NOT LISTED FOR SALE

240 Sands Point Rd Unit 4307 Longboat Key, FL 34228

Estimated Value: $2,928,261

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 $18,787/month

265 Days on Market

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 Agent to Sell the Property

Ian Addy, PA

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

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

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

$20,351

Year Built

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
Current Estimated Value
$2,928,261

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
8.49%

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
Source: Public Records

Range of Values:

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Average Value
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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
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