NOT LISTED FOR SALE

5393 Gulf of Mexico Dr Unit 111 Longboat Key, FL 34228

Longboat Key Neighborhood

Estimated Value: $847,015 - $1,012,000

2 Beds
2 Baths
1,300 Sq Ft
$1,078/mo HOA Fee

Last Sold April 29, 2022

Last sale price $850,000 $654 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,200/month

97 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Beach View
  • Private Beach
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • 4.97 Acre Lot

About This Home

As of April 2022

RARE OPPORTUNITY to own a Private entry; walkout to the Beachfront from this first-floor condominium. This fabulous two-bedroom, two-bath open floor plan, gulf front unit boasts an open floor plan with spacious rooms. The lovely kitchen is open to the living/dining area facing the Gulf Of Mexico. This gem of a community has 36 residences and is conveniently located across the street from several restaurants. This Is A PET-Friendly complex. The master bedroom and living room open up to a screened lanai facing the water. The heated pool is surrounded by lush greenery and flowers. The clubhouse hosts social events and boasts a fitness area. No need to drive anywhere! You will be living in paradise located mid-Longboat Key.

Last Listed By

Dia Wilson

MICHAEL SAUNDERS & COMPANY License #3234995 Listed on: 11/18/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1979

Lot Details

  • 3,000 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Private Beach
  • Public Beach
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Condo Land Included
  • Land Lease expires 3/31/22

HOA Fees

  • $1,078 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Enclosed patio or porch
  • Exterior Lighting

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, ground maintenance, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Shannon Ramirez Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Longboat Terrace Community
  • Longboat Terrace Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,848

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,078 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1300
  • Lot Size Acres: 4.97
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1488
  • Lot Size Sq Ft: 216580
  • Directions to Property: Driving from South Longboat Key Bridge, travel north to 5393 turn west, use the north entrance, the unit is located to the North of the entrance. Park in the guest parking spots.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517637?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517637?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.0625
  • Price per Sq Ft: 653.85
  • Close to Original List Price Ratio: 1.2782
  • Ratio: Current Price\Building Area Total: 571.24
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 5393
  • Room Count: 5
  • Additional Rooms: Breakfast Room Separate

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291F
  • Waterfront Frontage: 3000
  • Water Frontage Feet Beach Pub: 1000
  • Water Frontage Feet Beach Prvt: 1000
  • Water Frontage Feet Gulf Ocean: 1000
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Shannon Ramirez
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3235
  • Condo Fees Term: Quarterly
  • Association Website: lighthousepropertymanagement.com
  • Association Email: shannonramirez@mgmt.tv
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1078
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12940
  • Total Monthly Fees: 1078.33

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7991710604
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-08-10
  • Land Lease Expiration Date: 2022-03-31

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Application, Fee, Background Check.
  • Num Timesper Year: 3
  • Pet Restrictions: Size and number of pets.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 5500
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Can Only be leased twice from January to April 30th. Can be leased 3 times per calendar year.

Tax Info

  • Tax Annual Amount: 7847.95
  • Tax Book Number: 9-63
  • Tax Lot: 111

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Apr 28, 2022
Sold by
Lodge G Deidre
Bought by
Antonaccio Tony M
Seller's Agent
Dia Wilson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Heide Rand
COASTAL PROPERTIES GROUP INTERNATIONAL
List Price
$665,000
Sold Price
$850,000
Premium/Discount to List
$185,000
27.82%
Total Days on Market
97
Current Estimated Value
$921,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,254
Avg. Annual Appreciation
3.38%

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
Antonaccio Tony M $850,000 Platinum Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antonaccio Tony M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $850,000 +6.3% $654 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/09/2022 02/09/22 Price Changed $800,000 -19.6% $615 / Sq Ft
01/28/2022 01/28/22 Price Changed $995,000 +49.6% $765 / Sq Ft
01/28/2022 01/28/22 For Sale $665,000 -21.8% $512 / Sq Ft
11/23/2021 11/23/21 Off Market $850,000 -- --
11/17/2021 11/17/21 For Sale $665,000 -- $512 / 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 $11,882 $756,500 -- $756,500
2023 $11,247 $697,000 $0 $697,000
2022 $8,895 $572,250 $0 $572,250
2021 $7,848 $472,000 $0 $472,000
2020 $7,903 $450,000 $0 $450,000
2019 $7,666 $440,000 $0 $440,000
2018 $7,617 $430,000 $0 $0
2017 $8,124 $493,900 $0 $0
2016 $7,693 $465,900 $0 $0
2015 $6,202 $391,500 $0 $0
2014 $6,202 $355,980 $0 $0
2013 $5,940 $355,980 $1 $355,979
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Longboat Key, FL

