240 SANDS POINT RD #4201 new

Longboat Key,FL 34228

$ 1198000

1 Bed

1 Bath

750 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $1,597

Subdivision Inn On The Beach Ph Ii

MLS Listing ID A4636150

Bedrooms 1

Full Baths 1

Condo Fees $1,378

Year Built 1982

Annual Tax Amount $10,030

Lot Size 4.130 Acres

Property Description

Discover a rare opportunity to own a coveted CORNER A+ "Junior Suite" (50 sq. ft. larger than a standard Suite, giving this residence a private sleeping area for families) in Beachfront Building Four at the Inn on the Beach. This beautifully completely renovated Suite offers views of the Gulf of Mexico with its hypnotizing sunsets, providing a tranquil coastal retreat. To boot, you have a private bedroom and living area with a modern kitchen and bath. The expansive living space flows to a private balcony, perfect for sunsets and ocean breezes. The spacious, exquisite primary suite includes an en-suite bathroom for both sleeping areas. A sleeper sofa for guests, ensuring comfort and privacy. Currently, in the hotel program, the Suite generated $153K gross in 2022 —$162K gross in 2023— $103K gross in 2024 (income was lower in 2024 due to the hurricanes). Located on the south end of Longboat Key, the Inn on the Beach offers exclusive access to fine dining, championship golf, tennis, a full-service spa, fitness center and much more. Just minutes from renowned St. Armands Circle, this Suite is an ideal vacation getaway and investment property. DO NOT miss this exceptional opportunity—schedule your private tour today!

Location

State FL

County Sarasota

Community Inn On The Beach Ph Ii

Zoning GPD

Rooms

Other Rooms Inside Utility

Interior

Heating Electric

Cooling Central Air

Flooring Carpet,Ceramic Tile

Laundry Laundry Closet

Exterior

Exterior Feature Balcony,Irrigation System,Lighting,Outdoor Shower,Sidewalk,Sprinkler Metered

Parking Features Guest,Open,Underground

Pool Deck,Gunite,Heated,In Ground,Lighting,Outside Bath Access,Tile

Community Features Association Recreation - Owned,Buyer Approval Required,Deed Restrictions,Fitness Center,Gated Community - Guard,Golf Carts OK,Golf,Pool,Restaurant,Tennis Courts

Utilities Available BB/HS Internet Available,Cable Available,Cable Connected,Electricity Connected,Fire Hydrant,Phone Available,Sewer Connected,Street Lights,Underground Utilities,Water Connected

Amenities Available Cable TV,Elevator(s),Fitness Center,Gated,Golf Course,Pool,Security,Spa/Hot Tub,Tennis Court(s)

Waterfront Description Beach Front,Gulf/Ocean

View Y/N Yes

Water Access Yes

View Water

Roof Type Other

Building

Lot Description Cul-De-Sac,FloodZone,City Limits,Landscaped,Near Golf Course,Near Marina,Sidewalk,Paved

Story 1

Foundation Block,Concrete Perimeter,Pillar/Post/Pier,Slab

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Schools

Elementary Schools Southside Elementary

Middle Schools Pine View School

High Schools Pine View School

Others

Monthly Total Fees $1,378

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

View More
Favorite Go Tour