5635 Gulf Of Mexico DRIVE, #105, Longboat Key, FL, 34228 | $1,200,000

$100K PRICE REDUCTION DIRECT GULF VIEW – STUNNING – Sandpiper is situated along the unspoiled coastline of the gleaming Gulf of Mexico. This spacious 1786 sq. ft. 2 BR/2 BA corner residence closest to the beach features a floor plan that exudes an open-concept design while creating charming nook areas for personalized spaces. As you enter, you'll be greeted by beautiful engineered hardwood floors throughout the residence that seamlessly guide you through the kitchen-living/dining area to the terrace. The kitchen boasts stainless steel appliances, granite countertops, a Wolf cooktop, wine fridges, breakfast bar seating, and ample storage. Adjacent to the kitchen is the laundry and a versatile space with floor-to-ceiling glass that can be utilized in various ways, welcoming abundant natural light. The spacious dining area flows into the bright and open living space with a fireplace and floor-to-ceiling walls of glass showcasing the crystal blue waters of the Gulf of Mexico. The generous master bedroom features floor-to-ceiling glass windows overlooking the tropical surroundings, allowing you to drift off to sleep to the soothing sound of the waves. The master bathroom includes dual sinks, a walk-in closet, and a large glass shower. The guest bedroom is roomy, with a cozy office area and a sizable walk-in storage closet. The terrace, overlooking the beach, is equipped with motorized hurricane shutters that protect the entire space. Step onto the terrace to access the sugar sand beach, pool, and BBQ area. The boutique St Armands Circle is a short drive away, offering shopping and dining options. Explore the cultural attractions of downtown Sarasota with its opera, theater, dining/drinks, and shopping delights.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Pool
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside, Laundry Closet
  • Complex: LONGBOAT SANDPIPERS CONDO
  • Year Built: 1980
  • Approx Sq. Feet: 1,786
  • Est. Taxes: $12,567
  • Condo Fee: $1,800 Monthly
  • Lot Desc: CoastalConstruction Control Line, FloodZone
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: No
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • MLS#: A4601403
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /raveis/A4601403/5635gulfofmexicodrive_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 5/14/2024 12:08:23 AM)

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NMLS Mortgage Loan Originator ID 16953

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5635 Gulf Of Mexico DRIVE, #105, Longboat Key, FL, 34228

$1,200,000

Brandon Surline

Sales Associate

William Raveis Real Estate

Phone: 941.404.9334

Brandon.Surline@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 $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 6.977% 7.041%
Monthly Tax Payment $1,047 $1,047 $1,047
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,549 $6,307 $8,562
Total Monthly Payment $7,721 $7,479 $9,734

* 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.