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Sold for $785,000
  • $785,000

    4725 GULF OF MEXICO DRIVE #309, LONGBOAT KEY, FL 34228

    2beds
    1,120sqft
    Condominium
    Built in 1974
    -- sqft lot
    $785,300 Zestimate®
    $701/sqft
    $5,577 Estimated rent

    Home value

    $785,300

    $730,000 - $848,000

    $5,577/mo

    Zestimate® history
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    What's special

    Tennis courtsCoastal-inspired finishes throughoutBasketball areaBeautifully updated kitchenTwo-bedroom two-bath residenceBarbecue stationsHeated beachfront pool
    Welcome to Sand Cay Beach Resort—one of Longboat Key’s premier beachfront destinations and one of the few communities on the island permitting flexible 1–7 day rentals, making it exceptionally attractive for both personal use and income potential. With an outstanding on-site management team handling the details, ownership is truly effortless. This rarely available third-floor residence features soaring vaulted ceilings exclusive to top-floor units, creating an open, airy ambiance filled with natural light. The beautifully updated kitchen opens seamlessly to the living and dining areas, while coastal-inspired finishes throughout enhance the relaxed Gulf-front lifestyle. Offered completely turnkey, this well-established vacation rental boasts a strong income history and presents an exceptional investment opportunity. Nestled within an intimate community offering 340 feet of pristine Gulf frontage, Sand Cay delivers a true resort-style experience. Amenities include a heated beachfront pool, tennis courts, shuffleboard, basketball area, barbecue stations, and a full-time on-site manager with a convenient in-house rental program. Perfectly positioned just minutes from the boutiques and fine dining of St. Armands Circle and the vibrant arts and culture of downtown Sarasota, the location is as compelling as the property itself. Light-filled and ideally situated between the pool and the beach, this two-bedroom, two-bath residence also features a spacious living and dining area, a cozy den or office nook, and a private balcony with awning and Gulf views—perfect for morning coffee or relaxing after a day in the sun. Your slice of Longboat Key paradise awaits. Schedule your private showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Albano, PA 941-993-9571,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Michele Taylor, 3633571

    EXP REALTY LLC

    Source: Stellar MLS,MLS#: A4684664MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 272 Square Feet
    • Dimensions: 16x17
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Dining room
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Kitchen
    • Features: Breakfast Bar
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Living room
    • Level: First
    • Area: 216 Square Feet
    • Dimensions: 18x12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
    • Laundry: Common Area, Other
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s)
    • Flooring: Ceramic Tile
    • Doors: Outdoor Grill
    • Windows: Blinds, Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,120
    • Total interior livable area: 1,120 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Rear Porch
    • Exterior features: Balcony, Outdoor Grill
    • Has view: Yes
    • View description: Pool, Water, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Partial
    • Waterfront features: Gulf/Ocean Front, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF AMERICA
    Lot
    • Size: 4.94 Acres
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 8008802509
    • Zoning: T6
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Built-Up,Metal
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Association Recreation - Owned, Pool, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: SAND CAY
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Laundry, Recreation Facilities, Shuffleboard Court, Tennis Court(s), Wheelchair Access
    • Services included: Cable TV, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
    • HOA fee: $1,467 monthly
    • HOA name: Heather Diggens
    • HOA phone: 941-383-5055
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $701/sqft
    • Tax assessed value: $722,500
    • Annual tax amount: $10,423
    • Date on market: 3/4/2026
    • Cumulative days on market: 1 day
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/14/2026Sold$785,000-4.2%$701/sqft
    Source: Stellar MLS #A4684664 Report a problem
    3/5/2026Pending sale$819,000$731/sqft
    Source: Stellar MLS #A4684664 Report a problem
    3/4/2026Listed for sale$819,000+59%$731/sqft
    Source: Stellar MLS #A4684664 Report a problem
    1/2/2020Sold$515,000-5.5%$460/sqft
    Source: Public Record Report a problem
    11/25/2019Pending sale$545,000$487/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4423960 Report a problem
    6/27/2019Listed for sale$545,000$487/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4423960 Report a problem
    5/9/2019Pending sale$545,000$487/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4423960 Report a problem
    2/21/2019Price change$545,000-8.4%$487/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4423960 Report a problem
    1/15/2019Listed for sale$595,000+70%$531/sqft
    Source: COLDWELL BANKER RES R E #A4423960 Report a problem
    11/3/2008Sold$350,000-12.4%$313/sqft
    Source: Public Record Report a problem
    9/10/2008Price change$399,500-11.2%$357/sqft
    Source: Michael Saunders & Company #381851 Report a problem
    4/25/2008Listed for sale$450,000-20.4%$402/sqft
    Source: Michael Saunders & Company #381851 Report a problem
    2/24/2005Sold$565,000$504/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,267 -1.5%$607,935 +10%
    2024$10,423 +20.5%$552,668 +10%
    2023$8,652 +14.4%$502,425 +10%
    2022$7,566 +8.4%$456,750 +14.2%
    2021$6,982 -1.2%$400,000
    2020$7,068 +4.9%$400,000 +7.5%
    2019$6,736 $372,029 -9.3%
    2018$6,736 +2.3%$410,000 -2.4%
    2017$6,587 +60.6%$420,000 +25%
    2016$4,102 $336,000 +28.8%
    2015$4,102 $260,900 +8%
    2014$4,102 +17.1%$241,501 +15%
    2013$3,504 +350317%$210,001 -16%
    2012$1 $250,116 -2%
    2011$1 $255,213 0%
    2010-- $255,226 -12%
    2009$4,906 -16.2%$290,030 -18%
    2008$5,856 -22.8%$353,641 -22%
    2007$7,590 -6.3%$453,386
    2006$8,099 +19.8%$453,386 +24.4%
    2005$6,762 +11.1%$364,365 +13.4%
    2004$6,087 +11.8%$321,438 +16%
    2003$5,445 +11.9%$277,089 +15.3%
    2002$4,865 +9.3%$240,258 +9.2%
    2001$4,451 +5.6%$219,922 +7.9%
    2000$4,214 $203,766
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $785,300
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    Estimated market value
    $785,300