Residential Property - Condominium in Longboat Key
SOLD for $1,250,000 on October 15, 2020
Listing Price: $1,295,000Sold Price: $1,250,000Sold Price/List Price: 97%
Sold Price/Original List Price: 94.06%
Description of Property
The perfect resort get-away to buy today for many tomorrows. Welcome to the views of sea and sand from virtually all rooms of this deluxe two bedroom suite on the beach at the world class island resort of the Longboat Key Club. Perfectly stunning after a remarkable transformation to an upscale, modern destination on one of the most beautiful beaches in the world. Enjoy the seascape and sunsets, directly on the beach in the largest completely furnished two bedroom floor design at the resort & in a prime corner gulf front location. Currently in the on-site rental program, this highly sought residence generated $165,000 in gross revenue in 2017 and $153,000 the following year. This condo-hotel has received the AAA Four-Diamond rating for over 34 consecutive years and offers a multitude of ways to enjoy your leisure time. The Resort pampers owners and guests with the finest dining, 45 holes of championship golf, tennis, spa/wellness center, a full service marina, maid service and an amazing staff to make every day on the beach a day to celebrate. Don't miss this opportunity to enjoy the experience of true resort living on the sands of Longboat Key and generate a rental return along the way. With the launch of the St. Regis Hotel & Residences priced from $2 to $11 million this resort experience represents an undeniable value for many years to come.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Sarasota
Subdivision: Inn On The Beach Ph I
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,602
Sq. Ft. Living Area: 1,602
Cost per (heated) sqare foot: $808
Year built: 1982
Annual Tax: $11,653
Condo Fee: $2,913 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Cable TV
- Community Pool
- Escrow Reserves Fund
- Insurance
- Maintenance Structure
- Maintenance Grounds
- Manager
- Pool Maintenance
- Private Road
- Security
- Sewer
- Trash
- Water
Interior Features:
- Built in Features
- Crown Molding
- Living Room/Dining Room Combo
- Open Floorplan
- Split Bedroom
- Stone Counters
- Walk-In Closet(s)
- Window Treatments
Appliances:
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Accessibility Features: Accessible Central Living Area, Accessible Doors
Window Features:
- Drapes
- Rods
- Shades
- Thermal Windows
- Window Treatments
Additional Rooms: Inside Utility
Ceiling Type:
Flooring: Carpet, Porcelain Tile
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Gulf/Ocean to Bay
Water Access: Yes
Water Access Type: Beach - Private, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style: Contemporary, Custom
Construction: Block
Foundation: Slab
Roof: Other
- Balcony
- Sliding Doors
- Tennis Court(s)
Parking Features: None, Open
Floors Total: 10
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
- Covered
- Deck
- Patio
Security Features:
- Fire Alarm
- Fire Sprinkler System
- Gated Community
- Smoke Detector(s)
Other Structures:
View: Water
Fencing:
Utilities:
- Fiber Optics
- Public
- Street Lights
Sewer: Public Sewer
Water Source: Public
Community Features:
- Buyer Approval Required
- Deed Restrictions
- Gated Community
- Golf
- Playground
- Pool
- Sidewalk
- Tennis Courts
- Water Access
- Waterfront
Association Amenities:
- Cable TV
- Elevator(s)
- Fitness Center
- Gated
- Golf Course
- Marina
- Pool
- Recreation Facilities
- Security
- Spa/Hot Tub
- Tennis Court(s)
- Wheelchair Access
Lot Information
Lot Features:
- CoastalConstruction Control Line
- Flood Zone
- Sidewalk
Front Exposure: Northeast
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 0013041083
Zoning: GPD
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 3207 INN ON THE BEACH PHASE 1
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.