NOT LISTED FOR SALE

Estimated Value: $2,927,125

2 Beds
2 Baths
1,603 Sq Ft
$919/mo HOA Fee

Last Sold June 07, 2013

Last sale price $1,090,000 $680 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $18,843/month

265 Days on Market

Highlights

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

About This Home

As of June 2013

Enjoy the amazing direct beachfront "Deluxe" residence in the hotel program at Longboat Key Club & Resort. Given this is the largest floor plan, you will have a larger terrace and a separate living and dining area. The gross rental revenue for 2012 was over $145,700. 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 owner may opt out. Longboat Key Club and 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 Listed By

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 08/15/2012

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,582

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $919 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,603 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • 1 to 7-Day Minimum Lease Term
  • Tax Lot 4307
  • Assessor Parcel Number 0013042021

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • 232 Units
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,582

Year Built

Built in 1982

Lot Details

0

HOA Fees

$919 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
  • Fireplace: No
  • Living Area: 1603
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1603
  • Lot Size Sq Ft: 179731
  • Directions to Property: From St. Armands Circle take John Ringling Parkway over New Pass bridge to Longboat Key. Go north on Gulf of Mexico to 1st traffic light Longboat Club Road, make left. Go thru guard gate to Inn on the Beach, bldg 4, 3rd floor.
  • Status: Sold
  • Ownership: Condominium
  • 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: 679.98
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,Mid Rise
  • 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: 2
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 240
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 148.92
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • 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, Private
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Complex Community Name Nccb: INN ON THE BEACH
  • Association Fee Requirement: None
  • Building Name Number: 4
  • Condo Fees: 2757

Fee Information

  • Total Annual Fees: 11028.00
  • Total Monthly Fees: 919.00

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042021
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-06-07T00:00:00.000

Multi Family

  • Number Of Units Total: 232
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 8582
  • Tax Book Number: 0019/0025
  • Tax Lot: 4307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Hamilton Katherine L S
Bought by
Palladlum Capital Investors Llc
Total Days on Market
265
Current Estimated Value
$2,927,125

Purchase Details

Closed on
Aug 28, 2018
Sold by
Hamilton John S
Bought by
Hamilton Katharine Ls

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jun 7, 2013
Sold by
Bendheim Thomas L and Bendheim Kathryn D
Bought by
Hamilton John S and Hamilton Katharine L S
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$1,195,000
Sold Price
$1,090,000
Premium/Discount to List
-$105,000
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jun 13, 2008
Sold by
Longboat Bay Hill Holdings Llc
Bought by
Bendheim Thomas L and Bendheim Kathryn D

Purchase Details

Closed on
Feb 23, 2000
Sold by
Keystone Foods L L C
Bought by
Longboat Bay Hill Holdings L L C

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
Palladlum Capital Investors Llc -- Attorney
Hamilton Katharine Ls $448,500 Attorney
Hamilton John S $1,090,000 Attorney
Bendheim Thomas L $825,000 North American Title Company
Longboat Bay Hill Holdings L L C $300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $1,090,000 -5.1% $680 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
02/22/2013 02/22/13 Price Changed $1,149,000 -3.8% $717 / Sq Ft
08/15/2012 08/15/12 For Sale $1,195,000 -- $745 / 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 $20,351 $1,415,652 -- --
2023 $20,351 $1,753,100 $0 $1,753,100
2022 $17,200 $1,342,500 $0 $1,342,500
2021 $16,968 $1,290,000 $0 $1,290,000
2020 $12,534 $841,000 $0 $841,000
2019 $12,757 $878,000 $0 $878,000
2018 $12,731 $870,000 $0 $870,000
2017 $13,354 $897,000 $0 $897,000
2016 $12,863 $847,000 $0 $847,000
2015 $12,367 $792,000 $0 $792,000
2014 $11,337 $643,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3964535

Stellar MLS

APN: 0013-04-2021