NOT LISTED FOR SALE

225 Sands Point Rd Unit 6303 Longboat Key, FL 34228

Estimated Value: $574,241

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

Last Sold May 30, 2018

Last sale price $340,000 $530 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,501/month

62 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Golf Course Community
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Fitness Center

About This Home

As of May 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: 02/16/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Tom Cinquegrano

MICHAEL SAUNDERS & COMPANY License #0323798 Listed on: 02/16/2018

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1983

Lot Details

  • Home fronts a lagoon or estuary
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Private Beach
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $708 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Thermal Windows
  • Blinds
  • Rods
  • Sliding Doors
  • Inside Utility
  • Lagoon Views
  • Security System Owned

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Open Parking

Pool

  • Saltwater Pool
  • Outside Bathroom Access
  • Auto Pool Cleaner
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Lagoon or Estuary
  • Balcony
  • Exterior Lighting

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, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, private road, recreational facilities, sewer, trash, water
  • Light House Mgmt Association
  • Mid-Rise Condominium
  • Inn On The Beach Ph Iii Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Elevator

Recreation

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

$4,063

Year Built

Built in 1983

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Directions to Property: Gulf of Mex Dr to Longboat Key Club entrance, first left after guard gate, Inn on the Beach
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210401&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210401&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93176
  • Price per Sq Ft: 529.6
  • Close to Original List Price Ratio: 0.93176
  • Ratio: Current Price\Building Area Total: 529.6
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Rods, Thermal Windows, Window Treatments
  • Street Number Modifier: 225
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Auto Cleaner, Heated, Outside Bath Access, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lagoon
  • Water Access: Beach - Private, Gulf/Ocean to Bay, Lagoon
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 1251260010B
  • Waterfront Frontage: 100
  • Water Frontage Feet Lagoon: 100

Garage/Parking

  • Parking Features: Covered, Guest, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sprinkler Well, Street Lights
  • 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: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Playground, Pool, Special Community Restrictions, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Gated, Playground, Tennis Court(s)
  • Association Name: Light House Mgmt
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2125
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 708
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043015
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Sidewalk, Zero Lot Line
  • Flood Zone Code: A13
  • Flood Zone Date: 1983-08-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Approval Process: Apply at Lighthouse Mgmt
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4063
  • Tax Book Number: 21-7
  • Tax Lot: 6303

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 30, 2018
Sold by
Baskin Robert N and Baskin Kathryn W
Bought by
Greco Anthony and Greco Vincent
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
List Price
$364,900
Sold Price
$340,000
Premium/Discount to List
-$24,900
-6.82%
Current Estimated Value
$574,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,241
Avg. Annual Appreciation
7.72%
Original Mortgage
$240,000
Outstanding Balance
$212,382
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$362,333

Purchase Details

Closed on
May 12, 2016
Sold by
Carbone Barbara F
Bought by
Baskin Robert N and Baskin Kathryn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1998
Sold by
Chadss Ford Consultants Inc
Bought by
Donovan Timothy R and Donovan Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.21%
Mortgage Type
Commercial
Source: Public Records

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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
Greco Anthony $340,000 Attorney
Baskin Robert N $340,000 None Available
Donovan Timothy R $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Anthony $240,000
Closed Greco Anthony $240,000
Previous Owner Baskin Robert N $238,000
Previous Owner Donovan Timothy R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $340,000 -6.8% $530 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $364,900 -- $568 / 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 $7,132 $439,230 -- --
2023 $7,132 $633,000 $0 $633,000
2022 $6,032 $484,800 $0 $484,800
2021 $6,240 $505,800 $0 $505,800
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 $4,064 $260,000 $0 $260,000
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

  • Tom Cinquegrano

    Seller's Agent in 2018

    Tom Cinquegrano

    Michael Saunders

    (941) 284-5049

    9 in this area

    79 Total Sales

    Tom Cinquegrano
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4210401

Stellar MLS

APN: 0013-04-3015

Florida Sarasota County Longboat Key 34228

225 Sands Point Rd Unit 6303, Longboat Key, FL

This home is located at 225 Sands Point Rd Unit 6303, Longboat Key, FL 34228 since 16 February 2018 and is currently estimated at $574,241, approximately $894 per square foot. This property was built in 1983. 225 Sands Point Rd Unit 6303 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

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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