NOT LISTED FOR SALE

723 El Centro Unit 723 Longboat Key, FL 34228

Estimated Value: $525,103 - $546,000

3 Beds
2 Baths
1,441 Sq Ft
$830/mo HOA Fee

Last Sold November 02, 2020

Last sale price $375,000 $260 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,802/month

Highlights

  • Marina
  • Access To Intracoastal Waterway
  • Senior Community
  • Boat Dock
  • Fishing
  • 25.2 Acre Lot

About This Home

As of November 2020

You are going to fall in LOVE with arguably one of the best remodeled and expanded free standing homes at this landmark Longboat Key community. Most others available are small outdated two bedroom condos but this one has been cleverly transformed into a true THREE bedroom plus den/office home outfitted with all of today's most coveted features. Kitchen offers SS appliances, granite countertops, travertine tile flooring, steps from the water! One of the lowest priced 3 bedroom free standing villa currently for sale on LBK! Not only is the renovation meticulous in every way, including the open kitchen and bathrooms but also luxuriously fully furnished in the highly desirable coastal motif. Spanish Main is a charming waterfront community that offers its own private marina, boat slips available at a minimal cost, beautiful neighborhood clubhouse, community pool, kayak storage and deeded beach access to the always amazing crystal clear azure Gulf of Mexico. North end of LBK offers a chic neighborhood vibe with the recent addition of Whitney's' Bodega and the new Shore Diner, amongst classics like Harrys Continental Kitchen and Mar Vista, get in now!

Last Agent to Sell the Property

Tami Cashi

COLDWELL BANKER REALTY License #3117254 Listed on: 09/16/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Jerry Burson, Pa

EXP REALTY LLC License #3303880

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1968

Lot Details

  • South Facing Home
  • Landscaped with Trees

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Bungalow
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Marina
  • Deeded access to the beach
  • Access to Bay or Harbor
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall
  • Dock Does Not Have A Water Supply
  • Patio
  • Rain Gutters
  • Rear Porch

Schools

  • Barbara A. Harvey Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, common area taxes, escrow reserves fund, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Spanish Main Association / Judy Association, Phone Number (941) 383-2664
  • Spanish Main Yacht Club Community
  • Spanish Main Yacht Club Condo Or353/335 Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, fencing
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Marina
  • Waterfront Community
  • Recreation Facilities
  • Shuffleboard Court
  • Community Pool
  • Fishing

Pet Policy

  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,828

Year Built

Built in 1968

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1441
  • Lot Size Acres: 25.2
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1698
  • Lot Size Sq Ft: 1097635
  • Directions to Property: Gulf of Mexico Dr to Spanish Main Yacht Club, North of Cedars. 1st right, next left, next right to El Centro. Home on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478373?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478373?w=Customer
  • FCHR URL: Yes
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 260.24
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 220.85
  • View: No
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 723
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors, Rain Gutters
  • Roof: Tile
  • Pool Private: No
  • Water Body Name: Intracoastal/Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor, Beach - Access Deeded, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/Electric, Dock w/o Water Supply, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock, Fence Restrictions, Marina, Pool, Recreation Facilities, Shuffleboard Court
  • Association Name: Spanish Main Association / Judy
  • Phone: 941.383.2664
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 830
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 830
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9960
  • Total Monthly Fees: 830

Schools

  • Elementary School: Barbara A. Harvey Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7921700006
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: Completed application and fee
  • Num Timesper Year: 2
  • Pet Restrictions: 1 pet under 35 pounds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Villa can be leased twice a year for 1 month minimum.

Tax Info

  • Tax Annual Amount: 3827.5
  • Tax Book Number: 285-165
  • Tax Lot: 723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Landry Janice
Bought by
The Acts 16 31 Family Trust
Current Estimated Value
$476,244

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 2, 2020
Sold by
Katz Amy J
Bought by
Landry Janice
Seller's Agent
Tami Cashi
COLDWELL BANKER REALTY
Buyer's Agent
Jerry Burson, Pa
EXP REALTY LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 23, 2020
Sold by
Katz Kenneth H
Bought by
Katz Amy J
Seller's Agent
Tami Cashi
COLDWELL BANKER REALTY
Buyer's Agent
Jerry Burson, Pa
EXP REALTY LLC
List Price
$375,000
Sold Price
$375,000

Purchase Details

Closed on
Jul 21, 2017
Sold by
Pignoli John Barry and Cooper Winifred P
Bought by
Katz Kenneth and Katz Amy J

Purchase Details

Closed on
Aug 7, 2015
Sold by
Oakwood Enterprises Llc
Bought by
Pignoli John Barry and Cooper Winifred P

Purchase Details

Closed on
Aug 8, 2014
Sold by
Sabin Edward U
Bought by
Oakwood Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.19%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Feb 12, 2013
Sold by
Sabin Charles E
Bought by
Sabin Edward U

Purchase Details

Closed on
Aug 24, 1999
Sold by
Matthews D Turner and Cederstrom John
Bought by
Sabin Charles E and Sabin Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1999
Sold by
Bk Of Boston Fl N A
Bought by
Cederstrom John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.73%
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
The Acts 16 31 Family Trust -- Accommodation
Landry Janice $375,000 Stewart Title Company
Katz Amy J -- Stewart Title Company
Katz Kenneth $350,000 Attorney
Pignoli John Barry $330,000 Attorney
Oakwood Enterprises Llc $175,000 Attorney
Sabin Edward U -- Attorney
Sabin Edward U -- Attorney
Sabin Charles E $99,000 --
Cederstrom John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oakwood Enterprises Llc $120,000
Previous Owner Sabin Charles E $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $375,000 0.0% $260 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $375,000 -- $260 / 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
2024 $4,362 $316,891 -- --
2023 $4,319 $307,661 $0 $0
2022 $4,227 $298,700 $0 $0
2021 $4,099 $290,000 $0 $290,000
2020 $3,807 $220,000 $0 $220,000
2019 $3,828 $220,000 $0 $220,000
2018 $3,792 $215,000 $0 $0
2017 $4,198 $259,050 $0 $0
2016 $3,826 $222,100 $0 $0
2015 $2,838 $195,300 $0 $0
2014 $2,838 $169,081 $0 $0
2013 $2,383 $142,808 $34,648 $108,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4478373

Stellar MLS

APN: 79217-0000-6