Unmatched views await you with this beautifully updated waterfront condo on the 5th floor of The Longboat Key Beachcomber. Listen to the waves crash on the white sand beach of Longboat Key. This building is unique in many ways, mainly due to the short term rental ability. Unit 504 consistently brings in around $60,000 in rental income per year and is managed by an onsite management team. Major renovations of this property have been completed and the owner has paid all of the assessments in full. Another huge benefit of this location is that it is across the street from the Publix shopping plaza which is very convenient. Minutes to St. Armands, Anna Maria, and downtown Sarasota. This property will make a great investment or seasonal retreat.
Sold for $1,100,000
$1,100,000
2721 GULF OF MEXICO DRIVE #504, LONGBOAT KEY, FL 34228
2beds
884sqft
Hotel/Motel, Condominium
Built in 1970
-- sqft lot
$1,102,700 Zestimate®
$1,244/sqft
$6,307 Estimated rent
Home value
$1,102,700
$981,000 - $1.25M
$6,307/mo
Zestimate® history
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$6,307/mo
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$6,307/mo
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$8,266/mo
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Shopping plazaUnmatched views
Zillow last checked:
Listing updated:
Listed by:
Cody Craig 941-497-6060,
EXIT KING REALTY 941-497-6060
Bought with:
Cody Craig, 3062133
EXIT KING REALTY
Source: Stellar MLS,MLS#: A4592299
Originating MLS: Venice
Originating MLS: Venice
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Common Area
Features
- Living Room/Dining Room Combo, Solid Surface Counters
- Flooring: Ceramic Tile
- Windows: Storm Window(s)
- Has fireplace: No
Interior area
- Total structure area: 884
- Total interior livable area: 884 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Has view: Yes
- View description: Water, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Full
- Waterfront features: Beach, Gulf/Ocean, Beach Access
Details
- Parcel number: 0007041028
- Zoning: R3MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Hotel/Motel, Condominium
Materials
- Block
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Pool
- Security: Key Card Entry
- Pet fee: $0 monthly
- Subdivision: LONGBOAT BEACHCOMBER
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Cable TV, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash
- HOA fee: $1,133 monthly
- HOA name: Cindy/ Longboat Beachcomber
- HOA phone: 941-383-1083
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,244/sqft
- Tax assessed value: $969,400
- Annual tax amount: $8,867
- Date on market: 12/12/2023
- Cumulative days on market: 48 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/29/2024 | Sold | $1,100,000-8.3%$1,244/sqft |
Source:  Stellar MLS #A4592299 Report a problem | ||
| 1/29/2024 | Pending sale | $1,200,000$1,357/sqft |
Source: Stellar MLS #A4592299 Report a problem | ||
| 12/12/2023 | Listed for sale | $1,200,000+566.7%$1,357/sqft |
Source: Stellar MLS #A4592299 Report a problem | ||
| 5/9/1996 | Sold | $180,000$204/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,292 +26.8% | $969,400 +56.2% |
| 2024 | $10,483 +18.2% | $620,778 +10% |
| 2023 | $8,867 +11.4% | $564,344 +10% |
| 2022 | $7,962 +11% | $513,040 +10% |
| 2021 | $7,175 +3.2% | $466,400 +6.1% |
| 2020 | $6,951 -6.5% | $439,500 -9.2% |
| 2019 | $7,434 | $484,100 +4.2% |
| 2018 | $7,434 +3.3% | $464,800 +6.3% |
| 2017 | $7,199 +8.1% | $437,300 |
| 2016 | $6,661 | $437,300 +2.5% |
| 2015 | $6,661 +6.6% | $426,600 +12.3% |
| 2014 | $6,251 +9.7% | $379,900 |
| 2013 | $5,699 +0.4% | $379,900 -1.9% |
| 2012 | $5,678 -3.2% | $387,100 -4.7% |
| 2011 | $5,865 -6.2% | $406,000 -3.6% |
| 2010 | $6,252 -20.8% | $421,000 -12.4% |
| 2009 | $7,889 | $480,400 -14.7% |
| 2008 | $7,889 -14.6% | $563,100 -14.7% |
| 2007 | $9,236 | $660,300 -2.2% |
| 2006 | -- | $675,000 +70.4% |
| 2005 | -- | $396,155 +23.9% |
| 2004 | $5,186 -2.4% | $319,800 +3% |
| 2003 | $5,312 +10% | $310,532 +16% |
| 2002 | $4,830 +48.4% | $267,700 +42% |
| 2001 | $3,254 +17.3% | $188,518 +20% |
| 2000 | $2,774 | $157,098 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 7 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 6.2 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 5.4 mi
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Estimated market value
$1,102,700
Get a cash offer in 3 minutes
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Estimated market value
$1,102,700
- Florida
- Sarasota County
- Longboat Key
- 34228
- 2721 GULF OF MEXICO DRIVE Unit 504
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