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Sold for $1,700,000
  • $1,700,000

    1055 GULF OF MEXICO DRIVE #605, LONGBOAT KEY, FL 34228

    2beds
    1,503sqft
    Condominium
    Built in 1981
    -- sqft lot
    $1,734,800 Zestimate®
    $1,131/sqft
    $5,765 Estimated rent

    Home value

    $1,734,800

    $1.54M - $1.96M

    $5,765/mo

    Zestimate® history
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    What's special

    Elegant Penthouse Living on Longboat Key. Discover the pinnacle of coastal living in this beautifully renovated penthouse-level residence. This home has been meticulously maintained and updated, offering panoramic views of the Gulf of Mexico through new floor-to-ceiling impact windows and sliding glass doors and the ceiling in the dining area was raised. The interior features 24" porcelain tiled floors throughout, enhancing the open and modern feel of the space. The kitchen is completely updated with quartz countertops, bright white cabinetry, and newer appliances, including a washer and dryer. Both bathrooms boast new vanities with quartz countertops and glass shower doors. The residence is further enhanced with new window treatments and stylish furnishings. This home includes one under-building parking space and an additional outdoor parking spot for convenience. Beachplace offers a comprehensive amenities package, including a 24-hour guard gated entry, Jr. Olympic-sized swimming pool, wading pool, hot tub, pickleball and tennis courts, grilling stations, EV chargers and a fitness center. The community provides beach chairs and umbrellas for its residents. Experience the luxurious lifestyle of Longboat Key in this exceptional penthouse residence at Beachplace.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maggie Hicks 941-321-1759,

    COLDWELL BANKER REALTY 941-383-6411,

    Bruce Myer 941-376-5311,

    COLDWELL BANKER REALTY

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: A4609984MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x14
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 12x12
    Balcony porch lanai
    • Level: First
    • Dimensions: 14x7
    Dining room
    • Level: First
    • Dimensions: 14x10
    Kitchen
    • Level: First
    • Dimensions: 9x16
    Living room
    • Level: First
    • Dimensions: 14x19
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
    • Laundry: In Kitchen, Laundry Closet
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat
    • Flooring: Ceramic Tile
    • Windows: Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,503
    • Total interior livable area: 1,503 sqft

    Property

    Parking
    • Parking features: Assigned, Covered, Under Building
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Irrigation System, Tennis Court(s)
    • Pool features: Gunite, Heated, In Ground, Outside Bath Access, Tile
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Gulf/Ocean
    Lot
    • Features: Flood Insurance Required, FloodZone, In County, Sidewalk
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0010033035
    • Zoning: R6MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - Guard, Pool, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: BEACHPLACE III
    HOA
    • Has HOA: No
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
    • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $1,578 monthly
    • HOA name: Beachplace Association
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,131/sqft
    • Tax assessed value: $1,420,200
    • Annual tax amount: $19,896
    • Date on market: 5/29/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    7/23/2024Sold$1,700,000-5%$1,131/sqft
    Source: Stellar MLS #A4609984 Report a problem
    6/7/2024Pending sale$1,790,000$1,191/sqft
    Source: Stellar MLS #A4609984 Report a problem
    5/29/2024Listed for sale$1,790,000+104.6%$1,191/sqft
    Source: Stellar MLS #A4609984 Report a problem
    2/6/2018Listing removed$875,000$582/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4209337 Report a problem
    2/5/2018Pending sale$875,000$582/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4209337 Report a problem
    2/5/2018Listed for sale$875,000$582/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4209337 Report a problem
    2/2/2018Sold$875,000+16.7%$582/sqft
    Source: Public Record Report a problem
    12/12/2017Sold$750,000-13.7%$499/sqft
    Source: Stellar MLS #A4172027 Report a problem
    11/27/2017Pending sale$869,000$578/sqft
    Source: Premier Sotheby's International Realty #A4172027 Report a problem
    11/8/2017Price change$869,000-3.3%$578/sqft
    Source: Premier Sotheby's International Realty #A4172027 Report a problem
    5/5/2017Price change$899,000-5.3%$598/sqft
    Source: Premier Sotheby's International Realty #A4172027 Report a problem
    12/15/2016Listed for sale$949,000+285%$631/sqft
    Source: PREMIER SOTHEBY''S INTL. REALTY #A4172027 Report a problem
    8/14/1996Sold$246,500$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,153 -2.3%$1,420,200 +10.3%
    2024$19,611 -1.4%$1,287,604 +10%
    2023$19,896 +12.1%$1,170,549 +10%
    2022$17,752 +23%$1,064,135 +10%
    2021$14,432 +6.6%$967,395 +10%
    2020$13,535 +13.9%$879,450 +10%
    2019$11,884 $799,500 +16.5%
    2018$11,884 +7.5%$686,400 -4%
    2017$11,050 +4.3%$714,900
    2016$10,597 $714,900 +5.3%
    2015$10,597 +7.1%$678,600 +11.2%
    2014$9,897 +8.1%$610,300
    2013$9,155 +0.5%$610,300 +3.4%
    2012$9,111 +3.6%$590,000 -3.1%
    2011$8,792 -3.2%$608,600 -0.5%
    2010$9,080 -21.4%$611,500 -11.9%
    2009$11,552 $694,100 -15.8%
    2008$11,552 -16%$824,600 -16.1%
    2007$13,751 $983,100 -1.8%
    2006-- $1,001,110 +27.6%
    2005-- $784,426 +19.4%
    2004$10,658 +0.1%$657,200 +5.5%
    2003$10,652 +11.9%$622,686 +18%
    2002$9,520 +32.7%$527,700 +27%
    2001$7,172 +2.7%$415,492 +5%
    2000$6,986 $395,707
    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
    $1,734,800
    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
    $1,734,800