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Sold for $995,000
  • $995,000

    1085 GULF OF MEXICO DRIVE #305, LONGBOAT KEY, FL 34228

    3beds
    1,819sqft
    Condominium
    Built in 1981
    -- sqft lot
    $975,700 Zestimate®
    $547/sqft
    $6,414 Estimated rent

    Home value

    $975,700

    $878,000 - $1.09M

    $6,414/mo

    Zestimate® history
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    $7,647/mo

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    What's special

    This highly desirable corner 3-bedroom Beachplace residence comes fully furnished and move in ready for new owners or tenants. The wraparound living area terrace provides peaceful landscaped golf course views and abundant natural lighting throughout the space. The master suite enjoys the same lush views with access to the terrace, an 8 X 9 dressing area with dual vanities and master shower. Both guest bedrooms share a bathroom with tub and shower and the third bedroom has its own private terrace overlooking the grounds. The kitchen offers a breakfast bar, laundry closet, substantial counter space with all the usual appliance conveniences and extra light from the side window unlike the interior units. With an excellent rental policy of 1 month minimum/12 times per year, owners can maximize rental income year-round. Beachplace offers a 24-hour manned guard gate, heated swimming pool & spa, tennis courts, dedicated pickle ball courts, fitness center, clubhouse, on-site management, and miles of pristine beach to relax, enjoy and explore. Conveniently located on the south end of Longboat Key just minutes from the fine dining and shopping on St. Armands Circle and a short drive over the bridge to the cultural hub of downtown Sarasota. Your Longboat Life awaits! Price reduced $200K and ready for immediate sale. Owner is open to doing partial Seller financing for qualified candidates.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ian Addy, PA 941-961-8850,

    MICHAEL SAUNDERS & COMPANY 941-383-7591

    Bought with:

    Ian Addy, PA, 3066979

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4556271MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 14x14
    Bedroom 2
    • Level: First
    • Dimensions: 10x13
    Bedroom 3
    • Level: First
    • Dimensions: 12x11
    Balcony porch lanai
    • Level: First
    • Dimensions: 17x7
    Balcony porch lanai
    • Level: First
    • Dimensions: 4x13
    Dining room
    • Level: First
    • Dimensions: 14x10
    Kitchen
    • Level: First
    • Dimensions: 9x16
    Living room
    • Level: First
    • Dimensions: 14x21
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: In Kitchen, Laundry Closet
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    • Furnished: Yes
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 2,009
    • Total interior livable area: 1,819 sqft

    Property

    Parking
    • Parking features: Assigned, Guest
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Sidewalk, Tennis Court(s)
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Golf Course, Trees/Woods
    • Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 7.97 Acres
    • Features: CoastalConstruction Control Line, City Lot, Sidewalk
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 0010033111
    • Zoning: R6MX
    • Special conditions: None

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Public

    Community & HOA

    Community
    • Features: Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Pool
    • Pet fee: $0 monthly
    • Subdivision: BEACHPLACE III
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,277 monthly
    • HOA name: Beachplace Association/Bridget Spence
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $701,300
    • Annual tax amount: $8,304
    • Date on market: 1/5/2023
    • Cumulative days on market: 225 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    9/19/2023Sold$995,000$547/sqft
    Source: Stellar MLS #A4556271 Report a problem
    8/21/2023Pending sale$995,000$547/sqft
    Source: Stellar MLS #A4556271 Report a problem
    7/5/2023Price change$995,000-4.8%$547/sqft
    Source: Stellar MLS #A4556271 Report a problem
    4/28/2023Price change$1,045,000-4.6%$574/sqft
    Source: Stellar MLS #A4556271 Report a problem
    4/3/2023Price change$1,095,000-6.4%$602/sqft
    Source: Stellar MLS #A4556271 Report a problem
    2/13/2023Price change$1,170,000-2.1%$643/sqft
    Source: Stellar MLS #A4556271 Report a problem
    1/5/2023Listed for sale$1,195,000+147.4%$657/sqft
    Source: Stellar MLS #A4556271 Report a problem
    4/1/2002Sold$483,000+15%$266/sqft
    Source: Public Record Report a problem
    11/5/2001Sold$420,000$231/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,593 -2.5%$701,300 -1.8%
    2024$9,838 +3.7%$714,400 +39.4%
    2023$9,486 +14.2%$512,435 +10%
    2022$8,304 +29.4%$465,850 +10%
    2021$6,419 -7.3%$423,500 -5.2%
    2020$6,927 -13.7%$446,800 -16.4%
    2019$8,031 $534,300 +4.1%
    2018$8,031 +3.3%$513,200 -4.9%
    2017$7,775 -2.9%$539,800
    2016$8,006 $539,800 +5.3%
    2015$8,006 +7.1%$512,700 +11.2%
    2014$7,476 +8.1%$461,000
    2013$6,915 +0.6%$461,000 -1.2%
    2012$6,874 +12.1%$466,730 +10%
    2011$6,130 -0.6%$424,300 +2.2%
    2010$6,164 -21.4%$415,100 -11.9%
    2009$7,839 $471,100 -15.8%
    2008$7,839 -18.9%$559,600 -19%
    2007$9,661 $690,700 +0.2%
    2006-- $689,590 +27.9%
    2005-- $539,017 +14.3%
    2004$7,646 -3.6%$471,500 +1.7%
    2003$7,929 +11.9%$463,504 +18%
    2002$7,087 +59.2%$392,800 +38.7%
    2001$4,450 +1%$283,292 +3%
    2000$4,406 $275,041
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $975,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $975,700