1 year on rocket

Sale Pending

1145 Gulf Of Mexico Dr Unit 505, Longboat Key, FL, 34228

$2,300,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,819 SqFt
$1,264/SqFt
Condo
Schools Nearby

Location

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1145 Gulf Of Mexico Dr Unit 505, Longboat Key$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Under Building
Year Built1980
HeatingCentral, Electric
CoolingCentral Air
WaterfrontGulf
ViewWater
MLS #A4568312
StatusSale Pending
(Pending)

About 1145 Gulf Of Mexico Dr Unit 505

A fabulous Fifth floor, three bedroom residence at Beachplace. Offering Panoramic views of the Gulf of Mexico with a North/Western exposure and endless Gulf of Mexico views. This property has been meticulously maintained by the current owners. There are three generous sized bedrooms, a beautifully updated Kitchen with bright white cabinets, quartz counter tops and a beautiful farm sink and both bathrooms offer new cabinets, quartz counter tops and LVP flooring. The kitchen is open to the dining/living area giving you the perfect ocean view when you walk through the front. New Impact Windows are being staled in May 2023 and this property offers under building parking as well as out door parking. Beachplace amenities include; a Junior Olympic sized swimming pool with swim lanes, tennis, pickleball, fitness center, hot tub, kiddie pool, sharing library and on-site management in a 24 hour guard gated community.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,819 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, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Covered, Under Building

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: Gulf of Mexico Drive to Beachplace on the west side of the road, turn right after the guard gate to building one on the right. Park in guest parking by the tennis courts.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $1,264/SqFt

Tax Information:

  • Annual Amount: $12,012
  • 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

1145 Gulf Of Mexico Dr Unit 505 vs Longboat Key

368 DAYS ON ROCKET

+284 Days

$2,300,000

+$1.1M More

$1,264/SqFt

+$532 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $532/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: #A4568312

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: 4/28/2024, 2:19:31 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$12,012$788,000
2019$15,266$1,032,300
2018$14,687$981,493
2017$13,308$880,900

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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-2334053
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 5.29 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2334054
2
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 5.27 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2334055
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 4.22 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. Typical income of Longboat Key, FL residents is less than $35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1145 Gulf Of Mexico Dr Unit 505

What is the listing price of this property?

The listing price of 1145 Gulf Of Mexico Dr Unit 505 property is $2,300,000.

What type of property is this?

The property 1145 Gulf Of Mexico Dr Unit 505 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Sale Pending: 1145 Gulf Of Mexico Dr Unit 505 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 1145 Gulf Of Mexico Dr Unit 505 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 $12,012 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1145 Gulf Of Mexico Dr Unit 505 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1145 Gulf Of Mexico Dr Unit 505 is 1,819 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1145 Gulf Of Mexico Dr Unit 505 is 1980.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›1145 Gulf Of Mexico Dr Unit 505

This home is located at 1145 Gulf Of Mexico Dr Unit 505 in Longboat Key, FL and zip code 34228. This 1,819 square foot home was built in 1980. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2023 and is currently priced at $2,300,000.

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. The median list price of listings available in March 2024 was $1,173,333, while the average time on the real estate market was 84 days.

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

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