  • 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
  • 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
  • 5611 Gulf of Mexico Dr Unit 5, Longboat Key, FL 34228

    $999,997

    • 3 Beds
    • 3 Baths
    • 2,200 Sq Ft
    • 5611 Gulf of Mexico Dr
    • Unit 5
    • Longboat Key, FL

    Experience the ultimate in coastal living with this stunning three-bedroom,three-bathroom Gulf-side townhouse on Longboat Key, offering partial Gulfviews and an unbeatable location just steps from the pristinesands of the Gulf of Mexico. A private boardwalk and deeded beach accesslead you directly to the warm Gulf waters, ensuring every day feels like avacation.Designed

    Geri Scheckner BRIGHT REALTY

    Section Image
  • 5125 Gulf of Mexico Dr Unit 4, Longboat Key, FL 34228

    $840,000

    • 2 Beds
    • 2 Baths
    • 961 Sq Ft
    • 5125 Gulf of Mexico Dr
    • Unit 4
    • Longboat Key, FL

    Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. This intimate, unique beachfront resort has only 8 condos and is available for daily, weekly or monthly rentals. All condos are beautifully appointed and smoke free. You will enjoy many relaxing hours on the beach where chairs are provided for you. The kitchen has stone counters and every small appliance

    Bobbie Banan MICHAEL SAUNDERS & COMPANY

    Section Image
  • 5125 Gulf of Mexico Dr Unit 7, Longboat Key, FL 34228

    $1,020,000

    • 2 Beds
    • 2 Baths
    • 961 Sq Ft
    • 5125 Gulf of Mexico Dr
    • Unit 7
    • Longboat Key, FL

    Nestled in the heart of Longboat Key, this exceptional two-bedroom, two-bathroom beachfront condo offers a rare blend of luxury, comfort, and high rental potential. Situated within the meticulously maintained Seagrape Inn, this turnkey furnished unit is an investor’s dream, boasting a potential gross annual revenue of $108,000 and a net operating income of $66,000. The Seagrape Inn's lush

    Patrick Brogley KELLER WILLIAMS ON THE WATER S

    Section Image
  • 5055 Gulf of Mexico Dr Unit 435, Longboat Key, FL 34228

    $700,000

    • 2 Beds
    • 2 Baths
    • 1,484 Sq Ft
    • 5055 Gulf of Mexico Dr
    • Unit 435
    • Longboat Key, FL

    Stunning 2-Bedroom, 2-Bathroom Condo at Club Longboat Beach & Tennis is A Perfect Longboat Key Retreat offers an expansive 1,484 SqFt of thoughtfully designed living space, this condo combines comfort, convenience, and a balcony help you unwind and enjoy the fresh coastal air. As a well-maintained residence, this home offers a welcoming, move-in ready atmosphere and provides a sanctuary where you

    Amy Jones COASTAL KEY REALTY LLC

    Section Image
  • 5055 Gulf of Mexico Dr Unit 115, Longboat Key, FL 34228

    $994,000

    • 3 Beds
    • 2 Baths
    • 1,484 Sq Ft
    • 5055 Gulf of Mexico Dr
    • Unit 115
    • Longboat Key, FL

    Discover a Rare Opportunity to Own a Spacious 3BR/2BA Residence on the Coveted Gulf Side of Longboat Key at an Exceptional Price…Set on the Ground Level of Club Longboat Beach & Tennis, One of the Island’s Most Sought-After Beachfront Communities, This 1,484sf Split-Plan Home has Been Completely Transformed to Effortless Style & Coastal Sophistication…Elegant Wide-Plank Laminate Wood Floors Flow

    William Fuller FULLER GROUP REAL ESTATE, LLC

    Section Image
  • 5757 Gulf of Mexico Dr Unit 110, Longboat Key, FL 34228

    $875,000

    • 2 Beds
    • 2 Baths
    • 1,561 Sq Ft
    • 5757 Gulf of Mexico Dr
    • Unit 110
    • Longboat Key, FL

    Absolutely breathtaking! This fully renovated Gulf-front walk-out home offers the pinnacle of luxury living on the Gulf of Mexico. Welcome to the serene community of The Shore on Longboat Key. Nearly every detail of this stunning condo has been meticulously upgraded with high-end materials and exceptional design. The expansive kitchen is a true centerpiece, perfect for both cooking and

    Jesse Griffin CENTURY 21 BEGGINS ENTERPRISES

    Section Image

Source: Stellar MLS

MLS Number: A4517637

Stellar MLS

APN: 79917-1060-4