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$1,650,000

Beds
2
Baths
2.0
sq ft
1,827

1211 Gulf Of Mexico Dr Unit 408, Longboat Key, FL 34228

1211 Gulf Of Mexico Dr Unit 408

LONGBOAT KEY, FL 34228

  • 115 days on market
    • Price drop $97,000↓
Refined Coastal Elegance with Breathtaking Views Experience effortless luxury in this comfortable residence at the Promenade on Longboat Key, offering panoramic vistas of the Gulf of Mexico, Sarasota Bay, and the city skyline. Thoughtfully designed for both comfort and style, this home is partially furnished, allowing for an easy transition into one of the area’s most coveted beachfront addresses. Beautiful wood flooring set over a cork underlayer provides both warmth and quiet refinement throughout. The completely renovated kitchen features custom wood cabinetry, quartz countertops, high-end appliances, and modern lighting, seamlessly flowing into the open-concept living and dining areas—ideal for today’s contemporary lifestyle. Residents of the Promenade enjoy an unparalleled living experience, complete with on-site management, a full-service concierge available seven days a week, a secure lobby, and under-building parking for both owners and guests. A recent, extensive refurbishment of the lobby, hallways, social rooms, and outdoor decking has further elevated this already distinguished community. With world-class amenities, resort-style services, and a coveted southern exposure, this exceptional home offers an unparalleled coastal retreat.

Details

Property type

Condominium

Est. home value

$1,420,409

Lot size

Unknown

Price per sq ft

$904

Year built

1985

Annual property taxes

$8,359

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #A4631601

Price change
$1,650,000
-5.55%
12/06/2024
StellarMLS

StellarMLS #A4631601

Listed
$1,747,000
-5.57%
05/25/2024
StellarMLS

StellarMLS #A4595620

Removed
$1,850,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Td Bank Na

Loan start date

March 2020

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving), 30 year

Seller

Morton Jay Potoff and Jeanne C Guertin Potoff

Lender

Td Bank Na

Loan start date

November 2019

Original loan amount

$372,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Morton Jay Potoff and Jeanne C Guertinpotoff

Lender

Td Bank Na

Loan start date

November 2019

Original loan amount

$372,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Morton Jay Potoff and Jeanne C Guertin Potoff

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 6:00 PM

Listing updated: 03/27/2025 at 1:11 PM

Listed by: Jonathan Fox, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 951-6660

MLS: StellarMLS #A4631601

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