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Sold for $1,475,000
  • $1,475,000

    1211 GULF OF MEXICO DRIVE #506, LONGBOAT KEY, FL 34228

    2beds
    1,598sqft
    Condominium
    Built in 1985
    -- sqft lot
    $1,361,600 Zestimate®
    $923/sqft
    $6,141 Estimated rent

    Home value

    $1,361,600

    $1.24M - $1.51M

    $6,141/mo

    Zestimate® history
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    What's special

    This fully furnished Gulf-front Promenade Longboat Key condo features a nearly 200SF terrace facing South and West, offering sea breezes and views of downtown Sarasota to the Southeast, Longboat Key to the South and the gentle Gulf of Mexico surf to the West. Fantastic Longboat Key location 1.8 miles to Publix Bay Isles, 6 miles to downtown Sarasota and about 9 miles to SRQ airport. Walk down the beach to the brand new $800 million St. Regis Resort Longboat Key (0.6 miles) for a tropical cocktail, spa treatment or gourmet meal (at one of seven onsite food and beverage venues). Vibrant St. Armand's Key and its many boutiques and dining options is a short drive (7 mins or 3.3 mi). This spacious, turnkey two bedroom, two bath home at the Promenade includes a wet bar with mini-fridge, wine cooler in kitchen, dining area, ceiling fans, in-unit washer and dryer, brand new HVAC system and one assigned garage space. The primary bedroom is appointed with a king-sized bed; the secondary bedroom offers two twin beds plus closets. Enjoy direct access to the Promenade's private and pristine Longboat Key beachfront with complimentary chairs, tables and umbrellas as well as the expansive sun deck with heated pool, spa and multiple covered dining and grilling areas with Gulf views. Additional amenities on the Promenade's 6.5 acres of luxurious tropical grounds include his and hers fitness centers with saunas, concierge, 24 hour security at gated entry, Har-Tru tennis courts, tastefully remodeled lobby and hallways, ample guest parking and more. The Promenade is a pet-free property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Yunis 917-880-0769,

    PREFERRED SHORE LLC 941-999-1179

    Bought with:

    Magaly Fierro, 3490557

    PREFERRED SHORE LLC

    Joseph Millslagle, 3403228

    PREFERRED SHORE LLC

    Source: Stellar MLS,MLS#: A4603077MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Thermostat, Wet Bar
    • Flooring: Carpet, Hardwood
    • Doors: Outdoor Grill, Outdoor Kitchen
    • Windows: Storm Window(s)
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,788
    • Total interior livable area: 1,598 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Guest, Under Building
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Outdoor Grill, Outdoor Kitchen, Sauna, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Gulf/Ocean - Partial
    • Waterfront features: Gulf/Ocean Front, Gulf/Ocean, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 7.87 Acres
    Details
    • Parcel number: 0009111054
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Concrete Perimeter
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Buyer Approval Required, Fitness Center
    • Pet fee: $0 monthly
    • Subdivision: PROMENADE
    HOA
    • Has HOA: Yes
    • Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Security, Trash
    • HOA fee: $2,158 monthly
    • HOA name: Brian Bender
    • HOA phone: 941-383-8893
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $923/sqft
    • Tax assessed value: $956,100
    • Annual tax amount: $10,387
    • Date on market: 3/11/2024
    • Cumulative days on market: 96 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/24/2024Sold$1,475,000-13.2%$923/sqft
    Source: Stellar MLS #A4603077 Report a problem
    6/15/2024Listing removed--
    Source: Stellar MLS #A4594689 Report a problem
    6/15/2024Pending sale$1,699,999$1,064/sqft
    Source: Stellar MLS #A4603077 Report a problem
    4/26/2024Listed for rent$10,000$6/sqft
    Source: Stellar MLS #A4594689 Report a problem
    3/12/2024Listed for sale$1,699,999+113.8%$1,064/sqft
    Source: Stellar MLS #A4603077 Report a problem
    6/12/2010Listing removed$795,000$497/sqft
    Source: NRT Florida #A3913600 Report a problem
    4/4/2010Listed for sale$795,000$497/sqft
    Source: NRT Florida #A3913600 Report a problem
    2/20/2010Listing removed$795,000$497/sqft
    Source: NRT Florida #A3913600 Report a problem
    9/20/2009Listed for sale$795,000+1522.4%$497/sqft
    Source: NRT Florida #A3913600 Report a problem
    5/8/2006Sold$49,000-94.4%$31/sqft
    Source: Public Record Report a problem
    10/25/2005Sold$879,000$550/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,982 +13.8%$956,100 +30.6%
    2024$11,403 +9.8%$732,316 +10%
    2023$10,388 +10.7%$665,742 +10%
    2022$9,382 +13.6%$605,220 +10%
    2021$8,259 +4.7%$550,200 +7.6%
    2020$7,891 -17.2%$511,500 -19.7%
    2019$9,527 $637,300 +4.2%
    2018$9,527 +3.4%$611,600 0%
    2017$9,215 +16%$611,700 +0%
    2016$7,947 $611,500 +20.2%
    2015$7,947 $508,900 +13.9%
    2014$7,947 +18.6%$446,700
    2013$6,701 +2.7%$446,700 +0.4%
    2012$6,523 -14.1%$444,700 -15.4%
    2011$7,598 +5.2%$525,900 +8.1%
    2010$7,223 -17.7%$486,400 -8.5%
    2009$8,781 $531,600 -15.2%
    2008$8,781 -18.5%$626,800 -18.7%
    2007$10,779 $770,600 -0.8%
    2006-- $777,200 +22.1%
    2005-- $636,500 +8.3%
    2004$9,532 +8.1%$587,775 +14%
    2003$8,820 +2.4%$515,592 +8%
    2002$8,613 +33.8%$477,400 +28%
    2001$6,438 +27.1%$372,973 +30%
    2000$5,065 $286,902
    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
    $1,361,600
    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
    $1,361,600