$925,000
SOLD NOV 30, 2022

240 Sands Point Rd Unit 4205 Longboat Key, FL 34228

1 Bed
1 Bath
640 Sq Ft
$759/mo HOA Fee

Recently Sold

$1,445 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Beach View
  • Beach Access
  • Property fronts gulf or ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of March 2024

Enjoy full direct views of the Gulf of Mexico along with a healthy income from this completely renovated, turnkey furnished Junior Suite at the renowned Resort at Longboat Key Club managed by Ocean Properties. Located in the private and highly desirable Building 4, this unit is currently in the hotel program and realized over $115K in 2021 gross revenue and has reported over $138K year-to-date through September with 2 months left to report. 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 License #3066979 Listed on: 11/01/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 11/01/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,872

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $759 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 in Kitchen
  • Dryer
  • Washer

Parking

  • Parking Garage Space
  • Open Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Beach Access
  • 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, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, sewer, trash, water
  • Melinda Mader Association, Phone Number (941) 460-5560
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,872

Year Built

Built in 1982

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, 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 Road. Left on Sands Point Road. Right into Resort. Building 4 is labeled 240 Sands pont Road on the front of the building farthest north on the beach. Take elevator to 2nd floor.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551046?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551046?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96859
  • Price per Sq Ft: 1445.31
  • Close to Original List Price Ratio: 0.96859
  • Ratio: Current Price\Building Area Total: 1445.31
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • 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
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Drapes
  • 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
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 2
  • Water Frontage Feet Beach Pub: 1
  • Water Frontage Feet Gulf Ocean: 1
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Under Building
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen, 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, Golf, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Melinda Mader
  • Phone: 941-460-5560x410
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2277
  • Condo Fees Term: Quarterly
  • Association Email: melindamader@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 759
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9108
  • Total Monthly Fees: 759

Lot Info

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

Rental Info

  • Furnished: Turnkey
  • 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: 6872
  • Tax Book Number: 19-25
  • Tax Lot: 0

Multi Family

  • Waterfront Features: 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

  • Ian Addy, PA

    Seller's Agent in 2024

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    95 in this area

    119 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: A4551046

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 and is currently priced at $925,000, approximately $1,445 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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