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Active - Condominium for sale

554 SPANISH DRIVE S, Longboat Key, FL

2 bds|2 bth|1,326 sqft

Facts & features

Condominium Property type
39 days on Beycome
1971 Year built
$321 Price/Sqft.

Why you’ll love it

Virtually Staged. Welcome to Spanish Main Yacht Club waterfront community and your new home! Light and bright, this standalone villa is all new and beautifully updated in 2026. White marble-like large porcelain tile floors that span the entire living area, providing a continuous flow throughout the villa. The new kitchen boasts stainless steel appliances, white quartz countertops, new cabinetry, lighting and more. Attractive updates in the primary en-suite bedroom and guest bath as well. A nice added feature is the spacious interior laundry room. Beautiful, lush backyard view with privacy and an extra brick paver side yard and outdoor space. A short distance to the privately deeded beach entrance to gorgeous Gulf beaches. Two minutes to have your toes in the soft, pearly sand. This is a boater’s paradise with slips available for an extremely inexpensive lease and direct access to Sarasota Bay, the Intracoastal waterway and azure waters of the Gulf. Only a short drive to the fantastic shops, restaurants and cultural events Sarasota and St. Armands Circle have to offer. This is a great investment opportunity and chance to enjoy Longboat Key living. The community is in the build-back stage due to damage from hurricanes in 2024 and is almost complete. All 212 units in Spanish Main are under FEMA requirements, guidelines, and stringent adherence to rebuild specifications and inspections from Town of Longboat Key. This is an opportunity to continue to make this villa your custom home.

Translating description...

Listings courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY as distributed by MLS GRID.

Listed by: Kimberly Freiwald • kimfreiwald@gmail.com • PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-listed by: Sherrall Van Leeuwen • PREMIER SOTHEBY'S INTERNATIONAL REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4708871 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$275,000$575,000
1%20%
0%90%
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Estimated monthly payment

$2,331/mo

  • Mortgage$2,149
  • Property tax$182
  • HOA fee
  • Homeowners insurance
Due at closing$337,875
Down payment held in escrow$85,000
Closing costs$6,375
beycome credit Est.$8,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Spanish Main Yacht Club Condo

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$425,000 Listed price

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