1211 Gulf Of Mexico DRIVE, #706, Longboat Key, FL, 34228 | $1,499,990

Your Private Coastal Retreat on Longboat Key. Discover the pinnacle of beachside living in this fully furnished, 2-bedroom, 2-bathroom condo at The Promenade on Longboat Key. Overlooking the Gulf of Mexico, Sarasota Bay, Siesta Key and the glittering Sarasota city skyline, this exceptional home offers unparalleled luxury, modern elegance, and breathtaking views. Step into a light-filled retreat where contemporary updates meet timeless design. Floor-to-ceiling glass sliders frame panoramic beach views and open to a wraparound terrace, seamlessly connecting the living space with the outdoors. This expansive terrace extends to the kitchen and primary suite, creating an effortless indoor-outdoor flow that’s perfect for both relaxing and entertaining. The chef-inspired kitchen is a masterpiece of style and functionality, featuring all-new Bosch appliances, an oversized Sub-Zero refrigerator, sleek quartz countertops, solid wood cabinetry with soft-close drawers, and a chic modern backsplash. The oversized primary suite is a sanctuary of comfort, offering direct lanai access, two spacious walk-in closets, and a custom built-in makeup vanity. The spa-like primary bathroom boasts dual vanities, a walk-in shower, and state-of-the-art shower upgrades. The guest suite, positioned for maximum privacy, also enjoys stunning views of the Gulf and city skyline, making it a perfect retreat for family and friends. Additional conveniences include an in-unit laundry room equipped with a new Samsung washer and dryer, one secure under-building parking space and ample guest parking, and a private storage locker. The Promenade redefines coastal living with world-class amenities designed to elevate your lifestyle. Residents enjoy on-site management and a full-service concierge team. Secure lobby with a 24-hour manned guard gate. Updated social rooms and a state-of-the-art fitness center with sauna. Four Har-Tru tennis courts, a Gulfside sundeck, and an oversized heated swimming pool and spa. A private boardwalk to the beach, complete with Tiki huts, pristine sands, and complimentary chairs, tables, and umbrellas. Located just 0. 6 miles from the brand-new $800 million St. Regis Resort, you’re steps away from tropical cocktails, luxurious spa treatments, and gourmet dining at one of the resort’s seven on-site venues. Whether you’re savoring a morning coffee on the lanai or hosting a sunset soirée, this condo offers the ultimate coastal lifestyle in one of Florida’s most sought-after destinations.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: PROMENADE
  • Year Built: 1985
  • Approx Sq. Feet: 1,598
  • Est. Taxes: $15,039
  • Condo Fee: $7,500 Quarterly
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Deck, Gunite, Heated, In Ground, Lighting
  • Pet Policy: No
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4631985
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4631985/1211gulfofmexicodrive_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 1/10/2025 12:56:01 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-907-9595

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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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1211 Gulf Of Mexico DRIVE, #706, Longboat Key, FL, 34228

$1,499,990

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 $1,199,992 $1,199,992 $1,199,992
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.261% 6.748% 6.847%
Monthly Tax Payment $1,253 $1,253 $1,253
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,984 $7,684 $10,536
Total Monthly Payment $9,362 $9,062 $11,914

* 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.