1211 Gulf Of Mexico DRIVE, #205, Longboat Key, FL, 34228 | $2,299,000

Amazing opportunity to own a completely renovated two bedroom two bath condo at the sought after Gulf side condominium Promenade. This spacious condo has been taken down to the studs and custom redone with designer finishes. The bright kitchen features top of the line Subzero and Wolf appliances plus a Subzero wine refrigerator. The condo features an open floorplan from the main living area which seamlessly flows to the kitchen where you have a bar for dining. Custom cabinets plus natural quartzite countertops highlight the kitchen. The bathrooms are all refinished with the latest Kohler fixtures and finishes. All windows and doors are new in 2024 plus the floors are gorgeous engineered wood and porcelain tile. There is a terrace adjacent to the living room and master bedroom accessed through sliding glass doors that offers excellent outdoor enjoyment and views of the Gulf of Mexico, gorgeous beach plus wildlife. Promenade amenities include a 24 hour guard gate, 4 har tru tennis courts, exercise gym plus an on-site office. The Gulfside pool and spa has ample seating for enjoying the serene surroundings and lush landscaping. This condo has garage parking with ample room plus a storage area. The condo is being sold fully furnished.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Clubhouse, Elevator(s), Gated
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: PROMENADE
  • Year Built: 1985
  • Approx Sq. Feet: 1,598
  • Est. Taxes: $9,989
  • Condo Fee: $6,475 Quarterly
  • Pool: Heated
  • Pet Policy: No
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
  • MLS#: A4607611
  • Days on Market: 238 days
  • Website: https://www.raveis.com
    /prop/A4607611/1211gulfofmexicodrive_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 12/18/2024 6:21:51 AM)
Listing courtesy of DEVELOPERS REALTY LBK, INC   Phone: 941-799-9096

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1211 Gulf Of Mexico DRIVE, #205, Longboat Key, FL, 34228

$2,299,000

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 $1,839,200 $1,839,200 $1,839,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $832 $832 $832
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,929 $11,625 $16,021
Total Monthly Payment $12,886 $12,582 $16,978

* 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.