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$725,000

Beds
2
Baths
2.0
sq ft
1,068

1935 Gulf Of Mexico Dr Unit 402, Longboat Key, FL 34228

1935 Gulf Of Mexico Dr Unit 402

LONGBOAT KEY, FL 34228

  • <1 day on market
This exceptional two-bedroom, two-bathroom penthouse, is the only residence in Seaplace with no shared walls, offering unparalleled privacy and tranquility. Fully remodeled in 2019, the home features a designer kitchen with quartz countertops, custom cabinetry, and premium appliances, seamlessly complemented by elegant soft grey laminate hardwood flooring throughout. A spacious lanai spans the length of the residence, filling the interior with natural light and picturesque garden views. Significant recent upgrades include a new A/C system (2020) with added UV filtration (2024), hurricane-rated sliding doors in the primary suite and living room (2025), and a water heater (2020), all with transferable warranties. Additional highlights include floor-to-ceiling remote controlled blinds, an in-unit full-size washer and dryer, and a reserved parking space. Seaplace offers a wealth of resort-style amenities, including two swimming pools, two hot tubs, a kiddie pool, Har-Tru tennis courts, a fitness center, a newly renovated clubhouse, beachfront grilling areas, and private beach access. The 24-hour guard-gated community ensures both security and exclusivity. Ideally situated just minutes from St. Armands Circle, this prime location provides convenient access to world-class dining, luxury shopping, and Sarasota’s renowned cultural attractions. Whether you're seeking a full-time coastal residence, a seasonal getaway, or a high-demand investment opportunity, this penthouse represents the finest in Longboat Key living. Schedule your private showing today!

Details

Property type

Condominium

Est. home value

$733,111

Lot size

7.03 acres

Price per sq ft

$679

Year built

1979

Annual property taxes

$5,098

Monthly HOA fee

$1,364.33

Price History

03/21/2025
StellarMLS

StellarMLS #A4645667

Listed
$725,000
+101.39%
06/28/2019
StellarMLS

StellarMLS #A4424748

Sold
$360,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$418,744
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$248,256
Cash to seller
$418,744

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vast Bank Na

Loan start date

November 2021

Original loan amount

$268,000

Est. remaining balance

$248,256

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Bryan Earle Goodwin and Christine Mary Goodwin

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?

Status: Active

Tomo last checked: 03/22/2025 at 8:05 AM

Listing updated: 03/22/2025 at 6:59 AM

Listed by: Rita Pogany, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4645667

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