1 month on rocket

Sale Pending

1055 Gulf Of Mexico Dr Unit 601, Longboat Key, FL, 34228

$1,699,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,172 SqFt
$1,450/SqFt
Condo
Schools Nearby

Location

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1055 Gulf Of Mexico Dr Unit 601, Longboat Key$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Open
Year Built1981
HeatingCentral, Electric
CoolingCentral Air
WaterfrontGulf
ViewWater
MLS #A4603325
Lot Size7.98 Acres
StatusSale Pending
(Pending)

About 1055 Gulf Of Mexico Dr Unit 601

Under contract-accepting backup offers. Coastal living at its finest and the perfect beach front retreat. This corner sixth floor penthouse location is rarely available and offers a wrap around balcony with sweeping views of the beach, the sparkling Gulf of Mexico, and breath taking sunsets year round. The balcony is the full length of the residence with floor to ceiling sliding glass doors offering access to the balcony from both the living area as well as from the primary bedroom. The entire residence has been beautifully updated with fine quality finishes throughout. They include new impact windows and sliding glass doors, plank styled ceramic tile with a wood floor appearance, a re-designed kitchen with airy open feel, quartz counter tops, built in pantry with pull out drawers, washer/dryer, a wine refrigerator, tile back splash and a window over the sink with city and gulf views. The primary suite offers a reading nook, walk in shower with glass enclosure and a vanity area . Beachplace offers a Jr. Olympic sized swimming pool with swim lanes, a splash pool, hot tub, fitness center, grilling area, tennis, pickle ball and a 24 hour guard gated entrance.

Property Details

Property Features

Property Information:

  • Architectural Style: Elevated, Florida
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,172 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Water
  • Exterior: Balcony, Lighting, Sliding Doors, Tennis Court(s)

Parking Information:

  • Parking: Assigned, Open

Lot Features

Lot Information:

  • Lot: Flood Zone, Landscaped, Sidewalk, Private
  • Lot Size: 7.98 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South Gulf of Mexico Drive to Beachplace on the west side of the road. Go left through the guard gate, park in guest parking and building 8 with be right in front of you.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $1,450/SqFt

Tax Information:

  • Annual Amount: $10,197
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

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Longboat Key, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$732

Avg. Days On Market

84

# of Sold Homes

45

1055 Gulf Of Mexico Dr Unit 601 vs Longboat Key

40 DAYS ON ROCKET

-44 Days

$1,699,000

+$525.6K More

$1,450/SqFt

+$718 More

KEY TAKEAWAY

This property is $525.6K more than the Median Sold Price and $718/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4603325

Listing Office:

  • 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 2024 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,197$704,500
2019$9,064$643,499
2018$8,950$631,500
2017$9,483$624,000

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1792260
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 5.12 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1792261
2
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 5.19 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1792262
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 4.14 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,963. Most Longboat Key, FL residents have annual incomes less than $35k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1055 Gulf Of Mexico Dr Unit 601

What is the listing price of this property?

The listing price of 1055 Gulf Of Mexico Dr Unit 601 property is $1,699,000.

What type of property is this?

The property 1055 Gulf Of Mexico Dr Unit 601 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Sale Pending: 1055 Gulf Of Mexico Dr Unit 601 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1055 Gulf Of Mexico Dr Unit 601 are:
Southside Elementary School: GreatSchools Rating 10/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,197 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1055 Gulf Of Mexico Dr Unit 601 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1055 Gulf Of Mexico Dr Unit 601 is 1,172 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1055 Gulf Of Mexico Dr Unit 601 is 1981.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›1055 Gulf Of Mexico Dr Unit 601

This home is located at 1055 Gulf Of Mexico Dr Unit 601 in Longboat Key, FL and zip code 34228. This 1,172 square foot home, which was built in 1981, sits on a 7.98 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,699,000.

In March 2024, from all listings sold in Longboat Key, FL there were more than 2 sold above asking price, over 39 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Longboat Key, FL increased by 2.8% between February 2024 and March 2024. Listings spent 84 days on the market in March 2024, and had a median list price of $1,173,333 during the same period.

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

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