NOT LISTED FOR SALE

250 Sands Point Rd Unit 5106 Longboat Key, FL 34228

Estimated Value: $548,511

1 Bed
1 Bath
634 Sq Ft
$675/mo HOA Fee

Last Sold August 10, 2018

Last sale price $327,500 $517 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,224/month

109 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Fitness Center
  • 4.1 Acre Lot
  • Southside Elementary School Rated A
  • Golf Course View
  • Open Floorplan

About This Home

As of August 2018

Inn on the Beach, is a four Star Diamond Resort. First floor golf course view with "walk down" to open deck and luxurious grounds. This unit is a part of the onsite rental management, with loads of income, ideal for gathering rental income while owner is not in residence. Turnkey furnished. Moments away from the spectacular world-renowned beach, enjoy picturesque sunsets, play world-class golf, relax in the spa, train in the fitness center or dine in one of the five onsite restaurants. Within easy reach is St. Armands Circle, with its cultured cuisine and boutique shopping.

Last Agent to Sell the Property

Dennis Girard

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3007451 Listed on: 12/18/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Michael Renick

MANGROVE REALTY ASSOCIATES License #3241900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Golf Course
  • Garden

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 634 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Open Parking

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • Lighthouse Management 941 312 5287 Association
  • 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
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,573

Year Built

Built in 1982

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 634
  • Lot Size Acres: 4.1
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 634
  • Lot Size Sq Ft: 179731
  • Directions to Property: From St. Armand's arrive on Longboat Key make 1st left, tell guard where your going, make next left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4204613&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4204613&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Home Warranty Y N: No
  • Subdivision Num: 7711
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.99273
  • Price per Sq Ft: 516.56
  • Close to Original List Price Ratio: 0.99273
  • Ratio: Current Price\Building Area Total: 516.56
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 250
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Garden, Golf Course
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 1200
  • Water Frontage Feet Gulf Ocean: 1200
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Parking Features: In Garage, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • 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, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Tennis Court(s)
  • Association Name: Lighthouse Management 941-312-5287
  • Association: No
  • Senior Community: No
  • Condo Fees: 2025
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 675
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8100
  • Total Monthly Fees: 675

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042042
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 3573
  • Tax Block: 3007
  • Tax Book Number: 19-25
  • Tax Lot: 5106

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Aug 14, 2018
Sold by
Grimaldi Stephen D
Bought by
Grimaldi Stephen D and Grimaldi Grazyna
Seller's Agent
Dennis Girard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$329,900
Sold Price
$327,500
Premium/Discount to List
-$2,400
-0.73%
Current Estimated Value
$548,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,011
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Aug 10, 2018
Sold by
Fp Silver Sands Llc
Bought by
Grimaldi Stephen D
Seller's Agent
Dennis Girard
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$329,900
Sold Price
$327,500
Premium/Discount to List
-$2,400
-0.73%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Givens Bret A and Givens Cynthia K
Bought by
Fp Silver Sands Llc

Purchase Details

Closed on
Sep 2, 2016
Sold by
Serino Brian and Serino Shelia
Bought by
Givens Bret A and Givens Cynthia K

Purchase Details

Closed on
Oct 7, 2015
Sold by
Conforti Arthur and Conforti Donna
Bought by
Serino Brian and Serino Sheila

Purchase Details

Closed on
Mar 31, 2006
Sold by
Maloney Michael B and Maloney Barbara A
Bought by
Conforti Arthur and Conforti Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1998
Sold by
Epstein Sondra and Epstein Martin J
Bought by
Margaret Young Family Ltd Ptnr

Purchase Details

Closed on
Nov 8, 1996
Sold by
Litzky Joan A
Bought by
Epstein Anne
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
Grimaldi Stephen D -- Attorney
Grimaldi Stephen D $327,500 Attorney
Fp Silver Sands Llc $290,000 Attorney
Givens Bret A $330,000 None Available
Serino Brian $300,000 None Available
Conforti Arthur $425,000 East West Title Company
Margaret Young Family Ltd Ptnr $192,000 --
Epstein Anne $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conforti Arthur $297,500
Previous Owner Conforti Arthur $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $327,500 -0.7% $517 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $329,900 -- $520 / 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 $6,237 $397,836 -- --
2023 $6,237 $533,200 $0 $533,200
2022 $5,296 $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

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Map

Source: Stellar MLS

MLS Number: A4204613

Stellar MLS

APN: 0013-04-2042