1591 Gulf Of Mexico DRIVE, #316, Longboat Key, FL, 34228 | $3,400,000

Welcome to this elegant and gracious one bedroom residence at the highly coveted and exclusive Residences at The St. Regis Longboat Key. Enter from your private elevator into a dramatic living area with high ceilings and expansive glass featuring garden and partial views of Sarasota Bay. The living area opens to an expansive outdoor terrace with a Wolf gas grill for easy entertainment. The chef’s kitchen is equipped with Poggenpohl cabinetry, top-of-the-line Wolf and Sub-Zero appliances including a gas cooktop, double ovens, microwave, large refrigerator and beverage center. The Wind finishes were curated by Marc Michales Interior Design and were selected to remain timeless. The owner’s suite is luxurious, complete with electronic blackout shades and sheers, and opens to the outdoor terrace for your morning coffee. Relax after a day at the beach or a swim in the saltwater lagoon in the spa like bathroom boasting double vanities, water closet with Toto bidet toilet, soaking tub and oversize shower with seamless glass enclosure. The floor plan has been altered to include two full bathrooms. Nestled within the first branded residential community and ultra-luxe 5 star resort on the Gulf of Mexico. The Residences at The St. Regis Longboat Key blend legendary service with the allure of a seaside getaway. Spanning over 17 acres with 800 feet of direct beachfront, this community offers unparalleled amenities, including the signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in residence dining. Resident only amenities include a clubhouse, fitness center, pool/spa and beach area. Enjoy your private resident only amenities, while having access to all the resort has to offer. Live like you are on vacation all year round!

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air
  • Levels: 6
  • Rooms: 6
  • Bedrooms: 1
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: ST. REGIS LONGBOAT KEY
  • Year Built: 2024
  • Approx Sq. Feet: 1,556
  • Est. Taxes: $0
  • Condo Fee: $3,645 Monthly
  • View: City, Garden, Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4628607
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A4628607/1591gulfofmexicodrive_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 1:17:09 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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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

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1591 Gulf Of Mexico DRIVE, #316, Longboat Key, FL, 34228

$3,400,000

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 $2,720,000 $2,720,000 $2,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,642 $17,416 $23,881
Total Monthly Payment $17,767 $17,541 $24,006

* 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.