4401 Gulf Of Mexico DRIVE, #707, Longboat Key, FL, 34228 | $1,425,000

SPECTACULAR FULL GULF VIEWS! Welcome home to your tranquil and picturesque Longboat Key beachfront paradise! This highly sought-after end unit on the 7th floor boasts 180-degree views of the stunning Gulf of Mexico and sparkling sandy beach, as well as captivating views of Sarasota Bay! This carefully designed oasis features 2 bedrooms, 2 bathrooms, and a separate office space. The 2nd Bedroom features an additional built-in desk and custom built Murphy bed. The condo is filled with natural light thru large windows and offers both sunrise and sunset views. It was completely renovated down to the studs in 2021 - a few of those highlights are: a gourmet kitchen with stainless steel appliances, quartz countertops throughout, new large-format tile flooring throughout (including the approx 200 square foot balcony), luxury bathrooms, a dry bar with a wine fridge, laundry facility in the primary closet, and hurricane-rated windows and sliding doors. The secure building offers a newly renovated clubhouse with kitchen, fitness center, on-site management, community gathering rooms, a private heated salt water pool, an EV charging station, and extra storage. As well, owners have one assigned covered parking space. Convenience is at your fingertips, with the condo only minutes away from the world-famous St. Armand's Circle, restaurants, shopping, golf courses, tennis, boating, fishing, along with Sarasota's downtown, alive with excellent dining options, arts and entertainment, theater, and sporting events. Units like this are rarely available and highly prized so don’t wait - call now for a private showing.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Electric Dryer Hookup, Laundry Closet
  • Complex: LONGBOAT HARBOUR TOWERS
  • Year Built: 1972
  • Common Charge: $844 Monthly
  • Approx Sq. Feet: 1,314
  • Est. Taxes: $13,212
  • Lot Desc: Sidewalk
  • View: Water
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4608648
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /prop/A4608648/4401gulfofmexicodrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/5/2024 2:02:10 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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4401 Gulf Of Mexico DRIVE, #707, Longboat Key, FL, 34228

$1,425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,140,000 $1,140,000 $1,140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.002% 6.915%
Monthly Tax Payment $1,101 $1,101 $1,101
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,680 $7,489 $10,088
Total Monthly Payment $8,906 $8,715 $11,314

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.