tomo logo

$790,326Estimated home value

Beds
1
Baths
1.0
sq ft
642

225 Sands Point Rd Unit 6103, Longboat Key, FL 34228

225 Sands Point Rd Unit 6103

LONGBOAT KEY, FL 34228

  • Sold On 11/14/2014
This first floor suite in building six is one of the most sought after locations at the Resort, offering serene and peaceful water views. Updated appointments, 10 ft. ceilings exclusive to the first floor, a private terrace and easy access to all Resort amenities are just some of the benefits owners will enjoy. Located in an exclusive, gated club just off the mainland of Sarasota, Florida the extraordinary Resort at Longboat Key Club is a condominium-hotel offering buyers attractive rental possibilities. This unit is currently in the hotel rental program and posted over $47K gross income in 2013, up +17% over 2012. The purchase of this condominium unit entitles you to participate in the Ownership Rental Program. The 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.

Details

Property type

Condominium

Est. home value

$790,326

Lot size

Unknown

Price per sq ft

$544

Year built

1983

Annual property taxes

$2,851

Monthly HOA fee

$675.33

Price History

11/04/2024
StellarMLS

StellarMLS #A4621529

Removed
$625,000
08/27/2024
StellarMLS

StellarMLS #A4621529

Listed
$625,000
+86.57%
11/14/2014
StellarMLS

StellarMLS #A3984812

Sold
$335,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Pool

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

Fairway Funding Group Inc

Loan start date

November 2014

Original loan amount

$201,000

Est. remaining balance

Not provided

Interest rate

4.5%

Loan type

Commercial, 30 year

Seller

Peter E Pattison and Jane G Pattison

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?

Similar Homes Nearby

StellarMLS
$550,000
1 bd
|
1 ba
|
593 sq ft
|
Condo

475 Benjamin Franklin Dr Unit 107, Sarasota, FL 34236

Price drop
StellarMLS
$595,000
1 bd
|
1 ba
|
715 sq ft
|
Condo

750 N Tamiami Trl Unit 715, Sarasota, FL 34236

New
StellarMLS
$699,000
2 bd
|
2 ba
|
1,172 sq ft
|
Condo

2100 Benjamin Franklin Dr Unit 205, Sarasota, FL 34236

Status: Off Market

Tomo last checked: 11/05/2024 at 11:40 AM

Listing updated: 02/25/2024 at 9:48 PM

Listed by: Ian Addy, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A3984812

StellarMLS logo