Photo of 1591 GULF OF MEXICO DRIVE UNIT 512 in Longboat Key

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1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228

MLS A4668544

$2,400,000

Est. $12,326/mo principal and interest at 6.65% with 20% down

2 bd · 2.5 ba · 2,154 sqft · Condominium

About this home

Fractional Ownership. Fractional Ownership Opportunity at The St. Regis Longboat Key. Each purchase includes complimentary Resort Membership, valued at $125,000, along with the added benefit of no annual dues (a $14,000 value) and no minimum annual expenditure requirements. The Resort Membership can be enjoyed year-round, providing exceptional value and convenience to owners. For 2025, fee for each 30 day interest is set at $24,785, with an anticipated decrease in 2026. This comprehensive fee covers a wide range of services and expenses, including Condo fees, Property taxes, Utilities, Housekeeping services, Property management, Insurance, Furniture replacement reserve, and Maintenance reserve. This elegant and gracious two-bedroom St. Regis residence is owned by a limited liability company (LLC), offering a distinctive ownership structure where shares are allocated in 30 day segments. Prospective buyers have the opportunity to purchase one or more 30 day segments May through October, with each 30 day segment available at a price of $400,000. This condominium is designed with spacious rooms, expansive glass windows, and soaring ceilings that create an airy and inviting atmosphere. The gourmet kitchen is well-appointed with premium Wolf and Sub-Zero appliances, including a gas cooktop, double ovens, and a side-by-side refrigerator, making it ideal for culinary enthusiasts. The large owner's suite offers a luxurious primary bath featuring double vanities, a deep soaking tub, a frameless walk-in shower, and a private water closet. The residence is being sold fully furnished with pieces from Restoration Hardware. With walls of glass opening to the large wraparound private terrace, owners can host memorable gatherings with stylish furnishings, an outdoor gas grill, and offering stunning views of Sarasota Bayfront. Additional conveniences include a private two-car garage on the first level and easy access to a semi-private elevator that opens directly into the residence.

Key facts

Type
Condominium
Size
2,154 sqft
Bedrooms
2
Bathrooms
2.5
Avg. price per sqft
$1,114
County
Sarasota
MLS number
A4668544
Status
Active
Property address
1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228

Where is this home?

Common questions

How much is 1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228 listed for?

1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228 in Longboat Key, FL is listed at $2,400,000 (about $12,326/mo principal and interest at 6.65% with 20% down).

How many bedrooms and bathrooms does 1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228 have?

1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228 has 2 bedrooms, 2.5 bathrooms, and 2,154 square feet.

Who can show 1591 Gulf Of Mexico Dr Unit 512, Longboat Key, FL 34228 in Longboat Key?

Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.

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