NOT LISTED FOR SALE

250 Sands Point Rd Unit 5407 Longboat Key, FL 34228

Estimated Value: $1,201,144

2 Beds
2 Baths
1,700 Sq Ft
$984/mo HOA Fee

Last Sold April 02, 2018

Last sale price $700,000 $412 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,588/month

218 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Private Beach
  • Full Bay or Harbor Views

About This Home

As of April 2018

This Presidential suite residence offers a unique two-bedroom split floor plan with the largest square footage at Inn on the Beach at the Longboat Key Club & Resort. Enjoy breathtaking views from every room, including partial views of the Gulf of Mexico and the full Sarasota city skyline, with picturesque city lights sparkling at night. The interior has been recently refreshed and offers a coastal tropical feel. This community is located in a private gated enclave at the south end of Longboat Key, just minutes to St. Armands Circle. The residence is located in a condominium-hotel, offering buyers attractive rental possibilities. Luxury amenities available at the Longboat Key Club & Resort include fine dining, golf, tennis, spa, a fitness center, pool and spa, a youth club, a club concierge, maid service and a friendly staff. There is also first-class beach access to the gorgeous white sands of the Gulf of Mexico.

Last Agent to Sell the Property

Greg Van Natter

License #3270883 Listed on: 08/02/2017

Last Buyer's Agent

Michelle Dunbar

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3205049

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,798

Year Built

  • Built in 1982

Lot Details

  • 100 Feet of Waterfront
  • Property fronts a public beach
  • Private Beach
  • End Unit
  • Zero Lot Line

HOA Fees

  • $984 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Florida Architecture
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Storage Room
  • Inside Utility
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5407
  • Assessor Parcel Number 0013042061

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, sewer, trash, water
  • Lighthouse Management 941 312 5287 Association
  • Inn On The Beach Community
  • Inn On The Beach Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,798

Year Built

Built in 1982

Lot Details

0

HOA Fees

$984 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1700
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1820
  • Directions to Property: Gulf of Mexico Drive to Longboat Key Club, South entrance to Sands Point to Inn on the Beach Building 5.
  • Status: Sold
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.8761
  • Price per Sq Ft: 411.76
  • Close to Original List Price Ratio: 0.7874
  • Ratio: Current Price\Building Area Total: 384.62
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 250
  • Room Count: 5
  • Additional Rooms: Foyer, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 100
  • Water Frontage Feet Beach Pub: 100
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Parking Features: Covered, Guest, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated Community, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Gated, Maintenance, Optional Additional Fees, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Lighthouse Management 941-312-5287
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2952
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 984
  • Amenities Additional Fees: Amenities available for extra fee - fitness, dining, golf, tennis, etc.
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11808
  • Total Monthly Fees: 984

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042061
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Approval Process: Please see HOA or Condo Docs for rental restrictions.
  • Num Timesper Year: 365
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA or Condo Docs for rental restrictions

Multi Family

  • Number Of Units Total: 1
  • Waterfront Features: Beach - Public

Tax Info

  • Tax Annual Amount: 8798
  • Tax Book Number: 19-25
  • Tax Lot: 5407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Apr 2, 2018
Sold by
Ptld Llc
Bought by
Lb Unit Llc
Seller's Agent
Greg Van Natter
Buyer's Agent
Michelle Dunbar
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$849,000
Sold Price
$700,000
Premium/Discount to List
-$149,000
-17.55%
Current Estimated Value
$1,201,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,144
Avg. Annual Appreciation
7.48%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Nov 9, 2015
Sold by
Mchugh William L and Mchugh Susan S
Bought by
Ptld Llc
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Greg Van Natter
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Shannon Michael Scott
Bought by
Mchugh William L and Mchugh Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1998
Sold by
Weiner Walter I and Weiner Lucie D
Bought by
Shannon Michael Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.02%
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
Lb Unit Llc $700,000 Attorney
Ptld Llc $625,000 Attorney
Mchugh William L $450,000 --
Shannon Michael Scott $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh William L $500,000
Previous Owner Mchugh William L $360,000
Previous Owner Shannon Michael Scott $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $700,000 -12.4% $412 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
01/02/2018 01/02/18 Price Changed $799,000 -5.9% $470 / Sq Ft
11/06/2017 11/06/17 For Sale $849,000 0.0% $499 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $849,000 -4.5% $499 / Sq Ft
08/02/2017 08/02/17 For Sale $889,000 +42.2% $523 / Sq Ft
11/09/2015 11/09/15 Sold $625,000 -5.2% $368 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
03/07/2014 03/07/14 For Sale $659,000 -- $388 / 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 $15,126 $1,003,308 -- --
2023 $15,126 $1,324,700 $0 $1,324,700
2022 $12,780 $1,014,500 $0 $1,014,500
2021 $13,752 $1,142,700 $0 $1,142,700
2020 $8,824 $579,000 $0 $579,000
2019 $8,970 $604,000 $0 $604,000
2018 $8,388 $560,000 $0 $560,000
2017 $8,798 $578,000 $0 $578,000
2016 $8,485 $546,000 $0 $546,000
2015 $6,363 $511,000 $0 $511,000
2014 $6,360 $435,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Greg Van Natter

  • G

    Seller's Agent in 2018

    Greg VanNatter

    COLDWELL BANKER REALTY

    (313) 888-8800

    2 Total Sales

    Greg VanNatter
    Section Image
  • Michelle Dunbar

    Buyer's Agent in 2018

    Michelle Dunbar

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 744-6002

    4 Total Sales

    Michelle Dunbar
    Section Image
  • Judy Kepecz-Hays

    Seller's Agent in 2015

    Judy Kepecz-Hays

    COLDWELL BANKER REALTY

    (941) 587-1700

    74 in this area

    164 Total Sales

    Judy Kepecz-Hays
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4192778

Stellar MLS

APN: 0013-04-2061

Florida Sarasota County Longboat Key 34228

250 Sands Point Rd Unit 5407, Longboat Key, FL

This home is located at 250 Sands Point Rd Unit 5407, Longboat Key, FL 34228 since 02 August 2017 and is currently estimated at $1,201,144, approximately $706 per square foot. This property was built in 1982. 250 Sands Point Rd Unit 5407 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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