NOT LISTED FOR SALE

225 Sands Point Rd Unit 6204 Longboat Key, FL 34228

Estimated Value: $650,926

1 Bed
1.5 Baths
642 Sq Ft
$958/mo HOA Fee

Last Sold December 15, 2014

Last sale price $283,000 $441 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,953/month

393 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Private Beach
  • Lagoon View
  • Southside Elementary School Rated A
  • Heated Indoor Pool
  • 1.75 Acre Lot

About This Home

As of December 2014

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 $112K+ in 2023 income. Unlike other buildings, the Junior Suites in this building have 10’ ceilings. 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 provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award and Conde Nast Travelers Top Florida Resorts. Start enjoying your Longboat Life today! The 2024 income is $103+K, which includes several weeks of downtime due to the hurricanes.

Last Agent to Sell the Property

Terri Derr

MICHAEL SAUNDERS & COMPANY License #0197961 Listed on: 10/14/2013

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Rita Holbrook

MICHAEL SAUNDERS & COMPANY License #3243166

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1983

Lot Details

  • 1,200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Private Beach
  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Stem Wall Foundation
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Lagoon Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Breezeway

Location

  • Flood Zone Lot

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

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph III Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,850

Year Built

Built in 1983

Lot Details

0

HOA Fees

$958 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 642
  • Lot Size Acres: 1.75
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Lot Size Sq Ft: 76162
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985969&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985969&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7762
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.86018
  • Price per Sq Ft: 440.81
  • Close to Original List Price Ratio: 0.81089
  • Ratio: Current Price\Building Area Total: 440.81
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall, Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Room Count: 4
  • Additional Rooms: Breezeway, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, Indoor, Salt Water, Vinyl
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Lagoon
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 1200
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 656
  • Condo Fees Term: Monthly
  • Complex Community Name NCCB: INN ON THE BEACH
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 7872
  • Total Monthly Fees: 656

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043010
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 15
  • Future Land Use: 3904
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 365

Tax Info

  • Tax Annual Amount: 2850
  • Tax Book Number: 0021/0007
  • Tax Lot: 6204

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 15, 2014
Sold by
Lister Jennifer G and Strull Robert J G
Bought by
Bal Rajeev G and Revocabl Mari Miller Bal
Seller's Agent
Terri Derr
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$349,000
Sold Price
$283,000
Premium/Discount to List
-$66,000
-18.91%
Current Estimated Value
$650,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,926
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Oct 19, 2009
Sold by
Ackermann William C and Ackermann Coletta P
Bought by
Lister Jennifer G and Trull Robert J G

Purchase Details

Closed on
Jul 7, 2005
Sold by
Ackermann William C and Ackermann Coletta
Bought by
Ackermann William C and Ackermann Coletta P

Purchase Details

Closed on
Oct 21, 2002
Sold by
Watts Marie Nordvik
Bought by
Ackermann William C and Ackermann Coletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1998
Sold by
Watts Marie Nordvik and Raum Marie
Bought by
Watts Marie Nordvik
Source: Public Records

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
Bal Rajeev G $283,000 Attorney
Lister Jennifer G $335,000 Attorney
Ackermann William C -- --
Ackermann William C $198,000 --
Watts Marie Nordvik -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackermann William C $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Price Changed $825,000 -2.8% $1,285 / Sq Ft
06/23/2025 06/23/25 Price Changed $849,000 -3.0% $1,322 / Sq Ft
04/29/2025 04/29/25 Price Changed $875,000 -2.7% $1,363 / Sq Ft
02/10/2025 02/10/25 For Sale $899,000 +217.7% $1,400 / Sq Ft
12/15/2014 12/15/14 Sold $283,000 -14.0% $441 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/15/2014 10/15/14 Price Changed $329,000 -1.5% $512 / Sq Ft
02/12/2014 02/12/14 Price Changed $334,000 -2.9% $520 / Sq Ft
01/08/2014 01/08/14 Price Changed $344,000 -1.4% $536 / Sq Ft
10/14/2013 10/14/13 For Sale $349,000 -- $544 / 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 $6,856 $438,298 -- --
2023 $6,856 $620,700 $0 $620,700
2022 $5,773 $475,400 $0 $475,400
2021 $5,992 $498,500 $0 $498,500
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 $3,871 $260,000 $0 $260,000
2016 $3,736 $246,000 $0 $246,000
2015 $3,592 $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: A3985969

Stellar MLS

APN: 0013-04-3010