$10,000

closing credit¹

1095 Gulf Of Mexico Dr Unit 502 Longboat Key, FL 34228

$1,199,000
2 beds
2 full
1,392 sqft
$861 / sqft
Condo

Property details

About 1095 Gulf Of Mexico Dr Unit 502

Welcome to Paradise! Whether you’re an investor seeking a fantastic opportunity, a snowbird escaping the cold, a second-home buyer, or someone looking for a perfect beachfront condo to call home—don’t miss this one! This beautifully completely renovated, fifth-floor, two-bedroom, two-bath condo is a rare find. It’s well-maintained and move-in ready, featuring a spacious split floor plan. The gourmet kitchen, hard surface countertops, and stainless steel appliances. Hurricane rated front door, impact sliding doors and windows. Step onto the balcony to enjoy serene pond views with charming water features and a stunning glimpse of the Gulf of Mexico. Beachplace offers exceptional amenities, including a heated junior Olympic-sized pool, three tennis courts, a fitness center, a clubhouse with an activity center, on-site management, and 24-hour gated security. Conveniently located on the south end of Longboat Key, this community is just a short drive to the Longboat Key Club’s Islandside and Harbourside facilities, Avenue of the Flowers, St. Armand’s Circle, and the vibrant cultural scene of downtown Sarasota. With monthly rentals permitted up to 12 times a year, this property is as flexible as it is appealing. Schedule your viewing today and make your dream of coastal living a reality!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,392 sqft
Lot size0 Acres
Year built1981
ParkingAssigned, Common, Ground Level, Guest
MLS #A4629803
WaterfrontBeach
ViewPool, Water

Summary

  • MLS Number: A4629803
  • MLS Name: MFRMLS
  • Office Name: MANGROVE REALTY ASSOCIATES
  • Office Phone: (941) 957-0080
  • Listing Agent: Michael Renick PLLC

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.

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birds eye view of property featuring a beach view and a water view

$1,199,000

1095 Gulf Of Mexico Dr Unit 502

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 30, 2021
Home Sold
$720,000
Jan 20, 2017
Home Sold
$450,000
Nov 04, 2003
Home Sold
$550,000
Nov 03, 1999
Home Sold
$315,000
Jan 10, 1997
Home Sold
$235,000

Tax history

YearAssessmentProperty Tax
2020$436,600$1,673
2019$434,200$6,502
2018$416,900$6,293
2017$363,200$5,600

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

5.2 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. Typical income of Longboat Key, FL residents is less than $<35k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

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

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Frequently asked questions

About 1095 Gulf Of Mexico Dr Unit 502

This home is located at 1095 Gulf Of Mexico Dr Unit 502 in Longboat Key, FL and zip code 34228. This 1,392 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,199,000.

In December 2024 more than 0 listings in Longboat Key, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 25 were sold below. The number of homes for sale in Longboat Key, FL increased by 31.3% between November and December 2024. In December 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $1,256,666.

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

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