NOT LISTED FOR SALE

240 Sands Point Rd Unit 4102 Longboat Key, FL 34228

Estimated Value: $929,104

1 Bed
1 Bath
640 Sq Ft
$1,381/mo HOA Fee

Last Sold January 18, 2024

Last sale price $1,020,000 $1,594 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,195/month

15 Days on Market

Highlights

  • Ocean or Gulf Waterfront
  • Beach View
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of January 2024

Highly desirable and rarely available first floor walkdown Junior Suite with spectacular Gulf views in Building 4 now available. This completely renovated unit is currently in the hotel program and reported over $130K gross income in 2022. With over $133K already on the books through October 2023, the unit is on track to realize an even higher income this year. There is an expanded deck in addition to the covered terrace, which provides direct access to the beach. Building 4 is situated farthest north on the gulf side where owners value privacy from the pool activities, but are still close to all of the amenities. As an owner, you are able to take advantage of the amenities offered by the 410 acre member-only Longboat Key Club while using your owner time. These include fine dining in 5 exclusive restaurants, 45 holes of Championship golf, the award-winning Tennis Gardens, spa/wellness center, white sand beach with umbrellas and waitstaff and a full-service marina. The renovated rooms, main dining area, pool and guest services 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. Start enjoying the Longboat Life today!

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 12/06/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 1982

Lot Details

  • Ocean or Gulf Waterfront
  • Public Beach Waterfront
  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,381 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 640 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Cooktop<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • 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, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Neil Fleet/Ami Association, Phone Number (941) 383-3200
  • Visit Association Website
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,196

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,381 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, 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: 640
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 640
  • Directions to Property: North on Gulf of Mexico Drive from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort and bear right to building 4 (marked 240 Sands Point), which is the building farthest north facing beach.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1593.75
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Water Frontage Feet Beach: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Waterfront
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 6
  • Window Features: Drapes
  • Street Number Modifier: 240
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 59.46
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • 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, Deck, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • 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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community - Guard, Golf, Pool, Tennis Courts
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Neil Fleet/AMI
  • Phone: 941-383-3200
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: 4
  • Condo Fees: 4143
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: nfleet@amiwra.com
  • Monthly Condo Fee Amount: 1381
  • Association URL: www.amiwra.com

Fee Information

  • Total Annual Fees: 16572.00
  • Total Monthly Fees: 1381.00

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042002
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 8196
  • Tax Book Number: 19-25
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Application and $100 fee to Association.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Singh Harigovind T $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $1,020,000 0.0% $1,594 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $1,020,000 -- $1,594 / 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 $8,196 $597,498 -- --
2023 $8,196 $644,900 $0 $644,900
2022 $6,997 $493,800 $0 $493,800
2021 $7,083 $479,200 $0 $479,200
2020 $5,873 $381,000 $0 $381,000
2019 $5,962 $397,000 $0 $397,000
2018 $5,959 $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

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Map

Source: Stellar MLS

MLS Number: A4591751

Stellar MLS

APN: 0013-04-2002

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4102, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4102, Longboat Key, FL 34228 since 06 December 2023 and is currently estimated at $929,104, approximately $1,451 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4102 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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