NOT LISTED FOR SALE

605 Sutton Place Unit 204 Longboat Key, FL 34228

Estimated Value: $567,000 - $758,000

2 Beds
2 Baths
1,120 Sq Ft
$1,024/mo HOA Fee

Last Sold October 30, 2022

Last sale price $740,000 $661 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,978/month

82 Days on Market

Highlights

  • Bay Harbor Waterfront
  • White Water Ocean Views
  • Deeded access to the beach
  • Marina
  • Boat Dock
  • Cabana

About This Home

As of October 2022

Back on the market!!! Unfortunately, the Buyer lost out, but her loss is your gain! Do not miss this second chance at living where others vacation!! Watch the dolphins and manatees from your living room couch, keep your boat in your backyard, enjoy private parking and enjoy your private clubhouse on the Gulf of Mexico - all for under $750,000! Completely remodeled two-bedroom, two full bath condo is pet friendly and located directly on the Intercoastal Waterway on Sarasota Bay!

Sold fully furnished!!! Just grab your toothbrush and head on over!

New kitchen appliances, new quartz countertops, new beautiful luxury vinyl floors, new energy efficient windows, new window treatments, new soaking tub with new 50 Gallon hot water tank, motorized Hunter-Douglas shades for privacy, new built-ins and so much more - all since 2021! And AC was replaced in 2018!

Condo is NOT age-restricted and features deeded parking spot, two community pools, on site activities, boat slips (available 1st come 1st served for only $300/yr), kayak racks and mechanical launch (also 1st come 1st served for $150/yr), onsite laundry, separate storage unit, clubhouse and so much more. Across the street from the complex is a private, gated beach cabana with bathrooms, beach lockers, picnic tables and private parking directly on the Gulf of Mexico! Walk across the street, grab your beach chair from the locker and watch the sunset every night! All room sizes approximate. Call for a private showing!

****Actual square footage is 1132, the lanai is now under air!

Last Agent to Sell the Property

Susannah Savitsky

FLORIDA ATTORNEY REALTY INC License #3272326 Listed on: 07/07/2022

Last Buyer's Agent

Paul Hart

PREFERRED SHORE LLC License #3386101

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1973

Lot Details

  • Bay Harbor Waterfront
  • West Facing Home

HOA Fees

  • $1,024 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,120 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Crown Molding
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Reserved Parking
  • Assigned Parking

Pool

  • Cabana
  • In Ground Spa
  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Self Managed Association
  • Sutton Place Condo Community
  • Sutton Place Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Recreation Facilities
  • Community Pool
  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,579

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,024 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 1120
  • New Construction: No
  • Year Built: 1973
  • Status: Sold
  • Ownership: Condominium
  • Escrow City: Lakewood Ranch
  • Escrow State: FL
  • Escrow Street Name: Town Center Parkway
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 660.71
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Stories: 4
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • Living Area Meters: 104.05

Exterior Features

  • Direction Faces: West
  • Other Structures: Cabana, Other, Storage
  • Exterior Features: Other, Outdoor Shower, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Land Sales Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Flood Zone Panel: 12081C0294F
  • Water Frontage Feet Bay Harbor: 1

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Reserved

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Dock, Marina, Pool, Recreation Facilities, Storage
  • Association Fee: 1024
  • Association Fee Frequency: Monthly
  • Association Name: Self-managed
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 12288.00
  • Total Monthly Fees: 1024.00
  • Monthly HOA Amount: 1024.00

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8027410508
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 3579
  • Tax Book Number: 1480-7817
  • Tax Lot: 204

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 28, 2022
Sold by
Pearce Richard H and Pearce Janice A
Bought by
Ivey William S and Ivey Angela
Seller's Agent
Susannah Savitsky
FLORIDA ATTORNEY REALTY INC
Buyer's Agent
Paul Hart
PREFERRED SHORE LLC
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
16
Current Estimated Value
$626,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,793
Avg. Annual Appreciation
-5.18%
Original Mortgage
$555,000
Outstanding Balance
$536,988
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$89,219

Purchase Details

Closed on
Sep 9, 2020
Sold by
Schmitt Brenda M
Bought by
Pearce Richard H and Pearce Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2019
Sold by
Schmitt Brenda M and The Sheila M Martin Trust
Bought by
Schmitt Brenda M

Purchase Details

Closed on
Apr 16, 2019
Sold by
Martin Sheila Marie
Bought by
Martin Sheila M and Schmitt Brenda M

Purchase Details

Listed on
May 28, 2013
Closed on
Aug 16, 2013
Sold by
Marxhausen Margaret A and Wiltse Margaret A
Bought by
Martin Sheila Marie
Seller's Agent
Sandi Layfield
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sandi Layfield
MICHAEL SAUNDERS & COMPANY
List Price
$339,900
Sold Price
$269,300
Premium/Discount to List
-$70,600
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Apr 24, 1997
Sold by
Marxhausen Margaret A
Bought by
Marxhausen Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivey William S $740,000 --
Pearce Richard H $375,000 Attorney
Schmitt Brenda M -- Attorney
Martin Sheila M -- None Available
Martin Sheila Marie $269,300 Attorney
Marxhausen Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivey William S $555,000
Previous Owner Pearce Richard H $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2022 12/18/22 Off Market $740,000 -- --
10/30/2022 10/30/22 Sold $740,000 -1.2% $661 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $749,000 0.0% $669 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $749,000 -1.3% $669 / Sq Ft
08/05/2022 08/05/22 Price Changed $759,000 -1.3% $678 / Sq Ft
07/28/2022 07/28/22 Price Changed $769,000 -1.3% $687 / Sq Ft
07/14/2022 07/14/22 Price Changed $779,000 -2.5% $696 / Sq Ft
07/09/2022 07/09/22 Price Changed $799,000 -0.1% $713 / Sq Ft
07/07/2022 07/07/22 For Sale $799,999 +197.1% $714 / Sq Ft
08/16/2013 08/16/13 Sold $269,300 -10.2% $238 / Sq Ft View Prior Sale
07/21/2013 07/21/13 Pending -- -- --
06/07/2013 06/07/13 Price Changed $299,900 -11.8% $265 / Sq Ft
05/28/2013 05/28/13 For Sale $339,900 -- $300 / 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 $7,958 $459,000 -- $459,000
2024 $7,958 $505,750 -- $505,750
2023 $8,592 $535,500 $0 $535,500
2022 $3,696 $251,919 $0 $0
2021 $3,579 $244,582 $0 $0
2020 $4,731 $265,000 $0 $265,000
2019 $1,501 $66,250 $0 $66,250
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 $2,579 $193,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4541180

Stellar MLS

APN: 80274-1050-8