NOT LISTED FOR SALE

240 Sands Point Rd Unit 4205 Longboat Key, FL 34228

Estimated Value: $902,588

1 Bed
1 Bath
640 Sq Ft
$1,477/mo HOA Fee

Last Sold March 28, 2024

Last sale price $1,000,000 $1,562 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,199/month

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 March 2024

Spectacular Gulf and Sunset views are enjoyed from this northwest facing Junior Suite in Building 4. This completely renovated residence is currently in the hotel program and reported over $137K gross income in 2023. Building 4 is situated farthest north on the beach 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 prod ut 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 your Longboat Life today!

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 03/06/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jackie Kleppinger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3104453

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,842

Year Built

  • Built in 1982

Lot Details

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

HOA Fees

  • $1,477 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Turnkey
  • Block Exterior
  • Pile Dwellings

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

Parking

  • Parking Garage Space
  • Open Parking

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, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Ami/Neil Fleet 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

$8,842

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,477 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
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 640
  • Lot Size Sq Ft: 179731
  • Directions to Property: North on Gulf of Mexico Drive from St. Armands. Left on Longboat Club Rd. Left on Sands Point Rd. Right into Resort. Building 4 is the farthest to the north and is labeled 240 Sands Point Road on the front of the building. Take elevator to the 2nd floor. Unit is almost all of the way down towards beach.
  • Status: Sold
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1562.50
  • 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,Water Access,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: Stilt/On Piling
  • 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, 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: Open, Under Building

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, 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: AMI/Neil Fleet
  • Phone: 941-383-3200
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: 4
  • Condo Fees: 4431
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: nfleet@amiwra.com
  • Monthly Condo Fee Amount: 1477
  • Association URL: www.amiwra.com

Fee Information

  • Total Annual Fees: 17724.00
  • Total Monthly Fees: 1477.00

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042012
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 16698

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: 8842
  • Tax Book Number: 19-25
  • Tax Lot: 0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Mar 28, 2024
Sold by
Kola Properties Llc
Bought by
Milam Realty Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jackie Kleppinger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
11
Current Estimated Value
$902,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,412
Avg. Annual Appreciation
-5.58%

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 30, 2022
Sold by
Development Solutions Group Llc
Bought by
Kola Properties Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$955,000
Sold Price
$925,000
Premium/Discount to List
-$30,000
-3.14%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Wilbraham Caryn S and Caryn S Wilbraham Trust
Bought by
Star Leaf Llc

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 20, 2019
Sold by
Ninem
Bought by
Wilbraham Caryn S and Caryn S Wilbraham Trust
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$459,000
Sold Price
$410,000
Premium/Discount to List
-$49,000
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Milam Realty Llc $1,000,000 None Listed On Document
Kola Properties Llc $100 --
Development Solutions Group Llc $925,000 --
Star Leaf Llc -- Attorney
Wilbraham Caryn S $410,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $1,000,000 +0.1% $1,563 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $999,000 +8.0% $1,561 / Sq Ft
11/30/2022 11/30/22 Sold $925,000 -3.1% $1,445 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $955,000 +132.9% $1,492 / Sq Ft
05/20/2019 05/20/19 Sold $410,000 -10.7% $641 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $459,000 -- $717 / 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 $8,841 $716,430 -- --
2023 $8,841 $651,300 $0 $651,300
2022 $6,872 $498,800 $0 $498,800
2021 $6,944 $486,400 $0 $486,400
2020 $5,679 $381,000 $0 $381,000
2019 $5,768 $397,000 $0 $397,000
2018 $5,766 $394,000 $0 $394,000
2017 $6,059 $407,000 $0 $407,000
2016 $5,832 $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

  • Ian Addy, PA

    Seller's Agent in 2024

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    95 in this area

    120 Total Sales

    Ian Addy, PA
    Section Image

  • J

    Buyer's Agent in 2024

    Jackie Kleppinger

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 320-0049

    8 in this area

    47 Total Sales

    Jackie Kleppinger
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4602091

Stellar MLS

APN: 0013-04-2012

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4205, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4205, Longboat Key, FL 34228 since 06 March 2024 and is currently estimated at $902,588, approximately $1,410 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4205 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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