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$995,900

Beds
1
Baths
1.0
sq ft
642

225 Sands Point Rd Unit 7304, Longboat Key, FL 34228

225 Sands Point Rd Unit 7304

LONGBOAT KEY, FL 34228

  • 237 days on market
    • Price drop $49,100↓
Enjoy breathtaking Bay and Skyline views from this fully, and opulently, updated (2023) condominium in paradise. TURNKEY FURNISHED with all new furniture. Rare opportunity to own a highly sought after 1-7 DAY RENTAL on Longboat Key with private BEACH AND BEACHFRONT POOL. This unit is NOT in the Longboat Key Club & Resort rental program, ALLOWING YOU TOTAL USE/RENTAL FLEXABILTY and AVOIDING THE 50% RENTAL MANAGEMENT FEE. Property is currently in a short term rental management program requiring existing bookings to be honored with 45 day notice required to terminate any existing rental agreements.

Details

Property type

Condominium

Est. home value

$763,515

Lot size

1.76 acres

Price per sq ft

$1,552

Year built

1983

Annual property taxes

$3,231.79

HOA fee

$2,705

Price History

03/16/2024
StellarMLS

StellarMLS #A4589087

Price change
$995,900
-4.7%
02/02/2024
StellarMLS

StellarMLS #A4589087

Price change
$1,045,000
-1.42%
01/29/2024
StellarMLS

StellarMLS #A4589087

Price change
$1,060,000
-1.4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Golf, Pool, Sidewalks, 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

Northern Tr Bk Fl N A

Loan start date

January 2003

Original loan amount

$201,600

Est. remaining balance

Not provided

Interest rate

6.04%

Loan type

Commercial

Seller

James E Clabaugh and Pamela A Mccullough

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: 07/05/2024 at 10:10 PM

Listing updated: 05/10/2024 at 6:42 PM

Listed by: Todd Nahrwold, PREFERRED SHORE Phone #: (941) 999-1179

MLS: StellarMLS #A4589087

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