1115 Gulf Of Mexico Dr #401, photo 1
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Overview

2 bd2 ba1,172 sqft2 car garageCondominium
TypeCondominium
Condo dues$1,633/mo
Built1979
Lot353,467 sqft
Living area1,172 sqft
Price / sqft$747
Garage2 car

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

About this home

Ceiling Fans(s)Eat-in KitchenBalconyClubhouseDeed RestrictionsFitness CenterGated Community - GuardConvection Oven

1115 Gulf Of Mexico Dr #401 is a 1979-built home in Beachplace I, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,172 square feet of living space. Listed at $875,000 (about $747/sqft), 335 days on market. Flood zone Ae - confirm flood insurance requirements with your lender. Condo dues run $1,633 monthly.

From the listing

The perfect beach getaway or investment property, look no further. With stunning water views from all new windows and doors, beach access, and appealing lease policy, this 1,172 square-foot 2 bedroom, 2 bath residence in Beachplace is ready to enjoy! Watch stunning sunset views from your southwestern facing, L shaped balcony overlooking beautiful well-manicured lawn, pond, and enchanting Gulf of Mexico waters. This views can also be enjoyed while in the master bedroom. The condo residence is a corner unit, located on the 4th floor with ideal proximity to the building elevator and has wood-look tile throughout. Beachplace is perfectly located on the south end of Longboat Key, minutes from St. Armands, downtown Sarasota, SRQ Airport and much, much more. Community offers on-site management, 24-hour security, a Jr. Olympic-sized swimming pool, and newly designed hot tub area. There are lighted tennis courts, a fitness center and gas grills for the community use.

The essentials

Built
1979
Price / sqft
$747
On market
335 days
Annual tax
$7,815
Condo dues
$1,633/mo
Flood zone
AE
Lot
353,467 sqft
Type
Condominium

At a glance

Condo
Built 1979
Waterfront
Beach Front
Private pool
Heated
2 car garage
Private balcony
Outdoor space

Payment

Est. monthly payment
$7,285/mo
Down payment (20%)
$175,000
Property taxes
$651/mo
Condo dues
$1,633/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1979
Lot
353,467 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Pool
Heated, In Ground
Waterfront
Beach Front
Days on Market
335
Ceiling Fans(s)
Eat-in Kitchen
Balcony
Clubhouse
Deed Restrictions
Fitness Center
Gated Community - Guard
Convection Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
In a CDD (Community Development District) Flood Zone Ae
Annual Tax (2024)
$7,815
Parcel #
0010031112

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
Beachplace I
County
Sarasota
MLS Area
34228 - Longboat Key
Lot Size
353,467 sqft
Condo dues
$1,633/mo
Beachplace Association

Price history

Date
Event
Price
7/15/2026
Price change
Source: Stellar MLS #A4671664
$875,000-2.7%
$747/sqft
11/13/2025
Listed for sale
Source: Stellar MLS #A4671664
$899,000
$767/sqft

Neighborhood

1115 Gulf Of Mexico Dr #401
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $875,000
$825,000 – $875,000
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 335 after a $24,000 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
$7,285/mo
Principal & interest$4,563
Property taxes$651
Insurance$438
HOA$1,633
Down payment20% · $175,000
Interest rate6.80%
Loan term

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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

$875,000

$747 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,172 sq ft

Time on market

335 days

Year built

1979

Monthly payment

About $7,285/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,815 annual tax bill, insurance, and $1,633/mo in condo dues.

Condo dues

$1,633/mo

Managed by Beachplace Association.

Flood zone

Zone AE

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 byDEVELOPERS REALTY LBK, INCListing agent: Reid MurphyListing data from Stellar MLS, MLS# A4671664.

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