NOT LISTED FOR SALE

240 Sands Point Rd Unit 4607 Longboat Key, FL 34228

Estimated Value: $2,399,649

2 Beds
2 Baths
1,700 Sq Ft
4.13 Acres

Last Sold March 09, 2021

Last sale price $1,732,000 $1,019 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $15,177/month

14 Days on Market

Highlights

  • Golf Course Community
  • Property fronts gulf or ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Custom Home

About This Home

As of March 2021

Direct full views of the Gulf greet you from every room of this highly desirable and completely renovated two bedroom Deluxe penthouse at The Resort at Longboat Key Club. Located behind the gates of the coveted Longboat Key Club, owners will enjoy the updated coastal contemporary finishes and brand new furniture, flooring, electrical, plumbing and appliances. Currently in the hotel program this unit realized over $161K in 2019 annual gross income. The renovated rooms, main dining area, pool and guest services provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award for 33 consecutive years and Condé Nast Travelers Top Florida Resorts. The Resort at Longboat Key Club pampers the owners and guests with fine dining, 45 holes of Championship golf, tennis, spa/wellness center, full service marina, housekeeping service 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: 02/01/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 02/01/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,695

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • East Facing Home
  • Landscaped with Trees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,700 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Garage Space
  • Open Parking

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0013042036

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, manager, sewer, trash, water
  • Gabriella Barone Association, Phone Number (941) 460-5560
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions
  • 6-Story Property

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,695

Year Built

Built in 1982

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Property Description: Mid Rise
  • Water View: Yes
  • Construction Materials: Block
  • Living Area: 1700.00
  • Lot Size Acres: 4.13
  • Year Built: 1982
  • Building Area Total: 1700.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490397?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490397?w=Customer
  • Lot Size Sq Ft: 179731
  • Building Search Sq Meters: 157.94
  • Directions to Property: North on Gulf of Mexico Drive coming from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 4 is to the right and marked 240 Sands Point. Unit is on 6th floor all the way to the end.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • 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, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 6
  • Levels: One
  • Stories: 6
  • Window Features: Drapes
  • Living Area Meters: 157.94
  • Street Number Modifier: 240

Exterior Features

  • Direction Faces: East
  • Waterfront Feet Public Beach: 1
  • Waterfront Feet Gulf Ocean: 1
  • Water Access: Beach - Public, Gulf/Ocean
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Water View: Beach, Gulf/Ocean - Full
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0129F
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Parking Features: Guest, Open, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Inn On The Beach
  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Golf, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 4
  • Condo Fees: 3002
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 1001
  • Association Amenities: Cable, Elevators, Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Name: Gabriella Barone
  • Phone: 941-460-5560
  • Association Email: gabebarone@mgmt.tv
  • Association Website: http://www.lighthousepropertymanagement.net

Fee Information

  • Waterfront Frontage: 2
  • Total Annual Fees: 12008.00
  • Total Monthly Fees: 1000.67

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042036
  • Lot Features: CoastalConstruction Control Line
  • Lot Size Square Meters: 16698

Rental Info

  • Minimum Lease: 1-7 Days
  • Additional Lease Restrictions: See condo docs and URMA
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: See condo docs and URMA
  • Waterfront Features: Beach - Public, Gulf/Ocean

Tax Info

  • Tax Annual Amount: 14695.00
  • Tax Book Number: 19-25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 9, 2021
Sold by
Eden Wilma Newcombe and Wilma Newcombe Eden Revocable
Bought by
Star Leaf Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$1,699,000
Sold Price
$1,732,000
Premium/Discount to List
$33,000
1.94%
Current Estimated Value
$2,399,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,649
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Eden Wilma Newcombe and Eden Douglas Edward
Bought by
Eden Wilma Newcombe and Wilma Newcombe Eden Revocable Trust

Purchase Details

Closed on
Oct 1, 2016
Bought by
Wilma Newcombe Eden Revocable

Purchase Details

Closed on
Dec 15, 2010
Sold by
Eden Douglas Edward and Eden Wilma Newcombe
Bought by
Eden Wilma Newcombe

Purchase Details

Closed on
Sep 12, 2008
Sold by
Oakton Kostner Corp
Bought by
Eden Douglas Edward and Eden Wilma Newcombe

Purchase Details

Closed on
May 27, 2005
Sold by
Pasternak Gerald S and Pasternak Marilyn J
Bought by
Oakton Kostner Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
5.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Star Leaf Llc $1,732,000 Attorney
Eden Wilma Newcombe -- None Available
Wilma Newcombe Eden Revocable $100 --
Eden Wilma Newcombe -- Attorney
Eden Douglas Edward $1,115,000 Attorney
Oakton Kostner Corp $1,328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oakton Kostner Corp $956,250
Previous Owner Pasternak Gerald S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $1,732,000 +1.9% $1,019 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,699,000 -- $999 / 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 $23,090 $1,704,164 -- --
2023 $23,090 $1,839,100 $0 $1,839,100
2022 $19,670 $1,408,400 $0 $1,408,400
2021 $18,861 $1,359,700 $0 $1,359,700
2020 $14,695 $968,000 $0 $968,000
2019 $14,957 $1,011,000 $0 $1,011,000
2018 $14,914 $1,001,000 $0 $1,001,000
2017 $15,557 $1,032,000 $0 $1,032,000
2016 $14,985 $974,000 $0 $974,000
2015 $14,113 $911,000 $0 $911,000
2014 $12,943 $741,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Addy, PA

    Seller's Agent in 2021

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    95 in this area

    120 Total Sales

    Ian Addy, PA
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Map

Source: Stellar MLS

MLS Number: A4490397

Stellar MLS

APN: 0013-04-2036

Florida Sarasota County Longboat Key 34228

240 Sands Point Rd Unit 4607, Longboat Key, FL

This home is located at 240 Sands Point Rd Unit 4607, Longboat Key, FL 34228 since 01 February 2021 and is currently estimated at $2,399,649, approximately $1,411 per square foot. This property was built in 1982. 240 Sands Point Rd Unit 4607 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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