tomo logo

$610,000

Beds
2
Baths
2.0
sq ft
933

2089 Gulf Of Mexico Dr Unit G1-205, Longboat Key, FL 34228

2089 Gulf Of Mexico Dr Unit G1-205

LONGBOAT KEY, FL 34228

  • 16 days on market
A tranquil coastal retreat located in one of Longboat Key's most desirable communities: SEAPLACE. A 2 bedroom, 2 bath, 2nd floor condo uniquely positioned in the highly sought-after Gulf-front G1 building. It is beautifully turnkey furnished in seaside hues with Crate and Barrel furniture and original art work so you can move right in and start enjoying the laid-back island lifestyle that Longboat Key is known for. A nicely renovated kitchen features granite counter tops and backsplash, Kraft Maid Custom cabinets, and a breakfast bar looking out to the dining and living area with a peaceful tropical garden view beyond. Beautiful wide plank bamboo flooring flows seamlessly between spaces. High impact windows and sliders, fresh paint and smooth ceilings with crown molding complete the look. The primary bedroom is light and bright with 2 closets, a large double window and a freshly remodeled en-suite bath. The updated second bathroom and second bedroom offer your guests a restful retreat after a sun filled day at the beach. Seaplace offers resort style living with fabulous amenities that include 2 large pools and hot tubs; a kiddie pool; 3 har-tru tennis courts; a recently renovated Gulf-front clubhouse; a fitness center; library; gas grills; a one-mile paved walking path surrounding the lush 42-acre property, and a gatehouse with 24-hour security. Located near the newly opened St.Regis Resort, St.Armands Circle and the cultural epicenter of downtown Sarasota, you’ll be close to world-class restaurants, hotels, entertainment, arts, culture, and shopping. Come see this island paradise soon!

Details

Property type

Condominium

Est. home value

$650,824

Lot size

9.26 acres

Price per sq ft

$654

Year built

1974

Annual property taxes

$5,822

HOA

Yes

Price History

02/06/2025
StellarMLS

StellarMLS #A4639215

Listed
$610,000
+76.81%
06/08/2015
StellarMLS

StellarMLS #A4108699

Sold
$345,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, 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

$370,974
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$190,226
Cash to seller
$370,974

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

Seller’s Loan History

Lender

Phh Home Loans Llc

Loan start date

June 2015

Original loan amount

$241,500

Est. remaining balance

$190,226

Interest rate

3.67%

Loan type

New Conventional, 30 year

Seller

Ronald L Gemma and Mary J Gemma

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?

Similar Homes Nearby

Price drop
StellarMLS
$625,000
2 bd
|
2 ba
|
1,076 sq ft
|
Condo

2045 Gulf Of Mexico Dr Unit M1-303, Longboat Key, FL 34228

StellarMLS
$595,000
2 bd
|
2 ba
|
933 sq ft
|
Condo

1975 Gulf Of Mexico Dr Unit 306, Longboat Key, FL 34228

Price drop
StellarMLS
$675,000
2 bd
|
2 ba
|
1,192 sq ft
|
Condo

1932 Harbourside Dr Unit 234, Longboat Key, FL 34228

Status: Active

Tomo last checked: 02/23/2025 at 8:05 AM

Listing updated: 02/13/2025 at 7:39 PM

Listed by: JoDene Moneuse, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4639215

StellarMLS logo