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  • $600,300

    4540 Gulf Of Mexico Dr Penthouse 5, Longboat Key, FL 34228

    2beds
    1,312sqft
    Condominium
    Built in 1975
    26.67 Acres Lot
    $600,300 Zestimate®
    $458/sqft
    $4,711 Estimated rent

    Home value

    $600,300

    $528,000 - $690,000

    $4,711/mo

    Zestimate® history
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    What's special

    A Buyer's issue has this gem of a condo back on the market AND the Seller has reduced the price for a quick sale. Don't miss this opportunity to own a piece of paradise. The expansive Sarasota Bay sunrises and Gulf of Mexico sunsets are even better in person and are included free with your purchase. You're going to love this sunny and bright 2 Bedroom/2 Bathroom, Turn-Key Furnished (Furniture and Carpets are less than a year old), Open Concept, PENTHOUSE condo (no one living above!) that is ready for immediate enjoyment or earning much desired rental income. You'll enjoy easterly sunrises, tropical bird life, and shimmering water views through your easterly water/preserve front windows plus gorgeous sunsets from your westerly facing kitchen window. This wonderfully updated home has an open concept floor plan, perfect for good times with family and friends. The kitchen has newer stainless steel appliances including Bosch, Samsung and Frigidaire. The custom maple cabinets have soft close drawers, cutlery trays and corner 'lazy susans'. The kitchen is open to the sunny great room with crown moulding and an 8' window overlooking the bay and mangrove preserve. There is a great flow to this floor plan with direct access to the Florida Room/Lanai with its 22' of floor to ceiling hurricane impact windows with views you have to see to believe. There is also a large walk-in storage closet on the lanai for all your 'toys' or use the lanai and storage to create a home office/2nd lounging space perfect for a work/life balance. The owner's suite with crown moulding is nestled on the far side of the home for ultimate privacy and has direct access to the water view lanai. Imagine awakening to the sight of birds taking flight from their tree top perches and soaring over the Bay waters. The newly remodeled 2021 ensuite owner's bathroom includes a large shower with custom glass enclosure, marble topped vanity, glistening subway tile, custom bead board walls and custom, walk-in California Closet. Your guests will also love their water view room that has direct lanai access, abundant storage in the full wall of custom built-ins, crown moulding and the newly renovated guest hall bath with glistening new tile, decorative mosaic inlay tiles, marble top vanity and custom shower. This condo has been lovingly maintained and has in-unit laundry plus a 2019 HVAC. There is one assigned under-building parking spot with an adjacent storage unit, ample guest parking, and common elevator. Windward Bay is amenities rich with 2 heated pools, 2 saunas, fitness center, locker rooms, clubhouse with catering kitchen, lending library, 2 marinas with slips (30' Max Boat Length) that can be rented for $60/month or $65/month with an owner supplied lift, 2 kayak launches and kayak storage for $80/year, fishing, three beach accesses directly across the street for fun times on the sand and Gulf of Mexico waters, shuffleboard, tennis, pickle ball, community pay-per-load laundry in each mid-rise building, 1/2 mile of walking paths, fruit trees and professional management. This community is pet friendly with 2 large dogs allowed, one up to 75 pounds. Rentals are permitted with a one month minimum rental period, up to two different renters per year.

    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.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fans(s), Master Bedroom Downstairs, Open Floorplan, Stone Counters, Walk-In Closet(s), Solid Wood Cabinets, Thermostat, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
    • Windows: Thermal Windows
    • Has fireplace: No
    • Fireplace features: Other Room, Non Wood Burning
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,312 sqft

    Property

    Parking
    • Total spaces: 1
    Accessibility
    • Accessibility features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen
    Features
    • Levels: One
    • Patio & porch: Porch, Enclosed
    • Exterior features: Stone, Brick
    • Pool features: Child Safety Fence, Gunite, Heated, In Ground, Outside Bath Access, Lighting, Lap Pool
    • On waterfront: Yes
    • Waterfront features: Bay/Harbor
    • Body of water: SARASOTA BAY
    Lot
    • Size: 26.67 Acres
    • Features: In City Limits, Near Public Transit, In County, Level/Flat, Sidewalk, Street Private, Near Golf Course, Street Dead-End, Near Marina
    • Residential vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s), Storage
    • Parcel number: 8007915450
    • Zoning: R4MX

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Completed
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Public, Street Lights, Cable Connected, Fire Hydrant, Water Connected
    Green energy
    • Water conservation: Irrigation-Reclaimed Water

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: WINDWARD BAY AMD
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Clubhouse, Elevators, Fitness Center, Maintenance, Pool, Storage, Fence Restrictions, Dock, Laundry, Tennis Court(s), Shuffleboard Court, Vehicle Restrictions, Recreation Facilities, Marina, Sauna, Boat Slip, Lobby Key Required, Pickleball Court(s)
    • Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Trash, Cable TV, Common Area Taxes, Insurance, Maintenance Exterior, Maintenance Repairs, Pest Control, Pool Maintenance, Sewer, Water, Private Road, Escrow Reserves Fund, Manager
    • HOA fee: $665 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $458/sqft
    • Tax assessed value: $208,250
    • Annual tax amount: $3,310
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/10/2021Sold$525,000+59.1%$400/sqft
    Source: Public Record Report a problem
    6/21/2013Sold$330,000-8.2%$252/sqft
    Source: Public Record Report a problem
    5/2/2013Pending sale$359,500$274/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/22/2013Price change$359,500-1.5%$274/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/1/2012Listed for sale$365,000+128.1%$278/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/10/2007Sold$160,000$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,310 -68.7%$208,250 -68.5%
    2024$10,569 +6.2%$660,660 +10%
    2023$9,954 +15.1%$600,600 +10%
    2022$8,649 +74.2%$546,000 +63.8%
    2021$4,964 +12.2%$333,315 +12.5%
    2020$4,422 +6.8%$296,190 +6.4%
    2019$4,139 $278,429 -2.6%
    2018$4,139 -4.2%$285,988 -6.2%
    2017$4,319 +13.5%$305,045 +12.9%
    2016$3,805 $270,132 +10.3%
    2015$3,805 $244,800 +8%
    2014$3,805 +20.2%$226,696 -0.9%
    2013$3,165 +316391%$228,826 +1.7%
    2012$1 $225,001 -1.3%
    2011$1 $228,001 -2%
    2010-- $232,678 -18%
    2009$4,027 -4.4%$283,754 -0.8%
    2008$4,214 -30.8%$285,992 -23.2%
    2007$6,092 -11.6%$372,215 -5.6%
    2006$6,895 +13.8%$394,350 +18%
    2005$6,057 +12.6%$334,195 +14.9%
    2004$5,379 +7.6%$290,982 +11.4%
    2003$4,998 +17.9%$261,263 +20%
    2002$4,239 +35.3%$217,720 +35.9%
    2001$3,132 +61.3%$160,240 +30.4%
    2000$1,942 $122,876
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore 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
    $600,300
    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
    $600,300