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Off market
  • $733,400

    4725 Gulf Of Mexico Dr #117, Longboat Key, FL 34228

    2beds
    1,032sqft
    Condominium
    Built in 1974
    -- sqft lot
    $733,400 Zestimate®
    $711/sqft
    $5,275 Estimated rent

    Home value

    $733,400

    $638,000 - $836,000

    $5,275/mo

    Zestimate® history
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    $5,898/mo

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    $5,898/mo

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    What's special

    Paradise found! Breathtaking views are yours from this rarely available direct gulf front first floor unit at Sand Cay, one of the most popular vacation resorts on Longboat Key offering owners unrestricted access while taking advantage of the short term 3 day minimum rental policy. In fact for just the first six months of 2019, this particular unit has garnered in excess of $41,000 in rental income! And unlike other rental properties on the island which charge between 20 & 25% rental commission, Sand Cay, which has an on site rental office, charges only 15-18% commission, increasing the owners bottom line. Sand Cay went through a resort wide refurbishment in 2008 and this unit was tastefully upgraded in 2013 and is being sold turnkey furnished. Sand Cay offers 340' of beautiful gulf frontage, heated pool, tennis, basketball, shuffleboard and beach side bbq area. This particular home offers mesmerizing water and sunset views not only from its paver brick patio but also from the living room and family room, making this unit one of the most highly requested condos at Sand Cay. Zota Beach Resort is next door and the shops and eateries of Longboat Key and St. Armands Circle are just minutes away and the famed arts & culture of Sarasota are just across the Ringling bridge.

    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
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Living Room/Dining Room Combo, Window Treatments
    • Flooring: Tile, Carpet
    • Windows: Blinds, Window Treatments, Drapes
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,032 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Exterior features: Wood, Brick
    • 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
    • Features: CoastalConstruction Control Line
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 8008800909
    • Zoning: T6

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: SAND CAY A CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Elevators, Pool, Tennis Court(s), Shuffleboard Court, Basketball Court
    • Services included: Community Pool, Maintenance Grounds, Trash, Cable TV, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Escrow Reserves Fund, Manager, Fidelity Bond
    • HOA fee: $1,043 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $711/sqft
    • Tax assessed value: $368,900
    • Annual tax amount: $5,898
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/1/2020Sold$710,000-5.2%$688/sqft
    Source: Stellar MLS #A4456631 Report a problem
    5/1/2020Listed for sale$749,000$726/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4456631 Report a problem
    3/4/2020Pending sale$749,000$726/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4456631 Report a problem
    2/6/2020Price change$749,000-3.4%$726/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4456631 Report a problem
    1/15/2020Listed for sale$775,000$751/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4456631 Report a problem
    8/8/2019Listing removed$775,000$751/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4441203 Report a problem
    7/15/2019Listed for sale$775,000+19.2%$751/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4441203 Report a problem
    4/5/2017Sold$650,000-7%$630/sqft
    Source: Stellar MLS #A4167249 Report a problem
    3/23/2017Pending sale$699,000+15%$677/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/19/2014Sold$608,000-13%$589/sqft
    Source: Public Record Report a problem
    7/30/2014Listed for sale$699,000$677/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,898 -60.5%$368,900 -53.4%
    2024$14,949 +20.5%$791,945 +10%
    2023$12,404 +14.1%$719,950 +10%
    2022$10,873 +6%$654,500 +10%
    2021$10,253 -1.2%$595,000
    2020$10,382 +0.9%$595,000
    2019$10,291 $595,000 +4.4%
    2018$10,291 +2.6%$570,000 +3.6%
    2017$10,029 +51%$550,000 +6.8%
    2016$6,642 $515,000 +6.2%
    2015$6,642 $485,000 +24%
    2014$6,642 +17.1%$391,001 +15%
    2013$5,673 +567239%$340,001 -9.2%
    2012$1 $374,397 -2%
    2011$1 $382,031
    2010-- $382,031 -12%
    2009$7,344 -16.2%$434,126 -18%
    2008$8,767 -22.8%$529,372 -22%
    2007$11,362 -6.3%$678,682
    2006$12,123 +23.4%$678,682 +28.2%
    2005$9,823 +12.8%$529,282 +15.1%
    2004$8,705 +27.6%$459,713 +32.4%
    2003$6,822 +8.3%$347,176 +11.6%
    2002$6,299 +8.9%$311,095 +8.9%
    2001$5,782 +11.3%$285,687 +13.7%
    2000$5,196 $251,217
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $733,400
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    Estimated market value
    $733,400