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Sold for $975,000
  • $975,000

    1085 GULF OF MEXICO DRIVE #501, LONGBOAT KEY, FL 34228

    2beds
    1,172sqft
    Condominium
    Built in 1981
    -- sqft lot
    $868,600 Zestimate®
    $832/sqft
    $4,322 Estimated rent

    Home value

    $868,600

    $790,000 - $947,000

    $4,322/mo

    Zestimate® history
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    What's special

    Embrace a lifestyle of serenity and sophistication enhanced by sweeping views spanning downtown Sarasota, the rolling fairways of the Links golf course and beyond to the boundless expanse of the Gulf of Mexico from this completely renovated residence in prestigious Beachplace on Longboat Key. From the convenience of your coveted under-building parking space, step inside and be delighted by the uplifting ambiance that fills every corner of this flowing floor plan, as recent, beautifully conceived updates are found throughout and add a modern, elegant touch. The kitchen is an exceptional achievement in design and décor, boasting gorgeous solid surface counters and harmonizing tile backsplash, stainless-steel appliances, a leveled ceiling for more spacious feel, and windows inviting natural light and stunning views – a rarity for any condominium residence. The adjacent dining area and living room are wonderfully sized and enriched by the breathtaking backdrop through new high-impact floor-to-ceiling glass that leads to the open balcony. The primary suite is a sumptuous retreat, with access to the terrace, a voluminous custom closet, and primary bath with dual vanities, walk-in shower and separate water closet. Beachplace enjoys a sought-after south key location near St. Armands and downtown Sarasota, where residents are treated to 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. 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:

    Bruce Myer, 0342109

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4576803MLS 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: 14x10
    Great room
    • Level: First
    • Dimensions: 20x11
    Kitchen
    • Level: First
    • Dimensions: 9x16
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,312
    • Total interior livable area: 1,172 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest, Under Building
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck
    • Exterior features: 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: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    • Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 7.97 Acres
    • Features: In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0010033117
    • 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: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated Community - Guard, Playground, Pool
    • Pet fee: $0 monthly
    • Subdivision: BEACHPLACE III
    HOA
    • Has HOA: No
    • 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: $1,277 monthly
    • HOA name: Beachplace Association
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $832/sqft
    • Tax assessed value: $700,700
    • Annual tax amount: $9,034
    • Date on market: 7/20/2023
    • Cumulative days on market: 10 days
    • Listing terms: Cash
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2023Sold$975,000-1%$832/sqft
    Source: Stellar MLS #A4576803 Report a problem
    7/31/2023Pending sale$985,000$840/sqft
    Source: Stellar MLS #A4576803 Report a problem
    7/20/2023Listed for sale$985,000+11.3%$840/sqft
    Source: Stellar MLS #A4576803 Report a problem
    10/19/2021Sold$885,000+92.4%$755/sqft
    Source: Public Record Report a problem
    8/26/2014Sold$460,000-3.2%$392/sqft
    Source: Public Record Report a problem
    7/2/2014Listed for sale$475,000+18.8%$405/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/31/2011Sold$400,000-10.9%$341/sqft
    Source: Public Record Report a problem
    3/23/2011Pending sale$449,000$383/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/1/2010Listed for sale$449,000$383/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,585 -8.1%$700,700 -7.6%
    2024$10,426 -4.8%$758,300 +1.6%
    2023$10,947 +21.2%$746,240 +17.3%
    2022$9,035 +65.6%$636,400 +78.1%
    2021$5,457 -7.7%$357,300 -5.6%
    2020$5,910 -14.2%$378,600 -16.9%
    2019$6,889 $455,700 +4.6%
    2018$6,889 +3.8%$435,500 -0.1%
    2017$6,638 +2.8%$435,900
    2016$6,458 $435,900 +5.4%
    2015$6,458 +7.1%$413,600 +11.2%
    2014$6,032 +8.1%$372,000
    2013$5,580 +0.7%$372,000 -1.5%
    2012$5,542 +11.6%$377,800 +9.9%
    2011$4,965 -6.8%$343,700 -4.2%
    2010$5,326 -21.5%$358,700 -11.9%
    2009$6,782 $407,100 -15.9%
    2008$6,782 -29.9%$484,100 -30%
    2007$9,668 $691,200 -1.5%
    2006-- $701,580 +29.5%
    2005-- $541,598 +23.4%
    2004$7,118 +10.5%$438,900 +16.6%
    2003$6,439 +11.9%$376,420 +18%
    2002$5,755 +32.7%$319,000 +27%
    2001$4,336 +2.7%$251,209 +5%
    2000$4,224 $239,247
    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: Riverview 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
    $868,600
    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
    $868,600