NOT LISTED FOR SALE

Estimated Value: $1,996,529

2 Beds
2 Baths
1,394 Sq Ft
$949/mo HOA Fee

Last Sold May 31, 2022

Last sale price $2,100,000 $1,506 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $13,906/month

Highlights

  • Golf Course Community
  • Property fronts gulf or ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Custom Home

About This Home

As of May 2022

Rarely available renovated corner two bedroom at The Resort at Longboat Key Club. Full gulf views from this 8th floor vantage are enjoyed from every room and the corner position offers extra square footage with extra windows and a view of the downtown skyline over Sarasota Bay. Located behind the gates of the Longboat Key Club, owners will enjoy the updated coastal contemporary finishes and brand new furniture, flooring, electrical, plumbing and appliances. Currently in the hotel program this unit realized over $237K+ in gross income revenue in 2021. The property renovation, including the rooms, main dining area, pool and guest services, all provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award and Condé Nast Travelers Top Florida Resorts. The Resort at Longboat Key Club pampers the owners and guests with exclusive fine dining, 45 holes of Championship golf, Tennis Gardens, Spa/Wellness Center, full service marina, housekeeping service and staff to make your vacation a memorable one.

Last Listed By

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 05/30/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,180

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • North Facing Home
  • Landscaped with Trees

HOA Fees

  • $949 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,394 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • 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, manager, sewer, trash, water
  • Gabe Barone Association, Phone Number (941) 460-5560
  • Inn On The Beach Community
  • Inn On The Beach Ph I Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,180

Year Built

Built in 1982

Lot Details

0

HOA Fees

$949 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1394
  • Lot Size Acres: 14.14
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1394
  • Lot Size Sq Ft: 615808
  • Directions to Property: North on Gulf of Mexico Drive coming from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 3 is to the right of the main guest entrance and labeled 230 Sands Point on the building. Take elevator to the 8th floor and unit is straight ahead on the corner.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4537150?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4537150?w=Customer
  • Floor Number: 8
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1506.46
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1506.46
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • 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: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 10
  • Window Features: Drapes
  • Street Number Modifier: 230
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 2
  • Water Frontage Feet Beach Pub: 1
  • Water Frontage Feet Gulf Ocean: 1
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Golf, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Gabe Barone
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2846
  • Condo Fees Term: Quarterly
  • Association Email: gabebarone@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 949
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11384
  • Total Monthly Fees: 948.67

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041116
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: See Condo Docs
  • Num Timesper Year: 365
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 16180
  • Tax Book Number: 19-13
  • Tax Lot: 3801

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
May 31, 2022
Sold by
Catalina Of Anna Maria Lc
Bought by
Arch Properties 3 Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$2,100,000
Sold Price
$2,100,000
Total Days on Market
0
Current Estimated Value
$1,996,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,471
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Brandenburg Laurie D
Bought by
Caralina Anna Maria L C

Purchase Details

Closed on
Mar 26, 2001
Sold by
Kildentoft Bernd P
Bought by
Brandenborg Laurie D

Purchase Details

Closed on
Mar 29, 1993
Sold by
Rosner Leonard and Rosner Roslyn
Bought by
Kildentoft Bernd P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.1%
Mortgage Type
Commercial

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
Arch Properties 3 Llc $2,100,000 Villavees Juan C
Caralina Anna Maria L C $675,000 --
Brandenborg Laurie D $580,000 --
Kildentoft Bernd P $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catalina Of Anna Maria L C $143,000
Previous Owner Kildentoft Bernd P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $2,100,000 0.0% $1,506 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $2,100,000 -- $1,506 / 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 $22,658 $1,751,700 -- $1,751,700
2023 $22,658 $1,649,400 $0 $1,649,400
2022 $16,357 $1,263,100 $0 $1,263,100
2021 $16,180 $1,219,200 $0 $1,219,200
2020 $11,952 $784,000 $0 $784,000
2019 $12,167 $819,000 $0 $819,000
2018 $12,367 $827,000 $0 $827,000
2017 $12,892 $853,000 $0 $853,000
2016 $12,419 $805,000 $0 $805,000
2015 $11,758 $753,000 $0 $753,000
2014 $11,533 $660,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4537150

Stellar MLS

APN: 0013-04-1116