NOT LISTED FOR SALE

3115 Gulf of Mexico Dr Unit 203 Longboat Key, FL 34228

Estimated Value: $868,000 - $1,263,000

2 Beds
2 Baths
1,153 Sq Ft
$1,526/mo HOA Fee

Last Sold March 30, 2023

Last sale price $1,000,000 $867 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,767/month

14 Days on Market

Highlights

  • 317 Feet of Ocean or Gulf Waterfront
  • Boat Dock
  • Beach Access
  • Southside Elementary School Rated A
  • Beach View
  • In Ground Pool

About This Home

As of March 2023

Want to live the total Longboat Key experience with breathtaking views of the Gulf and beach, gorgeous sunsets, a heated pool, access to private boat docks in a freshly renovated condo in a structurally updated building? Then this rare opportunity at Mark 111 may be the place for you! Located on the white sands of the Gulf of Mexico, each main living space of this 2 bed, 2 bath light and bright condo has full views of the beach. Open the sliders in each room and relax to the sounds of the waves. On the 44-foot long balcony, you will have plenty of room to entertain friends and family as you take in the soaring pelicans and each evenings’ color saturated sunsets. The kitchen and baths have been updated with quartz counters, wood cabinetry, beautiful lighting, and Koehler fixtures. Electrical, plumbing, and hurricane/turtle sliding glass doors have been updated as well as a new HVAC in 2021. You have the added convenience of an in-unit laundry room, assigned storage units, bike storage and underbuilding owner parking as well as guest parking. Boat dockage is available for owners at an annual rental in a sister building, Mark 11. And Mark 1 offers access to private pickle ball courts. Mark 111 condo fees cover everything but electricity and content insurance. Mark III is one of the few communities on Longboat Key that has been proactive in undertaking a complete structural assessment and repair/maintenance schedule of the building, which was completed in 2019. You will have peace-of-mind that the condo and building have been meticulously maintained and totally updated. And stores, post office, bank, etc, are just a quick 3 minute drive or 10 minute bike ride away. It doesn’t get better than this.

Last Listed By

Sherri Mills

MICHAEL SAUNDERS & COMPANY License #3042812 Listed on: 01/05/2023

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1974

Lot Details

  • 317 Feet of Ocean or Gulf Waterfront
  • East Facing Home

HOA Fees

  • $1,526 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Florida Architecture
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,153 Sq Ft Home
  • 4-Story Property
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Room
  • Inside Utility

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Dock made with wood
  • Balcony
  • Covered patio or porch

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, sewer, trash, water
  • Alex Mcgonigal Association, Phone Number (941) 383-3200
  • Visit Association Website
  • Mid-Rise Condominium
  • Mark Iii Condos
  • Longboat Key Yacht & Tennis Club Mark Iii Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,953

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,526 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1153
  • Lot Size Acres: 0.86
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1461
  • Lot Size Sq Ft: 37531
  • Directions to Property: From Gulf of Mexico Drive, mid-Longboat Key, look for Mark III signs on the Gulf side of the road. Parking on north side of building. Use stairs or elevator to the 2nd floor, condo is second from the north side of building.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 867.30
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • Amenities Additional Fees: Docks available for annual rentals at Mark III's sister community at Longboat Key Yacht & Tennis Club located at 4140 Gulf of Mexico Drive, Longboat Key. See MLS attachment for more information.
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 3115
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 107.12
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras: Dock - Wood
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 317
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0107F
  • Additional Water Information: Docks available for annual rentals at Mark III's sister community at Longboat Key Yacht & Tennis Club located at 4140 Gulf of Mexico Drive, Longboat Key. See MLS attachment for more information.
  • Water Frontage Feet Gulf Ocean: 317

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Under Building

Utilities

  • Utilities: Cable Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Dock, Elevator(s), Pickleball Court(s), Pool, Storage, Tennis Court(s)
  • Association Name: Alex McGonigal
  • Phone: 941-383-3200
  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: MARK III
  • Building Name Number: LONGBOAT KEY YACHT & TENNIS CL
  • Condo Fees: 4579
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: amcgonigal@amiwra.com
  • Monthly Condo Fee Amount: 1526
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.amiwra.com

