Active
$12,875,000
Est. $80,362/mo

1561 Gulf Of Mexico Dr #403, Longboat Key, FL, 34228

$3,075/sqft·St. Regis Longboat Key

3 bd4 ba4,187 sqft2 car garageCondominium
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4627926

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Est. monthly payment
$80,362/mo
Down payment (20%)
$2,575,000
Property taxes
$6,777/mo
Rate assumed
6.8% · 30 yr
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At a glance

Condo
6 stories · 2024
Waterfront
Gulf/Ocean
Community pool
Fitness center too
2 car garage
Assigned
Private balcony
Outdoor space

About this home

ElevatorHigh CeilingsOpen FloorplanSolid Surface CountersWalk-in Closet(s)Wet BarBalconyOutdoor Grill

1561 Gulf Of Mexico Dr #403 is a 2024-built home in St. Regis Longboat Key, Longboat Key. Inside you'll find 3 bedrooms, 4 bathrooms, and 4,187 square feet of living space. Listed at $12,875,000 (about $3,075/sqft), 666 days on market. Flood zone VE - confirm flood insurance requirements with your lender.

From the listing

Experience unparalleled luxury with breathtaking views of the Gulf of Mexico in the Armand Building. This exceptional residence features an open-concept floorplan designed for entertaining, complete with floor-to-ceiling glass doors that lead to an expansive terrace outfitted with a built-in gas grill, perfect for seamless indoor-outdoor living. Ideal for multi-generational gatherings, the clubroom serves as a fantastic bonus space, featuring a wet bar equipped with an ice maker, bar sink, and wine fridge. The gourmet kitchen is a chef’s dream, showcasing top-of-the-line Wolf and Sub-Zero appliances, including a 6-burner gas cooktop, double ovens, and an integrated cabinet front side-by-side refrigerator/freezer. A semi-private elevator with keyless entry transports you directly from your private two-car garage to your residence. The owner’s suite offers a spacious walk-in closet, a luxurious soaking tub, a frameless walk-in shower, and dual vanities with separate water closets. Designed with technology-ready infrastructure, this home allows for easy customization of your automation preferences. Located within the first branded residential community and ultra-luxe 5-star resort hotel on the Gulf, The Residences at The St. Regis Longboat Key blend legendary service with the allure of a serene seaside retreat. Spanning over 17 acres with 800 feet of direct beachfront, residents can indulge in unparalleled amenities, including signature St. Regis Butler and Concierge services, a world-renowned spa, in-residence dining, a resident-only pool and spa, a private clubhouse, a fitness center, and beachside cabanas. Discover a life of luxury and leisure at The Residences at The St. Regis Longboat Key—where every day feels like a getaway. The owner will consider a lease purchase with acceptable terms on this residence.

The essentials

Built
2024
Price / sqft
$3,075
On market
669 days
Annual tax
$81,320
Flood zone
VE
Type
Condominium

Location

1561 Gulf Of Mexico Dr #403
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
2024
Lot
-
Cooling
Central Air
Heating
Central, Electric, Zoned
Parking
Assigned, Basement
Waterfront
Gulf/Ocean
Days on Market
669
Elevator
High Ceilings
Open Floorplan
Solid Surface Counters
Walk-in Closet(s)
Wet Bar
Balcony
Outdoor Grill
Clubhouse
Fitness Center
Gated Community - Guard
Pool
Bar Fridge
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Freezer
Ice Maker
Microwave
Range Hood
Refrigerator
Washer
Flood Zone VE

Annual Tax (2025)

$81,320

Parcel #

ARMAND-403

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

St. Regis Longboat Key

County

Sarasota

MLS Area

34228 - Longboat Key

Lot Size

-

Date
Event
Price
9/7/2026
Price change
Source: Stellar MLS #A4627926
$12,875,000-0.2%
$3,075/sqft
Price change
Source: Stellar MLS #A4627926
$12,900,000-2.6%
$3,081/sqft
11/11/2024
Listed for sale
Source: Stellar MLS #A4627926
$13,250,000
$3,165/sqft
Est. monthly payment$80,362/mo
Principal & interest$67,148
Property taxes$6,777
Insurance$6,438
Down payment20% · $2,575,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $12,875,000
$12.15M – $12.88M
94.4% – 100% of listTops out right at the list price
80% of listList price
57 of the last 112 condo closings in 34228 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 669 after a $375,000 cut.

Sample: 112 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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