NOT LISTED FOR SALE

Beachplace 1055 Gulf of Mexico Dr Unit 603 Longboat Key, FL 34228

Estimated Value: $1,439,000 - $1,663,000

2 Beds
2 Baths
1,392 Sq Ft
$1,577/mo HOA Fee

Last Sold May 07, 2024

Last sale price $1,650,000 $1,185 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,073/month

4 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of May 2024

Elegance meets comfort in this rarely available Gulf-front contemporary penthouse in Beachplace on Longboat Key. From the moment you step inside, you'll be captivated by the stunning and unparalleled views of the Gulf of Mexico from most rooms as well as not just one but two balconies. Situated on Longboat Key's coveted southern end, Beachplace offers one of the closest buildings to the water, providing an idyllic waterfront lifestyle. This meticulously renovated unit boasts the largest balcony for a 2BR in the community, perfect for entertaining and soaking in the breathtaking sunset views. The layout is thoughtfully designed for both comfort and style, with raised ceilings throughout enhancing the sense of spaciousness. Every detail has been carefully considered, from the impact windows and sliders to the gourmet chef's kitchen equipped with top-of-the-line Thermador appliances, custom Euro Tec high-gloss cabinetry, quartz countertops and glass tile backsplash. The large primary suite offers a peaceful retreat with sliders leading to the balcony, while the luxurious primary bath features dual sinks, floating cabinetry with floor lighting, a custom floating ceiling with mood lighting and heated towel bars for a spa-like experience. Custom built-in closets ensure ample storage space, while remote-controlled Hunter Douglas window treatments add a touch of elegance. Additional features include a separate laundry/utility room with a full-size LG washer & dryer, and tankless water heater. Savor the convenience of an enviable premier parking space right in front of the lobby door plus resort style amenities, including a heated Jr. Olympic pool with daily water aerobics, spa, canopied baby pool, clubhouse with weekly yoga classes, 2 workout rooms, steam rooms, library, multiple grilling areas, EV charging station, 2 pickleball courts, 2 tennis courts and an extensive social calendar. Rental terms of 30 days minimum, 12 times a year are allowed.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0342109 Listed on: 03/22/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Jim Weingart

COLDWELL BANKER REALTY License #3417795

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,772

Year Built

  • Built in 1981

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,577 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Custom Home
  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities
  • Mid-Rise Condominium
  • Beachplace Condos
  • Beachplace Community
  • Beachplace Iii Subdivision
  • 6-Story Property

Recreation

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,772

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,577 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1392
  • Lot Size Acres: 7.98
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1592
  • Lot Size Sq Ft: 347578
  • Directions to Property: From south Longboat Key, head north on Gulf of Mexico Drive, left into Beachplace. Through gate, left to Building 8 located at the very end of drive - building is on right facing beach.
  • Status: Sold
  • Co List Office Phone: 941-383-6411
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1185.34
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1055
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 129.32
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet Gulf Ocean: 200

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Gated Community - Guard, Pool, Tennis Courts
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: BEACHPLACE
  • Building Name Number: BEACHPLACE 3
  • Condo Fees: 4730
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1577

Fee Information

  • Total Annual Fees: 18920.00
  • Total Monthly Fees: 1576.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: R6MX
  • Parcel Number: 0010033033
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 32291

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo docs - please confirm with Beachplace Association.

Tax Info

  • Tax Annual Amount: 9772.11
  • Tax Book Number: 1423-1209
  • Tax Lot: 603

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: $150 application fee. See condo docs - please confirm with Beachplace Association.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 30, 2024
Sold by
Seidl Jean-Marie and Jean-Marie Seidl Trust
Bought by
Goshen Properties Trust and Zibari
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Jim Weingart
COLDWELL BANKER REALTY
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Views
18
Current Estimated Value
$1,554,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,932
Avg. Annual Appreciation
-4.33%
Original Mortgage
$1,320,000
Outstanding Balance
$1,305,858
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$264,303

Purchase Details

Closed on
Jun 8, 2016
Sold by
Beachplace Association In C
Bought by
Keelin Betty and Keelin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.66%

Purchase Details

Closed on
Apr 28, 2016
Sold by
Reardon John J and Reardon Elizabeth A
Bought by
Seidl Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.66%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goshen Properties Trust $1,650,000 None Listed On Document
Keelin Betty $5,000 --
Seidl Jean Marie $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goshen Properties Trust $1,320,000
Previous Owner Seidl Jeanmarie $500,000
Previous Owner Keelin Betty --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $1,650,000 -2.9% $1,185 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,699,000 -- $1,221 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,772 $760,944 -- --
2023 $9,772 $738,781 $0 $0
2022 $9,617 $717,263 $0 $0
2021 $9,824 $696,372 $0 $0
2020 $9,932 $686,757 $0 $0
2019 $9,468 $671,317 $0 $0
2018 $9,350 $658,800 $0 $658,800
2017 $9,569 $667,700 $0 $667,700
2016 $10,364 $669,700 $0 $669,700
2015 $9,925 $635,600 $0 $635,600
2014 $9,270 $571,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4603336

Stellar MLS

APN: 0010-03-3033