NOT LISTED FOR SALE

225 Sands Point Rd Unit 6101 Longboat Key, FL 34228

Estimated Value: $536,027

1 Bed
1 Bath
642 Sq Ft
$708/mo HOA Fee

Last Sold August 16, 2018

Last sale price $322,500 $502 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,106/month

Highlights

  • 200 Feet of Waterfront
  • Private Beach
  • Gated Community
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • Open Floorplan

About This Home

As of August 2018

Fabulous opportunity to own a condo in a Four Diamond Resort on Longboat Key. This club suite overlooks the lagoon and you can enjoy waterfront views from your balcony. Building seven is peaceful and serene and is a short walk to the beach. This is an excellent investment with very good rental income where guests enjoy tennis, golf, spa, fitness center, and 5 onsite restaurants too! Leave the winter behind and enjoy The Inn On The Beach on Longboat Key!

Last Agent to Sell the Property

Tom Cinquegrano

MICHAEL SAUNDERS & COMPANY License #0323798 Listed on: 07/18/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Tom Cinquegrano

MICHAEL SAUNDERS & COMPANY License #0323798 Listed on: 07/18/2018

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1983

Lot Details

  • 200 Feet of Waterfront
  • Property fronts a bayou
  • Private Beach
  • End Unit
  • Northwest Facing Home
  • Well Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Full Bay or Harbor
  • Bayou

Home Design

  • Contemporary Architecture
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Thermal Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Security Gate

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • Mid-Rise Condominium
  • Inn On The Beach Ph III Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,867

Year Built

Built in 1983

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1983
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408789&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408789&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 941 308 7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 502.34
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Stories: 4
  • Window Features: Insulated Windows, Thermal Windows, Window Treatments
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Bayou
  • Water Access: Beach - Access Deeded, Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 200
  • Water Frontage Feet Bayou: 200
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pool, Sidewalk, Tennis Courts
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2125
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 708
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8500
  • Total Monthly Fees: 708.33

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043001
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Approval Process: Please see Condominium Documents for Rental Restrictions (or Guidelines)
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 3867
  • Tax Book Number: 21-7
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 16, 2018
Sold by
Romanus Anthony J and Virant Jefrey
Bought by
Esposito Steven J and Esposito Lorri P
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
List Price
$322,500
Sold Price
$322,500
Current Estimated Value
$536,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,527
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
May 2, 2005
Sold by
Buchanan Vernon G and Buchanan Sandra
Bought by
Romanus Anthony J and Virant Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2003
Sold by
Moss David H and Avens Rita A
Bought by
Buchanan Vernon G and Buchanan Sandra

Purchase Details

Closed on
Dec 1, 1999
Sold by
Mayer Martin C and Mayer Susan L
Bought by
Moss David H and Avens Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Esposito Steven J $322,500 Attorney
Romanus Anthony J $449,000 --
Buchanan Vernon G $180,000 --
Buchanan Vernon G $180,000 --
Moss David H $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romanus Anthony J $350,000
Previous Owner Moss David H $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $322,500 0.0% $502 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $322,500 -- $502 / 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 $6,933 $438,431 -- --
2023 $6,933 $633,000 $0 $633,000
2022 $5,833 $484,800 $0 $484,800
2021 $6,008 $500,900 $0 $500,900
2020 $3,814 $251,000 $0 $251,000
2019 $3,880 $262,000 $0 $262,000
2018 $3,760 $252,000 $0 $252,000
2017 $3,867 $259,545 $0 $0
2016 $3,658 $246,000 $0 $246,000
2015 $3,470 $230,000 $0 $230,000
2014 $3,071 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Cinquegrano

    Seller's Agent in 2018

    Tom Cinquegrano

    Michael Saunders

    (941) 284-5049

    7 in this area

    74 Total Sales

    Tom Cinquegrano
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Map

Source: Stellar MLS

MLS Number: A4408789

Stellar MLS

APN: 0013-04-3001

Florida Sarasota County Longboat Key 34228

225 Sands Point Rd Unit 6101, Longboat Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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