NOT LISTED FOR SALE

Estimated Value: $1,030,838

1 Bed
1 Bath
634 Sq Ft
$1,380/mo HOA Fee

Last Sold March 06, 2024

Last sale price $1,125,000 $1,774 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,818/month

22 Days on Market

Highlights

  • 1,200 Feet of Ocean or Gulf Waterfront
  • Golf Course Community
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Heated In Ground Pool

About This Home

As of March 2024

Opportunity Knocks as this fully renovated gulf front Junior Suite in the hotel rental program enters the market amongst enhancements throughout the grounds of the 410 acre member only Longboat Key Club which are all fully paid for and yours to take advantage of including but not limited to the completely transformed beach side welcome center, lobby bar, fine dining at Latitudes overlooking the Gulf of Mexico & casual dining at Banyan Poolside overlooking the resorts new pool deck, not to mention the meticulously manicured 45 holes of championship golf spread out at both the gulf side and bay side courses. Additional amenities include the award winning Tennis Center, three additional private restaurants, spa/wellness center and full service marina as well as a fully manicured white sand beach with waitstaff, chaises, umbrellas & watercraft. Added to all this are multiple awards from AAA & Conde Nast and lucrative investment income from its flexible rental program grossing over $150,000.00 per year.

Last Listed By

Richard Perlman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #0634863 Listed on: 01/17/2024

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,670

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Ocean or Gulf Waterfront
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,380 Monthly HOA Fees

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Condo Hotel
  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 634 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Common or Shared Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

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

Schools

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

Additional Features

  • Property is near a golf course
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3503
  • Assessor Parcel Number 0013041100

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Neil Fleet Association, Phone Number (941) 383-3200
  • Visit Association Website
  • High-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions
  • 10-Story Property

Amenities

  • Restaurant
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,670

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,380 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Coastal, Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 634
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 634
  • Directions to Property: From St Armands Circle, go north on John Ringling Parkway to Longboat Key. Turn left at first traffic light at Longboat Club Road. Show ID at guard gate. Proceed to left at Sands Point Road. Bldg 3, 5th floor.
  • Status: Sold
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1774.45
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Window Treatments
  • Street Number Modifier: 230
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 58.90
  • Room Count: 3

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Other Disclosures, Seller Property Disclosure
  • Water Access: Gulf/Ocean to Bay
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Gulf Ocean: 1200

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Covered, Guest, Off Street

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Neil Fleet
  • Phone: 941-383-3200
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 3
  • Condo Fees: 1380
  • Association Email: nfleet@amiwra.com
  • Monthly Condo Fee Amount: 1380
  • Association URL: www.amiwra.com

Fee Information

  • Total Annual Fees: 16560.00
  • Total Monthly Fees: 1380.00

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041100
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Near Golf Course
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per Association Guidelines
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 8670
  • Tax Book Number: 19-13
  • Tax Lot: 3503

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Per Association Guidelines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Ryland David
Bought by
Bluekey Real Estate Llc
Total Days on Market
22
Current Estimated Value
$1,030,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Outstanding Balance
$838,201
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$192,637

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 28, 2024
Sold by
Amy J Eccher Trust
Bought by
Ryland David
Seller's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Debra Lichter
SARASOTA BEACH TO BAY INC
List Price
$1,198,000
Sold Price
$1,125,000
Premium/Discount to List
-$73,000
-6.09%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.26%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Mar 6, 2019
Sold by
Tun Patricia Bugbee and Carolyn B Byers Revocable Trus
Bought by
Eccher Paul H and Eccher Amy J
Seller's Agent
Terry Goodman
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
List Price
$479,000
Sold Price
$400,000
Premium/Discount to List
-$79,000
-16.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%

Purchase Details

Closed on
Nov 7, 1996
Sold by
Shenley Inc
Bought by
Byers Carolyn B

Range of Values:

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Average Value
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List Price
Sold Price
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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
Bluekey Real Estate Llc $100 Boston National Title Agency
Ryland David $1,125,000 None Listed On Document
Eccher Paul H $400,000 Attorney
Byers Carolyn B $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bluekey Real Estate Llc $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,125,000 -2.2% $1,774 / Sq Ft
03/05/2024 03/05/24 Price Changed $1,150,000 -4.0% $1,814 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,198,000 +199.5% $1,890 / Sq Ft
03/06/2019 03/06/19 Sold $400,000 -16.5% $631 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $479,000 -- $756 / 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 $8,670 $806,600 -- $806,600
2023 $8,670 $677,100 $0 $677,100
2022 $7,412 $518,600 $0 $518,600
2021 $7,329 $503,200 $0 $503,200
2020 $5,931 $380,000 $0 $380,000
2019 $6,036 $397,000 $0 $397,000
2018 $6,134 $401,000 $0 $401,000
2017 $6,357 $414,000 $0 $414,000
2016 $6,131 $391,000 $0 $391,000
2015 $5,715 $366,000 $0 $366,000
2014 $5,606 $321,000 $0 $0
Source: Public Records

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Source: Stellar MLS

MLS Number: A4595818

Stellar MLS

APN: 0013-04-1100