NOT LISTED FOR SALE

225 Sands Point Rd Unit 7302 Longboat Key, FL 34228

Estimated Value: $595,358

1 Bed
1 Bath
650 Sq Ft
$709/mo HOA Fee

Last Sold July 14, 2017

Last sale price $325,000 $500 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,619/month

39 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Public Beach
  • Custom Home

About This Home

As of July 2017

Located at the southern tip of Longboat Key, this third floor suite in building seven is one of the most sought after locations at the Resort, offering serene lagoon views with the beach just steps away. Granite counter tops, a private terrace and easy access to all Resort amenities are just some of the benefits owners will enjoy. Located in an exclusive, gated club just off the mainland of Sarasota, Florida the extraordinary Resort at Longboat Key Club is a condominium-hotel offering buyers attractive rental possibilities. This unit is currently in the hotel rental program and posted over $65K+ gross income in 2016. The purchase of this condominium unit entitles you to participate in the Ownership Rental Program. The Resort pampers owners and guests with fine dining, golf, tennis, spa, fitness center, club concierge, maid service and friendly staff to make your vacation a memorable one.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 04/05/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Larry Zeigler

MICHAEL SAUNDERS & COMPANY License #0695783

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1983

Lot Details

  • 1,200 Feet of Waterfront
  • 600 Feet of Ocean or Gulf Waterfront
  • 600 Feet of Public Beach Waterfront
  • Public Beach

HOA Fees

  • $709 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 650 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Inside Utility
  • Lagoon Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, private road, sewer, trash, water
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph Iii Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,851

Year Built

Built in 1983

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 650
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 650
  • Directions to Property: From St. Armands drive north to Gulf of Mexico Drive, left on Longboat Club Road, left on Sands Point Road, building is on the left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 500.00
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: Mid Rise
  • Attribution Contact: 941-383-7591
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, 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: Builder
  • Additional Rooms: Foyer,Inside Utility
  • Living Area Meters: 60.39
  • Room Count: 4

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors
  • 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, Seller Property Disclosure
  • Water Access: Beach - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 1200
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Gulf Ocean: 600
  • Water Frontage Feet Beach Pub: 600

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated, Pool
  • Association Amenities: Elevator(s), Gated
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 7
  • Condo Fees: 2126
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 709

Fee Information

  • Total Annual Fees: 8504.00
  • Total Monthly Fees: 708.67

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043031
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo docs.

Tax Info

  • Tax Annual Amount: 3851
  • Tax Book Number: 21-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean
  • Approval Process: See condo docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jul 12, 2017
Sold by
Morrissey Robert V and Morrissey Kimberly A
Bought by
Superior Rentals Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Larry Zeigler
MICHAEL SAUNDERS & COMPANY
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$595,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,358
Avg. Annual Appreciation
7.95%
Source: Public Records

Similar Homes in Longboat Key, FL

  • 1935 Gulf of Mexico Dr Unit G7302, Longboat Key, FL 34228

    $680,000

    • 2 Beds
    • 2 Baths
    • 1,068 Sq Ft
    • 1935 Gulf of Mexico Dr
    • Unit G7302
    • Longboat Key, FL

    RENOVATED AND SOLD TURN KEY FURNISHED! Discover the perfect blend of modern elegance and beachside living in this beautifully renovated 2-bedroom, 2-bath condo located in the sought-after Seaplace community on Longboat Key. Freshly painted and featuring updated flooring throughout, this home exudes a classy yet contemporary vibe.Step into the heart of the home, where a completely updated kitchen

    Darren Dowling BEYOND REALTY LLC

    Section Image
  • 250 Sands Point Rd Unit 5105, Longboat Key, FL 34228

    $499,000

    • 1 Bed
    • 1 Bath
    • 634 Sq Ft
    • 250 Sands Point Rd
    • Unit 5105
    • Longboat Key, FL

    First floor walkdown Junior Suite with spectacular views of Longboat Key Club’s Golf Course now available to rent out or enjoy for your own vacation getaway with no hotel program restrictions on owner time. There is an expanded deck in addition to the covered terrace, which is perfect for watching a wide variety of wildlife and golfing activity. Building 5 is positioned where owners value privacy

    Ian Addy, PA MICHAEL SAUNDERS & COMPANY

    Section Image
  • 1065 Gulf of Mexico Dr Unit 302, Longboat Key, FL 34228

    $649,000

    • 2 Beds
    • 2 Baths
    • 1,392 Sq Ft
    • 1065 Gulf of Mexico Dr
    • Unit 302
    • Longboat Key, FL

    Great Unit Great Views Come look Being able to rent this unit, by the month, twelve times a year, that offers our beautiful GULF BEACH within seconds of the front door is incredible! Our third floor views are breathtaking, yet fully protected from the elements. Our Building is quiet, but close to BEACHPLACE amenities! Owners are motivated to sell and we can give you a complete tour when you

