5757 Gulf Of Mexico DRIVE, #109, Longboat Key, FL, 34228 | $785,000

The largest Longboat Key Beachfront unit on the market at this value! Welcome to your Beachfront Oasis! Walk out of your Gulf front Patio with a view that's only 60 steps to the Pool and 130 steps to our beautiful Longboat Key Beach! You have a view of the Gulf from the moment you walk in the front door. This large 2 Bed/2 Bath ground floor Condo gives you plenty of space for both yourself and all your friends who won't want to leave! The open Kitchen features Granite Countertops, Stainless Steel Appliances, a workspace area, and a breakfast bar. Two Oversized Bedrooms, the Primary with a great view and sliders to the Patio. The Primary has a walk-in closet, dual sinks, and an updated walk-in shower. The Guest Bedroom is large enough for multiple beds and the updated Guest Bath has a tub/shower combo for the little one's. You'll enjoy Tile throughout the entire home for those days walking back in from the Beach. For peace of mind all windows and sliders are hurricane impact glass and the rear window includes rolldown shutters. Milestone Inspection was completed in 2024 and there's no current assessments. The Roof was replaced in 2023, AC 2021, Water Heater 2021. Nothing left to do but move right in! At Shore you'll enjoy use of the Pool, Hot Tub, Sauna, Gym, and a large Social Room. The Shore is a Pet Friendly community. Your new unit comes with an assigned covered parking space and a large (5. 5x10. 5) private storage room to keep all your beach gear! Conveniently located near fabulous Dining options with easy access to Anna Maria, Lido Key, and downtown Sarasota.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Storage
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: THE SHORE CONDOMINIUM
  • Year Built: 1974
  • Common Charge: $4,294 Quarterly
  • Approx Sq. Feet: 1,561
  • Est. Taxes: $8,712
  • Lot Desc: FloodZone
  • View: Pool, Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4620999
  • Days on Market: 66 days
  • Website: https://www.raveis.com
    /prop/A4620999/5757gulfofmexicodrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 1:06:34 PM)
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NMLS Mortgage Loan Originator ID 16953

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5757 Gulf Of Mexico DRIVE, #109, Longboat Key, FL, 34228

$785,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $628,000 $628,000 $628,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.256%
Monthly Tax Payment $726 $726 $726
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,178 $4,126 $5,296
Total Monthly Payment $4,996 $4,944 $6,114

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.