Rare fully renovated and beautifully upgraded (2022), including everything from electrical to plumbing to flooring, first floor beach retreat. Boasting 2 bedrooms, 2 bathrooms, an extra den/office space, sun room, and private outdoor patio space, this beautiful sanctuary is just seconds walk from the shore with a private parking space a few feet from the front door. With an open layout and gentle styling, the space provides a peaceful and enriching haven for any beachgoer. Every element of the condo was replaced and upgraded in 2022, including new appliances and hurricane impact windows. Not one single item or feature is in need of any repair or replacement, granting the owner a deep peace of mind and profoundly easy beach going experience. The community provides a wide range of amenities, rather unique to the area, including 2 heated pools, a hot tub, clubhouse with bar, 8 tennis courts, outdoor shuffleboard, library, gym, sauna, and more. Known as one of the best beaches in the world, the soft white sands of Longboat Key extend for 750’ of access in front of the community with gentle waves and stunningly idyllic sunsets. Furthermore the unit may serve as an income generating property for renters. Guest parking is also available in front of the unit. This rare opportunity for such a completely upgraded beachfront unit with such tremendous community amenities will not last long so book a showing today.
Sold for $985,000
$985,000
5055 GULF OF MEXICO DRIVE #116, LONGBOAT KEY, FL 34228
2beds
1,678sqft
Condominium
Built in 1973
-- sqft lot
$864,300 Zestimate®
$587/sqft
$5,831 Estimated rent
Home value
$864,300
$761,000 - $985,000
$5,831/mo
Zestimate® history
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$8,363/mo
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List your homeWhat's special
Hot tubOffice spacePrivate outdoor patio spaceSun roomGuest parkingNew appliancesPrivate parking space
Zillow last checked:
Listing updated:
Listed by:
Luke Davies 813-335-4682,
TOMLIN, ST CYR & ASSOCIATES LLC 813-636-0700
Bought with:
Sherri Mills, 3042812
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: T3518188
Originating MLS: Tampa
Originating MLS: Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Built-in Closet
- Level: First
- Dimensions: 13x15
Bedroom 2
- Features: No Closet
- Level: First
- Dimensions: 16x11
Bathroom 1
- Features: Dual Sinks, Rain Shower Head, Shower No Tub
- Level: First
- Dimensions: 9x8
Bathroom 2
- Features: Tub With Shower
- Level: First
Den
- Level: First
- Dimensions: 10x12
Dining room
- Level: First
- Dimensions: 13x12
Florida room
- Level: First
- Dimensions: 14x10
Kitchen
- Features: Stone Counters
- Level: First
- Dimensions: 10x14
Living room
- Level: First
- Dimensions: 13x15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Porcelain Tile
- Doors: Sliding Doors
- Windows: ENERGY STAR Qualified Windows, Storm Window(s), Shades, Window Treatments, Hurricane Shutters/Windows
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,813
- Total interior livable area: 1,678 sqft
Property
Parking
- Total spaces: 1
- Parking features: Guest
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: Heated, In Ground, Lighting
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Garden, Pool, Tennis Court, Water
- Water view: Water
- Waterfront features: Gulf/Ocean Front, Beach, Beach Access, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Size: 6.17 Acres
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Additional structures: Storage
- Parcel number: 7998100353
- Zoning: R3MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Private, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Gulf/Ocean Front, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool
- Pet fee: $0 monthly
- Subdivision: CLUB LONGBOAT BEACH & TENNIS
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
- Services included: Cable TV, Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Private Road, Recreational Facilities
- HOA fee: $1,857 monthly
- HOA name: Jon Riley
- HOA phone: 941-383-6081
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $587/sqft
- Tax assessed value: $261,800
- Annual tax amount: $7,835
- Date on market: 4/12/2024
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2024 | Sold | $985,000-1%$587/sqft |
Source:  Stellar MLS #T3518188 Report a problem | ||
| 4/18/2024 | Pending sale | $995,000$593/sqft |
Source: Stellar MLS #T3518188 Report a problem | ||
| 4/12/2024 | Listed for sale | $995,000+158.4%$593/sqft |
Source: Stellar MLS #T3518188 Report a problem | ||
| 11/2/2012 | Sold | $385,000-10.5%$229/sqft |
Source: Public Record Report a problem | ||
| 9/26/2012 | Pending sale | $430,000$256/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 9/13/2012 | Listed for sale | $430,000+7.5%$256/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 3/6/2012 | Listing removed | $399,900$238/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 1/5/2012 | Price change | $399,900-2.4%$238/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 12/14/2011 | Price change | $409,900-3.6%$244/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 9/10/2011 | Price change | $425,000-3.4%$253/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 8/27/2011 | Price change | $439,900-3.3%$262/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 7/12/2011 | Price change | $455,000-13.3%$271/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 10/9/2010 | Price change | $524,900-4.4%$313/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 10/2/2010 | Listed for sale | $549,000$327/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,190 -50.1% | $261,800 -42.1% |
| 2024 | $8,397 +7.2% | $452,540 +10% |
| 2023 | $7,836 +15% | $411,400 +10% |
| 2022 | $6,813 +15.4% | $374,000 +10% |
| 2021 | $5,901 -4% | $340,000 -2.9% |
| 2020 | $6,144 +2.3% | $350,000 +1.4% |
| 2019 | $6,007 -11.8% | $345,000 -8% |
| 2018 | $6,813 | $375,000 -8.5% |
| 2017 | -- | $409,900 +6.1% |
| 2016 | $5,628 | $386,300 +15% |
| 2015 | $5,628 | $335,900 +4% |
| 2014 | $5,628 +12.9% | $323,009 +8.2% |
| 2013 | $4,983 +498239% | $298,650 +10% |
| 2012 | $1 | $271,500 +2.3% |
| 2011 | $1 | $265,400 -10% |
| 2010 | -- | $294,890 -32% |
| 2009 | $7,336 +0.1% | $433,663 -2% |
| 2008 | $7,328 -1.1% | $442,513 |
| 2007 | $7,408 -11.9% | $442,513 -6% |
| 2006 | $8,409 +6.8% | $470,759 +11% |
| 2005 | $7,871 +16.7% | $424,108 +19% |
| 2004 | $6,747 +3.9% | $356,284 +7.8% |
| 2003 | $6,494 +14.5% | $330,467 +18% |
| 2002 | $5,671 +30.1% | $280,057 +30% |
| 2001 | $4,360 +2.8% | $215,425 +5% |
| 2000 | $4,243 | $205,166 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 7.6 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.6 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 6.9 mi
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Estimated market value
$864,300
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Estimated market value
$864,300
- Florida
- Manatee County
- Longboat Key
- 34228
- 5055 GULF OF MEXICO DRIVE Unit 116
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