Residential Property - Condominium in Longboat Key
SOLD for $1,350,000 on February 8, 2021
Listing Price: $1,350,000Sold Price: $1,350,000Sold Price/List Price: 100%
Description of Property
This is a rarely available seventh floor upper unit featuring a full water view of the Gulf of Mexico and a private balcony. Located within the prestigious Longboat Key Club Resort, guests enjoy 45-holes of championship golf, 20 har-tru tennis courts, and a private beach. Other Longboat Key Club amenities include a spa and salon, fitness center, five restaurants and lounges, a deep-water marina, private cabanas, pool and beachside service, maid service, and concierge service. The resort is conveniently located on the South side of Longboat Key, just minutes to St. Armand’s Circle, Lido Key, and downtown Sarasota. This unit is currently in the condo-hotel program and accumulates over $150,000 of annual gross revenue. This is the perfect combination to enjoy luxurious waterfront beach getaways and own an income producing property.
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: 1,284
Sq. Ft. Living Area: 1,284
Cost per (heated) sqare foot: $1,051
Year built: 1982
Annual Tax: $11,804
HOA Fee: $2,675 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- 24-Hour Guard
- Cable TV
- Internet
- Maintenance Structure
- Maintenance Grounds
- Manager
- Pest Control
- Private Road
Interior Features:
- Ceiling Fans(s)
- Eating Space In Kitchen
- Elevator
- Solid Wood Cabinets
- Split Bedroom
- Stone Counters
- Walk-In Closet(s)
- Window Treatments
Appliances:
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Ice Maker
- Microwave
- Refrigerator
- Washer
Accessibility Features:
Window Features:
- Blinds
- Drapes
- Insulated Windows
Additional Rooms:
Ceiling Type:
Flooring: Carpet, Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Gulf/Ocean
Water View: Gulf/Ocean - Full
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab, Stilt/On Piling
Roof: Other
- Balcony
- Lighting
- Sliding Doors
Parking Features: Open
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Covered
Security Features:
- Gated Community
- Key Card Entry
- Smoke Detector(s)
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
- Deed Restrictions
- Gated Community
- Playground
- Pool
- Tennis Courts
- Waterfront
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 14.14
Lot Size (sq. ft.): 615,808 square feet
Road Frontage: Private Road
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0013041058
Zoning: GPD
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 2702 INN ON THE BEACH PHASE 1
Listing courtesy of SARASELLSSARASOTA.COM. 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.