$480,000
SOLD DEC 5, 2013

230 Sands Point Rd Unit 3605 Longboat Key, FL 34228

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

Recently Sold

$757 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach View
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Private Beach

About This Home

As of January 2024

Unforgettable sunsets that will take your breath away. Building 3, 6th floor overlooking the Gulf of Mexico's azure water and miles of white sandy beach. Presently in the hotels rental program (on site management) with over $65,000 gross revenue in 2012.The world renowned Longboat Key Club and Resort "INN ON THE BEACH" Condo/Hotel is an award winning 4 Diamond resort. Offering casual and fine dining in 6 locations, a fitness center, new tennis garden center, beachside pool, spa and pool bar. This residence has been "remastered." Owner can have personal use of the residence, PLUS excellent year round rental opportunity with four-week owner usage. The hotel rental program is not mandatory, with 120 days notice owner may opt to take out of rental. This is a true condominium conveniently located within the gates of Islandside Golf Course with 18 holes at the south end of Longboat Key. Owners enjoy being minutes away from renowned St. Armand's Circle shopping, dining and the many cultural offerings in downtown Sarasota. THE LONGBOAT KEY CLUB ON "A" LIST.....# 12 on CONDE NAST TRAVELERS READERS' CHOICE AWARD FOR 2013

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 09/29/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 09/29/2013

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,815

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Private Beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Zero Lot Line

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Florida Architecture
  • Planned Development
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 634 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • City 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, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, sewer, trash, water
  • Lighthouse Property Mgmt 941 312 5287 Association
  • High-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed
  • 0 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,815

Year Built

Built in 1982

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 634
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 634
  • Directions to Property: From St. Armand's Circle, take Gulf of Mexico Drive north, L at Longboat Key Club Islandside. Go through gate, take first left until you see Inn on the Beach.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985107&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985107&cview=true&show_results=true&customer_portal=true
  • Floor Number: 6
  • Homestead Y N: No
  • Number Of Pets: 0
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7700
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 757.1
  • Close to Original List Price Ratio: 0.9697
  • Ratio: Current Price\Building Area Total: 757.1
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
  • 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
  • Street Number Modifier: 230
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor, Outside Bath Access, Salt Water, Vinyl
  • Exterior Features: Balcony
  • Roof: Membrane, Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water Extras: Bridges - No Fixed Bridges, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 1200

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Security
  • Association Name: Lighthouse Property Mgmt 941-312-5287
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2025
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 8100
  • Total Monthly Fees: 675

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041109
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, Near Public Transit, Zero Lot Line
  • Millage Rate: 14.67
  • Future Land Use: 3904
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 365
  • Expected Lease Date: 2013-12-05T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 4815
  • Tax Book Number: 0019/0013
  • Tax Lot: 3605

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Jan 24, 2024
Sold by
Lochnicki Marek and Lochnicki Julita
Bought by
Orville O Spray Iii Trust and Spray
Seller's Agent
Norma Mladineo
COLDWELL BANKER REALTY
Buyer's Agent
Angela Adams
MICHAEL SAUNDERS & COMPANY
List Price
$1,130,000
Sold Price
$1,140,000
Premium/Discount to List
$10,000
0.88%
Views
13
Current Estimated Value
$1,039,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,552
Avg. Annual Appreciation
-5.02%

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 8, 2021
Sold by
Meadows Thomas K and Meadows Ruth
Bought by
Lochnicki Marek and Lochnicki Julita
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Norma Mladineo
COLDWELL BANKER REALTY
List Price
$669,000
Sold Price
$653,000
Premium/Discount to List
-$16,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%

Purchase Details

Listed on
Sep 29, 2013
Closed on
Dec 5, 2013
Sold by
Spano Ralph S and Spano Sharon L
Bought by
Meadows Thomas K and Meadows Ruth
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Mar 25, 2008
Sold by
Valentine Mathias A and Valentine Mary
Bought by
Spano Ralph S and Spano Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Dokken Forrest G and Dokken Margaret P
Bought by
Valentine Mathias A and Valentine Mary

Purchase Details

Closed on
Mar 18, 1997
Sold by
Bier Irene and Bier Paul J
Bought by
Dokken Forrest G and Dokken Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
7.75%
Mortgage Type
Commercial
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 $1,140,000 None Listed On Document
Warranty Deed $653,000 None Available
Warranty Deed $480,000 Attorney
Warranty Deed $495,000 Attorney
Warranty Deed $399,000 --
Warranty Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Commercial
Previous Owner $229,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $1,140,000 +0.9% $1,798 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,130,000 +73.0% $1,782 / Sq Ft
02/08/2021 02/08/21 Sold $653,000 -2.4% $1,030 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $669,000 +39.4% $1,055 / Sq Ft
12/05/2013 12/05/13 Sold $480,000 -3.0% $757 / Sq Ft
11/24/2013 11/24/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $495,000 -- $781 / 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 $8,677 $633,435 -- --
2023 $8,677 $683,500 $0 $683,500
2022 $7,406 $523,500 $0 $523,500
2021 $7,309 $510,300 $0 $510,300
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: A3985107

Stellar MLS

APN: 0013-04-1109