$425,000
SOLD MAY 23, 2013

240 Sands Point Rd Unit 4303 Longboat Key, FL 34228

1 Bed
1 Bath
640 Sq Ft
$675/mo HOA Fee

Recently Sold

$664 Per Sq Ft

3% Below List Price

111 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Saltwater Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of December 2020

Highly sought after, building 4, direct beach front Club Suite in the hotel program at the world class Longboat Key Club & Resort. Picture perfect sunsets from your balcony, white sandy beaches and azure waters of the Gulf of Mexico make this unit very desirable. The gross income for this condo was $74,200+ in 2012. This condo-hotel has received the AAA Four-Diamond rating 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. Longboat Key Club & Resort 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 Brokerage Phone: 941-383-7591 License #3066979 Listed on: 01/08/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 01/08/2013

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 640 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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
  • Lighthouse Property Management (941) 312 5287 Association
  • 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

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,902

Year Built

Built in 1982

Lot Details

0

HOA Fees

$675 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, Stucco
  • Fireplace: No
  • Living Area: 640
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 640
  • Directions to Property: Take GMD, left on Longboat Key Club Road to Resort, Building 4
  • Status: Sold
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 664.06
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-7591
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 240
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 59.46
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1200

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 2025
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management - (941) 312-5287
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: BUILDING 4

Fee Information

  • Total Annual Fees: 8100.00
  • Total Monthly Fees: 675.00

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, FloodZone, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-05-23T00:00:00.000

Tax Info

  • Tax Annual Amount: 3902
  • Tax Book Number: 0019/0025
  • Tax Lot: 4303

Multi Family

  • Waterfront Features: 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

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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 -- Rosenberg David H
Warranty Deed $650,000 Msc Title Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $482,500 Attorney
Deed $100 --
Deed $100 --
Warranty Deed $425,000 Attorney
Warranty Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,450,000 Commercial
Previous Owner $255,000 No Value Available
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

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Map

Source: Stellar MLS

MLS Number: A3971194

Stellar MLS

APN: 0013-04-2017