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Off market
  • $3,182,600

    2525 Gulf Of Mexico Dr Unit Penthouse W, Longboat Key, FL 34228

    3beds
    3,125sqft
    Condo
    Built in 1972
    -- sqft lot
    $3,182,600 Zestimate®
    $1,018/sqft
    $7,377 Estimated rent

    Home value

    $3,182,600

    $2.74M - $3.72M

    $7,377/mo

    Zestimate® history
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    $21,267/mo

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    $21,267/mo

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    What's special

    Longboat Key Beachfront Penthouse with sweeping panoramic views of the Gulf of Mexico at Islands West. Property is being offered turnkey! A true three bedroom, three bathroom, with den featuring two wrap-around balconies with unobstructed views of the Gulf of Mexico, Sarasota Bay, and downtown Sarasota skyline. This magnificent penthouse offers 3,300 total square footage of living space, in unit laundry room and two assigned covered parking closest to the building. The master bathroom has been completely renovated and features a private sauna and custom built walk-in closets. Recent updates include two new air conditioners and updated second bathroom. Community amenities included deeded private beach access, heated pool & spa, club room, fitness center and tennis courts, BBQ picnic area, and controlled building security access with manager on-site. Ideally located in close proximity to St. Armanda, Longboat Key Club, restaurants and shopping, and the Cultural Center of Sarasota.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Kitchen/Family Room Combo, Wet Bar, Built in Features, Sauna
    • Flooring: Tile, Hardwood
    • Windows: Window Treatments, Blinds, Shades
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,125 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    Features
    • Levels: One
    • Patio & porch: Covered, Wrap Around
    • Exterior features: Cement / Concrete
    • Pool features: Heated, In Ground, Gunite, Lighting
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean, Beach - Private
    • Body of water: GULF OF MEXICO
    Lot
    • Dimensions: 320x525
    • Features: Street Private, CoastalConstruction Control Line, Near Golf Course, Near Marina
    Details
    • Parcel number: 0007051088
    • Zoning: RC

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida, Contemporary
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Other
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, Cable Connected, Electricity Connected, Underground Utilities, Sewer Connected

    Community & HOA

    Community
    • Security: Key Card Entry, Fire Sprinkler System
    • Subdivision: ISLANDS WEST
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Security, Spa/Hot Tub, Elevators, Storage, Maintenance, Clubhouse, Pool, Lobby Key Required
    • Services included: Cable TV, Maintenance Grounds, Recreational Facilities, Escrow Reserves Fund, Insurance, Maintenance Exterior, Pest Control, Sewer, Water, Community Pool, Maintenance Repairs, Manager, Pool Maintenance
    • HOA fee: $752 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,018/sqft
    • Tax assessed value: $2,438,800
    • Annual tax amount: $32,431

    Price history

    DateEventPrice
    8/1/2019Sold$2,250,000-6.1%$720/sqft
    Source: Public Record Report a problem
    4/4/2019Listing removed$2,395,000$766/sqft
    Source: PALMERHOUSE PROPERTIES #N6104515 Report a problem
    3/2/2019Listed for sale$2,395,000+43445.5%$766/sqft
    Source: PALMERHOUSE PROPERTIES #N6104515 Report a problem
    11/24/2017Listing removed$3,500$1/sqft
    Source: Wagner Realty #a4189531 Report a problem
    10/8/2017Listed for rent$3,500+40%$1/sqft
    Source: Wagner Realty #a4189531 Report a problem
    4/6/2017Listing removed$2,500$1/sqft
    Source: iseemedia #A4153137 Report a problem
    3/27/2017Listed for rent$2,500$1/sqft
    Source: iseemedia #A4153137 Report a problem
    6/9/2016Listing removed$2,500-43.2%$1/sqft
    Source: Wagner Realty #A3990629 Report a problem
    2/16/2016Listing removed$4,400-26.7%$1/sqft
    Source: Owner Report a problem
    12/30/2015Price change$6,000+140%$2/sqft
    Source: iseemedia #A3990629 Report a problem
    12/29/2015Listed for rent$2,500-44.4%$1/sqft
    Source: iseemedia #A3990629 Report a problem
    5/16/2015Listing removed$5,500$2/sqft
    Source: iseemedia #a4120726 Report a problem
    4/24/2015Listed for sale$5,500-99.7%$2/sqft
    Source: iseemedia #a4120726 Report a problem
    12/11/2013Listing removed$4,495$1/sqft
    Source: iseemedia #A3948796 Report a problem
    11/5/2013Listed for rent$4,495$1/sqft
    Source: iseemedia #A3948796 Report a problem
    11/3/2011Sold$1,850,000-19.4%$592/sqft
    Source: Public Record Report a problem
    10/19/2009Listing removed$2,295,000$734/sqft
    Source: NRT Florida #A3896600 Report a problem
    5/23/2009Price change$2,295,000-4.2%$734/sqft
    Source: NRT Florida #A3896600 Report a problem
    2/28/2009Price change$2,395,000-4%$766/sqft
    Source: NRT Florida #A3896600 Report a problem
    1/23/2009Price change$2,495,000-2.2%$798/sqft
    Source: NRT Florida #A3896600 Report a problem
    10/25/2008Listed for sale$2,550,000+24.4%$816/sqft
    Source: NRT Florida #A3896600 Report a problem
    7/1/2005Sold$2,050,000+109.2%$656/sqft
    Source: Public Record Report a problem
    5/25/2000Sold$980,000$314/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,431 -3.2%$2,438,800 +5.7%
    2024$33,497 +3.2%$2,307,289 +10%
    2023$32,443 +9.1%$2,097,535 +10%
    2022$29,736 +18.1%$1,906,850 +10%
    2021$25,179 -0.3%$1,733,500 +2.3%
    2020$25,249 -28.1%$1,694,100 -29.9%
    2019$35,131 $2,417,900 +4.1%
    2018$35,131 +2.7%$2,323,600 +9.1%
    2017$34,197 +10.8%$2,130,508 -8.3%
    2016$30,864 $2,323,500 +4.3%
    2015$30,864 $2,227,900 +56%
    2014$30,864 +44.1%$1,428,100
    2013$21,423 +2.3%$1,428,100 +0.1%
    2012$20,932 +19.2%$1,426,900 +13.9%
    2011$17,566 -10%$1,252,700 -7.3%
    2010$19,522 -16%$1,351,400 -11.2%
    2009$23,239 $1,522,000 -10.3%
    2008$23,239 -11.9%$1,696,300 -11.3%
    2007$26,386 $1,911,400 -6.6%
    2006-- $2,046,700 +3.7%
    2005-- $1,973,221 +13.5%
    2004$28,195 +6.4%$1,738,600 +12.2%
    2003$26,509 +7.1%$1,549,682 +13%
    2002$24,742 +58.9%$1,371,400 +52%
    2001$15,575 +0.7%$902,269 +3%
    2000$15,466 $875,989
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,182,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,182,600