NOT LISTED FOR SALE

240 Sands Point Rd Unit 4401 Longboat Key, FL 34228

Estimated Value: $885,191

1 Bed
1 Bath
739 Sq Ft
$759/mo HOA Fee

Last Sold August 31, 2022

Last sale price $949,000 $1,284 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,337/month

1 Day on Market

Highlights

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

About This Home

As of August 2022

Highly desirable and rarely available Corner Junior Suite with extra square footage and spectacular Gulf and Sunset views in Building 4 now available. This completely renovated unit with unique details is currently in the hotel program and reported over $120K gross income in 2021. With over $100K already on the books through June 2022, the unit is on track to realize an even higher income this year. The owners went the extra mile during property renovations and outfitted the private owner's closet with a custom California Closet which keeps wine, golf clubs, pool and personal items extremely organized. For those unfamiiar with the Resort, Building 4 is situated farthest north on the beach where owners value privacy from the pool activities, but are still close to all of the amenities. The Resort went through renovations property-wide in 2019/2020 including the rooms, main dining area, pool and guest services, all to provide an enhanced product and elevated experience for visitors and owners. This translates to higher room rates and higher owner income. The Resort at Longboat Key Club pampers owners and guests with exclusive fine dining, 45 holes of Championship Golf, Tennis Gardens, Spa/Wellness Center, full service Marina, housekeeping 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: 07/19/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Patricia Tan

COLDWELL BANKER REALTY License #3096431

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,921

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • End Unit
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $759 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 739 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch

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
  • Melinda Mader/Lighthouse Property Management 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

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,921

Year Built

Built in 1982

Lot Details

0

HOA Fees

$759 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
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 739
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 739
  • Lot Size Sq Ft: 179731
  • Directions to Property: North on Gulf of Mexico Drive from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 4 is labeled 240 Sands Point Road on the front of the building farthest north on the beach. Take elevator to 4th floor.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542676?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542676?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1284.17
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1284.17
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 6
  • Window Features: Drapes
  • Street Number Modifier: 240
  • Room Count: 3
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

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, Patio
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: 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: 2
  • Water Frontage Feet Beach Pub: 1
  • Water Frontage Feet Gulf Ocean: 1
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • 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 Frequency: Quarterly
  • Association Name: Melinda Mader/Lighthouse Property Management
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2277
  • Condo Fees Term: Quarterly
  • Association Email: MelindaMader@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 759
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9108
  • Total Monthly Fees: 759

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042022
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • 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: 7921
  • Tax Book Number: 19-25
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 31, 2022
Sold by
Lagow Roxann Parker
Bought by
Susan Griffith Lusk Trust and Lusk
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Patricia Tan
COLDWELL BANKER REALTY
List Price
$949,000
Sold Price
$949,000
Views
3
Current Estimated Value
$885,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,809
Avg. Annual Appreciation
-0.75%
Original Mortgage
$300,000
Outstanding Balance
$289,165
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$638,196

Purchase Details

Closed on
Aug 15, 2016
Sold by
Bsr Longboat Llc
Bought by
Lagow Roxann Parker

Purchase Details

Closed on
Jul 1, 2009
Sold by
Shapiro Stephen J
Bought by
Bsr Longboat Llc

Purchase Details

Closed on
Mar 3, 2004
Sold by
Dzongowski Naso T and Dzongowski Helen
Bought by
Shapiro Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.63%
Mortgage Type
Commercial
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
Susan Griffith Lusk Trust $949,000 None Listed On Document
Lagow Roxann Parker $495,000 None Available
Bsr Longboat Llc -- Attorney
Shapiro Stephen J $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susan Griffith Lusk Trust $300,000
Previous Owner Lagow Roxann Parker $150,000
Previous Owner Shapiro Stephen J $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $949,000 0.0% $1,284 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $949,000 -- $1,284 / 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 $10,841 $856,790 -- --
2023 $10,841 $778,900 $0 $778,900
2022 $8,011 $596,500 $0 $596,500
2021 $7,921 $576,000 $0 $576,000
2020 $6,006 $385,000 $0 $385,000
2019 $6,094 $401,000 $0 $401,000
2018 $6,090 $398,000 $0 $398,000
2017 $6,312 $411,000 $0 $411,000
2016 $6,086 $388,000 $0 $388,000
2015 $5,621 $363,000 $0 $363,000
2014 $5,153 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Addy, PA

    Seller's Agent in 2022

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    90 in this area

    114 Total Sales

    Ian Addy, PA
    Section Image
  • Patricia Tan

    Buyer's Agent in 2022

    Patricia Tan

    COLDWELL BANKER REALTY

    (941) 504-9232

    2 in this area

    97 Total Sales

    Patricia Tan
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4542676

Stellar MLS

APN: 0013-04-2022

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4401, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4401, Longboat Key, FL 34228 since 19 July 2022 and is currently estimated at $885,191, approximately $1,197 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4401 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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