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1115 Gulf Of Mexico Dr #401, Longboat Key, FL, 34228

$747/sqft·Beachplace I

2 bd2 ba1,172 sqft2 car garageCondominium
Listed by DEVELOPERS REALTY LBK, INC· Last updated · MLS# A4671664

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Est. monthly payment
$5,652/mo
Down payment (20%)
$175,000
Property taxes
$651/mo
Rate assumed
6.8% · 30 yr
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At a glance

Condo
Built 1979
Waterfront
Beach Front
Private pool
Heated
2 car garage
Private balcony
Outdoor space

About this home

Ceiling Fans(s)Eat-in KitchenBalconyClubhouseDeed RestrictionsFitness CenterGated Community - GuardConvection Oven

1115 Gulf Of Mexico Dr #401 is a 1979-built home in Beachplace I, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,172 square feet of living space. Listed at $875,000 (about $747/sqft), 244 days on market. Flood zone Ae - confirm flood insurance requirements with your lender.

From the listing

The perfect beach getaway or investment property, look no further. With stunning water views from all new windows and doors, beach access, and appealing lease policy, this 1,172 square-foot 2 bedroom, 2 bath residence in Beachplace is ready to enjoy! Watch stunning sunset views from your southwestern facing, L shaped balcony overlooking beautiful well-manicured lawn, pond, and enchanting Gulf of Mexico waters. This views can also be enjoyed while in the master bedroom. The condo residence is a corner unit, located on the 4th floor with ideal proximity to the building elevator and has wood-look tile throughout. Beachplace is perfectly located on the south end of Longboat Key, minutes from St. Armands, downtown Sarasota, SRQ Airport and much, much more. Community offers on-site management, 24-hour security, a Jr. Olympic-sized swimming pool, and newly designed hot tub area. There are lighted tennis courts, a fitness center and gas grills for the community use.

The essentials

Built
1979
Price / sqft
$747
On market
302 days
Annual tax
$7,815
Flood zone
AE
Lot
353,467 sqft
Type
Condominium

Location

1115 Gulf Of Mexico Dr #401
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
1979
Lot
353,467 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Pool
Heated, In Ground
Waterfront
Beach Front
Days on Market
302
Ceiling Fans(s)
Eat-in Kitchen
Balcony
Clubhouse
Deed Restrictions
Fitness Center
Gated Community - Guard
Convection Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
In a CDD (Community Development District)Flood Zone Ae

Annual Tax (2024)

$7,815

Parcel #

0010031112

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

Beachplace I

County

Sarasota

MLS Area

34228 - Longboat Key

Lot Size

353,467 sqft

Date
Event
Price
7/15/2026
Price change
Source: Stellar MLS #A4671664
$875,000-2.7%
$747/sqft
11/13/2025
Listed for sale
Source: Stellar MLS #A4671664
$899,000
$767/sqft
Est. monthly payment$5,652/mo
Principal & interest$4,563
Property taxes$651
Insurance$438
Down payment20% · $175,000
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: $875,000
$825,000 – $875,000
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 302 after a $24,000 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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