1485 Gulf Of Mexico DRIVE, #201, Longboat Key, FL, 34228 | $1,095,000

Welcome to Players Club on Longboat Key, an exclusive community offering a premier coastal lifestyle. This sought-after community provides an array of amenities designed to enhance your everyday living. Residents enjoy a newly constructed clubhouse with a fitness center, library, catering kitchen, BBQ grilling areas, and versatile indoor and outdoor gathering spaces. Additional amenities include 4 Har-Tru tennis courts/pickleball court, a 70-foot heated pool, spa, and on-site management with 24/7 manned gate security for convenience and peace of mind. This second-floor condominium is being sold FURNISHED and offers a welcoming blend of style and functionality. From the expansive 30’ x 8’ balcony, you’ll enjoy stunning Gulf views, capturing vibrant sunsets and the refreshing coastal breezes that make this area so desirable. The interior features an open floor plan with thoughtful updates throughout. The kitchen is perfect for entertaining, offering granite countertops, stainless steel appliances and custom cabinetry. The spacious master suite includes balcony access, an updated en-suite bathroom, and a walk-in closet. Additional features include interior laundry, UNDER BUILDING PARKING, internal and external storage, and a well-maintained HVAC system. Ideally located just south of Publix and a short drive from the upscale shopping, dining, and cultural attractions of St. Armands Circle and downtown Sarasota, this property offers an exceptional opportunity to experience the best of Longboat Key living.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Complex: PLAYERS CLUB I
  • Year Built: 1981
  • Approx Sq. Feet: 1,551
  • Acreage: 2.74
  • Est. Taxes: $9,219
  • Condo Fee: $6,182 Quarterly
  • View: Pool, Water
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: A4625837
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4625837/1485gulfofmexicodrive_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 12/11/2024 10:34:32 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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:

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Our Insurance Division:

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1485 Gulf Of Mexico DRIVE, #201, Longboat Key, FL, 34228

$1,095,000

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 $876,000 $876,000 $876,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $768 $768 $768
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,609 $5,465 $7,571
Total Monthly Payment $6,502 $6,358 $8,464

* 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.