Seller's Agent in 2024
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 465-1124
57 in this area
67 Total Sales
605 Sutton Place Unit 203 Longboat Key, FL 34228
Estimated Value: $381,000 - $512,000
2
Beds
2
Baths
992
Sq Ft
$1,424/mo
HOA Fee
Highlights
- White Water Ocean Views
- Property Fronts a Bay or Harbor
- Wood Flooring
- Beach Access
- Clubhouse
- Furnished
About This Home
As of December 2024Available to move in right away. Breathtaking bayfront views from this second-floor, two-bedroom, two-bath condominium in Longboat Key’s desirable Sutton Place with terrific deeded beach and bay access and amenities. This charming midrise home offers a dining room and great room combination that is bright and inviting with an abundance of natural light from sliding glass doors that lead to the spacious balcony overlooking a pristine area of Sarasota Bay. The ample kitchen boasts stainless steel appliances and a pass-through window ideal for entertaining guests. The primary bedroom is spacious and offers an abundance of closet space, including a linen closet, extra-large built-in closet, as well as a walk-in closet that is ideal for an owner’s closet. The second bedroom is roomy and bright. Enjoy a convenient covered parking space outside your unit and two elevators that provide easy access. Well maintained and sold mostly furnished, this condominium can be ready to move right in. Sutton Place is a gulf-to-bay community, providing deeded access to the marina and gulf beach. Spend your days enjoying the beach pavilion with picnic tables, restrooms, showers and secure gated parking. There are even lockers for your beach chairs and car wash stations for added convenience. On the bayside, the community offers two swimming pools, one on the waterfront and another by the fully equipped clubhouse. Rentals are permitted after one year of ownership, with a one-month minimum rental, allowed twice annually. The community is pet friendly, allowing two pets, with a maximum weight of 25 pounds. Other exceptional amenities include three barbecue zones, kayak storage and launch facilities, and boat slips for the boating enthusiast. Ideally situated, Sutton Place allows easy access to a variety of dining options at either end of the key. Explore nearby parks, shops, and the cultural gems of Longboat Key and Anna Maria Island, all just minutes away. For even more dining, shopping, and entertainment, St. Armands Circle and downtown Sarasota are just a short drive to the south.
Last Agent to Sell the Property
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-2500 License #3422984 Listed on: 09/20/2024
Co-Listed By
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-2500 License #3358790
Last Buyer's Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-2500 License #3422984 Listed on: 09/20/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,795
Year Built
- Built in 1973
Lot Details
- Property Fronts a Bay or Harbor
- West Facing Home
HOA Fees
- $1,424 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Built-Up Roof
- Concrete Siding
- Stucco
Interior Spaces
- 992 Sq Ft Home
- 4-Story Property
- Furnished
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Living Room
- Dining Room
- White Water Ocean Views
Kitchen
- Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean To Bay
- Access To Intracoastal Waterway
- First Come-First Served Dock
- Balcony
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 203
- Assessor Parcel Number 8027410458
Community Details
Overview
- Association fees include common area taxes, pool, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
- Mid-Rise Condominium
- Sutton Place Condo Community
- Sutton Place Subdivision
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Laundry Facilities
- Elevator
Recreation
- Community Pool
Pet Policy
- Pets up to 25 lbs
- Pet Size Limit
- 2 Pets Allowed
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Dec 17, 2024
Sold by
Frank L Demaio Revocable Trust and Vivian E Demaio Revocable Trust
Bought by
Flannigan John and Flannigan Stephanie
Seller's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,288
Avg. Annual Appreciation
-7.51%
Purchase Details
Closed on
Jan 3, 2022
Sold by
Demaio Frank L and Demaio Vivian E
Bought by
Frank L Demaio Revocable Trust and Demaio
Purchase Details
Closed on
Nov 23, 2011
Sold by
Wichman Lauren Cohen
Bought by
Demaio Frank L and Demaio Vivian E
Purchase Details
Closed on
Apr 22, 2005
Sold by
Lillis Marguerite and Lillis William J
Bought by
Wichman Lawrence R and Lawrence R Wichman Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Flannigan John | $510,000 | None Listed On Document | |
| Flannigan John | $510,000 | None Listed On Document | |
| Frank L Demaio Revocable Trust | $100 | None Listed On Document | |
| Demaio Frank L | $216,500 | None Available | |
| Wichman Lawrence R | $460,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wichman Lawrence R | $368,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $510,000 | -7.3% | $514 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $550,000 | +7.8% | $554 / Sq Ft |
| 10/07/2024 10/07/24 | Off Market | $510,000 | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $550,000 | -- | $554 / 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 | $6,766 | $442,000 | -- | $442,000 |
| 2024 | $6,766 | $480,250 | -- | $480,250 |
| 2023 | $6,795 | $510,000 | $0 | $510,000 |
| 2022 | $5,691 | $372,750 | $0 | $372,750 |
| 2021 | $4,892 | $290,000 | $0 | $290,000 |
| 2020 | $4,731 | $265,000 | $0 | $265,000 |
| 2019 | $4,645 | $265,000 | $0 | $265,000 |
| 2018 | $4,231 | $230,000 | $0 | $0 |
| 2017 | $3,794 | $226,750 | $0 | $0 |
| 2016 | $3,570 | $207,990 | $0 | $0 |
| 2015 | $3,389 | $207,990 | $0 | $0 |
| 2014 | $3,389 | $201,912 | $0 | $0 |
| 2013 | $3,369 | $201,912 | $1 | $201,911 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Fischer
-
Mike Seamon
Seller Co-Listing Agent in 2024
Mike Seamon
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 586-1802
54 in this area
76 Total Sales
Map
Source: Stellar MLS
MLS Number: A4624034
APN: 80274-1045-8
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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