Fee Information

  • Total Annual Fees: 18316.00
  • Total Monthly Fees: 1526.33

Schools

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

Lot Info

  • Zoning: R4MX
  • Parcel Number: 0005081003
  • Additional Parcels: No
  • Lot Features: FloodZone, Paved, Private
  • Lot Dimensions: 317x132
  • Flood Zone Code: VE
  • Homestead YN: 1
  • Lot Size Square Meters: 3487
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 5953
  • Tax Book Number: 8-22
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Approval required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 30, 2023
Sold by
Sharon Ray Alt Revocable Trust
Bought by
Jennifer L Ahlstrand Trust
Seller's Agent
Sherri Mills
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dia Wilson
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Total Days on Market
14
Views
32
Current Estimated Value
$1,030,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,773
Avg. Annual Appreciation
1.74%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Ray Ethyl K
Bought by
Alt Sharon Ray

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jennifer L Ahlstrand Trust $1,000,000 Wr Title Services
Alt Sharon Ray $156,000 Chicago Title
Alt Sharon Ray -- Chicago Title
Ray Ethyl K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $1,000,000 0.0% $867 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/19/2023 01/19/23 Off Market $1,000,000 -- --
01/09/2023 01/09/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $995,000 -- $863 / 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 $5,993 $854,800 -- $854,800
2023 $5,993 $466,876 $0 $0
2022 $5,953 $453,278 $0 $0
2021 $6,074 $440,076 $0 $0
2020 $6,138 $434,000 $0 $434,000
2019 $6,630 $477,800 $0 $477,800
2018 $6,661 $476,900 $0 $476,900
2017 $6,734 $476,900 $0 $476,900
2016 $6,811 $476,700 $0 $476,700
2015 $6,743 $469,900 $0 $469,900
2014 $7,132 $412,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Longboat Key, FL

  • 523 Bayport Way Unit 523, Longboat Key, FL 34228

    $865,000

    • 2 Beds
    • 2 Baths
    • 1,685 Sq Ft
    • 523 Bayport Way
    • Unit 523
    • Longboat Key, FL

    Introducing an impeccably remodeled FULLY FURNSHED residence located in the beautiful community of Bayport Beach and Tennis Club. This property can be described as extraordinary, as it showcases an exquisite blend of contemporary updates and timeless appeal. The remodeling process, which took place in 2024, has intelligently infused the home with stylish and sustainability-minded attributes. You

    Antonietta Car KELLER WILLIAMS SUBURBAN TAMPA

    Section Image
  • 1965 Gulf of Mexico Dr Unit G5405, Longboat Key, FL 34228

    $775,000

    • 2 Beds
    • 2 Baths
    • 1,068 Sq Ft
    • 1965 Gulf of Mexico Dr
    • Unit G5405
    • Longboat Key, FL

    Under contract-accepting backup offers. Welcome to your dream coastal retreat! This beautifully renovated 2-bedroom, 2-bathroom condo on the top floor of G-5 Building in Seaplace offers breathtaking Gulf and beach views from the lanai, complete with new tile floor and a ceiling fan to enjoy the sea breeze in comfort. With its beachfront location and top-floor setting featuring elevated ceilings,

    Kevin Tai PREFERRED SHORE LLC

    Section Image
  • 4600 Gulf of Mexico Dr Unit 201, Longboat Key, FL 34228

    $849,999

    • 2 Beds
    • 2 Baths
    • 1,559 Sq Ft
    • 4600 Gulf of Mexico Dr
    • Unit 201
    • Longboat Key, FL

    Exquisite Bayfront Living with Unparalleled Panoramic ViewsImmerse yourself in breathtaking day-to-night bay views from every room in this impeccably maintained 2-bedroom, 2-bathroom corner end-unit condo (1,523 SF). Boasting the largest floor plan in the community, this elevated 2nd-floor retreat, effortlessly combines elegance, comfort, and the beauty of its natural surroundings —accessible

    Oday Marogi KELLER WILLIAMS ON THE WATER S

    Section Image
  • 3235 Gulf of Mexico Dr Unit 305, Longboat Key, FL 34228

    $1,245,000

    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • 3235 Gulf of Mexico Dr
    • Unit 305
    • Longboat Key, FL

