Beachfront Retreat with Exceptional Rental Income!!! Experience coastal living at its finest in this meticulously maintained fifth-floor residence, perfect as a beach retreat with fantastic rental potential. Enjoy breathtaking, direct beachfront views and year-round sunsets from your private haven. The beautifully designed kitchen boasts bright white cabinetry, a stylish tile backsplash, granite countertops, a breakfast bar, recessed lighting, and a convenient washer/dryer. Additional highlights include new impact windows and doors, ceramic tile throughout, updated bathrooms with granite countertops, a glass enclosed shower in the primary suite, and a bathtub in the guest bath. This property is being sold turn-key furnished with secured rentals already in place for the upcoming season. Beachplace offers an array of exceptional amenities, including a Jr. Olympic sized swimming pool with swim lanes, a splash pool, a hot tub, a fitness center, a grilling area, tennis and pickleball courts, an EV charging station, and 24-hour security. Don't miss the opportunity to own this incredible beachfront residence with unmatched rental income potential.
Property Details
Property Features
Property Information:
Year Built: 1981
Stories: 1
Living Area: 1,503 SqFt
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 383-6411
Listing Agent: Maggie Hicks
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Flooring Type: Ceramic Tile
Interior: Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Window Treatments
Southside Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Gulf of Mexico Drive to Beachplace on the west side of the road. Turn left after the guard gate and you may park in the parking place labeled 8-504
Price Information
Listing Price Info
Price Summary:
List Price: $1,595,000
Price Per SqFt: $1,061/SqFt
HOA Fees:
Amount: $1577
Frequency: Quarterly
Tax Information:
Annual Amount: $10,307
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Longboat Key, FL.
This property is $443.3K more than the Median Sold Price and $375/SqFt more than other homes in Longboat Key, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4615084
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 383-6411
Listing Agent: Maggie Hicks
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 9/7/2024, 7:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 04, 1999
May 04, 1999Home Sold
$453,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$10,307
$633,700
2019
$10,676
$716,400
2018
$10,307
$686,200
2017
$9,514
$626,100
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school5.12 miles
Public District Grades PK-5
Middle School
3
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school5.19 miles
Public Magnet Grades 6-8
High School
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school4.14 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school5.12 miles
Public District Grades PK-5
Nearby Schools
8
/10
Bay Haven School of Basics Plus
2901 W Tamiami Cir
Distance between this listing and this school3.44 miles
Public Magnet Grades KG-5
4
/10
Emma E. Booker Elementary School
2350 Dr Martin Luther King Way
Distance between this listing and this school5.03 miles
Public District Grades PK-5
Assigned Schools
3
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school5.19 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
645 Central Ave
Distance between this listing and this school3.77 miles
Public Charter Grades 6-8
2
/10
Suncoast School For Innovative Studies
845 S School Ave
Distance between this listing and this school5.00 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school4.14 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school4.01 miles
Public Charter Grades 9-12
5
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school4.94 miles
The neighbors living near this home have an average income of $103,963. The most common annual income of people living in Longboat Key, FL is less than $35k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1055 Gulf Of Mexico Dr Unit 504
What is the listing price of this property?
The listing price of 1055 Gulf Of Mexico Dr Unit 504 property is $1,595,000.
What type of property is this?
The property 1055 Gulf Of Mexico Dr Unit 504 is a condo located in Longboat Key, Florida, 34228.
Is this property for sale now?
Active Listing: 1055 Gulf Of Mexico Dr Unit 504 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1055 Gulf Of Mexico Dr Unit 504 are: Southside Elementary School: GreatSchools Rating 9/10Booker Middle School: GreatSchools Rating 3/10Booker High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $10,307 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 4, 1999 for $453,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1055 Gulf Of Mexico Dr Unit 504 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1055 Gulf Of Mexico Dr Unit 504 is 1,503 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1055 Gulf Of Mexico Dr Unit 504 is 1981.
This home is located at 1055 Gulf Of Mexico Dr Unit 504 in Longboat Key, FL and zip code 34228. This 1,503 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $1,595,000.
In August 2024 more than 0 listings in Longboat Key, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 19 were sold below. Between July 2024 and August 2024, Longboat Key, FL real estate market has seen decrease in the number of listings by 10.5%. In August 2024 median list price was $1,151,640 and the average listing age was 103 days.
From Rocket Homes Real Estate and based on county public records data.