$410,000
SOLD MAY 20, 2019

240 Sands Point Rd Unit 4205 Longboat Key, FL 34228

1 Bed
1 Bath
640 Sq Ft
$693/mo HOA Fee

Recently Sold

$641 Per Sq Ft

11% Below List Price

7 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of March 2024

Highly sought after, Building 4, direct beachfront corner Junior Suite at the world class Resort at Longboat Key Club. Picture perfect sunsets from your balcony, white sandy beaches and the azure waters of the Gulf of Mexico make this condo very desirable. Tastefully furnished this unit is currently in the hotel program and garnered over $90,000+ in 2018 gross revenue. The Resort has received the AAA Four-Diamond rating for thirty two consecutive years and offers a multitude of ways to enjoy your leisure time. The purchase of a condominium unit entitles you to participate in the Ownership Rental Program, or with 120 days’ notice, owners may opt out. The Resort at Longboat Key Club pampers the owners and guests with fine dining, 45 holes of golf, tennis, spa/wellness center, full service marina, maid service, and friendly staff to make your vacation a memorable one.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 04/16/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 04/16/2019

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Private Beach
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $693 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

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

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

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, private road, sewer, trash, water
  • Lighthouse Property Management Association, Phone Number (941) 312-5287
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Community features wheelchair access
  • 6-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,766

Year Built

Built in 1982

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, 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. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 4 is the farthest building to the right on the beach.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433160&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433160&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.89325
  • Price per Sq Ft: 640.63
  • Close to Original List Price Ratio: 0.89325
  • Ratio: Current Price\Building Area Total: 640.63
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Drapes, Window Treatments
  • Street Number Modifier: 240
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 1200
  • Water Frontage Feet Beach Prvt: 600
  • Water Frontage Feet Gulf Ocean: 600
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, 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, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Wheelchair Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Lighthouse Property Management
  • Phone: 941-312-5287
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2079
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 693
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8316
  • Total Monthly Fees: 693

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042012
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

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: 5766
  • Tax Book Number: 19-25
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

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
-5.75%

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
14.28%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $100 --
Warranty Deed $925,000 --
Warranty Deed -- Attorney
Warranty Deed $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

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Map

Source: Stellar MLS

MLS Number: A4433160

Stellar MLS

APN: 0013-04-2012