Step right into the epitome of Florida beachfront luxury with this stunning first-floor Capri unit on Longboat Key. Nestled within the exclusive Positano community—an intimate 10-acre oasis of just 29 residences—this condo offers a seamless walkout straight to the pristine beach and the azure waters of the Gulf of Mexico. This is Florida living at its finest. The condo features a fantastic wrap-around terrace on the Gulf side, perfect for soaking in the outdoor splendor from morning coffee to sunset cocktails. The primary suite offers direct steps down to the private community pool, while additional terraces off the secondary bedrooms ensure both privacy and gorgeous views. Spanning a generous 3,343 square feet, this true three-bedroom, all en-suite residence boasts a Gulf-front gourmet kitchen with state-of-the-art appliances, an adjacent family gathering area, and an open-plan flow from the living room to the dining space. Floor-to-ceiling windows frame dramatic views of the Gulf and the beach, while beautiful porcelain tile floors, 10-foot ceilings, and crown molding add to the sense of refined elegance. You'll enjoy the convenience of a private, enclosed two-car garage and the exceptional amenities of the owner's club, including a state-of-the-art fitness center, catering kitchen, and a lounge with a fireplace, plasma TV, and surround sound. Outdoors, there's a 75-foot Olympic pool, spa, grilling area, and shaded cabanas, all set amidst lush tropical landscaping. Truly, this condo is as close to the beach as it gets on Longboat Key.
Sold for $5,350,000
$5,350,000
4995 GULF OF MEXICO DRIVE #500, LONGBOAT KEY, FL 34228
4beds
3,344sqft
Condominium
Built in 2007
-- sqft lot
$5,350,200 Zestimate®
$1,600/sqft
$32,689 Estimated rent
Home value
$5,350,200
$5.03M - $5.67M
$32,689/mo
Zestimate® history
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List your homeWhat's special
Adjacent family gathering areaBeautiful porcelain tile floors
Zillow last checked:
Listing updated:
Listed by:
Reid Murphy 941-232-3304,
DEVELOPERS REALTY LBK, INC 941-799-9096
Bought with:
Laura Way, 3033347
FINE PROPERTIES
Source: Stellar MLS,MLS#: A4677613
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 285 Square Feet
- Dimensions: 15x19
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
Bonus room
- Features: No Closet
- Level: First
Dining room
- Level: First
Great room
- Level: First
- Area: 352 Square Feet
- Dimensions: 16x22
Kitchen
- Features: Storage Closet
- Level: First
- Area: 221 Square Feet
- Dimensions: 13x17
Living room
- Level: First
- Area: 726 Square Feet
- Dimensions: 22x33
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen
- Flooring: Carpet, Porcelain Tile
- Has fireplace: No
Interior area
- Total structure area: 4,722
- Total interior livable area: 3,344 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Courtyard
- Has private pool: Yes
- Pool features: Heated, In Ground
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Beach
- Has water view: Yes
- Water view: Beach
- Waterfront features: Beach Access
Lot
- Size: 10.93 Acres
Details
- Parcel number: 8009701359
- Zoning: GF
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Block, Slab
- Roof: Other
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Community Mailbox, Fitness Center, Gated Community - Guard, Pool
- Security: Fire Alarm, Gated Community, Key Card Entry, Security Gate, Security System, Security System Owned
- Pet fee: $0 monthly
- Subdivision: POSITANO
HOA
- Has HOA: Yes
- Services included: 24-Hour Guard
- HOA fee: $7,263 monthly
- HOA name: Teal White
- HOA phone: 941-383-5400
- Second HOA name: Positano
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,600/sqft
- Tax assessed value: $1,504,636
- Annual tax amount: $47,518
- Date on market: 1/13/2026
- Cumulative days on market: 169 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Brick
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $5,350,000-6.1%$1,600/sqft |
Source:  Stellar MLS #A4677613 Report a problem | ||
| 7/2/2026 | Pending sale | $5,695,000$1,703/sqft |
Source: Stellar MLS #A4677613 Report a problem | ||
| 5/11/2026 | Price change | $5,695,000-3.4%$1,703/sqft |
Source: Stellar MLS #A4677613 Report a problem | ||
| 4/13/2026 | Price change | $5,895,000-5.7%$1,763/sqft |
Source: Stellar MLS #A4677613 Report a problem | ||
| 2/23/2026 | Price change | $6,250,000-3.8%$1,869/sqft |
Source: Stellar MLS #A4677613 Report a problem | ||
| 1/13/2026 | Listed for sale | $6,495,000+54.6%$1,942/sqft |
Source: Stellar MLS #A4677613 Report a problem | ||
| 8/28/2019 | Sold | $4,200,000-6.6%$1,256/sqft |
Source: Public Record Report a problem | ||
| 7/12/2019 | Pending sale | $4,495,000$1,344/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4428638 Report a problem | ||
| 2/26/2019 | Listed for sale | $4,495,000+26.1%$1,344/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4428638 Report a problem | ||
| 2/15/2013 | Sold | $3,565,000-9.7%$1,066/sqft |
Source: Public Record Report a problem | ||
| 1/19/2013 | Pending sale | $3,950,000$1,181/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 10/28/2011 | Listed for sale | $3,950,000$1,181/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 6/2/2011 | Listing removed | $3,950,000$1,181/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 3/14/2010 | Listed for sale | $3,950,000$1,181/sqft |
Source: Michael Saunders & Companyr Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,611 -52.4% | $1,504,636 -51.7% |
| 2024 | $47,519 +0.4% | $3,114,272 +3% |
| 2023 | $47,320 +1.7% | $3,023,565 +3% |
| 2022 | $46,518 -1.9% | $2,935,500 +3% |
| 2021 | $47,417 -1.3% | $2,850,000 |
| 2020 | $48,023 -0.5% | $2,850,000 |
| 2019 | $48,263 | $2,850,000 |
| 2018 | $48,263 -1.6% | $2,850,000 -15.1% |
| 2017 | $49,064 -2% | $3,357,500 +11.1% |
| 2016 | $50,076 | $3,023,000 +2.2% |
| 2015 | $50,076 | $2,958,350 +2.9% |
| 2014 | $50,076 +26.3% | $2,874,148 +19% |
| 2013 | $39,641 +3964027% | $2,414,319 +1.7% |
| 2012 | $1 | $2,373,962 +3% |
| 2011 | $1 | $2,304,817 +1.5% |
| 2010 | -- | $2,270,756 -20.7% |
| 2009 | $47,768 -1.2% | $2,862,566 -3.4% |
| 2008 | $48,365 +295.5% | $2,962,500 +305.5% |
| 2007 | $12,230 | $730,500 |
Find assessor info on the county website
Neighborhood: 34228
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GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 7.8 mi
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Estimated market value
$5,350,200
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Estimated market value
$5,350,200
- Florida
- Manatee County
- Longboat Key
- 34228
- 4995 GULF OF MEXICO DRIVE Unit 500
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