by Global Lifestyle Properties

See Home Value
$1,150,000
● House - Off Market

228 Lookout Point DRIVE

OSPREY, FL 34229
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,738 Ft²
$1,386,453
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Southbay Yacht & Racquet Club is considered one of the finest community-owned marinas on the west coast of Florida. The subdivision, located in Osprey, Florida, features a 7-acre deep-water boat basin that can accommodate yachts up to 55 feet, along with catamarans, powerboats, sailboats, Jet Skis and kayaks. At low mean tide, the water depth is six feet and the marina can provide slips for 175 vessels owned by its residents. You'll find that the HOA fees at Southbay are only $408 per quarter and it's extremely affordable to keep your boat in a slip, which includes water and electric. This beautifully renovated pool home is located on a great street and it's set on over a quarter acre. On the front exterior, you'll find a concrete circular drive, a raised brick paver entry terrace, lush planting beds and a flat tile roof. In the back, there's a spacious pool and spa, expansive sundeck and covered entertainment area; all enclosed in a screened cage. Inside the property, you'll love how open and airy the floor plan is. There's 18-inch porcelain tile flooring, LED recessed lighting, a spacious kitchen with Mid Continent Cabinetry that offers an abundance of pullout shelves and cabinet organizers, plus there's counter seating for eight. The home offers three bedrooms, three full baths, along with an office, and there are four sets of sliding glass doors that bring the outside in. The primary bedroom suite features engineered  hardwood floors, a spacious en-suite bath with dual vanities, an oversized walk-in shower with multiple spray heads and a walk-in wardrobe storage closet with built-ins. The oversized dining room is large enough to accommodate seating for 10 and there's a pass-through bar counter for convenience. The living room is wide-open and can accommodate multiple sofas and seating groups. You'll also find a family room with built-in cabinetry and adjustable shelving. Southbay Yacht & Racquet Club features a newly renovated clubhouse that overlooks the marina. Inside, there's a 99-person ballroom with catering kitchen and dance floor, community room with kitchen, piano and entertainment area, a fitness room with aerobic and strength training equipment, a card room, library and meeting room. The community also has a geothermal, heated pool, a youth pool, covered outdoor patios with furniture, three tennis courts, four pickleball courts, a bocce ball court, two shuffleboards courts, basketball court, kayak storage area, a waterfront park, 20 acres of common ground and miles of recreational trails. The development is golf cart-friendly and the community hosts weekly, monthly and annual events, plus there's even a Power & Sail Club.
Unit Size
2,738 Ft²
Days on Market
136 days
Land Size
0.28 acres
Price per sqft
$484
Property Type
House
Property Taxes
$371
HOA Dues
$272
Year Built
1980

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Last updated: 3 years ago (Stellar MLS #A4537221)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Sold
May 31, 2022 Listed by PREMIER SOTHEBYS INTL REALTY $1,325,000
Listed by PREMIER SOTHEBYS INTL REALTY
Dec 22, 2014 Sold
Sold
Apr 1, 2013 Sold
Sold

Property Highlights

Garage
Air Conditioning
Elevator

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,266
  • Gross Building Area: 3,266
  • Building Area: 2,738
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,738
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHBAY YACHT & RACQUET CLUB
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 270 SOUTHBAY YACHT & RACQUET CLUB

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 G054 W056
  • Census Tract: 002102

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 32C
  • Account Number: 0158080028
  • Subdivision Tract Number: 1854
  • Parcel: 0158-08-0028
  • Lot: 270
  • Meridian: SEC 15 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1721
  • Longitude: -82.4851

    Address

  • Full Address: 228 Lookout Point Dr
  • Address - House Number: 228
  • Address - Street Name: Lookout Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Osprey
  • Carrier Code: R001
  • 4-Digit Zip Code: 9738
  • Zip Code: 34229

Valuation

    Tax

  • Total Area: 3,701
  • Tax Year: 2023
  • Tax Amount: $1,002,132
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.4696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 6
  • Final Value: 820,622
  • High Value: 1,206,009
  • Low Value: 435,234

    Market Valuation

  • Market Total Value: $830,800
  • Market Land Value: $324,000
  • Market Improvement Value: $506,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $830,800
  • Assessed Land Value: $324,000
  • Assessed Improvements Value: $506,800

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 161184
  • Previous Sale Recording Date: Dec 22, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $93,001
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southbay Yacht and Racquet Club


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Frequently Asked Questions

When was property at 228 Lookout Point Drive built and last sold?
The property at 228 Lookout Point Drive was built in 1980 and last sold on Oct 11, 2022 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 228 Lookout Point Drive is $0.
What are some comparable homes to 228 Lookout Point Drive?
There are currently no comparable homes to 228 Lookout Point Drive.