1095 Gulf Of Mexico DRIVE, #502, Longboat Key, FL, 34228 | $1,199,000

Welcome to Paradise! Whether you’re an investor seeking a fantastic opportunity, a snowbird escaping the cold, a second-home buyer, or someone looking for a perfect beachfront condo to call home—don’t miss this one!

This beautifully completely renovated, fifth-floor, two-bedroom, two-bath condo is a rare find. It’s well-maintained and move-in ready, featuring a spacious split floor plan. The gourmet kitchen, hard surface countertops, and stainless steel appliances. Hurricane rated front door, impact sliding doors and windows. Step onto the balcony to enjoy serene pond views with charming water features and a stunning glimpse of the Gulf of Mexico.

Beachplace offers exceptional amenities, including a heated junior Olympic-sized pool, three tennis courts, a fitness center, a clubhouse with an activity center, on-site management, and 24-hour gated security. Conveniently located on the south end of Longboat Key, this community is just a short drive to the Longboat Key Club’s Islandside and Harbourside facilities, Avenue of the Flowers, St. Armand’s Circle, and the vibrant cultural scene of downtown Sarasota.

With monthly rentals permitted up to 12 times a year, this property is as flexible as it is appealing. Schedule your viewing today and make your dream of coastal living a reality!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Wheelchair Access
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside
  • Complex: BEACHPLACE II
  • Year Built: 1981
  • Approx Sq. Feet: 1,392
  • Est. Taxes: $11,316
  • Condo Fee: $4,730 Quarterly
  • View: Pool, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: A4629803
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/A4629803/1095gulfofmexicodrive_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 12/26/2024 10:04:02 PM)
Listing courtesy of MANGROVE REALTY ASSOCIATES   Phone: 941-957-0080

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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1095 Gulf Of Mexico DRIVE, #502, Longboat Key, FL, 34228

$1,199,000

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 $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $943 $943 $943
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,221 $6,142 $8,488
Total Monthly Payment $7,289 $7,210 $9,556

* 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.