NOT LISTED FOR SALE

Estimated Value: $806,401

1 Bed
1 Bath
626 Sq Ft
$709/mo HOA Fee

Last Sold April 06, 2018

Last sale price $470,000 $751 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,858/month

21 Days on Market

Highlights

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

About This Home

As of April 2018

Directly on the beach with spectacular sunsets. Enjoy the resort lifestyle in this beach front condominium in a world class resort. To own in this 4-star resort, your indulged in every way. To own is like having a free holiday. Enjoy amenities like casual and fine dining on site, the resort includes six onsite restaurants, beach front pool, spa, tennis, fitness center & more. This True Condominium is the perfect way to own without any hassle of maintenance. Your luxurious home away from home offers a generous private storage closet so packing is NOT necessary. Relax w/your morning coffee on your terrace overlooking the turquoise waters of the Gulf of Mexico. Play in the waves on the beach-steps to the Gulf. Located on the South end of Longboat Key, minutes to fine dining, $10 million tennis center, 45 holes of golf, library, and shopping. Feeling like a change of scenery, a short drive over the bridge to St. Armand's Circle & downtown Sarasota. These activity rich areas offer fine & casual dining, boutiques, theater. With lots of enjoyment from the current owner. Currently in the hotel program, this popular and beautifully furnished junior club suite is an excellent rental income producer. This unit generated $80,000 in total revenue which resulted in $40,000 owner revenue. The property manager takes care of everything and you simply get a check every month.

Last Listed By

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 02/12/2018

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • Public Beach
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Condo Land Included

HOA Fees

  • $709 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 626 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • City 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

  • Assessor Parcel Number 0013042019

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, security, sewer, trash, water
  • Inn On The Beach Hotel Management Association
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • On-Site Maintenance
  • Leased Association Recreation
  • The community has rules related to deed restrictions
  • 6-Story Property

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,925

Year Built

Built in 1982

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 626
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 626
  • Directions to Property: South GMD to the light turn through the gates to the Inn On The Beach Longboat Key Resort; drive down to the resort. Building 4 is to your right.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 10 to less than 20
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94188
  • Price per Sq Ft: 750.8
  • Close to Original List Price Ratio: 0.94188
  • Ratio: Current Price\Building Area Total: 750.8
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Elevator, Open Floorplan, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 240
  • Room Count: 4
  • Additional Rooms: Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Storage
  • 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: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Beach - Public, 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 Gulf Ocean: 1200
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Parking Features: Covered, Guest, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Playground, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Playground, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Inn on the Beach Hotel Management
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2126
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 709
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8504
  • Total Monthly Fees: 708.67

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042019
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Application
  • Num Timesper Year: 365
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5925
  • 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
Feb 12, 2018
Closed on
Apr 4, 2018
Sold by
Gabriel Thomas and Gabriel Gillian
Bought by
Adams James E and The James E Adams Jr 2016 Revo
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Total Days on Market
21
Current Estimated Value
$806,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,401
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Brodkin Paul
Bought by
Gabriel Thomas and Gabriel Gillian

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 Buyer Sale Price Title Company
Adams James E $470,000 Attorney
Gabriel Thomas $399,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $470,000 -5.8% $751 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $499,000 -- $797 / 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 $8,135 $601,975 -- --
2023 $8,135 $649,700 $0 $649,700
2022 $6,927 $497,500 $0 $497,500
2021 $6,921 $482,800 $0 $482,800
2020 $5,633 $373,000 $0 $373,000
2019 $5,725 $389,000 $0 $389,000
2018 $5,721 $386,000 $0 $386,000
2017 $5,925 $398,000 $0 $398,000
2016 $5,710 $376,000 $0 $376,000
2015 $5,450 $352,000 $0 $352,000
2014 $4,996 $286,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4210155

Stellar MLS

APN: 0013-04-2019