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1085 Gulf Of Mexico Drive #505, Longboat Key, FL 34228
$1,500,000
1085 Gulf Of Mexico Drive #505, Longboat Key, FL 34228View this property at 1085 Gulf Of Mexico Drive #505, Longboat Key, FL 34228
1085 Gulf Of Mexico Drive #505Longboat KeyFL34228
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Property Description
Do you dream of living at the beach? Take the elevator to the 5th floor and discover this beautiful 3 bedroom corner unit at the upscale gated beach community of Beachplace (south Longboat Key). You'll find views all around...awesome views of the intracoastal waterway/bay, views of the Longboat Key Club, golf course and the Sarasota skyline as well as partial view of the gulf. This elegant condo went through a major update in 2020 and offers brand new decor, kitchen & furnishings throughout. Quartz counters, light engineered hardwood floors, open floor plan with breakfast bar. Porch off the living room and master bedroom with peak of gulf. Very spacious (1819 SF under A/C, 2009 under roof). This Condo is on the south side of the complex so there are no buildings blocking your views. Offered turnkey furnished, ready for your next get-away or tenants. It has been a great rental unit. A rare condo on Longboat Key that allows rentals 12 times a year (once in a month) ($13-15K/mo. high season). There are several other bookings in place if buyer would like them. Community amenities include 24 hour guard, one of the largest heated pools & a hot tub, a large elevated clubhouse that contains a fitness center and activity room overlooking the beach, grills by the pool, cable TV and internet. Your private beach is equipped with lounge chairs and umbrellas for your day at the beach or meeting your friends for the beautiful sunsets. Make your dreams come true! (More pictures in virtual tour, new drones & pictures of amenities). The views are actually much better than the pictures show. Only very serious & qualified buyers will be allowed while tenants in place.
Full Property Details
Full Property Details for 1085 Gulf of Mexico Dr #505
General
- Sold For: $1,500,000
- HOA FEE: $1,091/month
- HOA FEE FREQ.: Quarterly
- Taxes: $6,594 (2021)
- Status: Closed
- Type: Condo
- MLS ID: A4505864
- Added to Site: 1, 022 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Interior Features: Kitchen and Family Room Combination, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
- Furnishings: Turnkey
- Flooring: Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, In Kitchen
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Sauna, Storage, Tennis Court(s)
- Pool Description: Gunite, Heated, In Ground, Lap
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Balcony, Irrigation System, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
- Deck/Patio: Covered
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Assigned, Guest
Location
- Area: 34228 - Longboat Key
- County: Sarasota
- Development Name: 34228 - Longboat Key
- Subdivision: BEACHPLACE III
- Driving Directions: from St. Armands Circle towards LBK, approx. 1 1/2 miles on Gulf of Mexico Drive, just past golf course on left to Beachplace entrance gate. Take immediate left where you will see building 11 (1085 GMD). From Anna Maria Island, past Coquina Beach, over LBK Bridge, south on Gulf of Mexico Drive approx. 9 miles. Beachplace is on the right.
- Direction Faces: South
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34228 - Longboat Key
- Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Sauna, Storage, Tennis Court(s)
- Assoc. Name: Beachplace Association
- Assoc. Fees Include: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Phone Available, Public, Sewer Connected, Water Connected
Structural Information
- Description/Design: Corner Unit, Elevated, Mid Rise
- Exterior Const.: Block
- Roof: Built-Up, Membrane
- Windows: Window Treatments
- Stories/Levels: One
- Square Feet: 1,819
- Sq. Ft. Source: Public Records
- Living Area: 1,819 Sq. Ft.
- Year Built: 1981
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 30
- Lot Size (Sq. Ft.): 1,306,800
- Street/Road Desc.: Paved, Asphalt
- Lot Features: Flood Insurance Required, FloodZone, Near Golf Course, Near Public Transit, Sidewalk
- Rcmdd Zoning: R6MX
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Beach - Public, Gulf/Ocean
- Water Front Desc.: Private Beach
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $3,274
- Condo Fee Freq: Quarterly
- Tax Amount: $6,594.5
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 505 BLDG 11 BEACHPLACE 3
- Flood Zone Info: AE
- APN: 10033121
- Property ID: 10033121
- Block/Lot/Section: 11
Listed by Island Real Estate-Anna Maria
Sold by Premier Sothebys Intl Realty
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Schools
Schools serving 1085 Gulf of Mexico Dr #505
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1901 Webber St, Sarasota, FL 34239 | PK-5 | 5.1 mi | |
2250 Myrtle St, Sarasota, FL 34234 | 6-8 | 5.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1085 Gulf of Mexico Dr #505
Date
Details
Price
Change
Source
3/30/2022
Sold
$1,500,000
-3.23%
MLS
10/12/2021
Price Reduced
$1,550,000
-3.06%
MLS
7/02/2021
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1085 Gulf Of Mexico Drive #505, Longboat Key, FL 34228 (MLS# A4505864) is a Condo property that was sold at $1,500,000 on March 30, 2022. Want to learn more about 1085 Gulf Of Mexico Drive #505? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.