1055 Gulf Of Mexico Drive, FL

$1,299,000

1055 Gulf Of Mexico Drive

Longboat Key, FL 34228

Active
2
Beds
2
Baths
1,503
Sq Ft
7.98
Acres
1981
Built
WaterfrontWater access7.98 acres$864/sqft
🏠Condominium

Property type

🏗️1981

Year built

📐347,578 sqft

Lot size

📊$864

Price / sq ft

🏘️No HOA

HOA dues

📅262

Days on market

🌊AE

Flood zone

About this home

This direct Gulf-front residence at Beachplace offers an extraordinary opportunity to enjoy the very best of Longboat Key’s beachfront lifestyle. Perfectly positioned to capture unobstructed views of the Gulf of Mexico, this furnished two-bedroom home combines a serene coastal retreat with strong rental potential—producing an average of $70,000 annually in gross rentals. Whether you envision it as your move-in-ready getaway, a property to personalize, or an income-producing property, the possibilities here are unmatched. From the moment you step inside, natural light fills the open floor plan. The welcoming foyer flows into a spacious living and dining area, framed by newer impact-rated walls of glass that extend to the private terrace. This expansive beachfront balcony is a highlight of the home, offering front-row seats to breathtaking sunsets, the sound of gentle waves, and refreshing Gulf breezes. The split-bedroom layout is designed for comfort and privacy. The primary suite enjoys direct terrace access, a large closet, and an en-suite bath with dual vanities. The guest bedroom is equally inviting and privately situated, ideal for hosting family or visitors. Additional features include tile flooring throughout, a well-appointed granite kitchen, and deeded parking—adding everyday ease for seasonal or year-round living. Life at Beachplace feels like a private resort. This sought-after community offers residents 24-hour staffed security, on-site management, a clubhouse perfect for a lively escape, along with Har-Tru tennis courts, a modern fitness center, and heated swimming pool with spa. Pristine beachfront access and lushly landscaped grounds create the ultimate Florida lifestyle. Located on the southern end of Longboat Key, Beachplace provides unmatched convenience. You’re just minutes from the Longboat Key Club’s golf and tennis facilities, the boutique shops and dining of St. Armands Circle, and the vibrant cultural venues of downtown Sarasota—including theaters, galleries, and waterfront parks. From beachside relaxation to world-class dining and entertainment, everything that defines Sarasota living is within easy reach.

Estimated monthly payment

Principal & interest$6,568
Property taxes$1,171
Home insurance (est.)$595

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history262 days on market

  1. Status: Active
    Sep 9, 2025
  2. Listed$1,299,000
    Sep 9, 2025
  3. Price increased$1,299,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
262
Subdivision
Beachplace Iii
County
Sarasota
Year built
1981
Living area
1,503 sq ft
Price/sq ft
$864
Building area
1,603 sq ft (Public Records)
Lot size
347,578 sq ft
Flood zone
AE (12115C0126G)
Annual taxes
$14,051 (2024)
Parcel #
0010033028
Zoning
R6MX
MLS #
A4663883

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
Laundry
Electric Dryer Hookup, Inside, Laundry Closet
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Deeded, Guest

HOA & Financial

Total monthly fees
$1,600/mo
Total annual fees
$19,200
HOA name
Gina Chevannes, MBA, LCAM
CDD
No
Min lease term
1 Month
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
SEE DOCUMENTS
Approval process
SEE DOCUMENTS

Exterior & Construction

Exterior features
Balcony, Lighting, Sidewalk, Sliding Doors, Tennis Court(s)
Construction materials
Concrete
Roof
Concrete
Foundation
Pillar/Post/Pier
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Community

Pets allowed
No

Room Details

RoomLevelDimensions
KitchenFirst9x16
Dining RoomFirst15x10
Living RoomFirst15x20
Balcony/Porch/LanaiFirst15x7
Primary BedroomFirst15x15
Primary BathroomFirst
Bedroom 2First13x12
Bathroom 2First

Listing Details

Listing date
2025-09-02
On market date
2025-09-09
Original list price
$1,299,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2025-09-09
Tax legal description
UNIT 504 BLDG 8 BEACHPLACE 3

Flood risk

High riskFEMA Zone AEPanel 12115C0126G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Gulf of Mexico Dr to 1100 block. Community on Gulf (west) side. Through guard gate

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 29, 2026 at 11:59 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA