$442,000
SOLD MAR 18, 2013

230 Sands Point Rd Unit 3505 Longboat Key, FL 34228

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

Recently Sold

$697 Per Sq Ft

4% Below List Price

33 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Saltwater Pool
  • Custom Home

About This Home

As of December 2024

This direct beachfront Club Suite features amazing views of the azure waters of New Pass and the Gulf of Mexico. This updated and fully furnished Club Suite floor plan is currently in the hotel program and posted $70+ in gross revenue in 2012. Located behind the gates of the Longboat Key Club, the exclusive, gated and private club located just off the mainland of Sarasota, Florida, this condominium-hotel offers buyers attractive rental opportunities. The property has received the AAA Four-Diamond rating and offers a multitude of ways to enjoy your leisure time including the private beach just steps away, a spa & wellness facility, Tennis Gardens with 20 tennis courts, 45 holes of championship golf, full service marina and heated pool and spa. Conveniently located at the south end of Longboat Key, owners enjoy being minutes away from renowned St. Armand's Circle shopping and the many cultural offerings in downtown Sarasota. The purchase of a condominium unit entitles you to participate in the Ownership Rental Program if you choose to.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 01/04/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Cheryl Loeffler, PA

License #0533042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Northeast Facing Home

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 634 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Saltwater Pool
  • Water access To Gulf or Ocean
  • Deck
  • Patio
  • 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, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Lighthouse Property Management 941 312 5287 Association
  • High-Rise Condominium
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • The community has rules related to deed restrictions
  • 10-Story Property

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,283

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, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 634
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 634
  • Directions to Property: Take Gulf of Mexico Drive to Longboat Club Road to Inn on the Beach to Building 3 to 5th floor
  • Status: Sold
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 697.16
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 1
  • Property Description: High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-7591
  • Tax Year: 2012
  • 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, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 230
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Inside Utility
  • Living Area Meters: 58.90
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, Salt Water
  • 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: 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, Open

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Waterfront Complex
  • Association Amenities: Elevator(s)
  • Association Name: Lighthouse Property Management 941-312-5287
  • Association: No
  • Security: Smoke Detector(s)
  • 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: 0013041102
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit
  • Homestead YN: 0
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Expected Lease Date: 2013-03-18T00:00:00.000

Tax Info

  • Tax Annual Amount: 4283
  • Tax Book Number: 0019/0013
  • Tax Lot: 3505

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 23, 2024
Sold by
Cheryl M Loeffler Irrevocable Trust and Brenner Samantha Lauren
Bought by
Orville O Spray Iii Trust and Spray
Seller's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Angela Adams
MICHAEL SAUNDERS & COMPANY
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
9
Current Estimated Value
$939,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,302
Avg. Annual Appreciation
-1.74%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 18, 2013
Sold by
Sisler Sands Point Llc
Bought by
Brenner Samantha Lauren and Cheryl M Loeffler Irrevocable Trust
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Cheryl Loeffler, PA
List Price
$460,000
Sold Price
$442,000
Premium/Discount to List
-$18,000
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Dunham Family Limited Partnership
Bought by
Sisler Sands Point Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2000
Sold by
Dunham Thomas H and Dunham Patricia K
Bought by
Dunham Family Ltd Ptnr
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 Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Warranty Deed $442,000 Attorney
Warranty Deed $436,250 Attorney
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $340,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $950,000 -15.0% $1,498 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $1,118,000 -6.8% $1,763 / Sq Ft
10/31/2024 10/31/24 For Sale $1,200,000 +171.5% $1,893 / Sq Ft
03/18/2013 03/18/13 Sold $442,000 -3.9% $697 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $460,000 -- $726 / 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 $8,597 $627,506 -- --
2023 $8,597 $677,100 $0 $677,100
2022 $7,339 $518,600 $0 $518,600
2021 $7,255 $503,200 $0 $503,200
2020 $5,858 $380,000 $0 $380,000
2019 $5,962 $397,000 $0 $397,000
2018 $6,061 $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 $5,653 $321,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3971057

Stellar MLS

APN: 0013-04-1102