1581 Gulf Of Mexico DRIVE, #206, Longboat Key, FL, 34228 | $4,859,000

The Residences at The St. Regis Longboat Key is the first branded residential community and ultra-luxe 5-star resort hotel on the Gulf of Mexico. Welcome home to the legendary services of The St. Regis with the allure of a seaside getaway on the secluded barrier island of Longboat Key, FL. Beautifully appointed interiors with soaring ceilings and floor to ceiling sliding doors wrapping around the gathering room, dining room and kitchen provide views of sunrise or sunset skies. The gourmet kitchen includes Wolf and Sub-Zero appliances, including 6-burner gas cooktop, double ovens and panel ready side-by-side refrigerator/freezer. Owner’s suite is appointed with a spacious walk-in closet, frameless walk-in shower, and private W/C. Semi-Private elevator with keyless entry takes you directly from your private garage into the residence.

The Residences are nestled within the 17 acres beachfront resort on Sarasota’s most coveted barrier island. Amenities are unparalleled and include access the St. Regis Resort plus the signature St. Regis Butler and Concierge services, Resident-only pool and spa, and a Private Resident’s Clubhouse, fitness center and beachside cabanas.
Just steps away, residents can also immerse themselves in the St. Regis Longboat Key Resort including the private beach, pools with personal cabanas, family-friendly winding waterway and the exclusive saltwater lagoon wildlife experience complete with resident Aldabra tortoises. Escape to the sanctuary of our world-class oceanfront spa featuring vitality pools or one of the vibrant chef-driven dining outlets.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air
  • Levels: 6
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: ST. REGIS LONGBOAT KEY
  • Year Built: 2024
  • Approx Sq. Feet: 2,347
  • Acreage: 17.8
  • Est. Taxes: $0
  • Condo Fee: $4,527 Monthly
  • Pool: Other
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4633366
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4633366/1581gulfofmexicodrive_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 12/25/2024 1:20:42 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-213-3300

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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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1581 Gulf Of Mexico DRIVE, #206, Longboat Key, FL, 34228

$4,859,000

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 $3,887,200 $3,887,200 $3,887,200
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 $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,212 $24,890 $34,398
Total Monthly Payment $25,337 $25,015 $34,523

* 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.