1561 Gulf Of Mexico Dr #403, photo 1
Active
1 / 71

Overview

3 bd4 ba4,187 sqft2 car garageCondominium
TypeCondominium
Condo dues$6,205/mo
Built2024
Living area4,187 sqft
Price / sqft$3,051
Garage2 car

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

ElevatorHigh CeilingsOpen FloorplanSolid Surface CountersWalk-in Closet(s)Wet BarBalconyOutdoor Grill

1561 Gulf Of Mexico Dr #403 is a 2024-built home in St. Regis Longboat Key, Longboat Key. Inside you'll find 3 bedrooms, 4 bathrooms, and 4,187 square feet of living space. Listed at $12,775,000 (about $3,051/sqft), 699 days on market. Flood zone VE - confirm flood insurance requirements with your lender. Condo dues run $6,205 monthly.

From the listing

Experience unparalleled luxury with breathtaking views of the Gulf of Mexico in the Armand Building. This exceptional residence features an open-concept floorplan designed for entertaining, complete with floor-to-ceiling glass doors that lead to an expansive terrace outfitted with a built-in gas grill, perfect for seamless indoor-outdoor living. Ideal for multi-generational gatherings, the clubroom serves as a fantastic bonus space, featuring a wet bar equipped with an ice maker, bar sink, and wine fridge. The gourmet kitchen is a chef’s dream, showcasing top-of-the-line Wolf and Sub-Zero appliances, including a 6-burner gas cooktop, double ovens, and an integrated cabinet front side-by-side refrigerator/freezer. A semi-private elevator with keyless entry transports you directly from your private two-car garage to your residence. The owner’s suite offers a spacious walk-in closet, a luxurious soaking tub, a frameless walk-in shower, and dual vanities with separate water closets. Designed with technology-ready infrastructure, this home allows for easy customization of your automation preferences. Located within the first branded residential community and ultra-luxe 5-star resort hotel on the Gulf, The Residences at The St. Regis Longboat Key blend legendary service with the allure of a serene seaside retreat. Spanning over 17 acres with 800 feet of direct beachfront, residents can indulge in unparalleled amenities, including signature St. Regis Butler and Concierge services, a world-renowned spa, in-residence dining, a resident-only pool and spa, a private clubhouse, a fitness center, and beachside cabanas. Discover a life of luxury and leisure at The Residences at The St. Regis Longboat Key—where every day feels like a getaway. The owner will consider a lease purchase with acceptable terms on this residence.

The essentials

Built
2024
Price / sqft
$3,051
On market
699 days
Annual tax
$81,320
Condo dues
$6,205/mo
Flood zone
VE
Type
Condominium

At a glance

Condo
6 stories · 2024
Waterfront
Gulf/Ocean
Community pool
Fitness center too
2 car garage
Assigned
Private balcony
Outdoor space

Payment

Est. monthly payment
$85,996/mo
Down payment (20%)
$2,555,000
Property taxes
$6,777/mo
Condo dues
$6,205/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2024
Lot
-
Cooling
Central Air
Heating
Central, Electric, Zoned
Parking
Assigned, Basement
Waterfront
Gulf/Ocean
Days on Market
699
Elevator
High Ceilings
Open Floorplan
Solid Surface Counters
Walk-in Closet(s)
Wet Bar
Balcony
Outdoor Grill
Clubhouse
Fitness Center
Gated Community - Guard
Pool
Bar Fridge
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Freezer
Ice Maker
Microwave
Range Hood
Refrigerator
Washer
Flood Zone VE
Annual Tax (2025)
$81,320
Parcel #
ARMAND-403

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
St. Regis Longboat Key
County
Sarasota
MLS Area
34228 - Longboat Key
Lot Size
-
Condo dues
$6,205/mo
Alvaro Barrantes

Price history

Date
Event
Price
10/5/2026
Price change
Source: Stellar MLS #A4627926
$12,775,000-0.2%
$3,051/sqft
-
Price change
Source: Stellar MLS #A4627926
$12,800,000-3.4%
$3,057/sqft
11/11/2024
Listed for sale
Source: Stellar MLS #A4627926
$13,250,000
$3,165/sqft

Neighborhood

1561 Gulf Of Mexico Dr #403
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $12,775,000
$12.05M – $12.78M
94.3% – 100% of listTops out right at the list price
80% of listList price
69 of the last 136 condo closings in 34228 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 699 after a $475,000 cut.

Sample: 136 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$85,996/mo
Principal & interest$66,627
Property taxes$6,777
Insurance$6,388
HOA$6,205
Down payment20% · $2,555,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$12,775,000

$3,051 per sq ft

Beds and baths

3 beds, 4 baths

Size

4,187 sq ft

Time on market

699 days

Year built

2024

Monthly payment

About $85,996/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $81,320 annual tax bill, insurance, and $6,205/mo in condo dues.

Condo dues

$6,205/mo

Managed by Alvaro Barrantes.

Flood zone

Zone VE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Michael MoultonListing data from Stellar MLS, MLS# A4627926.

Keep exploring Florida

Pick up where you left off, or see what else is out there.