    Jim Weingart COLDWELL BANKER REALTY

    Section Image
  • 1935 Gulf of Mexico Dr Unit G7304, Longboat Key, FL 34228

    $550,000

    • 2 Beds
    • 1 Bath
    • 933 Sq Ft
    • 1935 Gulf of Mexico Dr
    • Unit G7304
    • Longboat Key, FL

    Experience the best of coastal living in this beautifully maintained 2-bedroom, 1-bathroom condominium, perfectly situated on the third floor of the desirable Seaside community on Longboat Key. Set within a secure, 24-hour guard-gated enclave, this charming residence offers both privacy and peace of mind. Step inside to discover a light and airy interior that was tastefully repainted in April

    Alie Espinoza EATON REALTY

    Section Image
  • 1935 Gulf of Mexico Dr Unit G7402, Longboat Key, FL 34228

    $689,000

    • 2 Beds
    • 2 Baths
    • 1,068 Sq Ft
    • 1935 Gulf of Mexico Dr
    • Unit G7402
    • Longboat Key, FL

    This exceptional two-bedroom, two-bath penthouse is the only residence in Seaplace with no shared walls, offering unparalleled privacy and tranquility. Fully remodeled in 2019, the home features a designer kitchen with quartz countertops, custom cabinetry and premium appliances, seamlessly complemented by elegant soft grey laminate hardwood flooring throughout. A spacious lanai spans the length

    Rita Pogany PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 1945 Gulf of Mexico Dr Unit M2110, Longboat Key, FL 34228

    $739,000

    • 2 Beds
    • 2 Baths
    • 928 Sq Ft
    • 1945 Gulf of Mexico Dr
    • Unit M2110
    • Longboat Key, FL

    Under contract-accepting backup offers. RARELY available - DIRECT GULF-FRONT condo with UNOBSTRUCTED BEACH views! Step into paradise with this STUNNINGLY UPDATED, FULLY FURNISHED 2-bedroom, 2-bathroom condo in the highly coveted Seaplace community on LONGBOAT KEY. Perfectly positioned to capture head-on GULF VIEWS, this residence offers one of the BEST LOCATIONS in the complex, overlooking the

    Mike Polachek KELLER WILLIAMS ON THE WATER

    Section Image
  • 1945 Gulf of Mexico Dr Unit M2310, Longboat Key, FL 34228

    $735,000

    • 2 Beds
    • 2 Baths
    • 928 Sq Ft
    • 1945 Gulf of Mexico Dr
    • Unit M2310
    • Longboat Key, FL

    PRICE REDUCTION: Welcome to paradise, from the moment you open the front door your eyes are drawn to the magnificent unobstructed views of the azure waters of the Gulf of Mexico. You will be working with a clean slate to decorate and furnish to your own personal taste. New 20" x 20" off white tiles throughout the main rooms and electronic shutters in the living room and primary bedroom, new air

    Sandra Endres COLDWELL BANKER REALTY

    Section Image
  • 1945 Gulf of Mexico Dr Unit M2313, Longboat Key, FL 34228

    $739,000

    • 2 Beds
    • 2 Baths
    • 1,265 Sq Ft
    • 1945 Gulf of Mexico Dr
    • Unit M2313
    • Longboat Key, FL

    Seaplace on exclusive Longboat Key in Florida, gives you the location needed for quick access to St Armands Circle and Sarasota's cultural life. Also being located directly on the Gulf's blue water, you have nature's playground to enjoy. There is a modern elegance in this exquisite move-in-ready condo, which effortlessly blends modern design, functionality, and an unparalleled level of comfort.

    Bruce Meyer MICHAEL SAUNDERS & COMPANY

    Section Image
  • 1932 Harbourside Dr Unit 217, Longboat Key, FL 34228

    $749,000

    • 2 Beds
    • 2 Baths
    • 1,442 Sq Ft
    • 1932 Harbourside Dr
    • Unit 217
    • Longboat Key, FL

    Nestled in the sought-after Fairway Bay community on Longboat Key, this 2BR, 2BA residence offers the perfect blend of serene bayfront living and luxurious amenities, all behind the exclusive gates of Bay Isles. As an end unit, first floor walk-down, the layout maximizes natural light, with expansive windows framing stunning southeast-facing views of Sarasota Bay, a deep-water canal and lush

    Ryan Ackerman COLDWELL BANKER REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Superior Rentals Llc $325,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $325,000 -- --
07/14/2017 07/14/17 Sold $325,000 -6.9% $500 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $349,000 -- $537 / 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 $4,060 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4182916

Stellar MLS

APN: 0013-04-3031