22 days on rocket

1581 Gulf Of Mexico Dr Unit 508, Longboat Key, FL, 34228

$12,250,000

4 Bedrooms
4 Full Baths, 1 Partial
4,017 SqFt
$3,050/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
ParkingCovered, Guest, Under Building
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Zoned
CoolingCentral Air
ViewWater
MLS #A4630440
StatusActive

About 1581 Gulf Of Mexico Dr Unit 508

Rare opportunity for this large four-bedroom corner residence at the highly coveted and exclusive St. Regis Longboat Key. Spectacular views from the wrap around terrace of the Gulf of Mexico, Sarasota Bay and the resort, including the beautiful saltwater lagoon. Enter from your private elevator into a gracious living room complete with built-in bar, beverage refrigerator and ice maker for entertaining your guests. The grand living area opens to the wrap around terrace complete with Wolf grill. The chef?s kitchen is finished with Poggenpohl cabinetry, top of the line Wolf and Sub-Zero appliances including a double oven, gas cook top, large refrigerator, microwave and two dishwashers. A large walk-in pantry provides additional storage. The Wind finishes throughout the residence were curated by Marc Michaels Interior Design and were selected to remain timeless. The owner?s suite is gracious and luxurious featuring a wall of windows overlooking the resort and the Gulf of Mexico which provide magical evening views. A separate linen closet and large owner?s closet accommodates all your storage requirements. The owner?s bath is a spa-like retreat with a soaking tub, large shower, two separate vanities and two water closets with Toto bidet toilets. Your guests will never want to leave the three large ensuite bedrooms with private terraces and exceptional views of Sarasota Bay and the city lights. Nestled within the first branded residential community and ultra- luxe 5-star resort on the Gulf of Mexico. The Residences at The St. Regis Longboat Key blend legendary amenities, including the signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in residence dining. Resident only amenities include a clubhouse, fitness center, pool/spa and beach area. Enjoy your private residence amenities, while having access to all the resort has to offer. Live like you are on vacation all year round.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 6
  • Living Area: 4,017 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Kim Ogilvie

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Elevator, High Ceilings, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Covered, Guest, Under Building

Lot Features

Lot Information:

  • Lot: Landscaped, Paved

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Going over the Ringling Bridge, drive through St Armands Circle, then North on Gulf of Mexico Drive, approximately 2 miles and The St. Regis Longboat Key will be on the left-hand side. Enter through main entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,250,000
  • Price Per SqFt: $3,050/SqFt

HOA Fees:

  • Amount: $7800
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$1.2M

Med. Price/SqFt

$720

Avg. Days On Market

79

# of Sold Homes

20

1581 Gulf Of Mexico Dr Unit 508 vs Longboat Key

22 DAYS ON ROCKET

-57 Days

$12,250,000

+$11.0M More

$3,050/SqFt

+$2.3K More

KEY TAKEAWAY

This property is $11.0M more than the Median Sold Price and $2.3K/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: #A4630440

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Kim Ogilvie

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: 12/18/2024, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$69K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36.7K

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-4475613
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.67 miles

  • Public Magnet Grades KG-5

school-card-donut-4475614
4
/10
  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 5.36 miles

  • Public District Grades PK-5

school-card-donut-4475615
6
/10
  • Florine J. Abel Elementary School

  • 7100 Madonna Pl

  • 5.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,273. The most common annual income of people living in Longboat Key, FL is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1581 Gulf Of Mexico Dr Unit 508

What is the listing price of this property?

The listing price of 1581 Gulf Of Mexico Dr Unit 508 property is $12,250,000.

What type of property is this?

The property 1581 Gulf Of Mexico Dr Unit 508 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 1581 Gulf Of Mexico Dr Unit 508 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1581 Gulf Of Mexico Dr Unit 508 has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1581 Gulf Of Mexico Dr Unit 508 is 4,017 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1581 Gulf Of Mexico Dr Unit 508 is 2024.
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Rocket Homes›Florida›Manatee County›Longboat Key›34228›1581 Gulf Of Mexico Dr Unit 508

This home is located at 1581 Gulf Of Mexico Dr Unit 508 in Longboat Key, FL and zip code 34228. This 4,017 square foot home was built in 2024. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $12,250,000.

Longboat Key, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. The number of listings in Longboat Key, FL increased by 19.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,226,666, while the average time on the real estate market was 79 days.

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

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