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$938,750

Beds
2
Baths
2.0
sq ft
1,409

1000 Longboat Club Rd Unit 304, Longboat Key, FL 34228

1000 Longboat Club Rd Unit 304

LONGBOAT KEY, FL 34228

  • <1 day on market
This two-bedroom, two bathroom unit in Privateer South has 1,409 square feet and unobstructed angle gulf views from the side balcony on the northeast corner of the building. The balcony was totally refurbished in December of 2024. There is also a large balcony 4 x 12 off the primary bedroom and a 5 x 6 dressing vanity off the Primary Bathroom. The HVAC system was new in 2018 and had a new coil installed this past week. Terry's Air Conditioning Company services all the unit systems quarterly, which is included in each unit's maintenance fees. All new carpet in 2023. All new hurricane windows and sliding glass doors from 2021 to 2023. A new microwave in 2021, new Bosch dishwasher in 2019. New hot water heater, new refrigerator, and new oven/range all in 2018. There is a 3 x 6 hall closet in the unit entry way for extra in-unit storage. This single retired gentleman lives alone and this turnkey-furnished unit is in excellent move-in condition with blackout shades in both bedrooms. This unit has common laundry in the hallway next to the unit and a storage cage in the hallway close to the unit. The deeded, covered carport parking is #57 on the right side and there is ample parking for guests and a second vehicle. The utilities are inexpensive, FPL $60 and Internet $47 monthly. The interior insurance costs $861 annually. Privateer South is a gated community directly on the beach with a community pool, spa, social room, catering Kitchen, fitness center, bicycle storage room, golf club storage room, and two guest suites. Just outside the community room us a new Paver patio with tables and chairs for dining and relaxing. Two new Webber Grills will be added for cooking very soon. There is an on-site full time Manager and technical director. Privateer South only has five full time residents year round. The other 56 unit owners are seasonal or part time. There are no pets allowed on property and a unit owner cannot rent prior to three years of ownership. After that, there is a waiting list and a three-month minimum.

Details

Property type

Condominium

Est. home value

$896,723

Lot size

1.92 acres

Price per sq ft

$667

Year built

1972

Annual property taxes

$3,861.61

HOA

No

Price History

01/23/2025
StellarMLS

StellarMLS #A4637137

Listed
$938,750
+128.96%
12/13/2019
StellarMLS

StellarMLS #A4450310

Sold
$410,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Brookside Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$593,963
Asking price
$938,750
Closing costs (~8% of asking)
-$75,100
Est. remaining loan balance
-$269,687
Cash to seller
$593,963

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2019

Original loan amount

$300,000

Est. remaining balance

$269,687

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Ashraf Nour

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/23/2025 at 7:50 PM

Listing updated: 01/23/2025 at 4:39 PM

Listed by: Andrew Vac, RE/MAX ALLIANCE GROUP Phone #: (941) 954-5454

MLS: StellarMLS #A4637137

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