$10,000

closing credit¹

1055 Gulf Of Mexico Dr Unit 504 Longboat Key, FL 34228

$1,525,000
2 beds
2 full
1,503 sqft
$1,015 / sqft
Condo

Property details

About 1055 Gulf Of Mexico Dr Unit 504

Beachfront Retreat with spectacular sunsets and unobstructed views of the Gulf of Mexico. Experience coastal living at it's finest in this beautifully decorated fifth floor residence, with a private balcony for viewing year round sunsets, pristine beaches and swimming dolphins. This home away from home turnkey retreat is fully furnished and ready for a getaway vacation or luxury rental. It has a fully equipped kitchen with granite countertops, recessed lighting and a breakfast bar. Additional highlights include new impact windows and doors, new HVAC system, porcelain tile flooring throughout, up-dated bathrooms, granite countertops and white cabinetry, shower/tub in guest bath and glass enclosed shower in the primary suite. This property is being sold turn-key furnished with secured rentals already in place for the upcoming season. Beachplace offers an array of exceptional amenities, including a Jr. Olympic sized swimming pool with swim lanes, a splash pool, a hot tub, a fitness center, a grilling area, tennis and pickleball courts, an EV charging station, and 24-hour security. Don't miss the opportunity to own this incredible beachfront residence with unmatched rental income.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,503 sqft
Lot size0 Acres
Year built1981
ParkingAssigned
MLS #A4632894
WaterfrontGulf
ViewWater

Summary

  • MLS Number: A4632894
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Maggie Hicks

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 12:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

balcony featuring a beach view and a water view

$1,525,000

1055 Gulf Of Mexico Dr Unit 504

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 04, 1999
Home Sold
$453,000

Tax history

YearAssessmentProperty Tax
2020$633,700$10,307
2019$716,400$10,676
2018$686,200$10,307
2017$626,100$9,514

History based on county public records data.

Nearby schools

7

Bay Haven School of Basics Plus

Public Magnet KG-5

3.4 mi

2901 W Tamiami Cir

4

Emma E. Booker Elementary School

Public District PK-5

5.1 mi

2350 Dr Martin Luther King Way

10

Southside Elementary School

Public District PK-5

5.1 mi

1901 Webber St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $103,963. Residents of Longboat Key, FL typically earn less than $<35k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
15%
35k-100k
23%
100k-200k
29%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
1%
Single, with Kids
63%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
26%
35-64 yrs old
71%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1055 Gulf Of Mexico Dr Unit 504

This home is located at 1055 Gulf Of Mexico Dr Unit 504 in Longboat Key, FL and zip code 34228. This 1,503 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 22, 2024 and is currently priced at $1,525,000.

While more than 0 listings in Longboat Key, FL in December 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 25 were sold below. The number of listings in Longboat Key, FL increased by 31.3% between November and December 2024. The median list price of listings available in December 2024 was $1,256,666, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

More resources