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Sold for $1,312,500
  • $1,312,500

    1145 GULF OF MEXICO DRIVE #503, LONGBOAT KEY, FL 34228

    2beds
    1,503sqft
    Condominium
    Built in 1980
    -- sqft lot
    $1,308,100 Zestimate®
    $873/sqft
    $6,254 Estimated rent

    Home value

    $1,308,100

    $1.19M - $1.44M

    $6,254/mo

    Zestimate® history
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    What's special

    Breakfast barGranite countertopsStainless-steel appliancesTile backsplashOpen-concept kitchen
    Welcome to Beachplace #1-503, a coveted fifth-floor direct Gulf-front getaway in Building 1, offering panoramic beach and Gulf views from one of Longboat Key’s most desirable waterfront communities. Encompassing 1,503 square feet of interior living space, this two-bedroom, two-bath residence delivers front-row access to turquoise waters and spectacular sunset skies. Extensively updated, this residence features oversized diagonal tile flooring throughout, enhancing flow and visual continuity. Impact windows, sliders, and doors were installed in 2017, providing added peace of mind. The open-concept kitchen was thoughtfully redesigned to maximize Gulf views, showcasing rich solid-wood cabinetry in a mahogany finish, granite countertops, tile backsplash, breakfast bar, and stainless-steel appliances. This modernized culinary space connects effortlessly to the dining area and great room, ideal for entertaining while overlooking the beach. The primary suite occupies the northwest corner to capture sweeping water views and evening sunsets. French door access to the terrace and an updated en-suite bath with quartz surfaces, dual sinks, and a glass-enclosed shower create a private retreat. The guest bedroom is positioned on the east side of the residence, also en-suite, offering comfort and privacy for visitors. Positioned beneath the penthouse extended terrace above, the covered Gulf-front balcony provides shaded outdoor living—an ideal vantage point for year-round enjoyment of the shoreline. Walls of impact-rated glass sliders open from the living room directly to the terrace, creating a seamless connection to the water and filling the interior with natural light. Beachplace is a gated Gulf-front community with 24-hour guard security, on-site management, and resort-style amenities. Residents enjoy a heated beachfront swimming pool and spa, clubhouse, fitness center, Har-Tru tennis courts, pickleball, and a private boardwalk to access the beach. Assigned parking and elevator access add convenience to this elevated mid-rise building. Located on the southern end of Longboat Key, Beachplace offers immediate access to the Longboat Key Club’s golf and tennis facilities (requires separate membership), nearby marinas, and the boutiques and restaurants of St. Armands Circle. Downtown Sarasota is just minutes away, where theaters, galleries, waterfront parks, and renowned dining complete the lifestyle. Whether enjoying a morning walk along the Gulf or an evening performance downtown, this direct beachfront residence places the very best of Sarasota living within easy reach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Abigail Lange, 3420558

    HOUSE MATCH

    Source: Stellar MLS,MLS#: A4683782MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room, Utility Room, Storage Rooms
    Primary bedroom
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Bedroom 2
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Primary bathroom
    • Features: Built-In Shelving, Dual Sinks, En Suite Bathroom, Shower No Tub, Stone Counters
    • Level: First
    Bathroom 2
    • Features: Built-In Shelving, En Suite Bathroom, Granite Counters, Single Vanity, Tub With Shower
    • Level: First
    Balcony porch lanai
    • Level: First
    • Area: 105 Square Feet
    • Dimensions: 15x7
    Dining room
    • Level: First
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Foyer
    • Level: First
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Pantry, Granite Counters
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 9x16
    Living room
    • Level: First
    • Area: 300 Square Feet
    • Dimensions: 15x20
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Kitchen, Laundry Closet
    Features
    • Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,575
    • Total interior livable area: 1,503 sqft

    Property

    Parking
    • Parking features: Assigned, Guest
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Rear Porch
    • Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Tennis Court(s)
    • Pool features: Deck, Gunite, Heated, In Ground, 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: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    Lot
    • Size: 8.11 Acres
    • Features: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0010031023
    • Zoning: R6MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Elevated
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1980
    Details
    • Builder model: B REVERSE

    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: Gulf/Ocean Front, 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 I
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
    • Services included: 24-Hour Guard, 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: $1,600 monthly
    • HOA name: Gina Chevannes, MBA, LCAM
    • HOA phone: 941-383-4076
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $873/sqft
    • Tax assessed value: $999,400
    • Annual tax amount: $13,436
    • Date on market: 2/24/2026
    • Cumulative days on market: 80 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/15/2026Sold$1,312,500-5.9%$873/sqft
    Source: Stellar MLS #A4683782 Report a problem
    5/18/2026Pending sale$1,395,000$928/sqft
    Source: Stellar MLS #A4683782 Report a problem
    2/24/2026Listed for sale$1,395,000+119.7%$928/sqft
    Source: Stellar MLS #A4683782 Report a problem
    5/17/2010Sold$635,000-6.5%$422/sqft
    Source: Public Record Report a problem
    2/9/2010Listed for sale$679,000+849.7%$452/sqft
    Source: NRT Florida #A3920828 Report a problem
    2/24/2003Sold$71,500-79.9%$48/sqft
    Source: Public Record Report a problem
    4/16/1997Sold$355,000$236/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,436 -1.8%$982,557 +10%
    2024$13,682 +1%$893,234 +10%
    2023$13,551 +10.7%$812,031 +10%
    2022$12,244 +22.3%$738,210 +10%
    2021$10,015 +6%$671,100 +8.9%
    2020$9,450 -12.9%$616,100 -15.4%
    2019$10,848 $728,200 +4.1%
    2018$10,848 +3.3%$699,600 +3.5%
    2017$10,503 +4.8%$675,700
    2016$10,022 $675,700 +5.3%
    2015$10,022 +7.1%$641,800 +11.2%
    2014$9,358 +8.1%$577,000
    2013$8,655 +0.2%$577,000 +3.2%
    2012$8,634 +8.4%$559,200 +1.5%
    2011$7,962 -8.1%$551,100 -5.5%
    2010$8,663 -21.4%$583,400 -11.9%
    2009$11,020 $662,100 -15.8%
    2008$11,020 -14%$786,600 -14.1%
    2007$12,813 $916,000 -1.5%
    2006-- $929,900 +27.6%
    2005-- $728,665 +18.3%
    2004$9,988 +2.7%$615,900 +8.3%
    2003$9,727 +11.9%$568,642 +18%
    2002$8,694 +32.7%$481,900 +27%
    2001$6,550 +29.1%$379,459 +32%
    2000$5,075 $287,469
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $1,308,100
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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
    $1,308,100