7125 Gulf Of Mexico DRIVE, #22, Longboat Key, FL, 34228 | $1,199,000

Under contract-accepting backup offers. Introducing a luxurious and meticulously FULLY-REMODELED 2-bedroom, 2-bathroom condo nestled along the pristine shores of the Gulf of Mexico on the North End of Longboat Key! This stunning residence boasts a contemporary open floor plan, seamlessly blending sophistication with comfort. Step inside to discover updated and high-end finishes throughout, featuring porcelain plank white washed flooring that exudes modern elegance, custom cabinets with under cabinet lighting and large pantry with an abundant amount of storage. ! The entire space has been thoughtfully remodeled from floor to ceiling, ensuring a seamless and stylish aesthetic. The heart of this condo lies in its gourmet kitchen, adorned with Cambria quartz countertops that not only showcase exquisite craftsmanship but also provide a durable and beautiful surface for culinary endeavors. The kitchen opens up to a spacious living area, perfect for entertaining guests or simply enjoying the breathtaking views of the Gulf. The condo's plantation shutters add a touch of classic elegance while allowing you to control the natural light that fills the space. Relish in the coastal charm as you step onto the large lanai, offering a private outdoor retreat where you can unwind while overlooking the azure waters. The Lanai has custom cabinets to ensure all your beach chairs and toys are stored away!
Beyond its aesthetic appeal, this residence is equipped with modern conveniences, including a floored attic that houses the A/C unit and tankless water heater. Practicality meets luxury in every corner, ensuring a comfortable and efficient living experience. Don't miss the opportunity to call this Gulf-front condo your home, where refined finishes and coastal living seamlessly converge. Walk to Restaurants and stroll on the beach daily with this hidden gem. Experience the pinnacle of modern beachside living in this exquisite haven.

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen
  • Complex: LONGBEACH
  • Year Built: 1974
  • Approx Sq. Feet: 1,196
  • Acreage: 2.97
  • Est. Taxes: $6,052
  • Condo Fee: $1,602 Monthly
  • View: Water
  • Pet Policy: Breed Restrictions
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4596935
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/A4596935/7125gulfofmexicodrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/18/2024 11:45:22 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7125 Gulf Of Mexico DRIVE, #22, Longboat Key, FL, 34228

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $504 $504 $504
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,462 $6,301 $8,488
Total Monthly Payment $7,091 $6,930 $9,117

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.