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Overview

2 bd2 ba1,516 sqftVilla
TypeVilla
HOA$1,340/mo
Built1971
Lot1,099,453 sqft
Living area1,516 sqft
Price / sqft$389

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

About this home

Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanSolid Surface CountersWalk-in Closet(s)Buyer Approval RequiredClubhouseDeed Restrictions

563 Spanish Dr S is a 1971-built home in Spanish Main Yacht Club Condo, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,516 square feet of living space. Listed at $589,000 (about $389/sqft), 247 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $1,340 monthly.

From the listing

GORGEOUS COMPLETELY REMODELED Villa with Lake Views in Spanish Main Yacht Club!! Welcome to effortless coastal living in this beautifully remodeled 3-bedroom, 2-bath villa located in the highly sought-after Spanish Main Yacht Club. Rarely available, this 1,516 sq ft STANDALONE villa offers a larger footprint than most in the community and includes a true third bedroom with serene LAKE VIEWS. The recent remodel brings a fresh, modern feel, complemented by an open-concept floor plan, elegant tile flooring throughout, and abundant natural light. Enjoy peace of mind with NEW WATER HEATER, a NEWER ROOF (2023)AND NEWER A/C system (March 2024). Spanish Main Yacht Club offers a maintenance-free, pet-friendly community with resort-style amenities, including a large waterfront pool overlooking the marina, a 40-slip deep-water marina with no bridges to Sarasota Bay and the Gulf, and deeded beach access just steps away. Shopping, dining, and the charm of St. Armands Circle are all minutes from your door. While this is an active 55+ community, ownership is open to all ages, with full-time residency beginning at 50. "Florida remains the envy of the country, with many of our markets winning awards for being among the best places to live or retire. Sarasota SRQ Airport's soaring success added 30 flights in 2024 and 2025, significant passenger growth, a new $72M runway and terminal, and ranks No. 1 best resort airport in the country, where passengers can get off a plane and feel like their vacation has begun. It's all about investment. This home in the master-planned community of the Spanish Main Yacht Club could be your destination of choice. Features include a spectacular pool and spa, kayak launch, marina, outdoor grills, and lush tropical landscaping. There is a shell path for walking along to a deeded beach access to enjoy the sand and world-class sunsets. There is also on-site management and maintenance staff making where home and away share the same address. Longboat Key is the only barrier island on the West Coast of Florida to have relocated all overhead utilities underground for improved reliability and aesthetics, and LBK landed on the Forbes Travel Guide's list of Top 12 Destinations for 2025." Furniture Package Available. Schedule your private showing today.

The essentials

Built
1971
Price / sqft
$389
On market
247 days
Annual tax
$7,899
HOA
$1,340/mo
Flood zone
AE
Lot
1,099,453 sqft
Type
Villa

At a glance

Villa
Built 1971
Waterfront
Pond
Community pool
Shared amenity
25.24 acres
Lot size
1,516 sqft
Living area

Payment

Est. monthly payment
$5,365/mo
Down payment (20%)
$117,800
Property taxes
$658/mo
HOA
$1,340/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Villa
Year Built
1971
Lot
1,099,453 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Waterfront
Pond
Days on Market
247
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Walk-in Closet(s)
Buyer Approval Required
Clubhouse
Deed Restrictions
Pool
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
Flood Zone AE
Annual Tax (2024)
$7,899
Parcel #
7916100006

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
Spanish Main Yacht Club Condo
County
Manatee
MLS Area
34228 - Longboat Key
Lot Size
1,099,453 sqft
HOA
$1,340/mo
SMYC Barb or Judy

Price history

Date
Event
Price
8/12/2026
Price change
Source: Stellar MLS #A4682513
$589,000-4.2%
$389/sqft
2/10/2026
Listed for sale
Source: Stellar MLS #A4682513
$615,000
$406/sqft

Neighborhood

563 Spanish Dr S
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $589,000
$580,000 – $589,000
98.3% – 100% of listTops out right at the list price
80% of listList price
41 of the last 81 townhouse or villa closings in Manatee County landed at this number or higher (51%). The median one sat 40 days before it went under contract, and this one is on day 247 after a $26,000 cut.

Sample: 81 closed townhouse or villa sales in Manatee County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,365/mo
Principal & interest$3,072
Property taxes$658
Insurance$295
HOA$1,340
Down payment20% · $117,800
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

$589,000

$389 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,516 sq ft

Time on market

247 days

Year built

1971

Monthly payment

About $5,365/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,899 annual tax bill, insurance, and the $1,340/mo HOA fee.

HOA fee

$1,340/mo

Managed by SMYC Barb or Judy.

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 byLPT REALTY LLCListing agent: Victoria CampbellListing data from Stellar MLS, MLS# A4682513.

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