NOT LISTED FOR SALE

743 Spanish Dr S Longboat Key, FL 34228

Estimated Value: $416,000 - $522,544

2 Beds
2 Baths
1,628 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $592,500 $364 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $4,409/month

165 Days on Market

Highlights

  • Waterfront Community
  • Access To Marina
  • Full Bay or Harbor Views
  • Assigned Boat Slip
  • Active Adult
  • Open Floorplan

About This Home

As of September 2023

MAJOR-MAJOR-PRICE REDUCTION FOR QUICK SALE***MAKES THIS THE BEST VALUE IN SPANISH MAIN YACHT CLUB ON LONGBOAT KEY****STUNNING-NEWLY REMODELED VILLA*** Welcome to this 55+ boating and maintenance free community located on the Intercoastal Waterway of Sarasota Bay. We’re offering a great opportunity to own a totally remodeled, need nothing 2+2 Villa. This unique community is ideal for the Boating enthusiast and offers an onsite marina just seconds to the intercoastal (with available slips for $200.00-$300.00 a year), a pool and clubhouse located above the marina with a spectacular view of the intercoastal. Enjoy beautiful sunsets with easy access to your own Beach on the Gulf of Mexico. The owners spared no expense when creating this masterpiece for the New Owners! Showcases: New Tile Roof, Exterior Paint, Coastal Farmhouse Style Kitchen with Vaulted Tongue & Grove Ceiling, Quartzite Countertops & Island, Premium Appliances, Hurricane Impact Windows, and Doors throughout, Cortex Plus Luxury Vinyl Plank Flooring, Spacious Enclosed Lanai with New Windows and French Doors, Large Master Bedroom, Walk-in Closet, with Plenty of Natural Lighting. Enjoy Your Morning Coffee on Your Patio while viewing the Marina and Intercoastal Waterway.

Last Agent to Sell the Property

Rod Underdahl

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3037983 Listed on: 04/01/2023

PREFERRED SHORE LLC

Last Buyer's Agent

Lynne Zettergren

COLDWELL BANKER REALTY License #3561268

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1969

Lot Details

  • South Facing Home
  • Property is zoned R3MX

HOA Fees

  • $1,295 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Villa
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,628 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Vinyl Flooring
  • Full Bay or Harbor Views
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Access To Marina
  • Deeded access to the beach
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Assigned Boat Slip
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Onsite Management Barb Or Judy Association, Phone Number (941) 383-2664
  • Visit Association Website
  • Spanish Main Yacht Club Community
  • Spanish Main Yacht Club Condo Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1628
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1677
  • Status: Sold
  • Street Post Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: S Tamiami Trail
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 363.94
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Pest Guard System, Solid Surface Counters, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 151.25

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded,Marina
  • Water Extras: Assigned Boat Slip,Dock - Slip 1st Come
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Community Marina with direct access to Sarasota Bay-Several Boat Slips available from $200-$300 per year

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions, Water Access, Waterfront
  • Association Name: Onsite Management Barb or Judy
  • Phone: 941-383-2664
  • Association: No
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Per Association Approval no larger than 25 pounds
  • Condo Fees: 1295
  • Max Pet Weight: 25
  • Monthly Condo Fee Amount: 1295
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.smyclbk.com/

Fee Information

  • Total Annual Fees: 15540.00
  • Total Monthly Fees: 1295.00

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7924700003
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rental is 30-day minimum no more than twice a year

Tax Info

  • Tax Annual Amount: 1865
  • Tax Book Number: 285-165
  • Tax Lot: 207

Multi Family

  • Approval Process: Contact Onsite Management Office

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Sep 27, 2023
Sold by
Matras James A
Bought by
Drake Korinna and Drake Aaron
Seller's Agent
Rod Underdahl
PREFERRED SHORE LLC
Buyer's Agent
Lynne Zettergren
COLDWELL BANKER REALTY
List Price
$690,000
Sold Price
$592,500
Premium/Discount to List
-$97,500
-14.13%
Views
256
Current Estimated Value
$484,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,364
Avg. Annual Appreciation
-9.21%

Purchase Details

Closed on
Jul 21, 1995
Sold by
Dolan J Vincent and Dolan Adele M
Bought by
Vucovich Emil Daniel
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
Drake Korinna $592,500 Clear Title Group
Vucovich Emil Daniel $102,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $592,500 -1.2% $364 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $599,500 -5.9% $368 / Sq Ft
07/06/2023 07/06/23 Price Changed $636,900 -2.0% $391 / Sq Ft
05/17/2023 05/17/23 Price Changed $649,900 -4.3% $399 / Sq Ft
04/19/2023 04/19/23 Price Changed $678,800 -1.6% $417 / Sq Ft
04/01/2023 04/01/23 For Sale $690,000 +53.3% $424 / Sq Ft
08/31/2022 08/31/22 Sold $450,000 0.0% $335 / Sq Ft View Prior Sale
08/10/2022 08/10/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $450,000 -7.2% $335 / Sq Ft
07/22/2022 07/22/22 For Sale $485,000 -- $361 / 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 $6,955 $141,491 -- $141,491
2024 $6,955 $433,500 -- $433,500
2023 $7,109 $433,500 $0 $433,500
2022 $1,865 $128,456 $0 $0
2021 $1,377 $124,715 $0 $0
2020 $1,854 $122,993 $0 $0
2019 $1,819 $120,228 $0 $0
2018 $1,799 $117,986 $0 $0
2017 $1,429 $115,559 $0 $0
2016 $1,422 $113,182 $0 $0
2015 $1,217 $112,395 $0 $0
2014 $1,217 $111,503 $0 $0
2013 $1,188 $109,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4565999

Stellar MLS

APN: 79247-0000-3