NOT LISTED FOR SALE

Estimated Value: $1,548,175

2 Beds
2 Baths
1,284 Sq Ft
$844/mo HOA Fee

Last Sold August 25, 2017

Last sale price $850,000 $662 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,512/month

1 Day on Market

Highlights

  • Ocean or Gulf Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Golf Course Community
  • Water Access

About This Home

As of August 2017

Imagine resort living at its finest from this dazzling two-bedroom, two-bathroom residence located behind the gates of the exclusive Longboat Key Club. Let the sea and sky be your daily canvas featuring the most spectacular Gulf and beach views available at Sands Point. Beautifully furnished with stylish attention to detail, the retreat offers almost 1200’SF of relaxed living space with sunset and seascape vistas from every room. The open floor plan connects the kitchen, dining and living room and is ideal for spending time with loved ones amidst a relaxed ambiance. This Gulf-front community epitomizes an island paradise vibe, all just moments from miles of pristine sandy beaches. Membership in the Longboat Key Club is available to owners, offering access to outstanding amenities including tennis courts, 54 holes of golf, a marina, spa, fitness center and restaurants. This residence is part of the resort rental program, making it an ideal investment property. Nearby St. Armands Circle beckons with all its shopping and world-class restaurants, while the cultural epicenter of downtown Sarasota is also within easy reach. This unit is in the Hotel rental program. It’s one of the lowest priced two bedroom units at the Resort.

Last Listed By

Tom Cinquegrano

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #0323798 Listed on: 08/03/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,477

Year Built

  • Built in 1982

Lot Details

  • Ocean or Gulf Waterfront
  • Private Beach Waterfront
  • Private Beach
  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $844 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • Furnished
  • Thermal Windows
  • Blinds
  • Rods
  • Sliding Doors
  • Inside Utility
  • Security System Owned

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3802
  • Assessor Parcel Number 0013041117

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, maintenance structure, private road, recreational facilities, security, sewer, trash, water
  • 221 Units
  • Lighthouse Mgmt 914 313 5287 Association
  • High-Rise Condominium
  • Inn On The Beach Ph I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 10-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,477

Year Built

Built in 1982

Lot Details

0

HOA Fees

$844 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Structure, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1284
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1284
  • Directions to Property: From Lido key take Gulf of Mexico drive North to Longboat Key, take a left at the Chart House, Inn on the Beach is on the left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 8
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 661.99
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Attribution Contact: 941-907-9595
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Solid Surface Counters, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Rods, Thermal Windows, Window Treatments
  • Street Number Modifier: 230
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 119.29
  • Room Count: 6

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Beach - Private
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 2
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet Gulf Ocean: 1
  • Water Frontage Feet Beach Prvt: 1

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Fire Hydrant, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated, Golf, Playground, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Fitness Center, Gated, Playground, Security, Tennis Court(s)
  • Association Name: Lighthouse Mgmt 914-313-5287
  • Association: No
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 3
  • Condo Fees: 2532
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 844

Fee Information

  • Total Annual Fees: 10128.00
  • Total Monthly Fees: 844.00

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013041117
  • Additional Parcels: No
  • Lot Features: FloodZone, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)

Multi Family

  • Number Of Units Total: 221
  • Waterfront Features: Beach - Private, Gulf/Ocean
  • Approval Process: Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 11477
  • Tax Book Number: 19-13
  • Tax Lot: 3802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 25, 2017
Sold by
Cooper Frank A and Cooper Catherine M
Bought by
Wahoo Inc
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gary Hoskins
COLDWELL BANKER REALTY
List Price
$940,000
Sold Price
$850,000
Premium/Discount to List
-$90,000
-9.57%
Total Days on Market
1
Current Estimated Value
$1,548,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,175
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Vesta Philip A
Bought by
Cooper Frank A and Cooper Catherine M

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
8.46%
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
Wahoo Inc $850,000 Attorney
Cooper Frank A $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Frank A $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $850,000 -- --
08/25/2017 08/25/17 Sold $850,000 -9.6% $662 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $940,000 -- $732 / 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 $17,429 $1,214,804 -- --
2023 $17,429 $1,486,900 $0 $1,486,900
2022 $14,750 $1,138,700 $0 $1,138,700
2021 $14,653 $1,109,900 $0 $1,109,900
2020 $10,849 $723,000 $0 $723,000
2019 $11,043 $755,000 $0 $755,000
2018 $11,238 $763,000 $0 $763,000
2017 $11,717 $787,000 $0 $787,000
2016 $11,477 $743,000 $0 $743,000
2015 $10,853 $695,000 $0 $695,000
2014 $10,643 $609,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4193158

Stellar MLS

APN: 0013-04-1117