$1,225,000
SOLD OCT 16, 2017

210 Sands Point Rd Unit 2601 Longboat Key, FL 34228

2 Beds
2 Baths
1,380 Sq Ft
$984/mo HOA Fee

Recently Sold

$888 Per Sq Ft

6% Below List Price

178 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Heated Spa

About This Home

As of July 2021

This rarely available corner 2 bed/2 bath lock-out unit with extra square footage in Building 2 overlooks the Gulf of Mexico offering spectacular views from every room. The 2016 gross annual income was over $161,000+. This extraordinary resort is a condominium-hotel offering buyers attractive rental possibilities and the lock-out feature typically generates the most revenue. Inn on the Beach is located behind the prestigious gates of the members only Longboat Key Club just off the mainland of Sarasota. You may choose to participate in the Ownership Rental Program or use it as your very own vacation paradise. By joining the rental program, you will be entitled to the use of the amenities at The Resort at Longboat Key Club and you and your guests will be pampered with fine dining, golf, tennis, spa, fitness center, children's camp, club concierge, maid service and friendly staff to make your vacation a memorable one.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 03/20/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 03/20/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,304

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • 600 Feet of Ocean or Gulf Waterfront
  • 600 Feet of Public Beach Waterfront
  • Public Beach

HOA Fees

  • $984 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,380 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Water Access
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0013041053

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, private road, sewer, trash, water
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • The community has rules related to deed restrictions
  • 10-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,304

Year Built

Built in 1982

Lot Details

0

HOA Fees

$984 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1380
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1380
  • Directions to Property: From St. Armands head north to Gulf of Mexico Drive. Left on Longboat Club Road, left on Sands Point Road, right into Resort. Building 2 is to the left of main entrance lobby.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 887.68
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit,High Rise
  • Attribution Contact: 941-383-7591
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Elevator, Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 210
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer
  • Living Area Meters: 128.21
  • Room Count: 4

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Public
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Gulf Ocean: 600
  • Water Frontage Feet Beach Pub: 600

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Spa/Hot Tub, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 2
  • Condo Fees: 2952
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 984

Fee Information

  • Total Annual Fees: 11808.00
  • Total Monthly Fees: 984.00

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041053
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo docs.

Tax Info

  • Tax Annual Amount: 13304
  • Tax Book Number: 19-13
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean
  • Approval Process: See condo docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 7, 2021
Sold by
Lcp Longboat Llc
Bought by
Suter Owen E and Suter Deborah D
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,213,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,596
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Oct 16, 2017
Sold by
Ed R Bentley Enterprises Inc
Bought by
Lcp Longboat Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Maier Joseph and Maier Irene B
Bought by
Ed R Bentley Ent Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.91%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 Attorney
Warranty Deed $1,225,000 Attorney
Deed $640,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $840,000 New Conventional
Previous Owner $210,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $1,750,000 0.0% $1,268 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,750,000 +42.9% $1,268 / Sq Ft
08/17/2018 08/17/18 Off Market $1,225,000 -- --
10/16/2017 10/16/17 Sold $1,225,000 -5.7% $888 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $1,299,000 -- $941 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,786 $1,471,965 -- --
2023 $19,786 $1,588,500 $0 $1,588,500
2022 $16,833 $1,216,500 $0 $1,216,500
2021 $16,414 $1,174,400 $0 $1,174,400
2020 $13,040 $870,000 $0 $870,000
2019 $13,281 $909,000 $0 $909,000
2018 $13,243 $900,000 $0 $900,000
2017 $13,816 $928,000 $0 $928,000
2016 $13,304 $876,000 $0 $876,000
2015 $12,789 $819,000 $0 $819,000
2014 $12,530 $717,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4181396

Stellar MLS

APN: 0013-04-1053