NOT LISTED FOR SALE

240 Sands Point Rd Unit 4407 Longboat Key, FL 34228

Longboat Key Club Neighborhood

Estimated Value: $2,526,009

2 Beds
2 Baths
1,603 Sq Ft
$1,228/mo HOA Fee

Last Sold March 02, 2023

Last sale price $2,600,000 $1,622 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $16,920/month

4 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Gated Community
  • Southside Elementary School Rated A
  • Heated In Ground Pool
  • End Unit

About This Home

As of March 2023

Enjoy direct views of the Gulf of Mexico from this completely renovated turnkey 2-bedroom, 2-bath end unit condo/hotel at the award-winning luxurious Inn on the Beach at Long Boat Key Club. The Resort at Long Boat Key Club has numerous amenities including 45 holes of golf, tennis, fine dining, marina, spa, and maid service. Unit is currently in the Rental Program. Enjoy the pool, and private pampering that both guests and owners receive. Located near St. Armand's Circle, with numerous shops and restaurants, this vacation and income property is a must!!

Last Listed By

Mark Scallen

ALLEN REAL ESTATE SERVICES INC License #3328282 Listed on: 01/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,105

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • End Unit
  • West Facing Home

HOA Fees

  • $1,228 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,603 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Carport
  • Parking Garage Space
  • Open Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Water Access
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 0013042028

Community Details

Overview

  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • Rental Restrictions
  • 6-Story Property

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,105

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,228 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1603
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1603
  • Directions to Property: North on Gulf of Mexico Dr. when coming from St. Armand's. Left on Longboat Club Road. Left on Sands Point Rd., Bldg. #4
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.98113
  • Price per Sq Ft: 1621.96
  • Close to Original List Price Ratio: 0.98113
  • Ratio: Current Price\Building Area Total: 1621.96
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Insulated Windows, Window Treatments
  • Street Number Modifier: 240
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Porch, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Open, Under Building
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pool, Water Access
  • Association: No
  • Security: Gated Community, Key Card Entry, Security Gate
  • Senior Community: No
  • Condo Fees: 3683
  • Management: Full Time
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 1228
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 14732
  • Total Monthly Fees: 1227.67

Schools

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

Lot Info

  • Zoning: AE
  • Parcel Number: 0013042028
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see condo docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 17105
  • 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
Jan 26, 2023
Closed on
Mar 2, 2023
Sold by
Equity Properties Limited
Bought by
Lbk 4407 Llc
Seller's Agent
Mark Scallen
ALLEN REAL ESTATE SERVICES INC
Buyer's Agent
Barbara Miller, Pa
COLDWELL BANKER REALTY
List Price
$2,650,000
Sold Price
$2,600,000
Premium/Discount to List
-$50,000
-1.89%
Total Days on Market
4
Views
21
Current Estimated Value
$2,526,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,991
Avg. Annual Appreciation
1.55%

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 1, 2018
Sold by
Torretta Building Operations Inc
Bought by
Equity Properties Limited
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mark Scallen
ALLEN REAL ESTATE SERVICES INC
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.83%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Schwartz Peter and Schwartz Peter L
Bought by
Torretta Building Operations Inc

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
Lbk 4407 Llc $2,600,000 --
Equity Properties Limited $1,175,000 Attorney
Torretta Building Operations Inc $1,012,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jvr Investments Llc $2,500,000
Previous Owner Schwartz Peter L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $2,600,000 -1.9% $1,622 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $2,650,000 +125.5% $1,653 / Sq Ft
05/01/2018 05/01/18 Sold $1,175,000 -9.3% $733 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,295,000 -- $808 / 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 $20,258 $1,879,900 -- $1,879,900
2023 $20,258 $1,770,100 $0 $1,770,100
2022 $17,105 $1,355,600 $0 $1,355,600
2021 $16,930 $1,308,800 $0 $1,308,800
2020 $12,190 $813,000 $0 $813,000
2019 $12,409 $849,000 $0 $849,000
2018 $12,379 $841,000 $0 $841,000
2017 $12,923 $868,000 $0 $868,000
2016 $12,438 $819,000 $0 $819,000
2015 $11,866 $766,000 $0 $766,000
2014 $10,882 $623,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Scallen

    ALLEN REAL ESTATE SERVICES INC

    (941) 586-2444

    5 in this area

    17 Total Sales

    Mark Scallen
    Section Image
  • Barbara Miller, Pa

    Buyer's Agent in 2023

    Barbara Miller, Pa

    COLDWELL BANKER REALTY

    (941) 780-1827

    12 in this area

    32 Total Sales

    Barbara Miller, Pa
    Section Image
  • Ian Addy, PA

    Seller's Agent in 2018

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    42 in this area

    118 Total Sales

    Ian Addy, PA
    Section Image
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Source: Stellar MLS

MLS Number: A4558236

Stellar MLS

APN: 0013-04-2028

Florida Sarasota County Longboat Key 34228 Longboat Key Club

240 Sands Point Rd Unit 4407, Longboat Key, FL

Homes for Sale in Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4407, Longboat Key, FL 34228 since 26 January 2023 and is currently estimated at $2,526,009, approximately $1,575 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4407 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