NOT LISTED FOR SALE

607 Cedars Ct Unit 4 Longboat Key, FL 34228

Estimated Value: $507,000 - $564,000

2 Beds
2 Baths
1,440 Sq Ft
$906/mo HOA Fee

Last Sold July 18, 2024

Last sale price $595,000 $413 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,248/month

31 Days on Market

Highlights

  • 500 Feet of Intracoastal Waterfront
  • Access To Intracoastal Waterway
  • View of Trees or Woods
  • Anna Maria Elementary School Rated A-
  • Fitness Center
  • 6 Acre Lot

About This Home

As of July 2024

Welcome to Cedars Tennis and Fitness Resort...One of the BEST values on Longboat Key. This turnkey furnished 3 level town home has been well maintained by the current owner for more that 20 years. One of the few condos on Longboat Key that allows 2 pets less than 35 lbs! Recent improvements include- New roof Dec 2021, AC’s 2017, Lanai decked with Trex Dec 2021, Hurricane impact slider, hurricane garage door, full size stack washer dryer June 2020, building resided with Hardi 2013. The Oversized attached garage has plenty of storage for bikes and/or beach gear. The entry foyer has front entry and a door from the garage. The open kitchen, dining area and living room are on the second level as is the laundry closet and screened balcony. The primary bedroom with large built-in closets and an Ensuite bath with tub and shower are located on the 3rd level as is the guest bedroom with large closet, guest bath with step in shower. Cedars East is an enclave of 90 town homes on 66 acres of tropical landscaping. This town home is perfect for year-round living, vacation or investment property with 2-week minimum rental policy and on-site rental management office. The amenities of this complex include a heated Jr Olympic size pool, scenic lit boardwalks through quiet mangroves, a fishing pier with a newly constructed Tiki for added shade. There is also a kayak launch located at the back of the community setting on Sarasota Bay. There are several membership levels available to Cedars Tennis Resort & Club that could include ten Har-Tru Tennis Courts, Club House with Pro-Shop, 24 hr Fitness Center, Tiki Bar and Restaurant. There are several walkable sites like Joan Durante Park and many local restaurants like Harry’s Deli, Euphemia Haye, The Lazy Lobster, The Shore and Mar Vista are a short drive. Enjoy the beautiful sandy beaches of Longboat Key with public access that are located along Gulf of Mexico Dr. Lots of other attractions and cultural events are nearby--St Armand’s Circle, Mote Marine, Van Wezel Performing Arts, Marie Selby Gardens, Ringling Museum and much more. Come see this Longboat Key getaway! This unit has been a treasured vacation home for the current owner as well as a successful year round rental/investment property when they are back north. This is one of the best values on LBK ! Priced aggressively to sell and to put your own decorative touches.

Last Agent to Sell the Property

Mike Faber

THE KEYES COMPANY - SARASOTA Brokerage Phone: 941-213-9400 License #3020625 Listed on: 05/15/2024

THE KEYES COMPANY  - SARASOTA

Last Buyer's Agent

John Davis

DALTON WADE INC License #3427513

DALTON WADE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 1988

Lot Details

  • 500 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • End Unit
  • East Facing Home
  • Irrigation

HOA Fees

  • $906 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding
  • HardiePlank Type

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, ground maintenance, management, private road, sewer, trash, water
  • Melissa Beachy Ami Association, Phone Number (941) 359-1134
  • Cedars East Community
  • Cedars East Sec 1 Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Restaurant
  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,180

Year Built

Built in 1988

Lot Details

0

HOA Fees

$906 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Cement Siding, HardiPlank Type, Wood Frame
  • Fireplace: No
  • Living Area: 1440
  • Lot Size Acres: 6
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2268
  • Lot Size Sq Ft: 261000
  • Directions to Property: Gulf of Mexico dr to east on Companion Way. 2nd left on Cedars Ct. left at clubhouse. 607 is straight ahead.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 503456924
  • Minimum Lease: 2 Weeks
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 413.19
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Amenities Additional Fees: MEMBERSHIP TO THE CEDARS TENNIS RESORT IS REQUIRED FOR USE OF THE TENNIS COURTS, FITNESS CENTER AND RESTAURANT.THERE ARE DIFFERENT MEMBERSHIP PACKAGES AVAILABLE. SEE www.cedarstennisresort.com or stop by pro shop for more information.
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Dock,Fishing,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-213-9400
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: 607
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 133.78
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Irrigation System, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods
  • Water Body Name: INTERCOASTAL WATERWAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available
  • Water Access: Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 500
  • Flood Zone Date: 2021-08-21
  • Additional Water Information: UNIT IS NOT WATERFRONT. COMMUNITY HAS A PUBLIC FISHING PIER LOCATED IN THE BACK OF COMMUNITY THAT IS A SHORT WALK FROM UNIT.
  • Water Frontage Feet ICW: 500

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Courts
  • Association Fee Frequency: Quarterly
  • Association Name: MELISSA BEACHY AMI
  • Phone: 941 359-1134
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 607
  • Condo Fees: 2719
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: mbeachy@amiwrac.com
  • Monthly Condo Fee Amount: 906
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 10876.00
  • Total Monthly Fees: 906.33

Lot Info

  • Zoning: R3MX/PC
  • Parcel Number: 7927303102
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 24248
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE CEDARS EAST RULES & REGULATIONS. BUYER OR BUYER AGENT TO VERIFY

Tax Info

  • Tax Annual Amount: 6180.48
  • Tax Book Number: 1213-1749
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Intracoastal Waterway
  • Approval Process: SEE CEDARS EAST RULES AND REGUALTIONS. BUYER OR BUYER AGENT TO VERIFY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 18, 2024
Sold by
Faber Gregory D and Faber Rita A
Bought by
Pastrian Brenda Romina Mana and Alves Flavia Cristina
Seller's Agent
Mike Faber
THE KEYES COMPANY - SARASOTA
Buyer's Agent
John Davis
DALTON WADE INC
List Price
$639,900
Sold Price
$595,000
Premium/Discount to List
-$44,900
-7.02%
Views
16
Current Estimated Value
$529,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,561
Avg. Annual Appreciation
-8.99%
Original Mortgage
$416,500
Outstanding Balance
$411,400
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$118,039

Purchase Details

Closed on
Jul 25, 2002
Sold by
Wallace Ian B and White Judith R
Bought by
Faber Gregory D and Faber Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pastrian Brenda Romina Mana $595,000 Nu World Title
Faber Gregory D $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pastrian Brenda Romina Mana $416,500
Previous Owner Faber Gregory D $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $595,000 -7.0% $413 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $639,900 -- $444 / 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 $6,526 $189,805 -- $189,805
2024 $6,526 $510,000 -- $510,000
2023 $6,180 $476,000 $0 $476,000
2022 $5,125 $341,250 $0 $341,250
2021 $4,335 $255,000 $0 $255,000
2020 $4,307 $250,000 $0 $250,000
2019 $4,140 $250,000 $0 $250,000
2018 $3,687 $205,000 $0 $0
2017 $2,907 $170,850 $0 $0
2016 $2,968 $170,850 $0 $0
2015 $2,405 $170,850 $0 $0
2014 $2,405 $143,274 $0 $0
2013 $2,321 $139,101 $1 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4610450

Stellar MLS

APN: 79273-0310-2