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1591 Gulf Of Mexico Drive 512
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PRICED AT ONLY: $2,400,000

Address: 1591 Gulf Of Mexico Drive 512, LONGBOAT KEY, FL 34228

Description

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.

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  • MLS#: A4668544 ( Residential )
  • Street Address: 1591 Gulf Of Mexico Drive 512
  • Viewed: 23
  • Price: $2,400,000
  • Price sqft: $857
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Beach Front,Gulf/Ocean
  • Year Built: 2024
  • Bldg sqft: 2800
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 16
  • Acreage: 17.80 acres

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors, Storage
  • Flooring: Tile
  • Living Area: 2154.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Basement
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Amenities
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage
Finance and Tax Information
  • Home Owners Association Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • Association Name: Alvaro Barrantes
  • Association Phone: 941-233-9046
  • Country: US
  • Furnished: Furnished
  • Interior Features: 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
  • Legal Description: UNIT 512, CONDOMINIUM RESIDENCES AT LONGBOAT KEY
  • Levels: One
  • Area Major: 34228 - Longboat Key
  • Occupant Type: Vacant
  • Parcel Number: 0009044022
  • Unit Number: 512
  • View: Water
  • Views: 23
  • Zoning Code: T6
Nearby Subdivisions
7591beachplaceiii   Aquarius Club   Arbomar   Aria Longboat Key   Bay Harbour Apts   Bayport   Bayport Bch Ten Ph D   Bayport Bch & Ten Ph F   Beach Harbor Club   Beaches Of Longboat Key Ph1   Beachplace Ii   Beachplace Iii   En Provence   Fairway Bay 1   Fairway Bay 2 Ph 1   Fairway Bay 3   Grand Bay 1   Grand Bay 2   Grand Bay 4   Grand Bay 5   Grand Bay 6   Harbor Oaks Ph I Ii   Harbour Links   Harbour Oaks Ph I Ii   Harbour Villa Club At The Bucc   Infinity On Longboat Key   Inn On The Beach   Inn On The Beach Ph I   Inn On The Beach Ph Ii   Inn On The Beach Ph Iii   Islander Club Of Longboat   L Ambiance 1   L Ambiance At Longboat Key Clu   Longbeach   Longboat Arms   Longboat Beach House   Longboat Harbour   Longboat Key Casa Del Mar   Longboat Key Towers   Longboat Key Y T   Longboat Landing   Neptune On Longboat Key   Northgate Of Longboat Key   Pelican Harbour   Pelican Harbour Beach Club   Pelican Harbour & Beach Club   Players Club 3   Players Club Ii   Players Club Iii   Portobello   Privateer North   Privateer South   Promenade   Regent Place Ph 1   Regent Place Ph 2   Sage Lbk   Sanctuary Ii   Sanctuary Iii   Sanctuary Iv   Sand Cay   Sands Point   Sea Gate Club   Sea Pines   Seagrape Inn   Seaplace   Seaplace I   Seaplace Ii   Seaplace Iii   Seaplace V   Seaplace Vi   Seaside Of Longboat   Spanish Main Yacht Club Condo   St. Regis Longboat Key   Sutton Place   Tangerine Bay Club   Tencon Beach   The Castillian   Tiffany Plaza   Tree House   Veinte   Villa Di Lancia Ph 1   Vizcaya At Longboat Key Ph 01   Water Club 01 At Longboat Key   Water Club At Longboat Key   Water Club Iilongboat Key   Westchester Apts   Whitney Beach   Whitney Beach Iii   Windward Bay Amd  
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