    Welcome to your own personal coastal retreat at Portobello on Longboat Key. This exquisitely furnished 2-bedroom beachfront condo spans 1,260 square feet, offering beautiful, serene Gulf views from both bedrooms and the living room. The living area seamlessly flows into a private outdoor terrace space, perfect for savoring morning coffee or breathtaking evening sunsets with the gentle sound of

    Shana Hamel NEXTHOME EXCELLENCE

    Section Image
  • 3465 Winding Oaks Dr Unit 33, Longboat Key, FL 34228

    $925,000

    • 3 Beds
    • 3 Baths
    • 2,608 Sq Ft
    • 3465 Winding Oaks Dr
    • Unit 33
    • Longboat Key, FL

    This stunning three-bedroom, three-bath villa offers a serene waterfront retreat in the desirable Winding Oaks community of Longboat Key Club. With a spacious open floor plan spanning 2,608 Sf, the maintenance-free home is bathed in natural light and features vaulted ceilings that enhance its airy feel. The inviting living/dining room combo seamlessly connects to a screened-in back deck, perfect

    Julie Klick MICHAEL SAUNDERS & COMPANY

    Section Image
  • 3460 Winding Oaks Dr Unit 38, Longboat Key, FL 34228

    $900,000

    • 3 Beds
    • 3.5 Baths
    • 2,608 Sq Ft
    • 3460 Winding Oaks Dr
    • Unit 38
    • Longboat Key, FL

    Under contract-accepting backup offers. Winding Oaks at Bay Isles is a gated community on Longboat Key, FL. Residents have access to the Bay Isles Beach Club, and there is also an optional membership to the Longboat Key Club. The community provides amenities such as a pool and tennis courts, with convenient access to the Gulf of Mexico, local dining, and shopping.

    Bruce Myer COLDWELL BANKER REALTY

    Section Image
  • 3070 Grand Bay Blvd Unit 612, Longboat Key, FL 34228

    $799,500

    • 2 Beds
    • 2 Baths
    • 1,371 Sq Ft
    • 3070 Grand Bay Blvd
    • Unit 612
    • Longboat Key, FL

    Sparkling Sarasota Bay views greet you on entering this 1st floor corner residence at Grand Bay. The Bimini floor plan offers owners a spectacular oversized wraparound terrace overlooking the Bay. This unit is uniquely situated to provide a very private location where you can enjoy the outstanding sunrise views over Sarasota Bay and the sunset views over the gardens and golf course. The home has

    Andree Huffine COLDWELL BANKER REALTY

    Section Image
  • 3070 Grand Bay Blvd Unit 632, Longboat Key, FL 34228

    $779,000

    • 2 Beds
    • 2 Baths
    • 1,276 Sq Ft
    • 3070 Grand Bay Blvd
    • Unit 632
    • Longboat Key, FL

    Move in ready and beautifully updated two bedroom two bath Bimini model in Grand Bay nestled within the secure gated enclave of Bay Isles. Located on the third living level of the four level over parking building 6, you will enjoy panoramic views of Sarasota Bay as you gaze out from your almost 400 foot wrap around terrace. This particular condo has been tastefully updated with new HVAC with

    Richard Perlman MICHAEL SAUNDERS & COMPANY

    Section Image
  • 2295 Gulf of Mexico Dr Unit 115, Longboat Key, FL 34228

    $1,025,000

    • 2 Beds
    • 2 Baths
    • 1,235 Sq Ft
    • 2295 Gulf of Mexico Dr
    • Unit 115
    • Longboat Key, FL

    Wonderful “Manhattan Style” beachfront condo with sweeping views of Sarasota Bay and views of the Gulf now available at the popular Islander Club on LBK. This gorgeous beachfront renovation was completed 4 years ago and truly shows all the craftmanship that went into the process under the owner’s direction. Open kitchen brings the morning light into the room for enjoying your coffee or tea as you

    Michael Nink, PA MICHAEL SAUNDERS & COMPANY

    Section Image

Source: Stellar MLS

MLS Number: A4555268

Stellar MLS

APN: 0005-08-1003