1055 GULF OF MEXICO DRIVE #504

Property Details

Description

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.

Facts & Costs

Property type

Condominium

Year built

1981

Lot size

7.98 acres

Stories

6

Price per sq ft

$798

Days on market

387

Private pool

No

Waterfront

Yes

Community

Beachplace

Subdivision

BEACHPLACE III

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$14,051 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air

Flooring

Tile

Roof

Concrete

Construction

Concrete

Parking

Deeded, Guest

View

Water, Beach, Gulf/Ocean - Full

Payment Estimate

$7,234 / month

Principal & interest

$6,063

Property taxes

$1,171

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Washer
• Eat-in Kitchen
• Living Room/Dining Room Combo
• Open Floorplan
• Solid Surface Counters
• Solid Wood Cabinets
• Split Bedroom
• Stone Counters
• Window Treatments
• Balcony
• Lighting
• Sidewalk
• Tennis Court(s)
• Deck
• Gunite
• Heated
• In Ground
• Outside Bath Access
• Beach Front
• Gulf/Ocean