NOT LISTED FOR SALE

240 Sands Point Rd Unit 4303 Longboat Key, FL 34228

Estimated Value: $933,276

1 Bed
1 Bath
640 Sq Ft
$714/mo HOA Fee

Last Sold December 28, 2020

Last sale price $650,000 $1,016 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,578/month

8 Days on Market

Highlights

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

About This Home

As of December 2020

Enjoy beach and sunset views, along with healthy income from this completely renovated, turnkey furnished Junior Suite. Located in the highly desirable Building 4 which offers the best sunset views, this unit is currently in the hotel program and realized over $92K in 2018 gross revenue, which was pre-construction and over $82K in 2019 gross revenue amidst the resort’s extensive renovation where discounted rates were offered. The furniture, flooring electrical, plumbing and appliances are all brand new. The renovated rooms, main dining area, pool and guest services will provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award for 33 consecutive years and Condé Nast Travelers Top Florida Resorts. The Resort at Longboat Key Club pampers the owners and guests with fine dining, 45 holes of Championship golf, tennis, spa/wellness center, full service marina, maid service and staff to make your vacation a memorable one.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 11/20/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Bill Anderson

MICHAEL SAUNDERS & COMPANY License #3288173

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,946

Year Built

  • Built in 1982

Lot Details

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

HOA Fees

  • $714 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

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

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Parking Garage Space
  • Open Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • 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, sewer, trash, water
  • Lighthouse Property Management/Alex Mcgonigal Association, Phone Number (941) 460-5560
  • 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
  • 6-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,946

Year Built

Built in 1982

Lot Details

0

HOA Fees

$714 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
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 640
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Lot Size Sq Ft: 179731
  • Directions to Property: North on Gulf of Mexico Drive coming from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 4 is the farthest building to the right (north) on the beach.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484343?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484343?w=Customer
  • Floor Number: 3
  • 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: 0.985
  • Price per Sq Ft: 1015.63
  • Close to Original List Price Ratio: 0.985
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • 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
  • Stories: 6
  • Window Features: Drapes
  • Street Number Modifier: 240
  • 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, Porch
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, 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 Prvt: 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 Available, Electricity Connected
  • 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, 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: 2141
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management/Alex McGonigal
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8564
  • Monthly HOA Fee: 713.67
  • Total Monthly Fees: 713.67

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042017
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

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: 5946
  • Tax Book Number: 19-25
  • Tax Lot: 4303

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Digenan and Margaret
Bought by
Thomas Digenan Trust
Current Estimated Value
$933,276

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 28, 2020
Sold by
Gross James M and Gross James M
Bought by
Digenan Thomas and Digenan Margaret
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$659,900
Sold Price
$650,000
Premium/Discount to List
-$9,900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Nov 29, 2018
Sold by
Gross James M and Gross 2012 Lifetime T Walter A
Bought by
Gross James M and James M Gross Revocable Family

Purchase Details

Closed on
Sep 22, 2017
Sold by
Bsr Longboat Kent Llc
Bought by
Gross James M and Walter A Gross 2012 Lifetime Trust

Purchase Details

Closed on
Nov 1, 2016
Bought by
Bsr Longboat Kent Llc

Purchase Details

Closed on
Jul 1, 2016
Bought by
Bsr Longboat Kent Llc

Purchase Details

Listed on
Jan 8, 2013
Closed on
May 23, 2013
Sold by
Vranich Diane P
Bought by
The Benjamin Shapiro Realty Limited Liab
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
May 1, 1996
Sold by
Cohen Richard A and Cohen Mary Ann
Bought by
Vranich Michael C and Vranich Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Thomas Digenan Trust -- Rosenberg David H
Digenan Thomas $650,000 Msc Title Inc
Gross James M -- Attorney
Gross James M $482,500 Attorney
Bsr Longboat Kent Llc $100 --
Bsr Longboat Kent Llc $100 --
The Benjamin Shapiro Realty Limited Liab $425,000 Attorney
Vranich Michael C $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grand Bay Blvd Llc $1,450,000
Previous Owner Vranich Michael C $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $650,000 -1.5% $1,016 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $659,900 +55.3% $1,031 / Sq Ft
05/23/2013 05/23/13 Sold $425,000 -3.2% $664 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $439,000 -- $686 / 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 $8,510 $615,527 -- --
2023 $8,510 $664,200 $0 $664,200
2022 $7,276 $508,700 $0 $508,700
2021 $7,437 $493,600 $0 $493,600
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 $5,606 $359,000 $0 $359,000
2014 $5,149 $292,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Addy, PA

    Seller's Agent in 2020

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    95 in this area

    120 Total Sales

    Ian Addy, PA
    Section Image
  • Bill Anderson

    Buyer's Agent in 2020

    Bill Anderson

    Michael Saunders

    (941) 313-4059

    22 in this area

    26 Total Sales

    Bill Anderson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4484343

Stellar MLS

APN: 0013-04-2017

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4303, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4303, Longboat Key, FL 34228 since 20 November 2020 and is currently estimated at $933,276, approximately $1,458 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4303 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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