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242 Lookout Point Dr, Osprey, FL 34229


Estimated Rent: $3,390/mo.Lease with a right to purchase.Learn More

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,413 Sq. Ft.
  • Updated 5 days ago
242 Lookout Point Dr, Osprey, FL 34229 View this property at 242 Lookout Point Dr, Osprey, FL 34229
242 Lookout Point Dr Osprey FL 34229

Property Description

If you are on the "lookout" for a home in a premier Waterfront Boating Community located directly on the Intracoastal Waterway, look no more! Walk a few steps from your front door to a 7 acre Yacht Harbor Marina, the Crown Jewel of Southbay Yacht and Racquet Club, offering 175 deep water/sailboat rental slips where you can just jump on your boat and go! Dock at a nearby waterfront restaurant, or boat to beautiful Gulf of Mexico beaches, just minutes away! When coming home from your boating adventure, open your double entry doors and immediately notice architectural features that set this home apart from all the others. The high ceilings, and open floor plan add to the spacious feel, and the floor to ceiling stone wood burning
fireplace is a welcoming centerpiece. The beautifully updated kitchen features many new appliances, and the roof was replaced in 2010. This energy efficient home has low utility bills and offers solar heating for your pool and hot water. Five sets of pocketing sliding glass doors turn the large screened lanai into your favorite room of the house! As a resident of Southbay Yacht and Racquet Club, you have access to the elegant clubhouse that overlooks the Marina and comes with beautiful sunsets! Other amenities include a community heated pool, exercise room, lighted tennis courts, a library, and shuffleboard. There is so much to do it will be hard to choose! Isn't it time to make your dream a reality? You deserve to live the salt life!

Full Property Details for 242 Lookout Point Dr

  • Price: $449,900
  • HOA FEE: $119/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,551 (2016)
  • Status: Active
  • Type: Single Family
  • MLS ID: D5915364
  • Updated: 2/16/2017
  • Added: 82 day(s) ago

Property History

  • 242 Lookout Point Dr, Osprey, FL
  • Reduced to $449,900 on 2/1/17
  • Listed at $469,000 on 12/1/16

Rental Information

  • Min. Lease: 1 Month


  • Number of Rooms: 8
  • Rooms/Areas: Great Room, Master Bedroom Downstairs, Open Floor Plan, Split Bedroom, Volume Ceilings, Den/Library/Office, Loft
  • Interior Features: Blinds/Shades, Cathedral/Vaulted Ceiling, Inside Utility, Walk-In Closet
  • Fireplace(s): Wood Burning Fireplace
  • Appliances/Equip: Built In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Solar Hot Water Owned, Washer
  • Flooring: Carpet, Ceramic Tile, Parquet



  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Master Bathroom: Shower No Tub


  • Total Bedrooms: 3
  • Master Bedroom: Carpet, 16 x 15, First Level
  • Bedroom 2: Carpet, 15 x 12, First Level
  • Bedroom 3: Carpet, 13 x 14, First Level

Other Rooms

  • Great Room: Parquet, 21 x 18, First Level
  • Kitchen: Desk Built In, Pantry, Ceramic Tile, 10 x 12, First Level
  • Dining Room: Ceramic Tile, 18 x 11, First Level

Additional Information

  • Shared Amenities: Boat Slip, Dock, Fees Required, Fitness, Optional Additional Fees, Park, Recreation Building, Tennis Courts, Water Access, Waterfront Complex
  • Shared Pool: Yes
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gunite/Concrete, Heated Pool, Screen Enclosure, Solar Heated Pool
  • Maint. Includes: Community Pool, Manager, Recreational Facilities, Tennis Courts


  • Exterior Features: Fruit Trees, Gutters / Downspouts, Irrigation System, Mature Landscaping, Oak Trees, Patio/Porch/Deck Screened, Sliding Doors


  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Garage Description: Attached, Circular Drive, Door Opener, Oversized, Side Rear Entry


  • Area: Osprey
  • County: Sarasota
  • Township: 38
  • Subdivision: Southbay Yacht and Racquet Club
  • Driving Directions: From US 41, turn West on Southbay Dr., turn left on Danforth Ln. and right on Lookout Point Dr., house is on the right.
  • Direction Faces: South
  • Location Details: Flood Zone, Greenbelt, Greenbelt View, Lot - Oversized, Sidewalk, Street Paved

School Information

  • Elementary School: Laurel Nokomis Elementary
  • Middle School: Laurel Nokomis Middle
  • High School: Venice Senior High


  • Community Name: Southbay Yacht & Racquet Club
  • Home Owners Assn.: Required
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Central, Zoned/Multiple
  • Heating Type: Central, Electric


  • Utility Description: High Speed Internet Available, Cable TV Available, County Water, Electric, Public Sewer, Sprinkler Recycled, Street Lights

Structural Information

  • Description/Design: Split Level, Great Room, Master Bedroom Downstairs, Open Floor Plan, Split Bedroom, Volume Ceilings
  • Structure Type: Single Family Home
  • Exterior Const.: Block, Siding, Stucco
  • Foundation: Slab
  • Roof: Shingle
  • Square Feet: 2,413
  • Sq. Ft. Source: Public Records
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,041
  • Lot Features: 1/4 Acre to 21779 Sq. Ft.
  • Potential Use: 100
  • Zoning: RSF2
  • Lot Description: Flood Zone, Greenbelt, Greenbelt View, Lot - Oversized, Sidewalk, Street Paved

Water Features

  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Gulf/Ocean, Marina
  • Water Extras: Yes
  • Water Extras Desc: Bridges - No Fixed Bridges, Sailboat Water

Green Features

  • Water Conservation: Irrigation-Reclaimed Water

Financial Considerations

  • Price Per Sq. Ft.: $186.45
  • Association Fee: $357
  • Assoc Fee Freq.: Quarterly
  • Assoc Fee /Month: $119
  • Tax Amount: $4,551
  • Tax Year: 2016
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Legal Description: LOT 267 SOUTHBAY YACHT & RACQUET CLUB
  • Flood Zone: AE
  • APN: 158080025
  • Plat: 0022/0027
  • Range: 18
  • Section: 15
  • Lot: 267


See This Home

Lease with a Right to Purchase

Lease with a Right to Purchase

year monthly rent right to purchase
1 $3,390 $472,400
2 $3,520 $496,000
3 $3,650 $520,800
4 $3,790 $546,900
5 $3,930 $574,200

Let Coldwell Banker and Home Partners of America expand your home rental options and put you on a new path to homeownership. If now isn’t the right time to buy a home, but you’d like more attractive options than what’s currently available in the rental market, Home Partners of America’s Lease with a Right to Purchase program could be a great alternative.

Contact us using the form above for more information on this affordable option.

Learn more

Applicant and property must meet certain eligibility requirements. The Monthly Rent and Right to Purchase shown above are estimates only and are based upon certain assumptions. Actual amounts may vary.

Estimate the Cost

242 Lookout Point Dr will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

242 Lookout Point Dr, Osprey, FL 34229 (MLS# D5915364) is a Single Family property with 3 bedrooms and 2 full bathrooms. 242 Lookout Point Dr is currently listed for $449,900 and was received on December 01, 2016. Want to learn more about 242 Lookout Point Dr? Do you have questions about finding other Single Family real estate for sale in Osprey? You can browse all Osprey real estate or contact a Coldwell Banker agent to request more information.


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