: 80055-0150-9

Florida Manatee County Longboat Key 34228

5851 Gulf of Mexico Dr Unit 11, 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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