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$250,000

Beds
2
Baths
2.0
sq ft
1,327

699 El Centro Unit 699, Longboat Key, FL 34228

699 El Centro Unit 699

LONGBOAT KEY, FL 34228

  • 1 day on market
Short Sale. Opportunity of a life time in Spanish Main! This waterfront 2-bed, 2-bath condo in Spanish Main Yacht Club is a rare opportunity to own well below market value. Located on Longboat Key, this stand-alone condo has marina and private beach access just steps away. The best part? Brand-new cabinets and countertops are already included—just install them and bring your vision to life! The unit has been mitigated for storm damage and purchase includes new electrical outlets, a new entry door, and fresh drywall ready for paint and finishing (FEMA approved). This spacious open-concept home includes a Florida room with marina and Sarasota Bay views, a primary suite with an en-suite bath, and a bonus room perfect for a den or office. Hurricane impact windows let in natural light and frame stunning sunrises over the water. Spanish Main Yacht Club is a vibrant 55+ community with a private marina, low-cost boat slips, kayak racks, a clubhouse with social activities, a heated pool, and shuffleboard courts. Plus, you’re minutes from St. Armand’s Circle, Anna Maria Island, and top-rated Gulf Coast beaches. See the before pictures to appreciate this condo’s incredible potential! Seller says bring offers now—don’t miss out on this waterfront gem! ?? Schedule your showing today!

Details

Property type

Condominium

Est. home value

$490,585

Lot size

25.24 acres

Price per sq ft

$189

Year built

1969

Annual property taxes

$6,828.46

Monthly HOA fee

$1,340

Price History

02/21/2025
StellarMLS

StellarMLS #A4640904

Listed
$250,000
-34.55%
04/05/2021
StellarMLS

StellarMLS #A4493582

Sold
$382,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

Summit Cu

Loan start date

October 2023

Original loan amount

$430,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Credit Line (Revolving), 30 year

Seller

Nancy Steger

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: 02/22/2025 at 6:25 PM

Listing updated: 02/22/2025 at 6:55 AM

Listed by: Geoff Scalera, AUM FLORIDA REAL ESTATE LLC Phone #: (855) 286-3573

MLS: StellarMLS #A4640904

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