NOT LISTED FOR SALE

225 Sands Point Rd Unit 7202 Longboat Key, FL 34228

Estimated Value: $627,565

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

Last Sold March 07, 2017

Last sale price $332,000 $517 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,775/month

10 Days on Market

Highlights

  • Bay Harbor Waterfront
  • Golf Course Community
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Intracoastal View

About This Home

As of March 2017

Impeccable waterfront club suite residence in the exclusive, gated award-winning 4-diamond Resort at Longboat Key Club. Stunning lagoon water views in peaceful, lush surroundings. In the hotel rental program, this condo received approximately $64K gross income in 2016 and 30 days use by the owner. The Resort’s amazing service offers owners and guests full-service beach, resort pool, 45 holes of golf, superb tennis, spa, fitness center, fine dining, club concierge, and maid service. Turnkey furnished and open floor plan with a King size bed, queen sleeper sofa, flat screen TV, fully-equipped kitchen, washer/ dryer & private balcony. A mile or two from dining & shopping on world-renowned St. Armand's Circle and the cultural activities of downtown Sarasota.

Last Agent to Sell the Property

Carolyn Donnelly

COLDWELL BANKER REALTY License #0360540 Listed on: 02/07/2017

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1983

Lot Details

  • Bay Harbor Waterfront
  • Lagoon Waterfront
  • Bayou Waterfront
  • Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • Private Beach
  • Public Beach
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $708 Monthly HOA Fees

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Lagoon
  • Bayou

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Great Room
  • Storage Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Access To Bayou
  • Deeded access to the beach
  • No Fixed Bridges
  • Rip-Rap
  • Balcony
  • Deck
  • Covered patio or porch

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, pool, insurance, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
  • Lighthouse Mgmt, Sandy St. Clair, 941 312 5287 Association
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,658

Year Built

Built in 1983

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Directions to Property: Gulf of Mexico Drive, turn west at light at south end of Longboat Key onto Longboat Club Road. Proceed through guard gate past tennis courts to left on Sands Point Road. Building 7 is on the left side of the road on the lagoon.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 517.13
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 1
  • Property Description: Mid Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 225
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony, Irrigation System
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available
  • Water Access: Bay/Harbor,Bayou,Beach - Access Deeded,Beach - Private,Beach - Public,Gulf/Ocean,Gulf/Ocean to Bay,Lagoon
  • Water Extras: Bridges - No Fixed Bridges,Riprap,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bayou,Intracoastal Waterway,Lagoon,Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 4
  • Water Frontage Feet Bay Harbor: 1
  • Water Frontage Feet ICW: 1
  • Water Frontage Feet Lagoon: 1
  • Water Frontage Feet Bayou: 1

Garage/Parking

  • Parking Features: Guest, Open, Underground

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated, Golf, Pool, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance, Security, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mgmt, Sandy St. Clair, 941-312-5287
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: INN ON THE BEACH
  • Condo Fees: 2125
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 708

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043025
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Private, Zero Lot Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1-7 days or more

Tax Info

  • Tax Annual Amount: 3658
  • Tax Book Number: 0021/0007
  • Tax Lot: 7202

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou, Intracoastal Waterway, Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 7, 2017
Sold by
Moynehan David L and Moynehan Mary L
Bought by
Gray John S and Gray Deette D
Seller's Agent
Carolyn Donnelly
COLDWELL BANKER REALTY
List Price
$339,000
Sold Price
$332,000
Premium/Discount to List
-$7,000
-2.06%
Total Days on Market
10
Current Estimated Value
$627,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,565
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Sep 18, 2014
Sold by
Moynehan David L
Bought by
Moynehan Family Trust and Moynehan Mary L

Purchase Details

Closed on
Aug 12, 2004
Sold by
Zakovec James
Bought by
Moynehan David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,700
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2004
Sold by
Tursso Dennis J and Tursso Jacqueline M
Bought by
Zakovec James
Source: Public Records

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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
Gray John S $332,000 Sunbelt Title Agency
Moynehan Family Trust -- Attorney
Moynehan David L $298,000 --
Zakovec James $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moynehan David L $193,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $332,000 -- --
03/07/2017 03/07/17 Sold $332,000 -2.1% $517 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $339,000 -- $528 / 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 $3,867 $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: A4176953

Stellar MLS

APN: 0013-04-3025