$4,300,000
SOLD MAR 2, 2023

Grand Bay 3060 Grand Bay Blvd Unit 1101 Longboat Key, FL 34228

4 Beds
5.5 Baths
4,413 Sq Ft
$247/mo HOA Fee

Recently Sold

$974 Per Sq Ft

14% Below List Price

245 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Marina
  • Boat Dock
  • Southside Elementary School Rated A
  • White Water Ocean Views
  • Beach Access

About This Home

As of March 2023

RARE OPPORTUNITY Top of The World PENTHOUSE. Boasting an astounding 5,300 square feet of wraparound terrace space and floor-to-ceiling walls of glass throughout, this extraordinary Grand Bay penthouse showcases a dazzling panorama of bay, Gulf, golf course, marina and downtown vistas. Wake up to gorgeous sunrises over Sarasota Bay and delight in captivating sunsets over the Gulf of Mexico and sweeping unobstructed views at every turn. A private elevator whisks you to the 4,400-square-foot residence’s 10th-floor entry, where double glass doors open to jaw-dropping views through three walls of floor-to-ceiling sliders in the voluminous living room/dining area. Multiple glass doors seamlessly integrate the indoor space with the enormous main terrace, making it perfect for large-scale entertaining, intimate gatherings, relaxing and dining. A large gazebo is already in place, and options abound for making the rest of the sprawling outdoor space your own. Inside, you will find soaring ceilings, three bedrooms with en-suite baths, a den and kitchen – all offering magnificent views. Infused with natural light, the kitchen features granite countertops, custom cabinetry, island cooktop, spacious breakfast area and an adjacent butler’s pantry. A lavish retreat awaits you in the massive bay-facing owner’s suite, featuring two generously sized marble bathrooms, each with a large vanity, soaking tub, walk-in shower, bidet and windows.

Last Agent to Sell the Property

Stacey Fredericks

MICHAEL SAUNDERS & COMPANY License #3318236 Listed on: 05/17/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,518

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Woods
  • Garden
  • Park or Greenbelt

Home Design

  • Penthouse
  • Custom Home
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,413 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Marble
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Deck
  • Wrap Around Porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, maintenance structure, manager, pool maintenance, recreational facilities, security, trash
  • Grand Bay Kathy Podolsky Association, Phone Number (941) 387-0718
  • High-Rise Condominium
  • Grand Bay Community
  • Grand Bay 1 Subdivision
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,518

Year Built

Built in 1994

Lot Details

0

HOA Fees

$247 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Structure, Manager, Pool Maintenance, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4413
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 9756
  • Directions to Property: Gulf of Mexico Drive to north gate of Bay Isles, go thru gate then turn left to Grand Bay.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4535637?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4535637?w=Customer
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit, High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.86
  • Price per Sq Ft: 974.39
  • Close to Original List Price Ratio: 0.81905
  • Ratio: Current Price\Building Area Total: 440.75
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Porcelain Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Ice Maker, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 10
  • Street Number Modifier: 3060
  • Room Count: 7
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Florida Room, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Gazebo
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: City, Garden, Golf Course, Park, Pool, Tennis Court, Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Intracoastal Waterway, Lagoon, Marina, Pond
  • Water Access: Bay/Harbor, Beach, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Garage Door Opener, Guest, Off Street, Under Building, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness, Gated Community, Golf, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Golf Course, Lobby Key Required, Marina, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Wheelchair Access
  • Association Fee: 2963.81
  • Association Fee Frequency: Annually
  • Association Name: Grand Bay - Kathy Podolsky
  • Phone: 941-387-0718
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Secured Garage/Parking, Security Gate, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 5100
  • Condo Fees Term: Quarterly
  • Association Email: KathyPodolsky@GrandBayLBK.org
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1700
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 23363.81
  • Monthly HOA Fee: 246.98
  • Total Monthly Fees: 1946.98

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: MUC1
  • Parcel Number: 0004101055
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Please see Association Documents for Restrictions/Guidelines
  • Num Timesper Year: 2
  • Pet Restrictions: 2 pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 30518.4
  • Tax Book Number: 30-18
  • Tax Lot: 1101

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Mar 2, 2023
Sold by
K & D Properties Florida Inc
Bought by
Horth Timothy W and Horth Dawn H
Seller's Agent
Stacey Fredericks
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$4,999,999
Sold Price
$4,300,000
Premium/Discount to List
-$699,999
-14%
Views
46
Current Estimated Value
$3,639,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$660,852
Avg. Annual Appreciation
-6.65%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Dec 17, 2018
Sold by
Eik Investments Inc
Bought by
K & D Proprties Inc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Ryan Skrzypkowski
COLDWELL BANKER REALTY
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,300,000 --
Warranty Deed $3,000,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $4,300,000 -14.0% $974 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $4,999,999 0.0% $1,133 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $4,999,999 -4.8% $1,133 / Sq Ft
05/17/2022 05/17/22 For Sale $5,250,000 +75.0% $1,190 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $3,000,000 0.0% $680 / Sq Ft
12/15/2018 12/15/18 Sold $3,000,000 -- $680 / 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 $38,119 $3,002,200 -- $3,002,200
2023 $38,119 $3,554,900 $0 $3,554,900
2022 $30,518 $2,499,000 $0 $2,499,000
2021 $26,879 $1,935,900 $0 $1,935,900
2020 $32,985 $2,323,700 $0 $2,323,700
2019 $33,595 $2,388,400 $0 $2,388,400
2018 $35,753 $2,515,400 $0 $2,515,400
2017 $36,271 $2,515,500 $0 $2,515,500
2016 $36,946 $2,515,700 $0 $2,515,700
2015 $36,844 $2,457,800 $0 $2,457,800
2014 $35,984 $2,299,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4535637

Stellar MLS

APN: 0004-10-1055