NOT LISTED FOR SALE

1085 Gulf of Mexico Dr Unit 401 Longboat Key, FL 34228

Estimated Value: $833,000 - $910,000

2 Beds
2 Baths
1,172 Sq Ft
$1,091/mo HOA Fee

Last Sold December 28, 2022

Last sale price $1,000,000 $853 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,672/month

6 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Southside Elementary School Rated A
  • Private Beach
  • Heated In Ground Pool

About This Home

As of December 2022

Welcome to Paradise! Whether you are an investor looking for a great opportunity, a snowbird wanting to escape the cold, a second home buyer, or someone interested in a condo to call home. Don’t miss this property! Beachplace has 31 acres on The Gulf of Mexico. The unit has views of Longboat Key Golf Course, Longboat Key Beach, Sarasota Bay, and even the skyline of downtown Sarasota. You can walk along miles of sandy beaches or lounge by the resort style pool while soaking up the Florida sun. The condo has high impact windows and doors, a newer A/C, and completely updated kitchen. Southern exposure provides sunlight into the master bedroom and main living areas. Chairs, lounges, and umbrellas are in place for exclusive use to the residents on the beach. There is also a spa, tennis courts, pickle ball, fitness center, clubhouse, barbeque grills, and a children's pool. Located on Southern part of Longboat Key this exceptional property is minutes to incredible dining, an exclusive championship golf course, famous St. Armands Circle, and all the cultural amenities of Sarasota. This is a 24hr guard-gated community. On-site management insures the community is service oriented and owner friendly.

Last Agent to Sell the Property

Babette Paige

COLDWELL BANKER REALTY License #3239943 Listed on: 11/05/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1981

Lot Details

  • 1,000 Feet of Waterfront
  • Property fronts a private road
  • Private Beach
  • End Unit
  • North Facing Home
  • Irrigation

HOA Fees

  • $1,091 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Beach
  • Ocean To Bay
  • Partial Bay or Harbor
  • Golf Course
  • City
  • Woods

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,172 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Property is near a marina
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Brigette Spence Association, Phone Number (941) 383-4076
  • Beachplace Community
  • Beachplace Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,143

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,091 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1172
  • Lot Size Acres: 7.97
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1312
  • Lot Size Sq Ft: 346992
  • Directions to Property: Gulf of Mexico Dr. to Beachplace. Immediate left, building straight ahead (building 11, 1085 Gulf of Mexico) Fourth floor #401
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551596?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551596?w=Customer
  • Floor Number: 4
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 8007469464
  • Ratio: Close Price\List Price: 1.00503
  • Price per Sq Ft: 853.24
  • Close to Original List Price Ratio: 1.00503
  • Ratio: Current Price\Building Area Total: 762.2
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1085
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: City, Golf Course, Trees/Woods, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Partial, Gulf/Ocean to Bay
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 1000
  • Water Frontage Feet Beach Prvt: 1000
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Brigette Spence
  • Phone: 941-383-4076
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3274
  • Condo Fees Term: Quarterly
  • Association Website: Beachplace Association Gaelen Straughn
  • Association Email: bspence@caseymanagement.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1091
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 13096
  • Total Monthly Fees: 1091.33

Schools

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

Lot Info

  • Zoning: R6MX
  • Parcel Number: 0010033112
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: $150 application fee, Approval though Beachplace required
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Interview

Tax Info

  • Tax Annual Amount: 4143.36
  • Tax Block: 11
  • Tax Book Number: 1423-1209
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Simko Paul
Bought by
Simko Paul and Simko Gwen
Current Estimated Value
$880,037

Purchase Details

Listed on
Nov 5, 2022
Closed on
Dec 28, 2022
Sold by
Richard M Tansey M and Richard Irene M
Bought by
Par Holdings Llc
Seller's Agent
Babette Paige
COLDWELL BANKER REALTY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Tansey John J and Tansey Catherine
Bought by
Richard M & Irene M Tansey Revocable Tru and Tansey Irene M

Purchase Details

Closed on
May 19, 2009
Sold by
Tansey John
Bought by
Tansey John J and Tansey Catherine

Purchase Details

Closed on
May 13, 2009
Sold by
Tansey Richard
Bought by
Tansey John J and Tansey Catherine

Purchase Details

Closed on
May 8, 2009
Sold by
Walsh Patricia
Bought by
Tansey John J and Tansey Catherine

Purchase Details

Closed on
May 4, 2009
Sold by
Keelin Betty
Bought by
Tansey John J and Tansey Catherine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simko Paul $100 None Listed On Document
Simko Paul $100 None Listed On Document
Par Holdings Llc $1,000,000 --
Richard M & Irene M Tansey Revocable Tru $400,000 Attorney
Tansey John J -- Attorney
Tansey John J $125,000 Attorney
Tansey John J $125,000 Attorney
Tansey John J $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tansey Richard M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $1,000,000 +0.5% $853 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $995,000 -- $849 / 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 $9,880 $679,000 -- $679,000
2023 $9,880 $708,100 $0 $708,100
2022 $4,068 $314,459 $0 $0
2021 $4,143 $305,300 $0 $305,300
2020 $4,512 $323,100 $0 $323,100
2019 $5,593 $404,600 $0 $404,600
2018 $5,225 $376,934 $0 $0
2017 $5,125 $369,181 $0 $0
2016 $6,043 $385,200 $0 $385,200
2015 $5,714 $365,900 $0 $365,900
2014 $5,335 $328,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Babette Paige

    Seller's Agent in 2022

    Babette Paige

    COLDWELL BANKER REALTY

    (941) 587-1045

    5 in this area

    95 Total Sales

    Babette Paige
    Section Image
  • Ian Addy, PA

    Buyer's Agent in 2022

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    94 in this area

    118 Total Sales

    Ian Addy, PA
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4551596

Stellar MLS

APN: 0010-03-3112

Florida Sarasota County Longboat Key 34228

1085 Gulf of Mexico Dr Unit 401, Longboat Key, FL

This home is located at 1085 Gulf of Mexico Dr Unit 401, Longboat Key, FL 34228 since 05 November 2022 and is currently estimated at $880,037, approximately $750 per square foot. This property was built in 1981. 1085 Gulf of Mexico Dr Unit 401 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes