554 Spanish Dr S, Longboat Key, FL, 34228
About This Home
Welcome to Spanish Main Yacht Club waterfront community and your new home! Light and bright, this stand-alone 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 stroll 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Slab
- Roof: Membrane,Tile
- Construction materials: Block,Stucco
Type & Style
- Home type: Condo
- Architectural style: Florida
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Refrigerator
- Laundry features: Inside
Balcony Porch Lanai
- Level: First
- Area: 252
- Dimensions: 28x9
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 120
- Dimensions: 12x10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dinette
- Level: First
- Area: 78
- Dimensions: 13x6
Features
- Living Room/Dining Room Combo,Solid Surface Counters,Walk-In Closet(s)
- Flooring: Carpet,Tile
- Common walls with other units/homes: Corner Unit
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,816
- Total interior livable area: 1,326 sqft
Kitchen
- Level: First
- Area: 63
- Dimensions: 7x9
Living Room
- Level: First
- Area: 221
- Dimensions: 13x17
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 180
- Dimensions: 12x15
Property
Details
- Parcel number: 7915400001
- Zoning: R3MX
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch,Patio,Wrap Around
- Exterior features: Other
- Has view: Yes
- View description: Garden,Park/Greenbelt
- On waterfront: Yes
- Waterfront features: Bay/Harbor Front,Waterfront,Bay/Harbor Access,Beach - Access Deeded,Saltwater Canal Access,Intracoastal Waterway Access,Marina Access,Bridges - No Fixed Bridges,No Wake Zone,Sailboat Water,Seawall
- Residential vegetation: Mature Landscaping
Parking
- Total spaces: 1
- Parking features: Covered,Driveway,Ground Level
- Covered spaces: 1
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Manatee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,123 | $25,476 |
| Home Insurance * | $356 | $4,272 |
| Property Taxes | $493 | $5,916 |
| Electricity | $197 | $2,366 |
| Total | $3,169 | $38,028 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $435,000 |
For Sale by Agent
View on Zillow