$1,199,000

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

$10,000
Closing credit¹
2 beds
2 full
1,392 sqft
$861 / sqft
Condo

Property details

About 1095 Gulf Of Mexico Dr Unit 502

Major Price Adjustment – Your Opportunity Just Got Even Better! The seller is making an incredible incentive to help you secure this stunning property! They will cover the full $85,000 special assessment at closing OR reduce the price by the same amount—the choice is yours! The seller has already begun to pay the first set of payments. This will be accomplished by using the remaining amount. 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
Year built1981
ParkingAssigned, Common, Ground Level, Guest
MLS #A4629803
WaterfrontBeach
ViewPool, Water

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Total Bedroom Count: 2
  • Private Pool: No
  • Parking: Assigned, Common, Ground Level, Guest
  • Waterfront: Beach
  • View: Pool, Water
  • Exterior: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
  • Architectural Style: Custom
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,199,000
  • Price/SqFt: $861
  • HOA Amount: $0
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $11,117
  • Tax Year: 2023
  • Directions: Go north on GMD about one mile. Turn left into Beachplace. Turn left after the guard house and then turn right to 1095 Gulf of Mexico Drive. Park in one of the visitor's parking spaces. this unit is on the fifth floor.
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,392 SqFt
  • 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.

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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: 5/12/2025, 7:19:37 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
2023$857,578$11,117
2022$832,600$10,938
2021$486,400$10,938
2020$436,600$7,016
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. Residents of Longboat Key, FL typically earn less than $<35k each year. Most families are married, no kids. The majority of 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

The listing price of 1095 Gulf Of Mexico Dr Unit 502 property is $1,199,000.

The property 1095 Gulf Of Mexico Dr Unit 502 is a condo located in Longboat Key, Florida, 34228.

Active Listing: 1095 Gulf Of Mexico Dr Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1095 Gulf Of Mexico Dr Unit 502 are: Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Emma E. Booker Elementary School (GreatSchools Rating 4/10), Southside Elementary School (GreatSchools Rating 10/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Booker Middle School (GreatSchools Rating 3/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota Military Academy (GreatSchools Rating 5/10), Booker High School (GreatSchools Rating 3/10), Sarasota High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $11,117 (source: MLS/based on county public records data).

The last sale was on April 30, 2021 for $720,000 (source: MLS/tax record).

The property at 1095 Gulf Of Mexico Dr Unit 502 has 2 bedrooms and 2 bathrooms.

The property 1095 Gulf Of Mexico Dr Unit 502 is 1,392 SqFt (source: MLS/tax record).

The year of construction for 1095 Gulf Of Mexico Dr Unit 502 is 1981.

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.

Over 1 listings were sold over their listed price in April 2025 in Longboat Key, FL. In the same period over 38 listings were sold below the listed price and 5 listings were sold for the listed price. Between March and April 2025, Longboat Key, FL real estate market has seen increase in the number of listings by 2.9%. In April 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $1,217,500.

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

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