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2185 Gulf Of Mexico Drive
Longboat Key, FL 34228
Candy Swick with CANDY SWICK & COMPANY, original listing - (941) 954-9000
$2,750,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
2590 Square Feet
Property Description
One or more photo(s) has been virtually staged. An exquisitely renovated & furnished penthouse with breathtaking beach views! A stunning corner residence offering an unparalleled experience directly along the pristine Gulf of America, with sweeping vistas of sugar sand beaches & shimmering azure waters. Enjoy the exclusive ambiance of a private beach house, surrounded by picturesque island views in every direction on beautiful Longboat Key. This is a coastal retreat like no other! An electric awning on the balcony is truly a remarkable addition. It transforms the space into a special sanctuary. The benefits are numerous: it provides shade on sunny days, adds a brilliant touch, & enhances the overall aesthetic of your outdoor area. This feature makes the penthouse stand out & increases its value. The extended & remodeled open floor plan has 2,600SF, featuring 3 bedrooms & 2 bathrooms. An elevator from Lobby C, which serves just 3 units, takes you directly to your private foyer. Enhanced by rich walnut hardwood floors & soaring 10FT ceilings, creating an ideal setting for gorgeous fixtures & finishes. Highlights include upgraded electric window treatments, crown moldings, custom built-ins, handcrafted 9FT barn-style doors, high-end cabinets, & solid surface countertops. The great room seamlessly blends living & dining, showcasing a cozy gas fireplace & breathtaking 180-degree views of The Gulf. The modern kitchen features expansive views & is designed with white lacquered cabinetry & quartz countertops. It includes 2 breakfast bars, a serving bar, & a center island. Top-of-the-line stainless steel appliances, including Sub Zero & Fisher Paykel brands, complement a gas cooktop. Enter the breathtaking Owners suite, a luxurious haven that transitions into an exquisite built-in closet & a master bath designed for relaxation. This space is pure indulgence with double sinks, elegant marble tiles, & an oversized shower featuring dual spray heads. Expansive glass windows from the washroom, shower, & closet bring in vivid water vistas. Two sliding glass doors lead to a stunning terrace with captivating southwest views of the pool, lush grasslands, and The Gulf beyond. Plus, a charming northeast-facing balcony in the guest wing adds to the allure of this coastal paradise. Both guest bedrooms feature spacious built-in wardrobes & beach views. Expanding the footprint of the service entrance allowed for the addition of a fantastic home office, complete with floor-to-ceiling built-ins & adequate space for a desk. Bonus features include hurricane shutters for all windows & doors, ample parking for extra vehicles or guests, deeded storage, & a one-car garage near the elevator. The garage is pre-wired with its own 40AMP 220-240V EV charging station. Experience unparalleled living at this exceptional Longboat Key residence, part of the exclusive Villa Di Lancia community, featuring only 19 residences across its two distinctive buildings. This remarkable location offers unmatched amenities, including 24-hour security with a manned gatehouse, easy access to both deeded & public beaches, a serene gulf-side swimming pool & spa, a spacious community room with a kitchen, a well-equipped fitness center, & tennis. This gem is ideally situated near world-class golf courses, marinas, & diverse shopping & dining options. Here, you’ll find a lifestyle that clearly stands apart from any other.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Condominium
Year Built
1996
MLS Number
--
Location
Address
2185 GULF OF MEXICO DRIVE
City
LONGBOAT KEY
State
FL
Zip Code
34228
County
SARASOTA (CITY)
Listing
Name
Phone
(941) 376-9000
Office Name
Office Phone
(941) 954-9000
Agent Name
Candy Swick
Agency Phone
(941) 954-9000

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.