NOT LISTED FOR SALE

Estimated Value: $801,710

1 Bed
1 Bath
642 Sq Ft
$1,381/mo HOA Fee

Last Sold May 02, 2024

Last sale price $849,000 $1,322 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,484/month

34 Days on Market

Highlights

  • Ocean or Gulf Waterfront
  • Golf Course Community
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Custom Home

About This Home

As of May 2024

Enjoy peaceful lagoon views and healthy income from this completely remodeled Junior Suite. Sold turnkey furnished and currently in the hotel program, this unit reported over $113K+ in 2023 income. Unlike the other floors, the first floor Junior Suites in this building have 10’ ceilings. Additionally, the corner location boasts an extra-large wraparound balcony with tranquil lagoon and golf course views. It is typical to see manatees, dolphins, paddleboarders and a variety of tropical birds from the terrace. As an owner in the hotel program you are able to take advantage of the amenities offered by the 410 acre member-only Longboat Key Club while using your owner time. These include fine dining in 5 exclusive restaurants, 45 holes of Championship Golf, the award-winning Tennis Gardens, spa, fitness center, white sand beach with umbrellas & waitstaff, and a full service marina.The renovated rooms, main dining area, pool and guest services will provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award and Condé Nast Travelers Top Florida Resorts. Start enjoying your Longboat Life today!

Last Listed By

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 02/16/2024

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,895

Year Built

  • Built in 1983

Lot Details

  • Ocean or Gulf Waterfront
  • Lagoon Waterfront
  • Public Beach Waterfront
  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,381 Monthly HOA Fees

Property Views

  • Lagoon
  • Golf Course

Home Design

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

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Parking Garage Space
  • Open Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Wrap Around Porch
  • Patio

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Ami/Neil Fleet Association, Phone Number (941) 383-3200
  • Visit Association Website
  • Inn On The Beach Community
  • Inn On The Beach Ph Iii Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,895

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,381 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Directions to Property: North on Gulf of Mexico Drive from St. Armands. Left on Longboat Club Rd. Left on Sands Point Rd. First Left to 225 Sands Point Rd. Stairs or elevator to first floor on far left of building.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1322.43
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit
  • Water Frontage Feet Beach: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 4
  • Window Features: Drapes
  • Street Number Modifier: 225
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 59.64
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Wrap Around
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 3
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Gulf Ocean: 1
  • Water Frontage Feet Lagoon: 1

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf, Pool, Tennis Courts
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: AMI/Neil Fleet
  • Phone: 941-383-3200
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: 6
  • Condo Fees: 4143
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: nfleet@amiwra.com
  • Monthly Condo Fee Amount: 1381
  • Association URL: www.amiwra.com

Fee Information

  • Total Annual Fees: 16572.00
  • Total Monthly Fees: 1381.00

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043006
  • Additional Parcels: No
  • Lot Features: City Limits, Near Golf Course
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 7895
  • Tax Book Number: 21-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean, Lagoon
  • Approval Process: Application and $100 application fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 2, 2024
Sold by
Church Jennifer L Gelfand and Church Family Trust
Bought by
Sands Point One Lbk Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$849,000
Sold Price
$849,000
Total Days on Market
34
Views
20
Current Estimated Value
$801,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,290
Avg. Annual Appreciation
-5.52%

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 13, 2021
Sold by
Fp Silver Sands Llc
Bought by
Church Jennifer L Gelfand and Church Christopher D
Seller's Agent
Dennis Girard
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Sara Leicht
SARASELLSSARASOTA.COM
List Price
$599,900
Sold Price
$612,000
Premium/Discount to List
$12,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 14, 2018
Sold by
Adkins William Kyle and Adkins Tara Lee
Bought by
Fp Silver Sands Llc
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dennis Girard
PREMIER SOTHEBYS INTL REALTY
List Price
$349,000
Sold Price
$302,000
Premium/Discount to List
-$47,000
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.41%

Purchase Details

Closed on
May 1, 2017
Sold by
Carter David and Jones Lynn
Bought by
Adkins William Kyle and Adkins Tara Lee

Purchase Details

Closed on
Jul 8, 2005
Sold by
Stavin Nancy B
Bought by
Carter David and Jones Lynn

Purchase Details

Closed on
Jul 1, 2004
Sold by
Sinder Family Property Co Llc
Bought by
Stavin Nancy B and The Nancy B Stavin Restated Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 2000
Sold by
Whatmough J Jeremy T and Whatmough Myrna Jane Ferrell
Bought by
Sinder Faimly Property Co L L C

Range of Values:

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Average Value
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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
Sands Point One Lbk Llc $849,000 None Listed On Document
Church Jennifer L Gelfand $612,000 Attorney
Fp Silver Sands Llc $302,000 Attorney
Adkins William Kyle $315,000 Attorney
Carter David $410,000 --
Stavin Nancy B $230,000 --
Sinder Faimly Property Co L L C $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stavin Nancy B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $849,000 0.0% $1,322 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $849,000 +38.7% $1,322 / Sq Ft
04/13/2021 04/13/21 Sold $612,000 +2.0% $953 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $599,900 +98.6% $934 / Sq Ft
12/14/2018 12/14/18 Sold $302,000 -13.5% $472 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $349,000 -- $545 / 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 $7,895 $569,547 -- --
2023 $7,895 $614,600 $0 $614,600
2022 $6,752 $470,700 $0 $470,700
2021 $6,128 $491,100 $0 $491,100
2020 $4,008 $251,000 $0 $251,000
2019 $4,074 $262,000 $0 $262,000
2018 $3,953 $252,000 $0 $252,000
2017 $4,060 $259,545 $0 $0
2016 $3,851 $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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Source: Stellar MLS

MLS Number: A4599754

Stellar MLS

APN: 0013-04-3006