738 SPANISH DRIVE S UNIT 98, LONGBOAT KEY, FL, 34228
Active13 days on marketListed Oct 12, 2026MLS #A4708648
About this home
738 SPANISH DRIVE S UNIT 98
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!
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
1,140
Sqft
25.24 ac
Lot size
1968
Year built
One
Levels
$434
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,929 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,929/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−19.2%
$/sqft vs SPANISH MAIN YACHT CLUB CONDO
$434 vs $379
Days on market
13 vs 107 typical
Where $434/sqft sits among the 13 homes for sale in SPANISH MAIN YACHT CLUB CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Longboat Key
Get to know Longboat Key. See the full Longboat Key guide →
LONGBOAT KEY 34228 — neighborhood snapshot
Population
7,512
Median age
71.5
Median income
$143,365
Median home value
$959,200
Avg household
1.8
Households w/ children
51%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Longboat Key market
$820K → $948K
Longboat Key median sold, yr/yr
93.1%
Sale-to-list ratio (12 mo)
1 of 13
SPANISH MAIN YACHT CLUB CONDO have cut their price
Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 16% below the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →
Paper trail
This home's history
Reality check
What actually sold near 738 SPANISH DRIVE S UNIT 98
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$300,000
669 SPANISH DRIVE N UNIT 21 · same community
2 bd · 2 ba · 1,087 sqft · $276/sqft · 271 DOM
Sold · Jun ’26$430,000
703 SPANISH DRIVE S · same community
2 bd · 2 ba · 1,322 sqft · $325/sqft · 5 DOM
Sold · Apr ’26$385,000
812 SPANISH DRIVE S UNIT 89 · same community
2 bd · 2 ba · 1,327 sqft · $290/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 738 SPANISH DRIVE S UNIT 98 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 738 SPANISH DRIVE S UNIT 98 — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
738 SPANISH DRIVE S UNIT 98 FAQs
What would the monthly payment be for 738 SPANISH DRIVE S UNIT 98?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $3,929/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 738 SPANISH DRIVE S UNIT 98?+
The most recent tax bill on record (2025) was $1,820. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 738 SPANISH DRIVE S UNIT 98?+
The listing reports pets: Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Longboat Key?+
At $495,000, this home is listed about 44% below the Longboat Key median of $877,500. The market section on this page shows how the area is trending.
Which schools are assigned to 738 SPANISH DRIVE S UNIT 98?+
Booker High School (high), Booker Middle School (middle), Southside Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of AUM FLORIDA REAL ESTATE LLC · Geoff Scalera. MLS #A4708648.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Longboat Key homes, in your inbox
Like 738 SPANISH DRIVE S UNIT 98 but not quite? A daily digest of every new listing in Longboat Key — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Donna to ping you on any price or status change →