Sold
Last Sold Price
1 bed739 sqft

240 Sands Point Rd, Unit 4401, Longboat Key, FL 34228

CondoProperty Type
1982Year Built
$1,284/sq ftPrice per sq ft

Description

Highly desirable and rarely available Corner Junior Suite with extra square footage and spectacular Gulf and Sunset views in Building 4 now available. This completely renovated unit with unique details is currently in the hotel program and reported over $120K gross income in 2021. With over $100K already on the books through June 2022, the unit is on track to realize an even higher income this year. The owners went the extra mile during property renovations and outfitted the private owner's closet...Highly desirable and rarely available Corner Junior Suite with extra square footage and spectacular Gulf and Sunset views in Building 4 now available. This completely renovated unit with unique details is currently in the hotel program and reported over $120K gross income in 2021. With over $100K already on the books through June 2022, the unit is on track to realize an even higher income this year. The owners went the extra mile during property renovations and outfitted the private owner's closet with a custom California Closet which keeps wine, golf clubs, pool and personal items extremely organized. For those unfamiiar with the Resort, Building 4 is situated farthest north on the beach where owners value privacy from the pool activities, but are still close to all of the amenities. The Resort went through renovations property-wide in 2019/2020 including the rooms, main dining area, pool and guest services, all to provide an enhanced product and elevated experience for visitors and owners. This translates to higher room rates and higher owner income. The Resort at Longboat Key Club pampers owners and guests with exclusive fine dining, 45 holes of Championship Golf, Tennis Gardens, Spa/Wellness Center, full service Marina, housekeeping and staff to make your vacation a memorable one.
  • Listed by: Ian Addy, PA 941.961.8850 ianaddy@michaelsaunders.com Brokerage DRE #2005236 • MICHAEL SAUNDERS & COMPANY
Listing closed: 08/31/2022 12:00 AM • Source: MFRMLS, MLS#: A4542676
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Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Ian Addy, PA
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Payment Calculator

$6,485 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,066

Property Taxes

$660

HOA Dues

$759

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Property Information for 240 Sands Point Road, Unit 4401

Property Details

  • Pet Policy: Not Allowed
  • Taxes: $7,921 / year
  • Condo/Co-op Fees: $2,277 / quarter
  • MLS Type: Residential / Condominium
  • Architectural Style: Custom
  • Subdivision Name: INN ON THE BEACH PH II
  • Township: 36
  • Carport Spaces: 0
  • View: Water
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Furnished: Turnkey

Building Information

  • Building/Complex: 240 Sands Point Rd
  • Stories: 6
  • Pet Policy: Not Allowed
  • Pet Policy Details: No
  • Year Built: 1982

Summary

Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 739.0
  • Building Area Units: Square Feet
  • Building Name Number: 4
  • Community Features: Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Gated, Golf, Pool, Tennis Court(s)
  • Direction Faces: East
  • Directions: North on Gulf of Mexico Drive from St. Armands. Left on Longboat Club Road. Left on Sands Point Road. Right into Resort. Building 4 is labeled 240 Sands Point Road on the front of the building farthest north on the beach. Take elevator to 4th floor.
  • Floor Number: 4
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Inn On The Beach
  • Unit Number: No
  • Street Number: 240
  • Street Name: SANDS POINT
  • Street Suffix: ROAD
  • Unit Number: 4401
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Guest
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Association Fee Requirement: Required
  • Association Name: Melinda Mader/Lighthouse Property Management
  • Association Phone: 941-460-5560
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Book Number: 19-25
  • Tax Legal Description: UNIT 4401 INN ON THE BEACH PHASE 2
  • Tax Lot: 0
  • Tax Year: 2021
Virtual Tour

Property

Lot Information
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Parcel Number: 0013042022
  • Water Access: Beach, Gulf/Ocean
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO
  • Water Extras: No
  • Zoning: GPD
  • Living Area: 739
  • Property Info: Corner Unit, End Unit
Property and Assessments
  • Year Built Numeric: 1982
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Building Elevator: Yes
  • Flood Zone Code: VE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0129F
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 27
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Construction Materials: Block
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Other
  • Vegetation: Trees/Landscaped
  • Waterfront Features: Waterfront, Beach, Gulf/Ocean
  • Waterfront Feet Total: 2
  • Number Of Stories: 6
Interior Features
  • Bedrooms Total: 1
  • Bathrooms Full: 1
  • Additional Rooms: Inside Utility
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Laundry Features: In Kitchen, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: Yes
  • Window Features: Drapes
  • Bathrooms Half: 0

Rental

Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 240 Sands Point Road, Unit 4401

DateEvent & SourcePriceAppreciation
Aug 31, 2022

Sold (Public Record)

Public Record #1496592714

$949,000

+11.4% / yr

Aug 31, 2022

Sold

MFRMLS #A4542676

$949,000—
Jul 21, 2022

Pending

MFRMLS #A4542676

—
DateEvent & SourcePrice
08/31/2022

Sold (Public Record)

Public Record #1496592714

$949,000

+11.4% / yr

08/31/2022

Sold

MFRMLS #A4542676

$949,000
07/21/2022

Pending

MFRMLS #A4542676

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

240 Sands Point Road, Unit 4401

Baths

1

Total Finished SqFt

739 SqFt

Above Grade Finished SqFt

739 SqFt

Stories

1

Style

Hotel / Motel

Year Built

1982

Schools near 240 Sands Point Road, Unit 4401

This home is within Sarasota County Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 6 to 12
Charter - 6 to 8
Rating
School
Distance
Southside Elementary School
PublicK to 5

Booker Middle School
Public6 to 8

Sarasota Military Academy
Charter6 to 12

Sarasota School Of Arts/Sciences
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Ian Addy, PA

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.