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Sold for $950,000
  • $950,000

    1055 GULF OF MEXICO DRIVE #402, LONGBOAT KEY, FL 34228

    2beds
    1,392sqft
    Condominium
    Built in 1981
    -- sqft lot
    $931,400 Zestimate®
    $682/sqft
    $5,322 Estimated rent

    Home value

    $931,400

    $848,000 - $1.02M

    $5,322/mo

    Zestimate® history
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    $7,723/mo

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    What's special

    This direct Gulf-front residence at Beachplace presents a rare opportunity to create your dream retreat in one of Longboat Key’s most desirable communities. Positioned to capture unobstructed views of the Gulf of Mexico, this two-bedroom getaway offers the ideal canvas for personal renovation, combining a beachfront lifestyle with outstanding rental potential. Step into a light-filled floorplan where the welcoming foyer flows into a spacious living and dining area, framed by new, impact walls of glass that draw in sweeping coastal vistas. The highlight of the home is the expansive beachfront terrace—perfect for savoring evening sunsets and refreshing Gulf breezes.The smartly designed split-bedroom layout provides ideal separation for hosting guests, with the primary suite offering direct access to the terrace, a spacious closet, and an en-suite bath. Whether reimagining this residence for personal use or income generation, the fundamental elements are already in place: a premier beachfront location, brand-new windows and doors, plus a generous square footage, with a layout that maximizes privacy and views. Additional conveniences include a rare combination of one coveted covered parking space and an additional outdoor spot, offering ease for seasonal residents or visitors. Beachplace is a sought-after Gulf-front community known for its pristine beachfront access and resort-style amenities. Residents enjoy a 24-hour staffed guard gate, on-site management, a newly refreshed clubhouse, tennis courts, a well-equipped fitness center, heated swimming pool, and spa—everything needed for the quintessential Florida lifestyle. Perfectly located on the southern end of Longboat Key, this residence is just moments from the Longboat Key Club’s golf and tennis facilities. Enjoy a quick drive to the convenience of Avenue of the Flowers shopping plaza or indulge in the world-class dining and boutique shopping of St. Armands Circle. For cultural outings, downtown Sarasota offers renowned theaters, galleries, and waterfront parks just minutes away.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Roger Pettingell, 0499842

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4674597MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room, Utility Room
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Range
    • Laundry: Inside, Laundry Closet
    Features
    • Living Room/Dining Room Combo, Open Floorplan, Split Bedroom
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Storm Window(s), Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 1,492
    • Total interior livable area: 1,392 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Deeded, Ground Level, Guest
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Rear Porch
    • Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Tennis Court(s)
    • Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 7.98 Acres
    • Features: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0010033020
    • Zoning: R6MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom,Elevated
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1981
    Details
    • Builder model: C

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
    • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: BEACHPLACE III
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
    • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $1,634 monthly
    • HOA name: GINA CHEVANNES
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $682/sqft
    • Annual tax amount: $14,881
    • Date on market: 12/10/2025
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/10/2025Sold$950,000-20.5%$682/sqft
    Source: Stellar MLS #A4674597 Report a problem
    6/4/2025Listing removed$1,195,000$858/sqft
    Source: Stellar MLS #A4648196 Report a problem
    4/14/2025Listed for sale$1,195,000$858/sqft
    Source: Stellar MLS #A4648196 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $931,400
    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
    $931,400