703 SPANISH DRIVE S, Longboat Key, FL, 34228 | $435,000

Go through this beautiful villa and experience all the details that have gone into the total remodel of this home, completed in 2026. The open kitchen with solid 42-inchwood cabinets, classic quartz countertops, all new stainless appliances, new lighting and an oversized island with plenty of sitting room, which leads you into the dining/living space. This design lends itself to cooking and conversation; great for entertaining! The elegant primary en suite, redesigned for total privacy, has a large study, flex room and is ideal for the days you need to work, read or have a workout area. The primary bath is enhanced with a large shower and beautiful tile work. Another closet that houses the in-unit laundry was created for ease and convenience not to mention an additional walk-in closet for additional storage. Porcelain tile flows throughout the villa. The guest bath and bedroom are separate from the primary master en-suite allowing for privacy and a sense of your space. An all-glass lanai leads onto the brick paver patio. The sliding door with motorized blinds allows plenty of light to come in but privacy when needed. A new PVC gate protects the common space shared by the adjoining villa. This area allows for private grilling and direct access into a storage room. Hurricane windows and doors complete this amazing villa! This home is attached to its sister villa 711 Spanish Dr South also for sale. Equally as beautiful. If purchased together, new owners could have two homes available for friends and family gatherings, with multigenerational potential. Imagine two full fabulous kitchens, four bedrooms, four baths and lots more space for sleeping. Many opportunities with this rare find. This vibrant 55-plus boating community of Spanish Main Yacht Club neighborhood is full of wonderful neighbors, heated swimming pool with fabulous water views, private deeded beach access to the gorgeous Longboat Key beaches and the warm Gulf waters. The desired deepwater marina that has holds up to 40-foot vessels with 40 slips available for lease also has electric and water for convenience. Slips available! Fishing, boating, kayaking, paddleboarding and more. Bonus of being a pet-friendly community. Close to St Armands Circle and downtown Sarasota makes this location ideal for shopping, dining, theater, botanical gardens, airport and more. All 212 units in the Spanish Main Yacht Club are under FEMA regulations, guidelines and stringent adherence to rebuild specifications. Call for details. All FEMA regulations completed, including inspections. Ready to enjoy your paradise. You can be under 55 to purchase.

Features

  • Amenities: Clubhouse, Maintenance, Pool, Shuffleboard Court
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Style: Florida
  • Year Built: 1971
  • Garage: Guest, On Street
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,322
  • Est. Taxes: $2,539
  • Condo Fee: $1,340 Monthly
  • Lot Desc: Flood Insurance Required, FloodZone, Landscaped, Near Marina, Street Dead-End
  • View: Garden
  • Adult Communities: Yes
  • Elem. School: Anna Maria Elementary
  • Middle School: W.D. Sugg Middle
  • High School: Bayshore High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4693381
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4693381/703spanishdrives_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 5/16/2026 10:35:02 PM)
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

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703 SPANISH DRIVE S, Longboat Key, FL, 34228

$435,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $348,000 $348,000 $348,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $212 $212 $212
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,003 $2,228 $2,890
Total Monthly Payment $2,290 $2,515 $3,177

* 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.