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$2,395,000

Beds
2
Baths
2.0
sq ft
1,602

775 Longboat Club Rd Unit 604, Longboat Key, FL 34228

775 Longboat Club Rd Unit 604

LONGBOAT KEY, FL 34228

  • 3 days on market
This sixth floor 2 bedroom condo with southern exposure has been completely renovated in 2023 including new walls, all new plumbing and electrical components plus new hurricane proof windows. The use of designer finishes and numerous upgrades gives this condo a warm, bright feel. The spectacular panoramic views of the Longboat Key Club Golf Course to Sarasota Bay water and city of Sarasota plus the beach and azure waters of the Gulf of Mexico are enjoyed from this southern corner condo and the expansive wrap around balcony. Special new features in the kitchen include a Subzero wine refrigerator, cafe appliance, Wolfe range and dishwasher drawers. There is a comfortable bar for dining in the kitchen and designer lighting. The laundry room has stackable washer and dryer. The exotic lighting enhancements throughout the condo are artistic and functional. The condo has been designer furnished and is both dramatic and comfortable and the condo is being sold furnished. Living gulf side at The Beaches gives you amenities that include heated pool, jacuzzi, fitness center, social room, catering kitchen, garage parking plus guest parking. There are 2 tennis courts plus the beach area has lounge chairs and umbrellas. There is the added convenience of concierge services. The Beaches is located behind the gates of the Longboat Key Club and is located near The Longboat Key Club and its many amenities for members that includes golf, tennis, pickleball restaurants and guest services. St. Armands Circle and Sarasota are minutes away.

Details

Property type

Condominium

Est. home value

$1,318,745

Lot size

5.55 acres

Price per sq ft

$1,496

Year built

1984

Annual property taxes

$16,060.08

HOA

Yes

Price History

02/19/2025
StellarMLS

StellarMLS #A4640917

Listed
$2,395,000
-4.01%
06/26/2024
StellarMLS

StellarMLS #A4604999

Removed
$2,495,000
03/28/2024
StellarMLS

StellarMLS #A4604999

Listed
$2,495,000
+98.8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center

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

$1,460,914
Asking price
$2,395,000
Closing costs (~8% of asking)
-$191,600
Est. remaining loan balance
-$742,486
Cash to seller
$1,460,914

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

December 2023

Original loan amount

$750,000

Est. remaining balance

$742,486

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Judd T Powell and Laura Powell

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: 02/23/2025 at 1:45 AM

Listing updated: 02/20/2025 at 6:51 AM

Listed by: Reid Murphy, DEVELOPERS REALTY LBK, INC Phone #: (941) 799-9096

MLS: StellarMLS #A4640917

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