Listing Details for MLS #A4668544
1591 Gulf Of Mexico Drive Unit 512, Longboat Key, Fl

Residential Property - Condominium in Longboat Key

Listing Price: $2,400,000 (Mortgage Calculator →)Days on Market: 3

Description of Property

This residence is owned by an LLC where the ownership is by the month. The months of May through October are available for purchase at $400,000 per month. You can purchase one month or more. With purchase comes a complimentary Resort Membership, a $125,000 value, no annual dues a $14,000 value and not minimum annual expenditure, which can be used year round. The monthly fee for each owner in 2025 is $12,391.73 which is expected to decrease in 2026. This is for condo fees, property taxes, utilities, maid service, property management, insurance, furniture replacement reserve and maintenance reserve. Discover an elegant and gracious two-bedroom residence featuring spacious rooms, expansive glass windows, and soaring ceilings that create an airy, inviting atmosphere. The well-appointed gourmet kitchen boasts top-of-the-line Wolf and Sub-Zero appliances, including a gas cooktop, double ovens, and a side-by-side refrigerator, perfect for culinary enthusiasts. Retreat to the large owner's suite, complete with a luxurious primary bath that features double vanities, a deep soaking tub, a frameless walk-in shower, and a private water closet. The residence is being sold furnished from Restoration Hardware. Host unforgettable gatherings on your terrace, equipped with an outdoor gas grill and views of Sarasota Bayfront. Residents will have the ease and convenience of a private 2-car garage on the first level with easy access to your semi-private elevator opening directly into your residence. Nestled within the first branded residential community and ultra-luxe 5-star resort on the Gulf of Mexico, The Residences at The St. Regis Longboat Key blend legendary service with the serene allure of a seaside getaway on the secluded barrier island of Longboat Key, FL. Spanning over 17 acres with 800 feet of direct beachfront, this community offers unparalleled amenities, including the signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in-residence dining, a private resident-only pool and spa, a Clubhouse, a fitness center, and beachside cabanas. Experience luxury living at its finest. Welcome home to The St. Regis Longboat Key.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $1,197,674. This condominium is listed at about 200% of the average asking price. There are 2 2 bedroom/2 bath homes between $2,000,000 and $2,800,000 currently listed for sale in this Zip code. See other listings like this one »