Longboat Key Real Estate – Beachplace

Discover resort-style living in Longboat Key's Beachplace. Pictured: 1055 Gulf of Mexico Drive, #206.

Set on the cherished south end of Longboat Key, the Beachplace condominium development is a wonderful community with a comfortable resort feel. Encompassing 31 acres and over 1,400 feet of prime Gulf of Mexico frontage, this sought after location enjoys proximity to the world-class shopping and dining of St. Armands Circle and downtown Sarasota. Enveloped by lush tropical landscaping and well-maintained grounds, Beachplace is a beautiful place to call home with a wealth of amenities that include 24-hour security, tennis courts, a Junior Olympic-size pool, a children’s pool, a Jacuzzi, outdoor grills, and a clubhouse with a fitness center and an activity room overlooking the beach.

Beachplace is desirable for year-round residents and investors, as it allows one-month rentals and an opportunity for income potential.

Market Activity – Beachplace

The 11 buildings at Beachplace were built from 1979 to 1981 and contain 336 units. There are 16 condominiums currently available for sale at Beachplace ranging in price from $449,000 for a two-bedroom unit with 1,392 square feet to $1,349,000 for a three-bedroom with 1,819 square feet. In 2011, 17 units sold for prices ranging from $380,000 for a two-bedroom with 1,503 square feet to $690,000 for a three-bedroom with 1,819 square feet. Market values vary based on multiple criteria, including some with views of the beach.

Michael Saunders & Company Agent Activity – Beachplace

Currently, Michael Moulton of Michael Saunders & Company South Longboat Key office has unit #206 at 1055 Gulf of Mexico Drive listed for sale at $1,250,000. There are only 66 three-bedroom units at Beachplace, and #206 is one of only two of them available. This unit is in a highly desirable building with direct beach views from the prime corner location overlooking the Gulf and the community swimming pool. For added protection, the unit has hurricane shutters on all windows.

Klaus Lang, also of Michael Saunders & Company’s South Longboat Key office, loves selling in Beachplace. Two of the most recent buyers that Klaus has worked with bought in Beachplace because they felt it was beautiful, in a great location and well maintained. One of the buyers came from Austria and chose Beachplace so they could enjoy it during their summer holiday and take advantage of the great rental possibilities at other times. They are thrilled with the development and are sending friends over to purchase.

To view the residential opportunities available on Longboat Key, click HERE.

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