NOT LISTED FOR SALE

250 Sands Point Rd Unit 5104 Longboat Key, FL 34228

Estimated Value: $707,165

1 Bed
1 Bath
634 Sq Ft
$735/mo HOA Fee

Last Sold September 07, 2021

Last sale price $610,000 $962 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,044/month

107 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Golf Course Community
  • Private Beach
  • Heated Lap Pool

About This Home

As of September 2021

Inn on the Beach at the Longboat Key Club Resort. Escape to the life you deserve in completely renovated comforts with world-class views and resort-quality amenities surrounded by paradise. Overlooking pristine azure horizons and the Longboat Key Club’s Island-Side golf course, this turnkey furnished residence practically pays you to live out your vacation dreams. The recently improved condo features new furniture, flooring, electrical, plumbing and appliances to create an upscale and modern atmosphere throughout that enhances form and functionality. A large outdoor deck space accentuates and establishes the desirable indoor-outdoor lifestyle expected while residing on Florida’s Gulf Coast. Currently enrolled in the Longboat Key Club Resort’s hotel/rental program, this residence has previously reported gross rental revenue in 2017 and 2018 was $65,000 and $69,000 respectively (renovation 2019, COVID 2020), – making this an incredible income-producing opportunity while you’re away. The amenities and upper-class experience provided by Inn on the Beach are enough to keep the residence in high demand during the rental season. Recently renovated, the community features a main dining and lounge area, guest services, pool, championship golf, tennis courts, a spa and wellness center, a full-service marina, as well as maid service and staff. Located on Longboat Key, enjoy access to phenomenal Gulf beaches and being just minutes to acclaimed cultural hotspots, entertainment, sports, dining, shopping, and more.

Last Agent to Sell the Property

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY License #3436836 Listed on: 04/01/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1982

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Private Beach
  • Public Beach
  • Southwest Facing Home

HOA Fees

  • $735 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 634 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Golf Course Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Ground Level Parking
  • Guest Parking
  • Open Parking

Pool

  • Heated Lap Pool
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Pool Tile
  • Pool Lighting

Outdoor Features

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

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, sewer, trash, water
  • Gabriella Barone Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Mid-Rise Condominium
  • Inn On The Beach Community
  • Inn On The Beach Ph II Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,651

Year Built

Built in 1982

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 634
  • Lot Size Acres: 4.13
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 634
  • Lot Size Sq Ft: 179731
  • Directions to Property: From St. Armands Circle, go north on John Ringling Parkway to Longboat Key. Go north on Gulf of Mexico Drive and take a Left on Longboat Club Road traffic light. Left on Sands Point Road. Right into Resort. Building 5 is just the to the north (right) of the main check-in and marked 250 Sands Point Road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4496014?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4496014?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 962.15
  • Close to Original List Price Ratio: 0.93991
  • Ratio: Current Price\Building Area Total: 962.15
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Drapes
  • Street Number Modifier: 250
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Deck, Gunite, Heated, Lap, Lighting, Tile
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Golf Course
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 500
  • Additional Water Information: Community Beach Access Longboat Key Club
  • Water Frontage Feet Gulf Ocean: 500
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Ground Level, Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • 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: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Tennis Courts, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Gated, Golf Course, Pool, Security, Tennis Court(s)
  • Association Name: Gabriella Barone
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: Yes
  • Condo Fees: 2205
  • Condo Fees Term: Quarterly
  • Association Website: www.lighthousepropertymanagement.net
  • Association Email: gabebarone@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 735
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8820
  • Total Monthly Fees: 735

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042040
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Level, Near Golf Course
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: As per Association Guidelines
  • Num Timesper Year: 365
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per Association Guidelines

Tax Info

  • Tax Annual Amount: 3651
  • Tax Book Number: 19-25
  • Tax Lot: 5104

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Sep 7, 2021
Sold by
Zimmer Robert A and Barnes Steven
Bought by
Fiebelkorn Matthew and Fiebelkorn Nicole
Seller's Agent
Steve and Janet Walter
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%
Current Estimated Value
$707,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,165
Avg. Annual Appreciation
3.73%
Original Mortgage
$466,650
Outstanding Balance
$426,464
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$280,701

Purchase Details

Closed on
May 13, 2005
Sold by
Buchanan Vernon and Buchanan Sandra
Bought by
Zimmer Robert A and Barnes Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
2.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2000
Sold by
Parks Robert T and Parks Lori M
Bought by
Buchanan Vernon and Buchanan Sandra

Purchase Details

Closed on
Nov 22, 1996
Sold by
Garber Joseph M
Bought by
Parks Robert T and Parks Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.83%
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
Fiebelkorn Matthew $610,000 Attorney
Zimmer Robert A $395,000 Msc Title Inc
Buchanan Vernon $185,000 --
Parks Robert T $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiebelkorn Matthew $466,650
Previous Owner Zimmer Robert A $306,000
Previous Owner Zimmer Robert A $316,000
Previous Owner Parks Robert T $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $610,000 0.0% $962 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $610,000 -4.5% $962 / Sq Ft
06/29/2021 06/29/21 For Sale $639,000 0.0% $1,008 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $639,000 -1.5% $1,008 / Sq Ft
04/01/2021 04/01/21 For Sale $649,000 -- $1,024 / 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 $6,884 $494,043 -- --
2023 $6,884 $533,200 $0 $533,200
2022 $5,892 $408,300 $0 $408,300
2021 $5,705 $462,300 $0 $462,300
2020 $3,651 $227,000 $0 $227,000
2019 $3,711 $237,000 $0 $237,000
2018 $3,485 $220,000 $0 $220,000
2017 $3,573 $227,000 $0 $227,000
2016 $3,458 $215,000 $0 $215,000
2015 $3,139 $201,000 $0 $201,000
2014 $3,001 $172,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve and Janet Walter

    Seller's Agent in 2021

    Steve and Janet Walter

    Michael Saunders

    (941) 809-0907

    51 in this area

    61 Total Sales

    Steve and Janet Walter
    Section Image
  • Janet Walter

    Seller Co-Listing Agent in 2021

    Janet Walter

    Michael Saunders

    (941) 232-2000

    60 in this area

    75 Total Sales

    Janet Walter
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4496014

Stellar MLS

APN: 0013-04-2040

Florida Sarasota County Longboat Key 34228

250 Sands Point Rd Unit 5104, Longboat Key, FL

This home is located at 250 Sands Point Rd Unit 5104, Longboat Key, FL 34228 since 01 April 2021 and is currently estimated at $707,165, approximately $1,115 per square foot. This property was built in 1982. 250 Sands Point Rd Unit 5104 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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