Seller's Agent in 2014
Ian Addy, PA
Michael Saunders
(941) 961-8850
94 Total Sales
250 Sands Point Rd Unit 5401 Longboat Key, FL 34228
2
Beds
2
Baths
1,388
Sq Ft
4.13
Acre Lot
Highlights
- 1,200 Feet of Waterfront
- Golf Course Community
- Heated In Ground Pool
- Southside Elementary School Rated A
- Fitness Center
- Full Bay or Harbor Views
About This Home
As of June 2014Best priced completely renovated two bedroom "Lock-Out" unit with 2013 gross income of $101,000+ at the Longboat Key Club & Resort with remarkable bay and golf course views. The onsite hotel program generated income growth up +41% over 2012 for this unit. Tastefully renovated and sold turnkey furnished. This property is located in an exclusive, gated resort and is located just off the mainland of Sarasota, Florida. This extraordinary resort is a condominium-hotel offering buyers attractive rental possibilities. The purchase of this condominium unit entitles you to participate in the Ownership Rental Program. Longboat Key Club and Resort pampers the owners and guests with fine dining, golf, tennis, spa, fitness center, club concierge, maid service and friendly staff to make your vacation a memorable one. PROPERTY RECENTLY REDUCED $100,000!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 02/25/2010
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,581
Year Built
- Built in 1982
Lot Details
- 1,200 Feet of Waterfront
- Property fronts gulf or ocean
- End Unit
- Southwest Facing Home
HOA Fees
- $938 Monthly HOA Fees
Home Design
- Slab Foundation
- Block Exterior
Interior Spaces
- 1,388 Sq Ft Home
- 4-Story Property
- Furnished
- Sliding Doors
- Formal Dining Room
- Inside Utility
- Dryer
- Full Bay or Harbor Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Pool
- Heated In Ground Pool
- Heated Spa
Outdoor Features
- Deck
- Patio
- Porch
Mobile Home
- Mobile Home Model is Lock-out
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 0013042058
Community Details
Overview
- Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, sewer, trash, water
- Mid-Rise Community
- Inn On The Beach Condos
- Inn On The Beach Community
- Inn On The Beach Ph II Subdivision
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- No Pets Allowed
Additional Features
- Gated Community
- Elevator
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2024
Sold by
Bought by
Purchase Details
Listed on
Feb 25, 2010
Closed on
Jun 11, 2014
Sold by
Bought by
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jenifer Schwell
MICHAEL SAUNDERS & COMPANY
List Price
$699,000
Sold Price
$545,000
Premium/Discount to List
-$154,000
-22.03%
Purchase Details
Closed on
Aug 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $100 | None Listed On Document | ||
| $545,000 | Attorney | ||
| $659,000 | Riddell Title & Escrow |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2014 06/11/14 | Sold | $545,000 | -9.0% | $393 / Sq Ft |
| 05/01/2014 05/01/14 | Pending | -- | -- | -- |
| 03/10/2014 03/10/14 | Price Changed | $599,000 | -14.3% | $432 / Sq Ft |
| 02/25/2010 02/25/10 | For Sale | $699,000 | -- | $504 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $13,934 | $1,229,400 | -- | $1,229,400 |
| 2024 | $13,086 | $857,297 | -- | -- |
| 2023 | $13,086 | $1,153,500 | $0 | $1,153,500 |
| 2022 | $11,052 | $883,400 | $0 | $883,400 |
| 2021 | $11,905 | $995,100 | $0 | $995,100 |
| 2020 | $7,557 | $494,000 | $0 | $494,000 |
| 2019 | $7,691 | $516,000 | $0 | $516,000 |
| 2018 | $7,188 | $478,000 | $0 | $478,000 |
| 2017 | $7,533 | $493,000 | $0 | $493,000 |
| 2016 | $7,270 | $466,000 | $0 | $466,000 |
| 2015 | $6,808 | $436,000 | $0 | $436,000 |
| 2014 | $6,496 | $372,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Addy, PA
-
Jenifer Schwell
Buyer's Agent in 2014
Jenifer Schwell
Michael Saunders
(941) 780-0968
9 Total Sales
Map
Source: Stellar MLS
MLS Number: A3921919
APN: 0013-04-2058
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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