NOT LISTED FOR SALE

240 Sands Point Rd Unit 4601 Longboat Key, FL 34228

Estimated Value: $1,704,437

2 Beds
2 Baths
1,361 Sq Ft
$912/mo HOA Fee

Last Sold June 21, 2013

Last sale price $1,000,000 $735 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,952/month

335 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views

About This Home

As of June 2013

Behind the gates of the Longboat Key Club, in the exclusive AAA Four Diamond Inn on the Beach Resort, is where you will find this highly sought after, yet rarely available end residence Penthouse in Building 4, with a lock-out feature. Enjoy the views from the expansive balconies, of the sparkling turquoise waters of the Gulf of Mexico on the barrier island of Longboat Key, just off the coast of Sarasota, and you will know you have found paradise. The resort includes six onsite restaurants, heated gulf front pool and Jacuzzi, 45 holes of challenging golf, award winning 20 Har-Tru courts at the Tennis Gardens, Island House spa and fitness center, a 291 slip deep water marina. Currently in the hotel program, this popular and beautifully furnished B floor plan combines a Club Suite and 1 Bedroom Suite for dual income potential. With Concierge service and on-site rental management, this residence is very desirable. Gross income for Jan-Nov 2012 was $144,800.00.

Last Agent to Sell the Property

Charlotte Hedge

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0580252 Listed on: 06/29/2012

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Thomas Hedge, SR

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0593171

Last Buyer's Agent

Judy Nimz

MICHAEL SAUNDERS & COMPANY License #0575690

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,913

Year Built

  • Built in 1982

Lot Details

  • Beach Front
  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $912 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,361 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<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

  • Heated Indoor Pool
  • Saltwater Pool
  • Pool Tile
  • Auto Pool Cleaner

Outdoor Features

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

Location

  • Flood Zone Lot
  • Property is near public transit

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-Month Minimum Lease Term
  • Tax Lot 4601
  • Assessor Parcel Number 0013042033

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Lighthouse Mgmt 941 312 5287 Association
  • Inn On The Beach Community
  • Inn On The Beach Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,913

Year Built

Built in 1982

Lot Details

0

HOA Fees

$912 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1361
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1361
  • Lot Size Sq Ft: 179731
  • Directions to Property: Gulf of Mexico Dr. to left on Longboat Club Road to left on Sands Point, to right into Inn on the Beach to Bldg 4, 240 Sands Pt, 6th floor end unit.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 6
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 734.75
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Property Description: Corner Unit,End Unit,Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, 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
  • Stories: 6
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 240
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Great Room,Inside Utility
  • Living Area Meters: 126.44
  • Room Count: 5

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Auto Cleaner, Heated, Indoor, Salt Water, Tile
  • Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, 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: Guest, None, Open

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, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance
  • Association Fee: 2736.53
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mgmt 941-312-5287
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: 4

Fee Information

  • Total Annual Fees: 10946.12
  • Total Monthly Fees: 912.18

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042033
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit, Paved, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-06-21T00:00:00.000

Tax Info

  • Tax Annual Amount: 8913
  • Tax Book Number: 0019/0025
  • Tax Lot: 4601

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Barcomb Family Realty Partnership Llc
Bought by
Barcomb David A
Current Estimated Value
$1,704,437

Purchase Details

Closed on
Apr 4, 2017
Sold by
Barcomb David A
Bought by
Brcomb Family Realty Partnership Llc

Purchase Details

Closed on
Apr 1, 2017
Bought by
Barcomb Family Realty Partners

Purchase Details

Listed on
Jun 29, 2012
Closed on
Jun 21, 2013
Sold by
Lanese Anthony L and Lanese Lillian H
Bought by
Barcomb David A
Seller's Agent
Charlotte Hedge
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Judy Nimz
MICHAEL SAUNDERS & COMPANY
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Aug 6, 2009
Sold by
Marvista I Llc
Bought by
Lanese Anthony L and Lanese Lillian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2004
Sold by
Greiss Kamal and Greiss Jane R
Bought by
Mavista I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Barcomb David A -- Attorney
Brcomb Family Realty Partnership Llc -- Attorney
Barcomb Family Realty Partners $100 --
Barcomb David A $1,000,000 Attorney
Lanese Anthony L $800,000 Attorney
Mavista I Llc $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanese Anthony L $640,000
Previous Owner Mavista I Llc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $1,000,000 -9.1% $735 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
06/29/2012 06/29/12 For Sale $1,100,000 -- $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 $19,509 $1,456,719 -- --
2023 $19,509 $1,572,100 $0 $1,572,100
2022 $16,586 $1,203,900 $0 $1,203,900
2021 $15,751 $1,162,300 $0 $1,162,300
2020 $12,102 $812,000 $0 $812,000
2019 $12,321 $848,000 $0 $848,000
2018 $0 $840,000 $0 $840,000
2017 $12,908 $867,000 $0 $867,000
2016 $12,423 $818,000 $0 $818,000
2015 $11,946 $765,000 $0 $765,000
2014 $10,960 $622,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Charlotte Hedge

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 350-0100

    31 Total Sales

    Charlotte Hedge
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Thomas Hedge, SR

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-9506

    1 in this area

    37 Total Sales

    Thomas Hedge, SR
    Section Image
  • Judy Nimz

    Buyer's Agent in 2013

    Judy Nimz

    Michael Saunders

    (941) 374-0196

    2 in this area

    129 Total Sales

    Judy Nimz
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3962460

Stellar MLS

APN: 0013-04-2033

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4601, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4601, Longboat Key, FL 34228 since 29 June 2012 and is currently estimated at $1,704,437, approximately $1,252 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4601 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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