NOT LISTED FOR SALE

225 Sands Point Rd Unit 7302 Longboat Key, FL 34228

Estimated Value: $597,101

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. 84% increase in value since last sale

Current estimated payment $4,556/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
$597,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,101
Avg. Annual Appreciation
7.78%
Source: Public Records

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
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

  • Ian Addy, PA

    Seller's Agent in 2017

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    94 in this area

    118 Total Sales

    Ian Addy, PA
    Section Image
  • Larry Zeigler

    Buyer's Agent in 2017

    Larry Zeigler

    Michael Saunders

    (941) 228-2612

    5 in this area

    41 Total Sales

    Larry Zeigler
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4182916

Stellar MLS

APN: 0013-04-3031

Florida Sarasota County Longboat Key 34228

225 Sands Point Rd Unit 7302, Longboat Key, FL

This home is located at 225 Sands Point Rd Unit 7302, Longboat Key, FL 34228 since 05 April 2017 and is currently estimated at $597,101, approximately $918 per square foot. This property was built in 1983. 225 Sands Point Rd Unit 7302 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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