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$2,400,000

1591 Gulf Of Mexico Drive Longboat Key, FL 34228 Residential - Condominium Active

  • 1591 Gulf Of Mexico Drive, Unit 512, Longboat Key, FL 34228 Main Photo

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Description

Fractional Ownership. Fractional Ownership Opportunity at The St. Regis Longboat Key. Each purchase includes complimentary Resort Membership, valued at $125,000, along with the added benefit of no annual dues (a $14,000 value) and no minimum annual expenditure requirements. The Resort Membership can be enjoyed year-round, providing exceptional value and convenience to owners. For 2025, fee for each 30 day interest is set at $24,785, with an anticipated decrease in 2026. This comprehensive fee covers a wide range of services and expenses, including Condo fees, Property taxes, Utilities, Housekeeping services, Property management, Insurance, Furniture replacement reserve, and Maintenance reserve.This elegant and gracious two-bedroom St. Regis residence is owned by a limited liability company (LLC), offering a distinctive ownership structure where shares are allocated monthly. Prospective buyers have the opportunity to purchase one or more months, specifically from May through October, with each month available at a price of $400,000. This condominium is designed with spacious rooms, expansive glass windows, and soaring ceilings that create an airy and inviting atmosphere. The gourmet kitchen is well-appointed with premium Wolf and Sub-Zero appliances, including a gas cooktop, double ovens, and a side-by-side refrigerator, making it ideal for culinary enthusiasts. The large owner's suite offers a luxurious primary bath featuring double vanities, a deep soaking tub, a frameless walk-in shower, and a private water closet. The residence is being sold fully furnished with pieces from Restoration Hardware. With walls of glass opening to the large wraparound private terrace, owners can host memorable gatherings with stylish furnishings, an outdoor gas grill, and offering stunning views of Sarasota Bayfront. Additional conveniences include a private two-car garage on the first level and easy access to a semi-private elevator that opens directly into the residence. Nestled within the first branded residential community and ultra-luxury five-star resort on the Gulf of Mexico, The Residences at The St. Regis Longboat Key combine legendary service with the tranquil allure of a secluded seaside getaway on Longboat Key, Florida. The community spans over 17 acres and boasts 800 feet of direct beachfront, offering residents an unparalleled lifestyle. Amenities include signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in-residence dining, a private resident-only pool and spa, a Clubhouse, a fitness center, and beachside cabanas. Experience the finest in fractional luxury living at The St. Regis Longboat Key.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 2 car attached
Heating: Electric
Roof Type: Membrane
Stories: 6.0
Taxes: $0
Year Built: 2024

General Information

Bedrooms: 2
Bathrooms: 2 Full 1 Half
Sqft: 2,154
County: Sarasota
Subdivision: ST. REGIS LONGBOAT KEY
Listed By:
Michael Moulton MICHAEL SAUNDERS & COMPANY 941-383-7591

Amenities

Elevator
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Walk-In Closet(s)
Wet Bar
Balcony
Outdoor Grill
Sliding Doors
Storage

Room Information

Great Room: 23x21
Kitchen: 20x11
Dining Room: 21x8
Primary Bedroom: 17x15
Primary Bathroom: 15x14
Bedroom 1: 16x12
Bedroom 2: 16x12

Property Features

Additional Rooms: Great Room, Inside Utility
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage
Body of Water: GULF OF MEXICO
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Restaurant
Days on Site: 138
Directions: Get to Gulf of Mexico Drive on Longboat Key and depending whether heading north or south turn into the St. Regis Resort at 1601 Gulf of Mexico Drive on the Gulf side of the road.
Exterior: Block
Flood Zone Code: VE
Flooring: Tile
Foundation: Other
Frontage Gulf Ocean: 800
Home Warranty Y/N: No
Hot Tub: Yes
Listing Terms: Cash, Conventional
Number of Pets: 2
Ownership: Fractional
Parking: Assigned, Basement
Parking Notes: Assigned, Basement
Pets Allowed: Yes
Pets Size: Extra Large (101+ Lbs.)
Pets Weight (Max): 999
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Gated Community, Key Card Entry, Secured Garage/Parking, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Beach, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean, Fishing Pier
Water View: Bay/Harbor - Partial, Beach
Windows: Storm Window(s)
Zoning: T6
$2,400,000
2beds
2.5baths
2,154sqft
2cars
Active
BEDS2 BATHS2 full 1 partial SQUARE FEET2,154 MLS#A4668544
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONST. REGIS LONGBOAT KEY

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1591 Gulf Of Mexico Drive, Unit 512, Longboat Key, FL 34228.

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Estimated Payment

$ 8,794.80 per month $8,094.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $700.00 Homeowner's Insurance

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About this area

Florida/Longboat Key
Longboat Key

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About Longboat Key

Longboat Key, FL recently was named one of Condé Nast's Top Ten Traveler’s Islands. Longboat Key possesses something uniquely its own. There is a natural beauty and elegance to Longboat Key that entrances visitors and residents, and in many ways it’s the perfect beach getaway. Those that live there have stunning scenery, a luxurious vibe, and easy access to places like Sarasota, Bradenton, and Tampa.


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