$1,199,000
Pending1055 Gulf of Mexico Dr #504, Longboat Key, FL 34228
2 beds · 2 baths · 1,503 sq ft
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4663883
395 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
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.
Facts
- Property type
- Condominium
- Year built
- 1981
- Bathrooms
- 2 full
- Living area
- 1,503 sqft
- Lot size
- 7.98 acres
- Waterfront
- Yes · 2 ft
- Water access
- Beach, Beach - Access Deeded, Gulf/Ocean
- Water view
- Yes
- Private pool
- No
- Exposure
- East
- Furnished
- Furnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $14,051/yr
- Monthly fees
- $1,600/mo
- Listed
- Sep 2, 2025
- MLS #
- A4663883
Price & status history
- Listed for $1,299,000
- Price reduced to $1,199,000
Virtual tour
- Virtual tourpix360.comView the virtual tour(opens pix360.com in a new tab)
Opens pix360.com in a new tab.
Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 1055 GULF OF MEXICO DR #504. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$9,833
$6,063 of that is principal & interest. 38% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $6,063
- Property taxes
- $1,171
- Homeowners insurance
- $999
- Flood insurance
- $0
- HOA / condo fees
- $1,600
- Mortgage insurance (PMI)
- $0
- Total per month
- $9,833
Over the life of the loan
- Loan amount
- $959,200
- Down payment
- $239,800
- Total interest
- $1,223,407
- Principal + interest paid
- $2,182,607
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
1055 Gulf of Mexico Dr #504, Longboat Key, FL 34228
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4663883 · Pending
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
More homes in Longboat Key
Want an email when homes like this list?
New Longboat Key listings with at least 2 bedrooms up to $1,500,000. Free, and you can stop any time.



