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Sold for $712,000
  • $712,000

    4540 GULF OF MEXICO DRIVE #205, LONGBOAT KEY, FL 34228

    2beds
    1,325sqft
    Condominium
    Built in 1975
    -- sqft lot
    $647,700 Zestimate®
    $537/sqft
    $7,826 Estimated rent

    Home value

    $647,700

    $589,000 - $712,000

    $7,826/mo

    Zestimate® history
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    What's special

    HUGE PRICE REDUCTION PLUS THE SELLER HAS PREPAID ALL THE 2024 HOA FEES AND SPECIAL ASSESSMENTS IN FULL!!! ALSO THIS COMMUNITY IS ELIGIBLE FOR non-FNMA FINANCING! Entering this cheery and bright water view FURNISHED condo, you are greeted by a gorgeous, unique open floor plan. With gleaming 24” porcelain tile laid on the diagonal and flowing seamlessly throughout the entire home, the living space and views have been maximized to show off the beauty of Sarasota Bay and the Mangrove Preserve. An entire wall has been dedicated to over 30’ of windows. It is truly like having a front row seat to Mother Nature. The floor plan has been reengineered to create an open and airy great room and split bedroom plan. The Owner’s Retreat is nestled at the far end of the residence and includes a spacious walk-in closet plus ensuite bathroom with double bowl vanity and custom glass enclosed shower. The Guest Bedroom is tucked away on the other side of the home and can do double duty as a home office or second lounging space. An extra bonus is a fun and creative twin bed sleeping space for the kiddos adjacent to the Owner's Retreat. The home was fully renovated down to the studs in 2016 including new wiring, new plumbing, recessed lighting, new HVAC, Bosch stackable W/D, and PGT hurricane impact, low-E windows. The finishes are tasteful and high quality with espresso cabinetry, granite counters, oil rubbed bronze hardware and stainless appliances. The monthly HOA fee of $1303 includes the cost of your insurances (flood/hurricane/hazard), exterior maintenance, landscaping, CATV, sewer, water, trash, rec facilities and a contribution to the reserves account – great peace of mind knowing this community takes care of itself! The community has also passed its Milestone Integrity Study and is certified for another ten years. For the water enthusiast, there are first come boat slips available for lease and lifts are allowed. Slips are $45/month or $50/month if with an owner supplied lift. Slips can accommodate an up to 30' boat or personal watercraft. Fido and Fifi will love it here also as two pets (max weight of 75 pounds) are allowed, even for tenants. Windward Bay is amenities rich with 3 beach accesses, 2 heated pools (one is good for laps), tennis, pickle ball, fitness center, sauna, bike racks, kayak storage & launches ($35/year), clubhouse, 2 marinas, 2 fish cleaning stations, BBQ grills, fire pit, outdoor dining tables, 1/2 mile of walking paths and on-site professional management. FOR THOSE SEEKING RENTAL INCOME, THIS COMMUNITY IS A RELIABLE PRODUCER DUE TO ITS LOCATION AND AMENITIES. RENTALS ARE ALLOWED IMMEDIATELY UPON OWNERSHIP WITH A ONE MONTH MINIMUM LEASE UP TO TWICE PER YEAR. When you want to explore outside this oasis, Windward Bay has easy access to the restaurants, cultural events and shopping of downtown Sarasota and St. Armands Circle along with professional marinas and championship golf nearby.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eileen Gillen, PLL 941-993-0370,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Kathy Callahan, 3359516

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4601556MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room, Utility Room, Storage Rooms
    Primary bedroom
    • Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Granite Counters, Walk-In Closet(s)
    • Level: First
    • Dimensions: 15x12
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 10x9
    Great room
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 22x19
    Kitchen
    • Features: Built-in Features, Granite Counters, Kitchen Island
    • Level: First
    • Dimensions: 23x14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Porcelain Tile
    • Windows: ENERGY STAR Qualified Windows, Storm Window(s), Insulated Windows, Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 1,325
    • Total interior livable area: 1,325 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Ground Level, Guest, Open, Under Building
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Storage, Tennis Court(s)
    • Pool features: Child Safety Fence, Gunite, Heated, In Ground, Lap, Lighting
    • Has view: Yes
    • View description: Park/Greenbelt, Water, Bay/Harbor - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial
    • Waterfront features: Bay/Harbor Front, Canal Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Beach Access, Saltwater Canal Access, Gulf/Ocean Access, Intracoastal Waterway Access, Marina Access, Bridges - No Fixed Bridges, Fishing Pier, Lift, Sailboat Water, Seawall
    • Body of water: SARASOTA BAY
    Lot
    • Size: 26 Acres
    • Features: City Lot, In County, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
    • Residential vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Storage, Tennis Court(s)
    • Parcel number: 8007914859
    • Zoning: R4MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
    Green energy
    • Water conservation: Irrigation-Reclaimed Water, Fl. Friendly/Native Landscape

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Boat Slip, Canal Front, Dock, Fishing, Intracoastal Waterway, Marina, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Park, Pool, Sidewalks
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: WINDWARD BAY
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,303 monthly
    • HOA name: Meryem Billaouadil
    • HOA phone: 941-383-3571
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $537/sqft
    • Tax assessed value: $599,250
    • Annual tax amount: $10,101
    • Date on market: 2/29/2024
    • Cumulative days on market: 198 days
    • Listing terms: Cash,Other,Special Funding
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    10/4/2024Sold$712,000-4.9%$537/sqft
    Source: Stellar MLS #A4601556 Report a problem
    9/18/2024Pending sale$749,000$565/sqft
    Source: Stellar MLS #A4601556 Report a problem
    6/26/2024Price change$749,000-5.8%$565/sqft
    Source: Stellar MLS #A4601556 Report a problem
    5/18/2024Price change$795,000-7.6%$600/sqft
    Source: Stellar MLS #A4601556 Report a problem
    2/29/2024Listed for sale$860,000+13.2%$649/sqft
    Source: Stellar MLS #A4601556 Report a problem
    2/27/2024Listing removed$760,000-12.1%$574/sqft
    Source: Stellar MLS #A4514054 Report a problem
    11/2/2022Listing removed--
    Source: Stellar MLS #A4548845 Report a problem
    9/24/2022Listed for sale$865,000+16.9%$653/sqft
    Source: Stellar MLS #A4548845 Report a problem
    11/12/2021Sold$740,000-2.6%$558/sqft
    Source: Public Record Report a problem
    10/13/2021Pending sale$760,000$574/sqft
    Source: Stellar MLS #A4514054 Report a problem
    10/3/2021Listed for sale$760,000+83.1%$574/sqft
    Source: Stellar MLS #A4514054 Report a problem
    8/11/2016Sold$415,000+52.3%$313/sqft
    Source: Public Record Report a problem
    1/11/2016Sold$272,500-16.2%$206/sqft
    Source: Public Record Report a problem
    12/3/2015Listed for sale$325,000$245/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4138302 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,152 -14.6%$599,250 -10.2%
    2024$10,718 +6.1%$667,013 +10%
    2023$10,101 +15.2%$606,375 +10%
    2022$8,771 +77.1%$551,250 +67%
    2021$4,951 -0.9%$330,000
    2020$4,995 -1.9%$330,000 +11.9%
    2019$5,092 $295,000 -6.3%
    2018$5,092 -7.2%$315,000 +1.5%
    2017$5,487 +232.3%$310,350 +22%
    2016$1,651 $254,400 +83.7%
    2015$1,651 $138,493 +0.8%
    2014$1,651 +2.3%$137,394 +1.5%
    2013$1,614 +161272%$135,364 +1.7%
    2012$1 $133,101 +3%
    2011$1 $129,224 +1.5%
    2010-- $127,314 +2.7%
    2009$1,406 -15.1%$123,967 +0.1%
    2008$1,656 +6.2%$123,843 +3%
    2007$1,559 -3.4%$120,236 +2.5%
    2006$1,614 +0.2%$117,303 +3%
    2005$1,611 +1.9%$113,886 +3%
    2004$1,582 -1%$110,569 +1.9%
    2003$1,597 +1.3%$108,507 +2.4%
    2002$1,576 +1.7%$105,964 +1.6%
    2001$1,550 +1.9%$104,295 +3%
    2000$1,521 $101,257
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $647,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $647,700