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$2,299,000

Beds
2
Baths
2.0
sq ft
1,598

1211 Gulf Of Mexico Dr Unit 205, Longboat Key, FL 34228

1211 Gulf Of Mexico Dr Unit 205

LONGBOAT KEY, FL 34228

  • 153 days on market
    • Price drop $26,000↓
Amazing opportunity to own a completely renovated two bedroom two bath condo at the sought after Gulf side condominium Promenade. This spacious condo has been taken down to the studs and custom redone with designer finishes. The bright kitchen features top of the line Subzero and Wolf appliances plus a Subzero wine refrigerator. The condo features an open floorplan from the main living area which seamlessly flows to the kitchen where you have a bar for dining. Custom cabinets plus natural quartzite countertops highlight the kitchen. The bathrooms are all refinished with the latest Kohler fixtures and finishes. All windows and doors are new in 2024 plus the floors are gorgeous engineered wood and porcelain tile. There is a terrace adjacent to the living room and master bedroom accessed through sliding glass doors that offers excellent outdoor enjoyment and views of the Gulf of Mexico, gorgeous beach plus wildlife. Promenade amenities include a 24 hour guard gate, 4 har tru tennis courts, exercise gym plus an on-site office. The Gulfside pool and spa has ample seating for enjoying the serene surroundings and lush landscaping. This condo has garage parking with ample room plus a storage area. The condo is being sold fully furnished.

Details

Property type

Condominium

Est. home value

$1,078,664

Lot size

Unknown

Price per sq ft

$1,439

Year built

1985

Annual property taxes

$9,989.32

Monthly HOA fee

$2,158.33

Price History

07/31/2024
StellarMLS

StellarMLS #A4607611

Price change
$2,299,000
-1.12%
06/11/2024
StellarMLS

StellarMLS #A4607611

Price change
$2,325,000
-0.21%
04/19/2024
StellarMLS

StellarMLS #A4607611

Listed
$2,330,000
+125.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

Seller’s Loan History

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

Lender

U S Mortgage & Lending Gr Oup

Loan start date

October 2003

Original loan amount

$276,500

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

New Conventional

Seller

Robert Foster and Betty L Foster

Lender

G H S Mtg L L C

Loan start date

April 2001

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

7.01%

Loan type

Not Provided

Seller

Robert A Foster and Betty L Foster

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?

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Status: Active

Tomo last checked: 09/19/2024 at 12:40 PM

Listing updated: 07/31/2024 at 12:32 PM

Listed by: Reid Murphy, DEVELOPERS REALTY LBK, INC Phone #: (941) 799-9096

MLS: StellarMLS #A4607611

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