1085 Gulf Of Mexico Drive

1085 Gulf Of Mexico Drive is a condo located in Longboat Key, Longboat Key. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 7 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 167 days and tend to sell below the original asking price of $681,950 by 6.55%. Meaning, listings tend to sell at a median of $538 price per square foot. The transaction that took the longest to complete was unit 203, listed on May 06, 2020 for $489,000. This particular unit ultimately sold 223 days later for $457,900. The most recent transaction was for unit 501, which was first advertised on Jul 01, 2021, sold for $885,000 on Oct 19, 2021. Fun fact, the oldest transaction we have on record took place on May 31, 1994. See the full transaction history for 1085 Gulf Of Mexico Drive below.

Longboat Key, where 1085 Gulf Of Mexico Drive is located, has a median asking price of $1,092,500 for condo buildings. Meanwhile, the building itself has a median asking price of $681,950. For interested buyers, that means the building's median asking price is around 0.38% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $975,000. It is a 1,392 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $729,000. It is a 1,172 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $852,000. Collectively, the median square footage of these active units for sale is 1,282 sqft. Active units for sale at 1085 Gulf Of Mexico Drive are mostly 2-bedroom apartments Active units for sale at 1085 Gulf Of Mexico Drive have a median count of 2 bedrooms and have a median count of 2 bathrooms.