448 Gulf Of Mexico DRIVE, #A204, Longboat Key, FL, 34228 | $695,000

Under contract-accepting backup offers. Exquisite Waterfront Condo on the Coveted South End of Longboat Key with no storm damage. Discover the ultimate island lifestyle in this beautifully updated, furnished 2-bedroom condo located in the highly sought-after Bay Harbour community on the southern end of Longboat Key. With lower maintenance fees and a pet-friendly policy, this condo is the perfect blend of comfort, luxury, and convenience. Plus, the Longboat Key utility assessment has been PAID IN FULL—another added benefit for the discerning buyer. Believe it or not - It gets even better - the 2023 special assessment of $23, 000 has been PAID in full for improvements of a new roof, total building painting, door painting and internal pipe lining.

This immaculate condo features a bright, coastal interior with a serene, open layout and spectacular bay views. Enjoy the new kitchen and master bath updated in 2021 as well as new plumbing and electrical. With hurricane impact windows, elegant quartz countertops, custom wood cabinetry, designer lighting, new floors in 2020, and newer AC and hot water heater, this home feels both inviting and sophisticated. The spacious primary suite offers breathtaking water views, his and her built-in closets, and a luxurious en-suite bath with a walk-in (frameless) shower—perfect for unwinding after a day of boating or beachcombing.
Step outside and immerse yourself in the beauty of Sarasota Bay, where you'll enjoy direct access to a kayak (kayaks included) launch and optional boat slips just steps from your front door. For boating enthusiasts, Bay Harbour is a true gem. With no bridges to Sarasota Bay and just one bridge to the Gulf, you'll have unrestricted access to deep waters. The community can accommodate boats up to 42 feet in length, and the remodeled marina is equipped with electrical, freshwater, a fish cleaning station, and low-voltage lighting. Plus, enjoy frequent visits from dolphins along the seawall and playful manatees in the harbor.

Bay Harbour is composed of 39 residences and offers a wealth of amenities, including a heated waterfront pool, kayak storage, a floating kayak launch, a fitness center, assigned covered parking, and assigned locked storage locker and inside locked bike storage. Take advantage of excellent fishing right from the property, or simply relax and take in the views. This location is unparalleled, just minutes from world-renowned St. Armands Circle, downtown Sarasota, and WALKABLE to the Longboat Key Club, Dry Dock, Charthouse and more.
Whether you're seeking a permanent residence or a seasonal island retreat, Bay Harbour offers the perfect combination of location, luxury, and lifestyle. Don’t miss your chance to call this waterfront oasis home!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Elevator(s), Fitness Center, Pool, Storage
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: BAY HARBOUR APTS
  • Year Built: 1970
  • Approx Sq. Feet: 1,194
  • Acreage: 3.42
  • Est. Taxes: $5,295
  • Condo Fee: $980 Monthly
  • View: Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4639143
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4639143/448gulfofmexicodrive_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 3/27/2025 7:32:10 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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448 Gulf Of Mexico DRIVE, #A204, Longboat Key, FL, 34228

$695,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.000% 7.017% 6.120%
Monthly Tax Payment $441 $441 $441
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,469 $3,653 $4,654
Total Monthly Payment $4,002 $4,186 $5,187

* 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.