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$1,198,000

Beds
1
Baths
1.0
sq ft
750

240 Sands Point Rd Unit 4201, Longboat Key, FL 34228

240 Sands Point Rd Unit 4201

LONGBOAT KEY, FL 34228

  • 66 days on market
Create unforgettable memories in this stunning Gulf-front beach oasis at Inn on the Beach, where the sparkling waters of the Gulf of America await. This resort offers the best of both worlds—a true condominium managed like a hotel, providing exceptional rental opportunities. Don't miss out on the rare chance to own a coveted CORNER A+ "Junior Suite," 50 sq. ft. larger than a standard suite. Experience and enjoy the luxury of a spacious living area, complete with a modern kitchen and bath, alongside a luxurious primary suite featuring an en-suite bathroom for added convenience. The suite also includes a sleeper sofa, ensuring comfort and privacy for guests. Located in Building Four, this beautifully renovated suite boasts hypnotizing views of the Gulf, where you can enjoy breathtaking sunsets from your private balcony, creating a tranquil coastal retreat. Currently enrolled in the hotel program, this suite has generated an impressive average income of $140,000 over the last three years. With a dedicated property manager handling everything, you simply enjoy monthly income! Embrace the coastal lifestyle with endless activities—play in the waves, dine at the on-site restaurant, unwind in the spa, or enjoy a round of golf or tennis. There's something for everyone in the family! Just minutes away, St. Armand's Circle offers fabulous dining, upscale shopping, and vibrant entertainment, including the Van Wezel Performing Arts Hall, Ringling Museum of Art, Sarasota Opera, farmers markets, and more! This is truly a gem on the Gulf Coast—don't let this exceptional opportunity slip away. Schedule your private tour today and start living the dream!

Details

Property type

Condominium

Est. home value

$930,990

Lot size

4.13 acres

Price per sq ft

$1,598

Year built

1982

Annual property taxes

$10,030.47

HOA

Yes

Price History

01/21/2025
StellarMLS

StellarMLS #A4636150

Listed
$1,198,000
+117.82%
02/17/2006
StellarMLS

StellarMLS #A292890

Sold
$550,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Pine View School

High school: 

Pine View School

Community features: 

Gated, Fitness Center, Golf, Pool, Restaurant, 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

Centerstate Bank Na

Loan start date

February 2020

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.64%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Four Jays Holidays Llc

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: 03/27/2025 at 9:35 PM

Listing updated: 03/27/2025 at 5:22 PM

Listed by: Judy Kepecz-Hays, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4636150

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