Seller's Agent in 2024
Derek Patti
NEXTHOME EXCELLENCE
(407) 267-4398
80 Total Sales
2850 Gulf of Mexico Dr Unit 8 Longboat Key, FL 34228
Estimated Value: $431,825
1
Bed
1
Bath
657
Sq Ft
$500/mo
HOA Fee
Highlights
- Water Views
- Den
- High Impact Windows
- Southside Elementary School Rated A
- Covered patio or porch
- Crown Molding
About This Home
As of February 2024Discover this charming INCOME PRODUCING gem nestled on Longboat Key! Located moments from the gorgeous beach & Gulf of Mexico water, this rarely available 1-bedroom, 1-bathroom condo offers an exceptional coastal living experience with breathtaking Gulf views from its second-floor perch, a sight that truly must be seen in person to fully appreciate. Enjoy unbelievable sunsets regularly with the pristine beach just steps away, accessible via the public beach access point across the street. Revel in the tranquility of crystal-clear waters and the soft, inviting sand beneath your toes, all without the bustling crowds often found at other nearby beaches. Inside, this condo boasts a range of desirable features, including HURRICANE WINDOWS AND SLIDERS for peace of mind, a NEW A/C system installed in 2021, a freshly painted interior, a NEW dishwasher, and WiFi thermostat. The spacious bedroom offers a peaceful retreat with access to a private balcony and a convenient owner's closet. You'll find a cozy living room, perfect for relaxation, as well as a versatile study or office space, and fully equipped kitchen perfect for preparing your favorite meals. Nestled in the heart of mid-Longboat Key, this condo offers convenience at its best, just steps away from Publix and CVS, ensuring that all your daily necessities are easily accessible, simplifying life on the Key. Whether you seek a permanent residence or a vacation retreat, this condo is the perfect fit for a beachside lifestyle. Schedule your showing today and seize the opportunity to make this beachfront haven your very own!
Last Listed By
NEXTHOME EXCELLENCE Brokerage Phone: 941-893-4505 License #3281087 Listed on: 04/06/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,005
Year Built
- Built in 1967
Lot Details
- Northeast Facing Home
HOA Fees
- $500 Monthly HOA Fees
Property Views
- Water
- Garden
Home Design
- Turnkey
- Slab Foundation
- Built-Up Roof
- Block Exterior
Interior Spaces
- 657 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- Blinds
- Drapes & Rods
- Sliding Doors
- Combination Dining and Living Room
- Den
- Ceramic Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- Ground Level Parking
- Open Parking
Outdoor Features
- Covered patio or porch
- Private Mailbox
Location
- Flood Zone Lot
- Property is near a golf course
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 8
- Assessor Parcel Number 0005164008
Community Details
Overview
- Association fees include cable TV, common area taxes, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
- Nancy Goble Association
- Mid-Rise Condominium
- Neptune On Longboat Key Community
- Neptune On Longboat Key Subdivision
Pet Policy
- Pets up to 101 lbs
- 2 Pets Allowed
Security
- High Impact Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2023
Closed on
Feb 5, 2024
Sold by
Treat Eric J and Treat Kristin M
Bought by
Biolley Pamela Jean and Foster Timberlake
Seller's Agent
Derek Patti
NEXTHOME EXCELLENCE
Buyer's Agent
Derek Patti
NEXTHOME EXCELLENCE
List Price
$539,900
Sold Price
$420,000
Premium/Discount to List
-$119,900
-22.21%
Total Days on Market
215
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,825
Avg. Annual Appreciation
-1.87%
Purchase Details
Listed on
May 4, 2021
Closed on
Jun 23, 2021
Sold by
Cieslak Matthew F and Cieslak Bernadette R
Bought by
Treat Eric J and Treat Kristin M
Seller's Agent
Scott Fader
JOSEPH WALTER REALTY LLC
Buyer's Agent
Derek Patti
NEXTHOME EXCELLENCE
List Price
$354,900
Sold Price
$352,000
Premium/Discount to List
-$2,900
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$264,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cieslak Matthew F and Cieslak Bernadette R
Purchase Details
Closed on
Jan 12, 2010
Sold by
Onewest Bank Fsb
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Dec 2, 2009
Sold by
Barberio Daniel J
Bought by
Indymac Federal Bank Fsb
Purchase Details
Closed on
May 12, 2005
Sold by
Neptune Condominium Developers Llc
Bought by
Barberio Daniel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,900
Interest Rate
9.02%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Biolley Pamela Jean | $420,000 | None Listed On Document | |
| Treat Eric J | $352,000 | Attorney | |
| Cieslak Matthew F | $117,300 | Attorney | |
| Federal Home Loan Mortgage Corp | -- | Attorney | |
| Indymac Federal Bank Fsb | $56,001 | Attorney | |
| Barberio Daniel J | $279,900 | Desjarlais Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Treat Eric J | $264,000 | |
| Previous Owner | Barbario Daniel J | $248,500 | |
| Previous Owner | Barberio Daniel J | $237,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $420,000 | -10.6% | $639 / Sq Ft |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 10/04/2023 10/04/23 | Price Changed | $470,000 | -4.1% | $715 / Sq Ft |
| 08/07/2023 08/07/23 | Price Changed | $489,900 | -2.0% | $746 / Sq Ft |
| 06/05/2023 06/05/23 | Price Changed | $500,000 | -3.8% | $761 / Sq Ft |
| 05/02/2023 05/02/23 | Price Changed | $519,900 | -3.7% | $791 / Sq Ft |
| 04/06/2023 04/06/23 | For Sale | $539,900 | +53.4% | $822 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $352,000 | -0.8% | $536 / Sq Ft |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/03/2021 05/03/21 | For Sale | $354,900 | -- | $540 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,315 | $318,600 | -- | $318,600 |
| 2023 | $4,315 | $330,000 | $0 | $330,000 |
| 2022 | $4,005 | $302,400 | $0 | $302,400 |
| 2021 | $2,706 | $194,900 | $0 | $194,900 |
| 2020 | $2,460 | $173,300 | $0 | $173,300 |
| 2019 | $2,451 | $187,400 | $0 | $187,400 |
| 2018 | $2,071 | $146,800 | $0 | $146,800 |
| 2017 | $2,067 | $137,918 | $0 | $0 |
| 2016 | $1,917 | $136,800 | $0 | $136,800 |
| 2015 | $1,852 | $132,400 | $0 | $132,400 |
| 2014 | $1,745 | $94,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Patti
-
Scott Fader
Seller's Agent in 2021
Scott Fader
JOSEPH WALTER REALTY LLC
(248) 390-8242
2,424 Total Sales
Map
Similar Homes in Longboat Key, FL
Source: Stellar MLS
MLS Number: A4566489
APN: 0005-16-4008
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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