1045 Gulf Of Mexico DRIVE, #302, Longboat Key, FL, 34228 | $1,439,000

Under contract-accepting backup offers. Beachfront living at its finest: relax, unwind, and enjoy the magnificent views of the pristine white sandy beach and the azure water of the Gulf of Mexico from this updated 3rd floor beachfront
unit at Beachplace. Take in the magical sunsets over the Gulf of Mexico from your private balcony. Just steps away from your private access to 12 miles of beach. . . Umbrellas and lounge chairs
are provided by the Beachplace community for your exclusive use. Master Bedroom provides direct access to the balcony and 180-degree Gulf views from bed. Master Bathroom with dual
vanity, separate toilet and shower room, and multiple closets. Beautifully maintained with new stainless-steel appliances, new hard wood floors in all the living spaces and bedrooms. New
HVAC in 2022. Hurricane impact glass windows and sliders give the highest hurricane protection and thermal insulation. Beachplace is also investor friendly as it allows 12 rentals per year,
with a one month minimum. Resort style amenities include: 24/7 manned guard gate, on-site management and maintenance staff, recently renovated Olympic-sized heated pool with lap lanes,
heated kids pool, spa, fitness center, Har-Tru tennis court day and night, pickleball courts, ping pong, barbeque grilling areas, clubhouse, electric car charging stations, and car wash. All roofs
were replaced approximately 6 years ago. The architecture at Beachplace was awarded a “Top 100 Moderns that Matter” designation in 2024 for its character and sense of place. It is situated
on the south end of Longboat Key just 2 miles to Publix, 3 miles to the famous boutiques and cafes of St. Armands Circle, and 5 miles to Downtown Sarasota. Just a short walk to the Longboat
Key Club with 45 holes of golf, full-service marina and a $10 million tennis center.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Laundry Closet
  • Complex: BEACHPLACE III
  • Year Built: 1981
  • Approx Sq. Feet: 1,392
  • Acreage: 31
  • Est. Taxes: $16,940
  • Condo Fee: $4,730 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Sidewalk
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: T3541223
  • Days on Market: 121 days
  • Website: https://www.raveis.com
    /prop/T3541223/1045gulfofmexicodrive_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 11/22/2024 7:47:07 AM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 813-839-3800

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1045 Gulf Of Mexico DRIVE, #302, Longboat Key, FL, 34228

$1,439,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,151,200 $1,151,200 $1,151,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $1,412 $1,412 $1,412
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,371 $7,467 $10,107
Total Monthly Payment $8,908 $9,004 $11,644

* 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.