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Sold for $1,300,000
  • $1,300,000

    1045 GULF OF MEXICO DRIVE #501, LONGBOAT KEY, FL 34228

    2beds
    1,172sqft
    Condominium
    Built in 1981
    -- sqft lot
    $1,283,400 Zestimate®
    $1,109/sqft
    $4,322 Estimated rent

    Home value

    $1,283,400

    $1.16M - $1.42M

    $4,322/mo

    Zestimate® history
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    What's special

    Prepare to be captivated by stunning vistas and embrace the ultimate beachfront lifestyle in the prestigious Beachplace community on Longboat Key. Located on the 5th floor, this magnificent 2BR/2BA furnished residence overlooks the gorgeous Gulf of Mexico and its spectacular sunsets through walls of glass. Delight in a high level of care and style upon entry, as elegant tile floors flow through the bright and airy living space. The kitchen, which has been thoughtfully opened to the living and dining areas, boasts solid surface counters, a breakfast bar, glass panel cabinetry accents, a beautiful tile backsplash and stainless-steel appliances. The spacious living room is bathed in natural light, thanks to the floor-to-ceiling windows that frame the breathtaking beachfront scenery. Step out onto the wraparound corner terrace and let the tranquil sounds of the waves soothe you as you take in the panoramic views of the Gulf of Mexico. Wake up to the mesmerizing backdrop of the Gulf from the primary suite, which features large en suite bathroom with dual vanities, walk-in shower and separate water closet. The 2nd BR offers a comfortable retreat for guests or can be utilized as a home office or den, providing versatility to suit your needs. Discover the allure of Beachplace's coveted south key location near St. Armands and downtown Sarasota. Here, residents are treated to a world of sophisticated amenities, including a 24-hour guard gate, a refreshing pool, a rejuvenating spa, a state-of-the-art fitness center, a lighted tennis pavilion, and meticulously manicured. Beachplace allows excellent rental terms of 30 days minimum 12 times a year.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce Myer 941-376-5311,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Oliver McConnell, 3131984

    MCCONNELL AND ASSOCIATES

    Source: Stellar MLS,MLS#: A4588217MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 14x12
    Bedroom 2
    • Level: First
    • Dimensions: 12x10
    Dining room
    • Level: First
    • Dimensions: 14x9
    Kitchen
    • Level: First
    • Dimensions: 9x16
    Living room
    • Level: First
    • Dimensions: 14x11
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,312
    • Total interior livable area: 1,172 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony
    • Pool features: Gunite, Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Features: In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0010033057
    • Zoning: R6MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Membrane
    Condition
    • Completed
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Waterfront, Buyer Approval Required, Fitness Center, Gated Community - Guard, Pool
    • Pet fee: $0 monthly
    • Subdivision: BEACHPLACE III
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Pool, Tennis Court(s)
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Water
    • HOA fee: $1,277 monthly
    • HOA name: Gaelen Straugh
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,109/sqft
    • Tax assessed value: $1,057,200
    • Annual tax amount: $10,720
    • Date on market: 11/15/2023
    • Cumulative days on market: 9 days
    • Listing terms: Cash
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2024Sold$1,300,000-1.9%$1,109/sqft
    Source: Stellar MLS #A4588217 Report a problem
    11/25/2023Pending sale$1,325,000$1,131/sqft
    Source: Stellar MLS #A4588217 Report a problem
    11/15/2023Listed for sale$1,325,000-7%$1,131/sqft
    Source: Stellar MLS #A4588217 Report a problem
    9/1/2023Listing removed--
    Source: Stellar MLS #A4573051 Report a problem
    8/1/2023Listed for sale$1,425,000$1,216/sqft
    Source: Stellar MLS #A4573051 Report a problem
    7/1/2023Listing removed--
    Source: Stellar MLS #A4573051 Report a problem
    6/13/2023Listed for sale$1,425,000+78.2%$1,216/sqft
    Source: Stellar MLS #A4573051 Report a problem
    8/7/2012Listing removed$799,500$682/sqft
    Source: Premier Sotheby's International Realty #A3950484 Report a problem
    10/25/2011Listed for sale$799,500-1.3%$682/sqft
    Source: Signature Sotheby's International Realty #A3950484 Report a problem
    5/29/2011Listing removed$810,000$691/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A3924997 Report a problem
    4/24/2010Listed for sale$810,000-9.8%$691/sqft
    Source: NRT Florida #A3924997 Report a problem
    6/27/2009Listing removed$898,000$766/sqft
    Source: NRT Florida #A3900900 Report a problem
    2/14/2009Price change$898,000-1.9%$766/sqft
    Source: NRT Florida #A3900900 Report a problem
    1/23/2009Listed for sale$915,000+40.8%$781/sqft
    Source: NRT Florida #A3900900 Report a problem
    4/1/2008Sold$650,000+124.1%$555/sqft
    Source: Public Record Report a problem
    3/29/1994Sold$290,000$247/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,326 +10.8%$1,057,200 +35.3%
    2024$12,927 +8.3%$781,297 +10%
    2023$11,937 +11.3%$710,270 +10%
    2022$10,720 +21.9%$645,700 +10%
    2021$8,794 +5.7%$587,000 +8.6%
    2020$8,323 -9.3%$540,500 -11.9%
    2019$9,180 $613,400 +4.1%
    2018$9,180 +3.3%$589,200 +2.5%
    2017$8,888 +1.5%$575,100
    2016$8,755 +2.6%$575,100 +5.3%
    2015$8,531 $546,300 +11.2%
    2014$8,531 +15.8%$491,200
    2013$7,368 +0.3%$491,200 +3.2%
    2012$7,349 +9.7%$476,000 +2.7%
    2011$6,698 -16.3%$463,600 -14%
    2010$8,004 -21.4%$539,000 -11.9%
    2009$10,182 $611,700 -15.8%
    2008$10,182 -20.5%$726,800 -20.6%
    2007$12,809 $915,700 -2.2%
    2006-- $936,210 +28.4%
    2005-- $729,236 +22.6%
    2004$9,648 +0.7%$594,900 +6.2%
    2003$9,584 +11.9%$560,264 +18%
    2002$8,566 +32.7%$474,800 +27%
    2001$6,453 +2.7%$373,848 +5%
    2000$6,286 $356,046
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,283,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,283,400