NOT LISTED FOR SALE

Estimated Value: $1,084,332

1 Bed
1 Bath
634 Sq Ft
$675/mo HOA Fee

Last Sold June 30, 2014

Last sale price $455,000 $718 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $7,110/month

173 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Saltwater Pool

About This Home

As of June 2014

This beachfront club suite offers direct gulf views, as well as exceptional views of the Longboat Key Club & Resort's pool/spa area and New Pass from your private balcony. Tastefully renovated and sold turnkey furnished. Currently in hotel program with over $72K in gross revenue in 2013, up 12% from 2012. This island retreat is located in an exclusive, gated and club located just off the mainland of Sarasota, Florida. This extraordinary resort is a condominium-hotel offering buyers attractive rental opportunities. The property has received the AAAFour-Diamond rating and offers a multitude of ways to enjoy your leisure time. The purchase of a condominium unit entitles you to participate in the Ownership Rental Program. Longboat Key Club and Resort pampers members and guests with fine dining, 45 holes of golf, tennis, spa/wellness center, full service marina, maid service and friendly staff to make your vacation a memorable one.

Last Listed By

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 10/09/2013

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1982

Lot Details

  • Beach Front
  • 1,200 Feet of Waterfront
  • Northeast Facing Home

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 634 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

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

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, water
  • High-Rise Condominium
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,816

Year Built

Built in 1982

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 634
  • New Construction: No
  • Year Built: 1982
  • Directions to Property: From St. Armands Circle go north on John Ringling Parkway over New Pass bridge to Longboat Key, north on Gulf of Mexico Dr. to left at Longboat Club Road traffic light thru guard gate to Inn on the Beach, Bldg 3 - 230 Sands Point Rd. 3rd floor.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • 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: 717.67
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-7591
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 230
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer
  • Living Area Meters: 58.90
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name Nccb: INN ON THE BEACH
  • Association Fee Requirement: None
  • Building Name Number: 3
  • Condo Fees: 2026

Fee Information

  • Total Annual Fees: 8104.00
  • Total Monthly Fees: 675.33

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041085
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 4816
  • Tax Book Number: 0019/0013

Multi Family

  • Waterfront Features: Beach Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jun 26, 2014
Sold by
Svc Rentals Llc
Bought by
Poling Edwin and Poling Patricia
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jim Van Winkle Jr
THE R E MARKETING GROUP
List Price
$459,000
Sold Price
$455,000
Premium/Discount to List
-$4,000
-0.87%
Total Days on Market
173
Current Estimated Value
$1,084,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,332
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Apr 2, 2014
Sold by
Campisi Salvador V and Campisi Jean M
Bought by
Svc Rentals Llc

Purchase Details

Closed on
Dec 5, 2002
Sold by
Big East Properties Inc
Bought by
Campisi Salvador

Purchase Details

Closed on
Aug 5, 1996
Sold by
Bonina John A and Bonina Barbara A
Bought by
Big E Prop Inc

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
Poling Edwin $455,000 Attorney
Svc Rentals Llc -- Attorney
Campisi Salvador $313,000 --
Big E Prop Inc $182,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poling Edwin P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $455,000 -0.9% $718 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $459,000 -- $724 / 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 $8,165 $609,719 -- --
2023 $8,165 $658,000 $0 $658,000
2022 $6,942 $503,900 $0 $503,900
2021 $6,954 $488,900 $0 $488,900
2020 $5,664 $380,000 $0 $380,000
2019 $5,768 $397,000 $0 $397,000
2018 $5,868 $401,000 $0 $401,000
2017 $5,715 $414,000 $0 $414,000
2016 $5,938 $391,000 $0 $391,000
2015 $5,715 $366,000 $0 $366,000
2014 $5,606 $321,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3985776

Stellar MLS

APN: 0013-04-1085