NOT LISTED FOR SALE

230 Sands Point Rd Unit 3507 Longboat Key, FL 34228

Estimated Value: $2,418,828

2 Beds
2 Baths
1,611 Sq Ft
$919/mo HOA Fee

Last Sold September 06, 2013

Last sale price $950,000 $590 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $15,375/month

19 Days on Market

Highlights

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

About This Home

As of September 2013

This deluxe two bedroom beachfront condo in building 3 offers breathtaking views from every room of the Gulf of Mexico. This residence is located in a condominium-hotel offering buyers attractive rental possibilities which you may choose to participate in, or use it as your very own vacation paradise. By joining the rental program, you will be entitled to the use of the amenities at Longboat Key Club & Resort and you and your guests will be pampered with fine dining, golf, tennis, spa, fitness center, club concierge, maid service and friendly staff to make your vacation a memorable one. Or you may decide to purchase the unit to use as your own residence and have unlimited use of the residence. Whatever your lifestyle preference, the opportunities areendless. Condo is not currently in the rental program.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 07/23/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rae Alba

LIMBO COMPANY SARASOTA ASSOC License #3015257

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,432

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $919 Monthly HOA Fees

Home Design

  • Custom Home
  • Entry on the 5th floor
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,611 Sq Ft Home
  • Crown Molding
  • Blinds
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • 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

  • 1 to 7-Day Minimum Lease Term
  • Tax Lot 3507
  • Assessor Parcel Number 0013041104

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • 222 Units
  • Lighthouse Property Mgmt 941.312.5287 Association
  • 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

$9,432

Year Built

Built in 1982

Lot Details

0

HOA Fees

$919 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: 1611
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1611
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 5
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 589.70
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Property Description: Corner Unit,End Unit,Mid 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: 2
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 149.67

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Lighting
  • 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
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, None, Open

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 Fee: 919.07
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse Property Mgmt - 941.312.5287
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 11028.84
  • Total Monthly Fees: 919.07

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041104
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Future Land Use: 3904

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-09-06T00:00:00.000

Multi Family

  • Number Of Units Total: 222
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 9432
  • Tax Book Number: 0019/0013
  • Tax Lot: 3507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 6, 2013
Sold by
The Key Corporation
Bought by
3507 Lbk Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rae Alba
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$2,418,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,468,828
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
May 26, 2009
Sold by
Byrum Clark H
Bought by
The Key Corporation

Purchase Details

Closed on
Jun 2, 2004
Sold by
Key Life Insurance Co
Bought by
Byrum Clark H and Byrum Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
3507 Lbk Llc $950,000 Attorney
The Key Corporation $775,000 Attorney
Byrum Clark H $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrum Clark H $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $950,000 -13.6% $590 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $1,100,000 -- $683 / 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 $20,782 $1,413,788 -- --
2023 $20,782 $1,813,000 $0 $1,813,000
2022 $17,550 $1,388,400 $0 $1,388,400
2021 $17,326 $1,334,100 $0 $1,334,100
2020 $12,578 $839,000 $0 $839,000
2019 $12,801 $876,000 $0 $876,000
2018 $13,023 $885,000 $0 $885,000
2017 $13,592 $913,000 $0 $913,000
2016 $13,091 $862,000 $0 $862,000
2015 $12,586 $806,000 $0 $806,000
2014 $12,455 $707,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3981697

Stellar MLS

APN: 0013-04-1104