tomo logo

$1,747,000

Beds
2
Baths
2.0
sq ft
1,827

1211 Gulf Of Mexico Dr Unit 408, Longboat Key, FL 34228

1211 Gulf Of Mexico Dr Unit 408

LONGBOAT KEY, FL 34228

  • 16 days on market
Discover a comfortable elegance in this fabulous residence at the Promenade on Longboat Key overlooking the Gulf of Mexico as well as views of Sarasota Bay and the city skyline. Entry into the home reveals beautiful 5-ply engineered wood floors over a cork layer providing both comfort and quiet. The kitchen has been completely renovated with wood cabinets, quartz countertops, appliances, and lighting. The area from the kitchen to living and dining area is opened to match today's contemporary lifestyle. Residents of Promenade enjoy the convenience of on-site management, a full-service concierge team (7-days/week), secure lobby and under-building parking for both owners and guests. A complete refurbishment of the lobby, hallways, social rooms and decking has created an even more exceptional place to live in this world-class location on the beach. From the in-house staff to the full suite of amenities, every aspect is reminiscent of a fine resort complemented by southern exposure with gulf, bay and city skyline views.

Details

Property type

Condominium

Est. home value

$1,420,409

Lot size

Unknown

Price per sq ft

$957

Year built

1985

Annual property taxes

$8,359

HOA

No

Price History

12/06/2024
StellarMLS

StellarMLS #A4631601

Listed
$1,747,000
-5.57%
05/25/2024
StellarMLS

StellarMLS #A4595620

Removed
$1,850,000
04/25/2024
StellarMLS

StellarMLS #A4595620

Listed
$1,850,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool

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

Td Bank Na

Loan start date

March 2020

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving), 30 year

Seller

Morton Jay Potoff and Jeanne C Guertin Potoff

Lender

Td Bank Na

Loan start date

November 2019

Original loan amount

$372,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Morton Jay Potoff and Jeanne C Guertinpotoff

Lender

Td Bank Na

Loan start date

November 2019

Original loan amount

$372,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Morton Jay Potoff and Jeanne C Guertin Potoff

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: 12/22/2024 at 9:45 AM

Listing updated: 12/09/2024 at 8:48 AM

Listed by: Jonathan Fox, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 951-6660

MLS: StellarMLS #A4631601

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