$435,000

554 Spanish Drive

Longboat Key, FL 34228

Active
2
Beds
2
Baths
1,326
Sq Ft
0
Acres
1971
Built
Water access55+ community$328/sqft
🏠Condominium

Property type

🏗️1971

Year built

📊$328

Price / sq ft

🏘️No HOA

HOA dues

📅26

Days on market

🌊AE

Flood zone

About this home

Welcome to Spanish Main Yacht Club waterfront community and your new home! Light and bright, this stand-alone villa is all new and beautifully updated in 2026. White marble-like large porcelain tile floors that span the entire living area, providing a continuous flow throughout the villa. The new kitchen boasts stainless steel appliances, white quartz countertops, new cabinetry, lighting and more. Attractive updates in the primary en suite bedroom and guest bath as well. A nice added feature is the spacious interior laundry room. Beautiful, lush backyard view with privacy and an extra brick paver side yard and outdoor space. A short stroll to the privately deeded beach entrance to gorgeous Gulf beaches. Two minutes to have your toes in the soft, pearly sand. This is a boater’s paradise with slips available for an extremely inexpensive lease and direct access to Sarasota Bay, the Intracoastal waterway and azure waters of the Gulf. Only a short drive to the fantastic shops, restaurants and cultural events Sarasota and St. Armands Circle have to offer. This is a great investment opportunity and chance to enjoy Longboat Key living. The community is in the build-back stage due to damage from hurricanes in 2024 and is almost complete. All 212 units in Spanish Main are under FEMA requirements, guidelines, and stringent adherence to rebuild specifications and inspections from Town of Longboat Key. This is an opportunity to continue to make this villa your custom home.

Estimated monthly payment

Principal & interest$2,200
Property taxes$182
Home insurance (est.)$199

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 history26 days on market

  1. Status: Active
    Apr 2, 2026
  2. Listed$435,000
    Apr 2, 2026
  3. Price increased$435,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
26
Subdivision
Spanish Main Yacht Club Condo
County
Manatee
Year built
1971
Living area
1,326 sq ft
Price/sq ft
$328
Building area
1,816 sq ft (Public Records)
Lot size
0 sq ft
Flood zone
AE (12081C0291F)
Annual taxes
$2,179 (2025)
Parcel #
7915400001
Zoning
R3MX
MLS #
A4688632

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Carpet, Tile
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Interior features
Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s)
Laundry
Inside
Stories / Levels
One
Direction faces
North

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Parking features
Covered, Driveway, Ground Level
Carport
Yes

HOA & Financial

Total monthly fees
$1,340/mo
Total annual fees
$16,080
HOA name
Shawn Raniere
CDD
No
Homestead exemption
Yes
Min lease term
1 Month
Listing terms
Cash
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Condo Docs
Approval process
See Condo Docs

Exterior & Construction

Exterior features
Other
Construction materials
Block, Stucco
Roof
Membrane, Tile
Foundation
Slab
Water access
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Number Limit, Size Limit, Yes
Senior community
Yes

Schools

ElementaryAnna Maria ElementaryGreatSchools ↗
MiddleMartha B. King MiddleGreatSchools ↗
High SchoolBayshore HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst12x15
Bedroom 2First12x10
KitchenFirst7x9
Living RoomFirst13x17
Balcony/Porch/LanaiFirst28x9
DinetteFirst13x6

Listing Details

Listing date
2026-04-01
On market date
2026-04-02
Original list price
$435,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-04-02
Tax legal description
UNIT 121 SPANISH MAIN YACHT CLUB CONDOMINIUM PI#79154.0000/1

Flood risk

High riskFEMA Zone AEPanel 12081C0291F

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

From south Longboat Key, go north on Gulf of Mexico Dr. to the 5700 block. Turn into Spanish Main Yacht Club, take immediate right, follow to Villa on the right.

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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 April 28, 2026 at 12:20 PM 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