4485 Gulf Of Mexico Drive, Unit 402, Longboat Key, FL 34228

$698,765
  • 4485 Gulf Of Mexico Drive, Unit 402, Longboat Key, FL 34228 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,022 MLS#N6146025
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONARBOMAR

Property Description

Virtually Staged. Auction Property. Auction Property. This Beachfront Condominium will be sold at an Online Auction October 29 ~ November 4. 4485 GULF OF MEXICO DR, #402, LONGBOAT KEY, FL. This is a 2 Bedroom, 2 Bathroom Condominium with stunning views of the brilliant Gulf from every room and immediate beach access on Longboat Key. Arbomar Owners enjoy a heated beachfront pool, fitness center, and a welcoming well-maintained community with private coded access and an elevator. All special assessments will be paid in full by the seller at closing, eliminating future capital expense concerns for the buyer.The residence features a bright, open layout designed to capture stunning water views and coastal breezes. Significant recent improvements provide exceptional value and peace of mind, including a new roof, new balconies and walkways with diamond coating, updated carports, and new doors and impact-rated windows throughout the community. Inside, the home is ready for you to add your own flair. Ideal for full-time living, a seasonal retreat, or an income-producing beach getaway. This condo has a community washer and dryer just outside the front door, but also has a space where one could be installed inside. There are also accordion storm shutters on the balcony for extra security. It comes with one dedicated covered parking spot and extra storage space downstairs.The amenities includes 24 hour security, pavered parking and entrance, elevators, a glistening resort style swimming pool, recreation clubhouse, shuffleboard, and fitness center.Perfectly positioned on Longboat Key, Arbomar is just minutes from St. Armands Circle, Sarasota's dining and cultural attractions and world-class golf, and just a short trip to the Sarasota International Airport. Experience the luxury of Florida living with panoramic Gulf views and stunning sunsets every day.The condo is approx. 1175 Square Feet and this building has cell phone towers on the roof that generate significant income for the association. With low maintenance fees and a great rental policy. The Milestone study and SIRS are completed and any past fees will be brought up to date at closing. This sale will come with a Warranty Deed ensuring that all taxes and condominium fees are current.This property will only be sold at Auction. ANY price in any listing or advertisement is for reference only, the selling price will be determined at auction. There is NO starting bid, you may bid any amount.

4485 Gulf Of Mexico Drive, Unit 402 | MLS# N6146025

This condo located at 4485 Gulf Of Mexico Drive, Unit 402, Longboat Key, FL 34228 is currently listed for sale with an asking price of $698,765. This property was built in 1973 and has 2 bedrooms and 2 full baths with 1022 sq. ft. Gulf Of Mexico Drive, Unit 402 is located in the ARBOMAR subdivision. Search ARBOMAR real estate on www.floridaexecutiverealty.com today.

Upcoming Open Houses

Open House Saturday October 3rd, 1:00pm - 4:00pm
Open House Saturday October 10th, 1:00pm - 4:00pm

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Roof Type: Built-Up
Stories: 9.0
Taxes: $4,280
Year Built: 1973

Amenities

Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Walk-In Closet(s)
Balcony
Lighting

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Body of Water: GULF OF MEXICO
Community Features: Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Directions: Heading North on Longboat Key from St Armands the property is on the west side of the road.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile, Laminate
Foundation: Slab
Frontage Gulf Ocean: 195
HOA Fee: 4000/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Ownership: Fee Simple
Parking: Common, Covered, Ground Level, Guest, Reserved
Parking Notes: Common, Covered, Ground Level, Guest, Reserved
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Fire Alarm
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent 2,Call Before Showing, No Lockbox, Other, See Remarks, ShowingTime
Special Sale Provisions: Auction
Special View Info: Water
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access: Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
Zoning: R3MX

Listed By / Shown By

Listed By

Agency Name: NEAL VAN DE REE & ASSOCIATES
Agency Contact: 941-488-1500

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 2,115.62 per month $1,555.15 Principal & Interest $356.67 Property Tax $203.81 Homeowner's Insurance

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