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$1,190,000

Beds
3
Baths
2.0
sq ft
1,941

100 Sands Point Rd Unit 324, Longboat Key, FL 34228

100 Sands Point Rd Unit 324

LONGBOAT KEY, FL 34228

  • 227 days on market
Sands Point is the most remarkable and unique complex on Longboat Key. Units are rarely available. Built in 1966, the building is a magnificent example of mid-century modern architecture. The complex faces directly onto New Pass, and the outdoor pool and patio offer both privacy and spectacular views. The center of the unit is a large great room that features a wall of windows and a view of lush Florida greenery, the boat dock and the navigable inlet which leads to the Gulf of Mexico. Kitchen and bathrooms are renovated. Furniture and furnishings are included in the sale. Windows have been upgraded to the highest level available. There are boat docks on the premises, approximately 30 ft., that can be rented depending on availability. Management has updated status and detailed information. Sands Point is located adjacent to The Resort at Longboat Key Club with its amenities of golf, health spa, lodging and a restaurant. Nearby is the famous St. Armands Circle that offers elegant or casual dining and entertainment. Seasonal rental is a huge draw for this property. It may be rented once per year for a minimum of one month. Seasonal rental rate is approximately $9,500 per month.

Details

Property type

Condominium

Est. home value

$1,192,928

Lot size

Unknown

Price per sq ft

$614

Year built

1966

Annual property taxes

$11,445.21

Monthly HOA fee

$1,939.33

Price History

05/10/2024
StellarMLS

StellarMLS #A4609759

Listed
$1,190,000
+221.62%
06/17/2011
StellarMLS

StellarMLS #A3933575

Sold
$370,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Sarasota High

Community features: 

Gated, Clubhouse, Pool, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Home Mortgage Inc

Loan start date

November 2002

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

New Conventional

Seller

Maxine Fornasiero and Joseph B Fornasiero

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 7:25 PM

Listing updated: 11/11/2024 at 12:24 PM

Listed by: Carolyn Clark, PA, LOKATION Phone #: (954) 545-5583

MLS: StellarMLS #A4609759

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