2721 Gulf Of Mexico DRIVE, #607, Longboat Key, FL, 34228 | $525,000

Welcome to Unit #607 at the Beachcomber on Longboat Key, where endless bay and beach views set the stage for the island lifestyle at this end-unit condominium. As you enter, you're greeted by a welcoming hallway lined with ample storage closets, making organization effortless. The open living area, with luxury vinyl plank flooring, is bathed in natural light from large windows and hurricane-rated glass sliders, which lead to an expansive full-length balcony. Here, you can enjoy breathtaking beach views with the security of a glass railing. The kitchen boasts clean white cabinetry, a stainless steel sink complemented by a stylish tile backsplash, and white appliances with a convenient adjacent dining space. The bedroom is generously sized, featuring hurricane-rated windows and newer luxury vinyl plank flooring, ensuring durability and style. The full bath offers a tub/shower combination, a vanity with ample cabinet space, and a convenient linen closet in the hallway. Freshly painted walls, trim, and doors set the tone for a bright and inviting space, with new vents enhancing the home's comfort. Additional highlights of the unit include elevator access, ample parking, and its fantastic potential as an investment property with the flexibility of weekly rentals. Perfectly positioned to enjoy the serene beauty of Longboat Key, a coastal retreat like no other. The building's enviable location offers 200 feet of Gulf-front beach access, making every day a beach day. Enjoy the convenience of a heated community pool on the beach side or take a leisurely stroll to nearby amenities like Publix, CVS, the Longboat Key Community Tennis courts, or the restaurants and bars at the new St. Regis. This furnished property is a perfect slice of paradise, providing both a personal retreat and rental income potential. Don't miss this opportunity to own a piece of Longboat Key's idyllic lifestyle.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator(s), Laundry, Maintenance, Pool
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: LONGBOAT BEACHCOMBER
  • Year Built: 1970
  • Approx Sq. Feet: 675
  • Est. Taxes: $4,506
  • Condo Fee: $3,400 Quarterly
  • Lot Desc: FloodZone, In County, Landscaped
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4620698
  • Days on Market: 82 days
  • Website: https://www.raveis.com
    /prop/A4620698/2721gulfofmexicodrive_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 12/22/2024 11:03:03 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

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2721 Gulf Of Mexico DRIVE, #607, Longboat Key, FL, 34228

$525,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $376 $376 $376
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,830 $2,791 $3,542
Total Monthly Payment $3,298 $3,259 $4,010

* 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.