Active
$2,400,000
Est. $16,817/mo

1591 Gulf Of Mexico Dr #512, Longboat Key, FL, 34228

$1,114/sqft·St. Regis Longboat Key

2 bd3 ba2,154 sqft2 car garageCondominium
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4668544

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Est. monthly payment
$16,817/mo
Down payment (20%)
$480,000
Property taxes
$0/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Condo
6 stories · 2024
Waterfront
Beach Front
Community pool
Fitness center too
2 car garage
Assigned
Private balcony
Outdoor space

About this home

ElevatorHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersWalk-in Closet(s)

1591 Gulf Of Mexico Dr #512 is a 2024-built home in St. Regis Longboat Key, Longboat Key. Inside you'll find 2 bedrooms, 3 bathrooms, and 2,154 square feet of living space. Listed at $2,400,000 (about $1,114/sqft), 328 days on market. Flood zone VE - confirm flood insurance requirements with your lender.

From the listing

Fractional Ownership. Fractional Ownership Opportunity at The St. Regis Longboat Key. Each purchase includes complimentary Resort Membership, valued at $125,000, along with the added benefit of no annual dues (a $14,000 value) and no minimum annual expenditure requirements. The Resort Membership can be enjoyed year-round, providing exceptional value and convenience to owners. For 2026, fee for each 30 day interset is $19,992. This comprehensive fee covers a wide range of services and expenses, including Condo fees, Property taxes, Utilities, Housekeeping services, Property management, Insurance, Furniture replacement reserve, and Maintenance reserve. This elegant and gracious two-bedroom St. Regis residence is owned by a limited liability company (LLC), offering a distinctive ownership structure where shares are allocated in 30 day segments. Prospective buyers have the opportunity to purchase one or more 30 day segments May through October, with each 30 day segment available at a price of $400,000. This condominium is designed with spacious rooms, expansive glass windows, and soaring ceilings that create an airy and inviting atmosphere. The gourmet kitchen is well-appointed with premium Wolf and Sub-Zero appliances, including a gas cooktop, double ovens, and a side-by-side refrigerator, making it ideal for culinary enthusiasts. The large owner's suite offers a luxurious primary bath featuring double vanities, a deep soaking tub, a frameless walk-in shower, and a private water closet. The residence is being sold fully furnished with pieces from Restoration Hardware. With walls of glass opening to the large wraparound private terrace, owners can host memorable gatherings with stylish furnishings, an outdoor gas grill, and offering stunning views of Sarasota Bayfront. Additional conveniences include a private two-car garage on the first level and easy access to a semi-private elevator that opens directly into the residence. Nestled within the first branded residential community and ultra-luxury five-star resort on the Gulf of Mexico, The Residences at The St. Regis Longboat Key combine legendary service with the tranquil allure of a secluded seaside getaway on Longboat Key, Florida. The community spans over 17 acres and boasts 800 feet of direct beachfront, offering residents an unparalleled lifestyle. Amenities include signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in-residence dining, a private resident-only pool and spa, a Clubhouse, a fitness center, and beachside cabanas. Experience the finest in fractional luxury living at The St. Regis Longboat Key.

The essentials

Built
2024
Price / sqft
$1,114
On market
331 days
Annual tax
$0
Flood zone
VE
Type
Condominium

Location

1591 Gulf Of Mexico Dr #512
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
2024
Lot
-
Cooling
Central Air
Heating
Electric
Parking
Assigned, Basement
Waterfront
Beach Front, Gulf/Ocean
Days on Market
331
Elevator
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Walk-in Closet(s)
Wet Bar
Balcony
Outdoor Grill
Storage
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Deed Restrictions
Fitness Center
Gated Community - No Guard
Pool
Restaurant
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Ice Maker
Microwave
Range Hood
Refrigerator
Washer
Flood Zone VE

Annual Tax (2024)

$0

Parcel #

0009044022

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
10/15/2025
Listed for sale
Source: Stellar MLS #A4668544
$2,400,000
$1,114/sqft
Est. monthly payment$16,817/mo
Principal & interest$12,517
Property taxes$3,100
Insurance$1,200
Down payment20% · $480,000
Interest rate6.80%
Loan term

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Property taxes estimated at 1.55% of price a year. 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: $2,400,000
$2.26M – $2.40M
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 331.

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

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