Delight in a fabulous beachfront lifestyle complemented with touches of elegance in this exceptional 2BR/2BA residence on the fifth floor of Beachplace – one of the best opportunities on Longboat Key. Experience the epitome of Gulf-front living with high-impact windows and sliders that not only enhance the aesthetics but also provide a sense of security and tranquility. The covered parking space adds a sought-after convenience, reflecting the attention to detail that defines this beachfront gem. The renovated kitchen has been transformed into a spacious and open showplace, seamlessly connecting to the dining area and living room to create an open and inviting space that captures breathtaking views through the wall of glass in the living room. Revel in the artistry of the kitchen, adorned with a stylish tile backsplash, solid surface countertops, a breakfast bar and recessed lighting. The large primary suite is a sanctuary of comfort, featuring a wall of windows that maximizes the beachfront location, offering panoramic views that make you feel like you're on a cruise ship over the water. Access the terrace directly from the primary suite and indulge in the luxury of the primary bath with dual vanities, a separate water closet, and a glass shower. The guest bedroom, equally spacious, has an en-suite bathroom for added privacy and convenience. Directly overlooking the Gulf of Mexico, the extended coverage on the terrace provides the perfect setting to enjoy the soothing sounds of the waves below. With its coveted south key location, Beachplace offers residents a world of 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 lush landscaping. Rental terms of 30 days minimum, 12 times a year are allowed.
Sold for $1,300,000
$1,300,000
1055 GULF OF MEXICO DRIVE #502, LONGBOAT KEY, FL 34228
2beds
1,392sqft
Condominium
Built in 1981
-- sqft lot
$1,272,700 Zestimate®
$934/sqft
$5,421 Estimated rent
Home value
$1,272,700
$1.16M - $1.41M
$5,421/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bruce Myer 941-376-5311,
COLDWELL BANKER REALTY 941-383-6411
Bought with:
Sherry Dominick, 3424044
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4595413
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 14x13
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 12x12
Dining room
- Level: First
- Dimensions: 14x10
Kitchen
- Level: First
- Dimensions: 9x16
Living room
- Level: First
- Dimensions: 14x14
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Doors: Sliding Doors
- Windows: Blinds, 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: Assigned, Under Building
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Irrigation System, Sidewalk, Tennis Court(s)
- Pool features: Gunite, Heated, In Ground
- 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: Beach, Gulf/Ocean, Beach - Access Deeded, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Size: 7.98 Acres
- Features: In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 0010033026
- Zoning: R6MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Custom
- Property subtype: Condominium
Materials
- Concrete, Other
- Foundation: Pillar/Post/Pier
- Roof: Concrete,Other
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, Public, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated Community - Guard, Playground, Pool
- Pet fee: $0 monthly
- Subdivision: BEACHPLACE III
HOA
- Has HOA: Yes
- Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $1,577 monthly
- HOA phone: 941-383-4076
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $934/sqft
- Tax assessed value: $1,092,200
- Annual tax amount: $9,385
- Date on market: 1/22/2024
- Cumulative days on market: 29 days
- Listing terms: Cash
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2024 | Sold | $1,300,000-11.9%$934/sqft |
Source:  Stellar MLS #A4595413 Report a problem | ||
| 2/21/2024 | Pending sale | $1,475,000$1,060/sqft |
Source: Stellar MLS #A4595413 Report a problem | ||
| 1/22/2024 | Listed for sale | $1,475,000-10.6%$1,060/sqft |
Source: Stellar MLS #A4595413 Report a problem | ||
| 9/1/2023 | Listing removed | -- |
Source: Stellar MLS #A4569558 Report a problem | ||
| 8/4/2023 | Price change | $1,649,000-2.9%$1,185/sqft |
Source: Stellar MLS #A4569558 Report a problem | ||
| 6/16/2023 | Price change | $1,699,000-2.9%$1,221/sqft |
Source: Stellar MLS #A4569558 Report a problem | ||
| 5/8/2023 | Listed for sale | $1,749,000+101%$1,256/sqft |
Source: Stellar MLS #A4569558 Report a problem | ||
| 7/12/2019 | Sold | $870,000-3.2%$625/sqft |
Source: Public Record Report a problem | ||
| 5/29/2019 | Pending sale | $899,000$646/sqft |
Source: CENTURY 21 Dockside Realty Associates #A4426370 Report a problem | ||
| 2/5/2019 | Listed for sale | $899,000-25%$646/sqft |
Source: CENTURY 21 Dockside Realty Associates #A4426370 Report a problem | ||
| 8/17/2005 | Sold | $1,199,000+75%$861/sqft |
Source: Public Record Report a problem | ||
| 7/23/2003 | Sold | $685,000+132.2%$492/sqft |
Source: Public Record Report a problem | ||
| 11/5/1993 | Sold | $295,000$212/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,791 +54.9% | $1,092,200 +49.3% |
| 2024 | $9,552 +1.8% | $731,629 +3% |
| 2023 | $9,386 +1.6% | $710,319 +3% |
| 2022 | $9,236 -2.1% | $689,630 +3% |
| 2021 | $9,434 -1.1% | $669,544 +1.4% |
| 2020 | $9,538 -2.4% | $660,300 +1% |
| 2019 | $9,768 | $653,900 +4.4% |
| 2018 | $9,768 +3.6% | $626,100 +0.8% |
| 2017 | $9,428 +2.5% | $620,900 |
| 2016 | $9,202 | $620,900 +5.4% |
| 2015 | $9,202 +7.1% | $589,300 +11.2% |
| 2014 | $8,594 +8.1% | $530,000 |
| 2013 | $7,950 +0.5% | $530,000 +3.5% |
| 2012 | $7,908 -2.2% | $512,100 -8.6% |
| 2011 | $8,090 -2.7% | $560,000 0% |
| 2010 | $8,317 -21.4% | $560,100 -11.9% |
| 2009 | $10,581 | $635,700 -15.8% |
| 2008 | $10,581 -18.6% | $755,300 -18.8% |
| 2007 | $13,003 | $929,600 -1.8% |
| 2006 | -- | $946,440 +27.8% |
| 2005 | -- | $740,340 +19.8% |
| 2004 | $10,026 +5.6% | $618,200 +11.3% |
| 2003 | $9,497 +11.9% | $555,190 +18% |
| 2002 | $8,488 +32.7% | $470,500 +27% |
| 2001 | $6,396 +2.7% | $370,499 +5% |
| 2000 | $6,230 | $352,856 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 5.1 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 5.1 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Southside Elementary
- Middle: Pine View School
- 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
$1,272,700
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
$1,272,700
- Florida
- Sarasota County
- Longboat Key
- 34228
- 1055 GULF OF MEXICO DRIVE Unit 502
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