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Off market
  • $1,118,800

    4725 Gulf Of Mexico Dr #203, Longboat Key, FL 34228

    2beds
    1,221sqft
    Condo
    Built in 1974
    -- sqft lot
    $1,118,800 Zestimate®
    $916/sqft
    $5,939 Estimated rent

    Home value

    $1,118,800

    $973,000 - $1.28M

    $5,939/mo

    Zestimate® history
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    $8,280/mo

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    What's special

    Location, Location, Location!!! Sensational year-around sunsets over the Gulf of Mexico & calming beach views & sounds surround this perfectly positioned vacation home in this highly thought after building in one of Longboat Key's most popular vacation resorts. This spacious & inviting end unit is located next to brand new multi-million-dollar residences and the amazing views can be enjoyed from all living areas including the large master suite. Enjoy unrestricted access to paradise along with great income possibilities since short term rentals with a 3-day minimum are welcome here. Rental Income for units in similar location in this community were $63,000 to $71,000 in 2017. With only 60 units, this intimate community boasts 340' of beach frontage and first-class amenities as well as a full time on-site manager and an in-house rental program. Recent updates to the property include new metal roofs, exterior paint, lush landscaping & refurbished tennis courts and all windows, sliders and exterior doors were replaced in 2008. Relax on your private Gulf front deck, stroll miles of powder sand beaches, swim, paddle or kayak in the azure blue waters of the Gulf or just sit back & take in the tropical tranquil surroundings. Just minutes from shopping and dining on St. Armands Circle or the arts and culture of downtown Sarasota & a short stroll on the beach to the brand-new resort restaurant & bar next door. Life is good on LBK!

    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: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: Laundry Room
    Features
    • Ceiling Fans(s), Living Room/Dining Room Combo
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,221 sqft

    Property

    Features
    • Levels: One
    • Patio & porch: Patio
    • Exterior features: Wood, Brick
    • Pool features: Heated, In Ground
    • On waterfront: Yes
    • Waterfront features: Beach - Public, Gulf/Ocean, Beach - Private
    • Body of water: GULF OF MEXICO
    Details
    • Parcel number: 8008801204
    • Zoning: T6

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Sewer Connected, Water Available

    Community & HOA

    Community
    • Subdivision: SAND CAY A CONDO
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Recreational Facilities, Trash, Insurance, Maintenance Exterior, Sewer, Water, Community Pool, Manager
    • HOA fee: $782 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $916/sqft
    • Tax assessed value: $1,258,000
    • Annual tax amount: $17,242

    Price history

    DateEventPrice
    3/28/2019Sold$720,000-5.3%$590/sqft
    Source: Stellar MLS #A4419150 Report a problem
    2/25/2019Price change$759,900-13.2%$622/sqft
    Source: ROSEBAY INTERNATIONAL INC #A4419150 Report a problem
    1/28/2019Listed for sale$875,000$717/sqft
    Source: ROSEBAY INTERNATIONAL INC #A4419150 Report a problem
    12/5/2018Listing removed$875,000$717/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4419150 Report a problem
    11/14/2018Listed for sale$875,000$717/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4419150 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,242 -1.6%$1,032,191 +10%
    2024$17,525 +21%$938,355 +10%
    2023$14,488 +14.3%$853,050 +10%
    2022$12,675 +6.5%$775,500 +10%
    2021$11,902 -1.3%$705,000
    2020$12,054 +10.1%$705,000 +17%
    2019$10,950 $602,333 -10.1%
    2018$10,950 +5.8%$670,000 +21.8%
    2017$10,346 +55.8%$550,000 +6.8%
    2016$6,642 +664054%$515,000 +6.2%
    2015$1 -100%$485,000 +24%
    2014$6,642 +17.1%$391,001 +15%
    2013$5,673 +567239%$340,001 -11.3%
    2012$1 $383,397 -2%
    2011$1 $391,214
    2010-- $391,214 -12%
    2009$7,521 -16.2%$444,561 -18%
    2008$8,977 -22.8%$542,089 -22%
    2007$11,635 -6.3%$694,987
    2006$12,414 +22.6%$694,987 +27.4%
    2005$10,126 +12.4%$545,587 +14.7%
    2004$9,005 +27.4%$475,528 +32.2%
    2003$7,071 +9.2%$359,828 +12.6%
    2002$6,473 +9.1%$319,641 +9%
    2001$5,935 +11.1%$293,223 +13.6%
    2000$5,340 $258,215
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,118,800
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    Estimated market value
    $1,118,800