240 Sands Point Rd Unit 4101 Longboat Key, FL 34228
1
Bed
1
Bath
732
Sq Ft
$713/mo
HOA Fee
Highlights
- 300 Feet of Waterfront
- Beach View
- Private Beach
- Southside Elementary School Rated A
- Water access To Gulf or Ocean
- Heated In Ground Pool
About This Home
As of August 2020Located behind the gates of the exclusive Longboat Key Club, this island getaway at The Inn on the Beach offers the ultimate resort lifestyle. Wake up every morning to dazzling beach views and the sound of gentle waves from the largest club suite, an end unit located directed on the Gulf of Mexico. The residence is beautifully furnished with an elegant island aesthetic and captivating water vistas from every room. Part of the resort rental program, this condominium is an ideal investment opportunity. Amenities are beyond compare at the Longboat Key Club where membership is available to owners. Enjoy tennis courts, 45 holes of golf, a marina, spa, fitness center, and five onsite restaurants. Just a short jaunt away, enjoy the shopping and world-class restaurants of St. Armands Circle or spend an evening in downtown Sarasota, where the arts and culture come alive with live theatre, opera, ballet, and music. This is an A+ corner unit Club Suite in building four which overlooks the beach. This unit is scheduled to be remodeled in May 2020. Photos include before & after interior remodel.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #0323798 Listed on: 01/10/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,035
Year Built
- Built in 1982
Lot Details
- 300 Feet of Waterfront
- Private Beach
- End Unit
- Northwest Facing Home
- Mature Landscaping
- Well Sprinkler System
- Landscaped with Trees
- Condo Land Included
HOA Fees
- $713 Monthly HOA Fees
Property Views
- Beach
- Ocean To Bay
- Woods
Home Design
- Contemporary Architecture
- Membrane Roofing
- Block Exterior
- Pile Dwellings
- Stucco
Interior Spaces
- 732 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Furnished
- Thermal Windows
- Low Emissivity Windows
- Insulated Windows
- Drapes & Rods
- Sliding Doors
- Inside Utility
- Security Gate
Kitchen
- Cooktop<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Parking
- Subterranean Parking
- Open Parking
Pool
- Heated In Ground Pool
- Heated Spa
- Gunite Pool
- Outside Bathroom Access
Outdoor Features
- Water access To Gulf or Ocean
- Deeded access to the beach
- Balcony
- Deck
- Covered patio or porch
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Utilities
- Central Heating and Cooling System
- Fiber Optics Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 6304
- Assessor Parcel Number 0013042001
Community Details
Overview
- Association fees include cable TV, escrow reserves fund, fidelity bond, maintenance repairs, manager, private road, recreational facilities, sewer
- Light House Mgmt Association
- Mid-Rise Condominium
- Inn On The Beach Ph Ii Subdivision
- The community has rules related to deed restrictions
Amenities
- Elevator
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- No Pets Allowed
Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2020
Closed on
Aug 12, 2020
Sold by
Singh Harigovind T
Bought by
Colagreco Anthony Edward and Colagreco Tanya M
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$559,900
Sold Price
$633,900
Premium/Discount to List
$74,000
13.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,187
Avg. Annual Appreciation
7.28%
Original Mortgage
$284,000
Outstanding Balance
$254,744
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$641,738
Purchase Details
Listed on
Aug 10, 2018
Closed on
Sep 6, 2018
Sold by
Taylor Daniel M
Bought by
Singh Harigovind T
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
List Price
$440,000
Sold Price
$440,000
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%
Similar Homes in Longboat Key, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $633,900 | Attorney | |
| Warranty Deed | $440,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $284,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $633,900 | +13.2% | $866 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 01/10/2020 01/10/20 | For Sale | $559,900 | +27.3% | $765 / Sq Ft |
| 09/06/2018 09/06/18 | Sold | $440,000 | 0.0% | $601 / Sq Ft |
| 08/10/2018 08/10/18 | Pending | -- | -- | -- |
| 08/10/2018 08/10/18 | For Sale | $440,000 | -- | $601 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $9,474 | $687,522 | -- | -- |
| 2023 | $9,474 | $741,900 | $0 | $741,900 |
| 2022 | $8,095 | $568,200 | $0 | $568,200 |
| 2021 | $8,197 | $545,900 | $0 | $545,900 |
| 2020 | $5,946 | $381,000 | $0 | $381,000 |
| 2019 | $6,036 | $397,000 | $0 | $397,000 |
| 2018 | $6,031 | $394,000 | $0 | $394,000 |
| 2017 | $6,252 | $407,000 | $0 | $407,000 |
| 2016 | $6,025 | $384,000 | $0 | $384,000 |
| 2015 | $5,561 | $359,000 | $0 | $359,000 |
| 2014 | $5,103 | $292,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Cinquegrano
Seller's Agent in 2020
Tom Cinquegrano
Michael Saunders
(941) 284-5049
9 in this area
77 Total Sales
-
Ian Addy, PA
Buyer's Agent in 2020
Ian Addy, PA
Michael Saunders
(941) 961-8850
95 in this area
119 Total Sales
Map
Source: Stellar MLS
MLS Number: A4455817
APN: 0013-04-2001
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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