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$899,000

Beds
1
Baths
1.0
sq ft
642

225 Sands Point Rd Unit 6204, Longboat Key, FL 34228

225 Sands Point Rd Unit 6204

LONGBOAT KEY, FL 34228

  • 1 day on market
Enjoy peaceful lagoon views and healthy income from this completely remodeled Junior Suite. Sold turnkey furnished and currently in the hotel program, this unit reported over $112K+ in 2023 income. Unlike other buildings, the Junior Suites in this building have 10’ ceilings. It is typical to see manatees, dolphins, paddleboarders and a variety of tropical birds from the terrace. As an owner in the hotel program you are able to take advantage of the amenities offered by the 410 acre member-only Longboat Key Club while using your owner time. These include fine dining in 5 exclusive restaurants, 45 holes of Championship Golf, the award-winning Tennis Gardens, spa, fitness center, white sand beach with umbrellas & waitstaff, and a full service marina. The renovated rooms, main dining area, pool and guest services provide an enhanced product and elevated experience to a property that already accumulates a multitude of awards including the AAA Four-Diamond Award and Condé Nast Travelers Top Florida Resorts. Start enjoying your Longboat Life today! The 2024 income is $103+K, which includes several weeks of downtime due to the hurricanes.

Details

Property type

Condominium

Est. home value

$667,133

Lot size

1.76 acres

Price per sq ft

$1,401

Year built

1983

Annual property taxes

$7,791

HOA

No

Price History

02/10/2025
StellarMLS

StellarMLS #A4639379

Listed
$899,000
+217.67%
12/15/2014
StellarMLS

StellarMLS #A3985969

Sold
$283,000
-15.52%
10/22/2009
StellarMLS

StellarMLS #A304440

Sold
$335,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Fitness Center, Golf, Pool, Tennis Court(s)

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

Chase Manhattan Mtg Corp

Loan start date

October 2002

Original loan amount

$148,500

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial

Seller

William C Ackermann and Coletta Ackermann

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?

Status: Active

Tomo last checked: 02/11/2025 at 4:20 PM

Listing updated: 02/11/2025 at 6:54 AM

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

MLS: StellarMLS #A4639379

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