Calling All Remodelers, Investors & Visionaries! Outstanding Value and a unique opportunity to reimagine a stunning coastal residence exactly as you envision it. Opportunity awaits in this Windward Bay 2-bedroom, 2-bath residence offering 1,325 square feet in one of Longboat Key's most desirable coastal communities. The kitchen and bathrooms are preserved in their original 1975 condition, an exciting opportunity to transform a time capsule into a showplace. Properties offering this level of renovation potential on Longboat Key are increasingly difficult to find. Roll up your sleeves and reap the rewards. A rare chance to create a completely personalized island retreat, a true blank canvas for a buyer with imagination and ambition. The floor plan offers excellent potential for a stunning modern transformation. With strong bones, generous living spaces, and an exceptional island location, this property is ready for its next chapter. For buyers who see potential where others see projects, this is your chance to renovate, redesign, and customize every finish to your exact vision. Located in pet-friendly Windward Bay, where two pets are welcome, this community offers the best of Longboat Key Coastal Dream Living. Community Highlights: Enjoy three beach access points (including one private), 26 acres of lush tropical surroundings including ½ mile of nature trails, two heated pools for year-round enjoyment, fitness center and sauna, clubhouse for social gatherings, tennis and pickleball courts, boat docks (waitlist) and kayak launches for water enthusiasts, covered parking and storage. With convenient access to Downtown Sarasota, St. Armands Circle, championship golf courses, renowned restaurants, shopping destinations, and vibrant cultural attractions, you'll never have a shortage of entertainment options. Whether you're an investor seeking your next renovation project or a buyer eager to create a dream island getaway from the ground up, this condominium offers exceptional value, unlimited design potential, and the chance to secure a coveted Longboat Key lifestyle at an attractive price point, exceptional value and long-term upside. Bring your imagination and discover what this hidden gem can become.
Sold for $400,000
$400,000
4500 GULF OF MEXICO DRIVE #203, LONGBOAT KEY, FL 34228
2beds
1,325sqft
Condominium
Built in 1975
-- sqft lot
$400,100 Zestimate®
$302/sqft
$6,475 Estimated rent
Home value
$400,100
$376,000 - $424,000
$6,475/mo
Zestimate® history
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List your homeWhat's special
Covered parking and storageStrong bonesTennis and pickleball courtsGenerous living spaces
Zillow last checked:
Listing updated:
Listed by:
Debby McCaig 941-544-1713,
COLDWELL BANKER REALTY 941-366-8070
Bought with:
Debby McCaig, 3489980
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4701849
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Florida Room, Storage Rooms
Primary bedroom
- Features: Single Vanity, Walk-In Closet(s)
- Level: First
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Florida room
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 176 Square Feet
- Dimensions: 22x8
Great room
- Level: First
- Area: 322 Square Feet
- Dimensions: 23x14
Kitchen
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Linoleum
- Doors: Outdoor Grill, Outdoor Shower
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,325
- Total interior livable area: 1,325 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Ground Level, Guest
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sprinkler Metered, Storage, Tennis Court(s)
- Pool features: Child Safety Fence, Heated, In Ground, Outside Bath Access
- Has view: Yes
- View description: Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor, Intracoastal Waterway, Marina, Bay/Harbor Access, Beach Access, Beach - Access Deeded, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Marina Access, Fishing Pier, Seawall
- Body of water: SARASOTA BAY, ICW
Lot
- Size: 26.67 Acres
- Features: Near Golf Course, Near Marina, Near Public Transit
- Residential vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Storage
- Parcel number: 8007915658
- Zoning: R4MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Metal Frame, Stucco
- Foundation: Slab, Raised
- Roof: Built-Up,Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Green energy
- Water conservation: Drip Irrigation, Irrigation-Reclaimed Water, Fl. Friendly/Native Landscape
Community & HOA
Community
- Features: Buyer Approval Required, Deed Restrictions, Pool, Wheelchair Access
- Security: Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: WINDWARD BAY AMD
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Storage, Tennis Court(s), Trail(s)
- Services included: Cable TV, Common Area Taxes, Reserve Fund, Insurance, Internet, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $1,305 monthly
- HOA name: Meryem Billaouadil
- HOA phone: 941-383-3571
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $497,250
- Annual tax amount: $7,518
- Date on market: 8/2/2026
- Listing terms: Cash
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $420,000+5%$317/sqft |
Source:  Stellar MLS #A4701849 Report a problem | ||
| 8/2/2026 | Sold | $400,000$302/sqft |
Source: Stellar MLS #A4701849 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,518 -5.1% | $483,153 +10% |
| 2024 | $7,926 +5.6% | $439,230 +10% |
| 2023 | $7,505 +15.9% | $399,300 +10% |
| 2022 | $6,476 +15.9% | $363,000 +10% |
| 2021 | $5,586 -0.9% | $330,000 |
| 2020 | $5,634 +10.7% | $330,000 +11.9% |
| 2019 | $5,092 | $295,000 -6.3% |
| 2018 | $5,092 -5.7% | $315,000 -6.3% |
| 2017 | $5,400 +51.3% | $336,100 +22% |
| 2016 | $3,569 | $275,500 +20% |
| 2015 | $3,569 | $229,600 +8% |
| 2014 | $3,569 +5.6% | $212,626 +5% |
| 2013 | $3,380 +337897% | $202,558 +2% |
| 2012 | $1 | $198,586 -10% |
| 2011 | $1 | $220,651 -2% |
| 2010 | -- | $225,161 -18% |
| 2009 | $4,519 +1.1% | $274,587 -0.8% |
| 2008 | $4,469 -24.2% | $276,753 -23.2% |
| 2007 | $5,895 -11.7% | $360,191 -5.6% |
| 2006 | $6,673 +13.8% | $381,638 +18% |
| 2005 | $5,862 +12.6% | $323,422 +14.8% |
| 2004 | $5,206 +7.6% | $281,608 +11.4% |
| 2003 | $4,837 +17.9% | $252,860 +20% |
| 2002 | $4,102 +35.3% | $210,717 +35.9% |
| 2001 | $3,032 +12.7% | $155,100 +15% |
| 2000 | $2,689 | $134,862 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 8 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.5 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Anna Maria Elementary
- Middle: Martha B. King Middle
- High: Bayshore High
Source: Stellar 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
$400,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$400,100
- Florida
- Manatee County
- Longboat Key
- 34228
- 4500 GULF OF MEXICO DRIVE Unit 203
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