Listing Details for MLS #A4481414
1511 Gulf Of Mexico Drive # 202, Longboat Key Fl 34228, Longboat Key, Fl

Residential Property - Condominium in Longboat Key

SOLD for $2,900,000 on June 18, 2021

Listing Price: $3,075,000Sold Price: $2,900,000Sold Price/List Price: 94%
Sold Price/Original List Price: 90.63%Days on Market: 213

Description of Property

Positioned on the “sunset” side of the building, overlooking the Gulf of Mexico azure horizon, this beachfront treasure located in “Tencon” on Longboat Key rarely comes on the market, making this a special opportunity to be one of only 10 owners along with UNIQUE access to the soon-to-be-built St Regis Resort where the unit owners at Tencon will have access to use the luxury amenities of the St Regis Resort once complete! This 3 bedroom 3 ½ bath residence with almost 3000 +/- sq ft presents itself with a relaxed tasteful coastal style, the perfect beach front residence to relax, unwind and live well. With only 2 units per floor each floorplan flows from front to back with a unique indoor-outdoor lifestyle that offers multiple lanais off each room. From the elevator, enter the home to a bright living room that shares the stage with the open kitchen and dining area with a wall of windows and sliders that open up to magical beach and gulf front views while stepping out onto a large gulf front lanai and stunning 180 degree views up and down the beach and coastline. Prepare meals with ease, equipped with granite surfaces, a breakfast bar and white cabinetry as guests mingle out onto the lanai to appreciate the salty tropical breeze. Two nicely sized gracious guest bedrooms with water views from your lanai are privately situated away from the owners master bedroom granting a tranquil retreat with a stunning resort-level en-suite bath, including a walk-in shower, separate soaking tub and dual vanities. The large bonus room/den is easily transformed into whatever your needs require – whether it be an office, meditation room, or additional suite. More than $1.5M+ in luxury upgrades to update the whole complex starting in 2018 thru 2020 which includes a magnificent new resort style pool, spa, gazebo, BBQ and dual firepit area; new tennis court; private front entry gate; new glass railings on the lanais; hurricane shutters; new pavers in entrance and parking area; new gas generator; new elevator cab and components; new fire alarm system; new sprinkler heads inside, whole exterior of the building painted in 2019 and much more. Located on 3.4 prime acres on the south end of Longboat Key right next door to the soon to be built St Regis Resort and Residences on the Gulf of Mexico. This 3 bedroom residence lives and feels more like a house on the beach then a condo and truly is a one-of-a-kind opportunity to live in a very private, magical beachfront location on Longboat Key. Price also includes all furnishings which makes for a very easy move.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $2,637,411. This condominium is listed at about 117% of the average asking price. There are 2 3 bedroom/3 bath homes between $2,600,000 and $3,400,000 currently listed for sale in this Zip code. See other listings like this one »