2 months on rocket

2525 Gulf Of Mexico Dr Unit 15B, Longboat Key, FL, 34228

$1,650,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,491 SqFt
$1,107/SqFt
Condo
Schools Nearby

Location

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2525 Gulf Of Mexico Dr Unit 15B, Longboat Key$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Guest
Year Built1972
HeatingElectric
CoolingCentral Air
WaterfrontGulf
ViewCity, Golf Course, Pool, Water
MLS #A4598262
Lot Size3.37 Acres
StatusActive

About 2525 Gulf Of Mexico Dr Unit 15B

Follow your dreams to this Longboat Key island penthouse with gorgeous beach, bay and city views. Superb mid-island location across from Bay Isles Shoppes and only 15 minutes over the Ringling bridge to downtown Sarasota lifestyle amenities. This fifteenth-floor residence has a desirable southern exposure, new impact windows and high ceilings for bright year-round comfort and night-time views of Sarasota’s city lights. This residence has 1,491 sq. ft. of living space that consists of two bedrooms with ensuite baths, spacious great room, open dining room/kitchen and storage closet. The bedrooms are on opposite sides of the living area and feature expansive floor-to-ceiling windows with amazing water views. Outside, the 21-ft. x 10-ft. balcony is a year-round relaxation station. Islands West is a 15-story resort-like community situated on the beautiful beach of the Gulf of Mexico. Community amenities include secure key fob entry, social room with library, two fitness rooms, catering kitchen, heated pool and spa, dry sauna, outdoor patio and grills. The building allows two pets, a welcome perk for pet lovers. For the sports and outdoor enthusiasts, there are tennis courts with pickleball lines, and storage for bikes, kayaks and paddleboards. Nearby lifestyle amenities include the Bay Isles Shoppes across the street with Publix, CVS, post office, banking, dining, Longboat Key tennis center, and Bayfront Park. In addition, it’s only four miles to world-renowned St. Armands Circle and seven miles to Downtown Sarasota for five-star shopping, dining, entertainment and the arts.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 15
  • Living Area: 1,491 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Nancy Endara

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Built-in Features, Crown Molding, Dry Bar, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: City, Golf Course, Pool, Water
  • Exterior: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Tennis Court(s)

Parking Information:

  • Parking: Covered, Guest

Virtual/3D Tour

  • 3D Tour: 2525 Gulf Of Mexico Dr Unit 15B

3D Tour

Lot Features

Lot Information:

  • Lot: Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
  • Lot Size: 3.37 Acres

Utilities

Utilities Information:

  • Heating: 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: From Downtown Sarasota: take FL 789 N/John Ringling Causeway to St. Armands Circle, Right at the circle exiting onto N Bvld of the Presidents. Proceed to Gulf of Mexico Drive, Left at the Bay of Isles Pkwy light onto Islands Ct,

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $1,107/SqFt

Tax Information:

  • Annual Amount: $1,825
  • 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

$727

Avg. Days On Market

59

# of Sold Homes

58

2525 Gulf Of Mexico Dr Unit 15B vs Longboat Key

84 DAYS ON ROCKET

+25 Days

$1,650,000

+$476.2K More

$1,107/SqFt

+$379 More

KEY TAKEAWAY

This property is $476.2K more than the Median Sold Price and $379/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: #A4598262

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Nancy Endara

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: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 1998Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,825$505,296
2019$6,852$493,935
2018$6,764$484,725
2017$6,691$474,755

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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-4595177
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 6.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4595178
2
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 6.15 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4595179
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 5.14 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 $110,119. Typical income of Longboat Key, FL residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2525 Gulf Of Mexico Dr Unit 15B

What is the listing price of this property?

The listing price of 2525 Gulf Of Mexico Dr Unit 15B property is $1,650,000.

What type of property is this?

The property 2525 Gulf Of Mexico Dr Unit 15B is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 2525 Gulf Of Mexico Dr Unit 15B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2525 Gulf Of Mexico Dr Unit 15B 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 $1,825 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 3, 1998 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2525 Gulf Of Mexico Dr Unit 15B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2525 Gulf Of Mexico Dr Unit 15B is 1,491 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 Gulf Of Mexico Dr Unit 15B is 1972.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›2525 Gulf Of Mexico Dr Unit 15B

This home is located at 2525 Gulf Of Mexico Dr Unit 15B in Longboat Key, FL and zip code 34228. This 1,491 square foot home, which was built in 1972, sits on a 3.37 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $1,650,000.

Over 3 listings were sold over their listed price in April 2024 in Longboat Key, FL. In the same period over 43 listings were sold below the listed price and 12 listings were sold for the listed price. The number of listings in Longboat Key, FL decreased by 4.5% between March 2024 and April 2024. In April 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $1,173,750.

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

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