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  • $638,200

    5055 Gulf Of Mexico Dr #311, Longboat Key, FL 34228

    3beds
    2baths
    1,484sqft
    Condo
    Built in 1973
    -- sqft lot
    $638,200 Zestimate®
    $430/sqft
    $5,308 Estimated rent

    Home value

    $638,200

    $555,000 - $734,000

    $5,308/mo

    Zestimate® history
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    $5,308/mo

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    $4,492/mo

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    $4,492/mo

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    What's special

    This wonderful condominium complex is a tennis enthusiast's heaven with 8 manicured har-tru courts, fabulous wide beach, 2 heated pools (1 adult only), sauna, refurbished clubhouse and on-site management and rental office. This lovely 3 bedroom ground floor residence was completely remodeled including the kitchen and bathrooms and is being sold with its furnishings. The updated kitchen includes stainless steel appliances. The third bedroom is used as a den with a built-in bar. There is bamboo wood flooring in the main living areas and the hallways, carpet in the bedrooms. In addition to the 3 bedroom spaces there is a sliding door enclosed room overlooking the exterior that can be used as a terrace, additional bedroom or office. Club Longboat is famous for its friendly weekly socials, great tennis, beautiful well-kept gardens and trails, fabulous views of the Gulf from the pool and its community feel. The location of Club Longboat is just north of the center of Longboat Key, perfectly situated to take advantage of wonderful island restaurants, nearby shopping and a short drive over either of the islands bridges to charming St. Armand's Circle or Anna Maria Island. Also included is 1 covered parking space and additional storage. Pet friendly complex allowing 2 pets with no weight restriction. This complex is sought after by renters with its one month rental policy. Electric grills are allowed on your terrace. There is a tenant in place paying $14,000 for January thru March 2013.

    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: 3
    • Bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,484 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Stone, Brick
    • On waterfront: Yes
    Lot
    • Size: 8.77 Acres
    Details
    • Parcel number: 7998101757

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Tile
    Condition
    • Year built: 1973

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $250 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $246,925
    • Annual tax amount: $4,005

    Price history

    DateEventPrice
    1/29/2013Sold$390,000-2.3%$263/sqft
    Source: Public Record Report a problem
    11/27/2012Pending sale$399,000$269/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/7/2012Listed for sale$399,000-25.4%$269/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/22/2004Sold$535,000$361/sqft
    Source: Stellar MLS #A253037 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,005 -51.3%$246,925 -45.4%
    2024$8,224 +4.4%$452,540 +10%
    2023$7,877 +14.9%$411,400 +10%
    2022$6,853 +15.3%$374,000 +10%
    2021$5,942 -3.9%$340,000 -2.9%
    2020$6,185 +2.3%$350,000 +1.4%
    2019$6,048 $345,000 -8%
    2018$6,048 -9.2%$375,000 -8.5%
    2017$6,657 +18.3%$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 +84.6%$330,467 +66.3%
    2002$3,517 +1.9%$198,670 +1.6%
    2001$3,452 +1.2%$195,541 +3%
    2000$3,409 $189,846
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $638,200
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    Estimated market value
    $638,200