NOT LISTED FOR SALE

225 Sands Point Rd Unit 6104 Longboat Key, FL 34228

Estimated Value: $650,983

1 Bed
1 Bath
642 Sq Ft
$735/mo HOA Fee

Last Sold November 19, 2021

Last sale price $595,000 $927 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,795/month

114 Days on Market

Highlights

  • 464 Feet of Waterfront
  • Golf Course Community
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

As of November 2021

Delight in remarkable water views from building six, complemented by the potential for exceptional rental income in this turnkey furnished junior suite set behind the gates of the Resort at Longboat Key Club – a longstanding AAA Four-Diamond Resort. Currently in the hotel program and reporting over $62K in 2018 rental income, this newly renovated and refurbished retreat is resplendent with tropical charm and enhanced by the myriad of amenities provided by this world-class, sun-drenched resort community to fill every day with relaxation, recreation and fine living, including gourmet dining, 45 holes of championship golf, tennis courts, spa/wellness center, full-service marina and staff on-call. Enjoy convenience to the shops and restaurants of St. Armands Circle as well as all the vibrant attractions in downtown Sarasota, just a short drive away.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 06/30/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 06/30/2021

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 1983

Lot Details

  • Home fronts a lagoon or estuary
  • 464 Feet of Waterfront
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $735 Monthly HOA Fees

Property Views

  • Lagoon
  • Garden

Home Design

  • Custom Home
  • Elevated Home
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Parking Garage Space
  • Open Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Gabriella Barone Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph III Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,741

Year Built

Built in 1983

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 642
  • Lot Size Acres: 1.76
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Lot Size Sq Ft: 76678
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505298?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505298?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Subdivision Num: 7762
  • Property Description: Elevated, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.99332
  • Price per Sq Ft: 926.79
  • Close to Original List Price Ratio: 0.952
  • Ratio: Current Price\Building Area Total: 926.79
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Drapes
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: New Pass Lagoon
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Other
  • Water View: Lagoon
  • Water Access: Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 464
  • Water Frontage Feet Lagoon: 464
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Open, Under Building
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Sauna, Tennis Court(s)
  • Association Name: Gabriella Barone
  • Phone: 941-460-5560
  • Association: No
  • Senior Community: No
  • Condo Fees: 2205
  • Condo Fees Term: Quarterly
  • Association Website: www.lighthousepropertymanagement.net
  • Association Email: gabebarone@mgmt.tv
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 735
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8820
  • Total Monthly Fees: 735

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043004
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Near Marina, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: See Condo Docs
  • Num Timesper Year: 365
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 3740.96
  • Tax Book Number: 21-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Nov 19, 2021
Sold by
Bailly Peter R
Bought by
Miyaja Investments Llc
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Current Estimated Value
$650,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,983
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Dec 30, 1993
Sold by
F N R Inn
Bought by
Bailly Peter R
Source: Public Records

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 Buyer Sale Price Title Company
Miyaja Investments Llc $595,000 Attorney
Bailly Peter R $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $595,000 -0.7% $927 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $599,000 -4.2% $933 / Sq Ft
08/19/2021 08/19/21 For Sale $625,000 0.0% $974 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $625,000 -- $974 / 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 $7,627 $569,547 -- --
2023 $7,627 $614,600 $0 $614,600
2022 $6,485 $470,700 $0 $470,700
2021 $5,861 $491,100 $0 $491,100
2020 $3,741 $251,000 $0 $251,000
2019 $3,807 $262,000 $0 $262,000
2018 $3,688 $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

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Map

Source: Stellar MLS

MLS Number: A4505298

Stellar MLS

APN: 0013-04-3004