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For sale
  • Price cut: $25K (6/25)
    $724,900

    4725 GULF OF MEXICO DRIVE #314, LONGBOAT KEY, FL 34228

    2beds
    1,104sqft
    : 
    $6,176/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $657/sqft
    $1,467/mo HOA

    What's special

    Tasteful coastal-inspired finishes throughoutBeautifully updated kitchen
    Welcome to Sand Cay Beach Resort—one of Longboat Key’s premier vacation destinations. VACATION WHEN YOU WANT - GENERATE INCOME WHEN YOU DON'T - TURNKEY GULF-SIDE INVESTMENT WITH REAL RETURNS. Rarely available third-floor condo truly impresses with soaring vaulted ceilings exclusive to top-floor residences, a beautifully updated kitchen, and tasteful coastal-inspired finishes throughout. A well-established vacation rental with a strong income history, this property is an ideal opportunity for both personal enjoyment and investment. Nestled within an intimate beachfront community offering 340 feet of pristine Gulf frontage, Sand Cay provides an exceptional resort-style experience. Residents and guests enjoy first-class amenities including tennis courts, shuffleboard, a heated pool, basketball area, barbecue stations, a full-time on-site manager, and a convenient in-house rental program. Perfectly located, the resort is just minutes from the boutique shops and fine dining of St. Armands Circle and the vibrant arts and cultural attractions of downtown Sarasota. Light and bright, this third-floor garden-view condo is ideally situated between the pool and the beach. The inviting floor plan features two bedrooms, two bathrooms, a spacious living and dining area, an updated and fully equipped kitchen, a cozy den/office nook, and a private balcony with an awning—ideal for morning coffee or unwinding after a day by the Gulf. Your slice of Longboat Key paradise awaits. Schedule your showing today.
    239 days
    |
    503
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Albano, PA 941-993-9571,

    COLDWELL BANKER REALTY 941-383-6411

    Source: Stellar MLS,MLS#: A4673798MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Dining room
      • Level: First
      • Area: 91 Square Feet
      • Dimensions: 13x7
      Family room
      • Level: First
      • Area: 195 Square Feet
      • Dimensions: 15x13
      Kitchen
      • Features: Granite Counters
      • Level: First
      • Area: 77 Square Feet
      • Dimensions: 11x7
      Living room
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Other
      Features
      • Cathedral Ceiling(s), High Ceilings, Solid Wood Cabinets, Stone Counters
      • Flooring: Ceramic Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 1,104
      • Total interior livable area: 1,104 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Rear Porch
      • Exterior features: Balcony, Tennis Court(s)
      • Has view: Yes
      • View description: Garden, Pool, Trees/Woods
      • Waterfront features: Gulf/Ocean Front, Gulf/Ocean, Beach Access, Gulf/Ocean Access
      • Body of water: GULF OF AMERICA
      Lot
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 8008802756
      • Zoning: T6
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Key West
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Gulf/Ocean Front, Water Access, Community Mailbox, Pool, Sidewalks, Tennis Court(s), Wheelchair Access
      • Pet fee: $0 monthly
      • Subdivision: SAND CAY
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Elevator(s), Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
      • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $1,467 monthly
      • HOA name: Heather Diggens
      • HOA phone: 941-383-5044
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $657/sqft
      • Tax assessed value: $714,000
      • Annual tax amount: $10,125
      • Date on market: 12/6/2025
      • Cumulative days on market: 239 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Price change$724,900-3.3%$657/sqft
        Source: Stellar MLS #A4673798 Report a problem
        5/21/2026Price change$749,900-3.2%$679/sqft
        Source: Stellar MLS #A4673798 Report a problem
        3/19/2026Price change$774,900-3%$702/sqft
        Source: Stellar MLS #A4673798 Report a problem
        2/9/2026Price change$799,000-3.6%$724/sqft
        Source: Stellar MLS #A4673798 Report a problem
        12/6/2025Listed for sale$829,000+102.7%$751/sqft
        Source: Stellar MLS #A4673798 Report a problem
        3/20/2015Sold$409,000-3.7%$370/sqft
        Source: Stellar MLS #A4106599 Report a problem
        2/13/2015Pending sale$424,900$385/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        10/17/2014Listed for sale$424,900+93.1%$385/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        9/3/1998Sold$220,000$199/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,948 -1.8%$578,320 +10%
        2024$10,125 +21%$525,745 +10%
        2023$8,368 +14.3%$477,950 +10%
        2022$7,322 +6.1%$434,500 +10%
        2021$6,898 -1.2%$395,000
        2020$6,983 +0.9%$395,000
        2019$6,923 $395,000 -1.3%
        2018$6,923 -2.3%$400,000 -2.4%
        2017$7,088 +77%$410,000 +25%
        2016$4,004 $328,000 +28.7%
        2015$4,004 $254,900 +8.1%
        2014$4,004 +17.1%$235,751 +15%
        2013$3,421 +341973%$205,001 -16.9%
        2012$1 $246,619 -2%
        2011$1 $251,645 0%
        2010-- $251,682 -12%
        2009$4,838 -16.2%$286,002 -18%
        2008$5,775 -22.8%$348,730 -22%
        2007$7,485 -6.3%$447,090
        2006$7,986 +19.8%$447,090 +24.4%
        2005$6,669 +11.1%$359,325 +13.3%
        2004$6,003 +11.8%$317,005 +16%
        2003$5,369 +11.9%$273,261 +15.3%
        2002$4,798 +9.3%$236,927 +9.2%
        2001$4,389 +5.6%$216,870 +7.9%
        2000$4,156 $200,938
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34228

        Getting around

        13 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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