1055 GULF OF MEXICO DRIVE #504 Longboat Key, FL $ 1,299,000
1055 GULF OF MEXICO DRIVE #504
$ 1,299,000
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1055 GULF OF MEXICO DRIVE #504

Longboat Key, FL, 34228
$ 1,299,000
Bedrooms2 Baths2.0 Sq 1,503

Monthly Estimate*

$ 8,104

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Condo for sale in Longboat Key, FL

for $1,299,000 with 2 bedrooms and 2 full baths. This 1,503 square foot condo was built in 1981 on a lot size of 7.98.

This direct Gulf-front residence at Beachplace offers an extraordinary opportunity to enjoy the very best of Longboat Key’s beachfront lifestyle. Perfectly positioned to capture unobstructed views of the Gulf of Mexico, this furnished two-bedroom home combines a serene coastal retreat with strong rental potential—producing an average of $70,000 annually in gross rentals. Whether you envision it as your move-in-ready getaway, a property to personalize, or an income-producing property, the possibilities here are unmatched. From the moment you step inside, natural light fills the open floor plan. The welcoming foyer flows into a spacious living and dining area, framed by newer impact-rated walls of glass that extend to the private terrace. This expansive beachfront balcony is a highlight of the home, offering front-row seats to breathtaking sunsets, the sound of gentle waves, and refreshing Gulf breezes. The split-bedroom layout is designed for comfort and privacy. The primary suite enjoys direct terrace access, a large closet, and an en-suite bath with dual vanities. The guest bedroom is equally inviting and privately situated, ideal for hosting family or visitors. Additional features include tile flooring throughout, a well-appointed granite kitchen, and deeded parking—adding everyday ease for seasonal or year-round living. Life at Beachplace feels like a private resort. This sought-after community offers residents 24-hour staffed security, on-site management, a clubhouse perfect for a lively escape, along with Har-Tru tennis courts, a modern fitness center, and heated swimming pool with spa. Pristine beachfront access and lushly landscaped grounds create the ultimate Florida lifestyle. Located on the southern end of Longboat Key, Beachplace provides unmatched convenience. You’re just minutes from the Longboat Key Club’s golf and tennis facilities, the boutique shops and dining of St. Armands Circle, and the vibrant cultural venues of downtown Sarasota—including theaters, galleries, and waterfront parks. From beachside relaxation to world-class dining and entertainment, everything that defines Sarasota living is within easy reach.

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Condo Active

Price

$ 1,299,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 14,051

Style

Custom,Elevated

Lot Size

7.98

Year Built

1981

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4663883

Features
Interior
Interior Amenities eating space in kitchen living room/dining room combo open floorplan solid surface counters solid wood cabinets split bedroom stone counters window treatments
Flooring tile
Furnished Y/N furnished
Total Stories 6
Air Conditioning Y/N yes
Heating Y/N yes
Window Features blinds storm window(s)
Fireplace Y/N no
Half Baths 0
Laundry Features electric dryer hookup inside laundry closet
Total Bedrooms 2
Total Baths 2
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General
Sewer public sewer
Heating central electric
Cooling central air
Utilities cable connected electricity connected phone available sewer connected underground utilities water connected
Roof concrete
Appliances dishwasher disposal dryer electric water heater microwave range refrigerator washer
Zoning r6mx
Association Fee Includes 24-hour guard cable tv community pool escrow reserves fund insurance internet maintenance structure maintenance grounds manager pest control pool maintenance private road recreational facilities secu
Patio/Porch Features rear porch
Architectural Style custom elevated
Pool Features deck gunite heated in ground lighting outside bath access
Security Features fire alarm fire sprinkler system gated community security gate smoke detector(s)
Construction Materials concrete
Pets Allowed no
Year Built 1981
View water
Levels one
Unit Number 504
Property Subtype condominium
Tax Year 2024
Ownership fee simple
Waterfront Features gulf/ocean front beach gulf/ocean
Community Features gulf/ocean front water access association recreation - owned buyer approval required clubhouse community mailbox deed restrictions fitness center gated community - guard pool sidewalks special commun
Assoc Fee Paid Per quarterly
County sarasota
New Construction no
Property Type residential
Association Amenities cable tv clubhouse elevator(s) fitness center gated laundry maintenance pickleball court(s) pool recreation facilities security spa/hot tub storage tennis court(s) vehicle restrictions
HOA Y
Subdivision Name beachplace iii
Facing Direction east
Garage Y/N no
Other Structures tennis court(s)
Total Rooms 8
Full Baths 2
Status active
Directions gulf of mexico dr to 1100 block. community on gulf (west) side. through guard gate
City longboat key
Body of Water gulf of mexico
Association Name gina chevannes mba lcam
Senior Community Y/N no
MLS Area 34228 - longboat key
Lot Size Units acres
Lot Size Square Feet 347578
Carport Y/N no
Spa Features heated in ground
Land Lease Y/N no
Tax Annual Amount 14051
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://pix360.com/video/40637/
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type vacant
Tax Lot 504
Legal Description unit 504 bldg 8 beachplace 3
Water View beach gulf/ocean - full
Water Access Type beach beach - access deeded gulf/ocean
Minimum Lease 1 month
Water Access Y/N yes
Monthly Condo Fee Amount 1634
HOA Monthly Maintenance 0
Additional Rooms great room inside utility storage rooms
Water View Y/N yes
Flood Zone Code ae
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Exterior
Exterior Amenities balcony irrigation system lighting sidewalk sliding doors tennis court(s)
Vegetation mature landscaping trees/landscaped
Parking Features deeded guest
Lot Features floodzone in county landscaped near golf course near marina private
Water Source public
Lot Size Area 7.9793
Foundation Details pillar/post/pier
Spa yes
Building Area Total 1603
Lot Size Acres 7.98
Road Surface Type paved
Private Pool no
Waterfront Y/N yes
Road Frontage Type private road
Builder Model b
Road Responsibility private maintained road
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Internal Only
Street Number 1 1055
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Professionals@Pettingell.com

Email

Affordability Calculator

$9,275
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,104
Monthly Property Taxes
$1,171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2025$1,299,000 Listed Price

Map


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1055 GULF OF MEXICO DRIVE #504, Longboat Key, FL, 34228 is a Condo for sale at $1,299,000 with 1,503 sqft and a lot size of 7.98. 1055 GULF OF MEXICO DRIVE #504 has 2 bedrooms, 2.0 baths, and was built in 1981. The property's zip code is 34228 which is in Longboat Key, FL