new - 1 day on rocket

1095 Gulf Of Mexico Dr Unit 502, Longboat Key, FL, 34228

$1,199,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,392 SqFt
$861/SqFt
Condo

Location

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1095 Gulf Of Mexico Dr Unit 502, Longboat Key$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Common, Ground Level, Guest
Year Built1981
HeatingCentral
CoolingCentral Air
WaterfrontBeach
ViewPool, Water
MLS #A4629803
StatusActive

About 1095 Gulf Of Mexico Dr Unit 502

Welcome to Paradise! Whether you’re an investor seeking a fantastic opportunity, a snowbird escaping the cold, a second-home buyer, or someone looking for a perfect beachfront condo to call home—don’t miss this one! This beautifully completely renovated, fifth-floor, two-bedroom, two-bath condo is a rare find. It’s well-maintained and move-in ready, featuring a spacious split floor plan. The gourmet kitchen, hard surface countertops, and stainless steel appliances. Hurricane rated front door, impact sliding doors and windows. Step onto the balcony to enjoy serene pond views with charming water features and a stunning glimpse of the Gulf of Mexico. Beachplace offers exceptional amenities, including a heated junior Olympic-sized pool, three tennis courts, a fitness center, a clubhouse with an activity center, on-site management, and 24-hour gated security. Conveniently located on the south end of Longboat Key, this community is just a short drive to the Longboat Key Club’s Islandside and Harbourside facilities, Avenue of the Flowers, St. Armand’s Circle, and the vibrant cultural scene of downtown Sarasota. With monthly rentals permitted up to 12 times a year, this property is as flexible as it is appealing. Schedule your viewing today and make your dream of coastal living a reality! Professional interior picture available 11-19-2024

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: MANGROVE REALTY ASSOCIATES
  • Office Phone: (941) 957-0080
  • Listing Agent: Michael Renick PLLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: Pool, Water
  • Exterior: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)

Parking Information:

  • Parking: Assigned, Common, Ground Level, Guest

Virtual/3D Tour

  • Virtual Tour: 1095 Gulf Of Mexico Dr Unit 502
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Go north on GMD about one mile. Turn left into Beachplace. Turn left after the guard house and then turn right to 1095 Gulf of Mexico Drive. Park in one of the visitor's parking spaces. this unit is on the fifth floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $861/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,673
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

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Longboat Key, FL

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

67

# of Sold Homes

43

1095 Gulf Of Mexico Dr Unit 502 vs Longboat Key

1 DAY ON ROCKET

-66 Days

$1,199,000

-$26K Less

$861/SqFt

+$142 More

KEY TAKEAWAY

This property is $26K less than the Median Sold Price and $142/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: #A4629803

Listing Office:

  • Office Name: MANGROVE REALTY ASSOCIATES
  • Office Phone: (941) 957-0080
  • Listing Agent: Michael Renick PLLC

IDX 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.

IDX 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: 11/20/2024, 10:49:49 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

Apr 30, 2021Home Sold
$720,000
Jan 20, 2017Home Sold
$450,000
Nov 04, 2003Home Sold
$550,000
Nov 03, 1999Home Sold
$315,000
Jan 10, 1997Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,673$436,600
2019$6,502$434,200
2018$6,294$416,900
2017$5,600$363,200

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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.

Nearby Schools

school-card-donut-192061
7
/10

  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.44 miles

  • Public Magnet Grades KG-5

school-card-donut-192062
4
/10

  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 5.06 miles

  • Public District Grades PK-5

school-card-donut-192063
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 5.17 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1095 Gulf Of Mexico Dr Unit 502

What is the listing price of this property?

The listing price of 1095 Gulf Of Mexico Dr Unit 502 property is $1,199,000.

What type of property is this?

The property 1095 Gulf Of Mexico Dr Unit 502 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 1095 Gulf Of Mexico Dr Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,673 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2021 for $720,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1095 Gulf Of Mexico Dr Unit 502 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1095 Gulf Of Mexico Dr Unit 502 is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1095 Gulf Of Mexico Dr Unit 502 is 1981.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›1095 Gulf Of Mexico Dr Unit 502

This home is located at 1095 Gulf Of Mexico Dr Unit 502 in Longboat Key, FL and zip code 34228. This 1,392 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,199,000.

In October 2024, from all listings sold in Longboat Key, FL there were more than 2 sold above asking price, over 18 sold below and more than 23 were sold right at the asked price. The number of homes for sale in Longboat Key, FL decreased by 11% between September 2024 and October 2024. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $1,225,000.

From Rocket Homes Real Estate and based on county public records data.

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