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$495,000

738 SPANISH DRIVE S UNIT 98, LONGBOAT KEY, FL 34228

3D Tour
Active1 days on market

Beds

2

Baths

2

Sq Ft

1,140 sq ft

Year Built

1968

Lot Size

25.24 acres

Garage

—

About This Property

Discover the best of Longboat Key living in this freestanding, well-maintained 2-bedroom, 1.5-bath freestanding villa in the sought-after Spanish Main Yacht Club. With about 1,200 sq ft of living space plus an enclosed Florida room, this light-filled home features plantation shutters, terrazzo flooring and an updated kitchen with wood cabinetry and granite counters. Outside, enjoy a covered carport, private entrance and a private back yard with added privacy, plus block construction and a tile roof. Spanish Main Yacht Club offers deeded private beach access, a heated community pool, clubhouse, shuffleboard, kayak storage and a 40-slip private marina — just a short stroll from Gulf sunsets and minutes from St. Armand's Circle and Sarasota dining and shopping. Buyer association approval required; leasing permitted with a one-month minimum, up to twice annually. Check out the videos of the home and the community now, then call for a tour!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4708648
StatusActive
Year Built1968
Stories1
Total Rooms5
ConstructionBlock
RoofTile
FoundationSlab
FacesWest
SubdivisionSPANISH MAIN YACHT CLUB CONDO
CountyManatee
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s)
FlooringEngineered Hardwood, Terrazzo
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer
LaundryInside
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorPrivate Entrance
Lot Size25.24 acres (1,099,453 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityYes

Financial Details

List Price$495,000
Annual Taxes$1,820 (2025)
FinancingCash, Conventional
ZoningR3MX
Parcel #7912900003

Directions

From St. Armands Circle, head toward N Boulevard of the Presidents and continue onto John Ringling Pkwy (0.7 mi). Continue onto Gulf of Mexico Dr and follow north for approximately 7.7 miles. Turn right onto Spanish Dr S, then turn right again to stay on Spanish Dr S. Destination (738 Spanish Dr S) will be on the right in about 0.2 mile.

Location

738 SPANISH DRIVE S UNIT 98, LONGBOAT KEY, FL 34228

Listing Information

OfficeAUM FLORIDA REAL ESTATE LLC
ListedOctober 12, 2026

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Home Price

$495,000

20% ($99,000)
6.75%

Loan Term

Principal & Interest$2,568
Property Tax (est.)$454
Insurance (est.)$150
Total Monthly$3,172
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How to Buy This Home

Multiple financing options available for this $495,000 home in LONGBOAT KEY.

🏦

Conventional

$24,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 13, 2026.

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