Skip main navigation
Sold for $850,000
    • $850,000

    5055 GULF OF MEXICO DRIVE #331, LONGBOAT KEY, FL 34228

    2beds
    1,484sqft
    Condominium
    Built in 1973
    -- sqft lot
    $849,400 Zestimate®
    $573/sqft
    $7,015 Estimated rent

    Home value

    $849,400

    $798,000 - $909,000

    $7,015/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,015/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,015/mo

    Rent Zestimate®

    Refinance and save

    $7,575/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $7,575/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Private balconyStunning third-floor waterfront residenceOpen sun-filled living spaceExpansive gulf viewsStone countertopsUpdated kitchenWhite cabinetry
    Virtually Staged. Welcome to your coastal retreat in paradise — a stunning third-floor waterfront residence in Club Longboat Beach and Tennis, offering expansive Gulf views and one of the largest floor plans in the community. This exceptional 2-bedroom plus 3rd bedroom/study layout perfectly blends elegance, comfort, and functionality, ideal for full-time living or as a refined vacation escape. With 750 feet of pristine Gulf frontage, this home immerses you in the beauty and serenity of coastal living. Beautiful engineered white oak wood floors flow throughout the open, sun-filled living space, which seamlessly extends to your private balcony’s, the perfect spot to enjoy the tranquil sound of the waves and stunning sunsets. The updated kitchen features stone countertops, white cabinetry, and has been opened up to create a larger, more connected floor plan ideal for entertaining. The primary suite is a private sanctuary, boasting a remodeled marble bath with high-end fixtures and a spa-like ambiance. The guest suite provides equal comfort and privacy, featuring a beautifully appointed travertine-floored bathroom. A custom wall of California closets offers exceptional storage and style. The Club Longboat Beach and Tennis community offers amazing amenities, including private beach access with lounge chairs and beach umbrellas, eight professional har-tru tennis courts, pickleball, fitness center, shuffleboard, barbeque area, clubhouse with regular social events, sauna, spa and two heated swimming pools. Club Longboat is a pet-friendly community allowing up to two pets with fees that include exterior maintenance and insurance, cable, water, sewer and trash. Perfect as a full-time residence or an income-producing rental, with one-month minimum leases permitted up to 12 times per year. Only a short drive to many fine restaurants, boutiques, Anna Maria Island, St. Armands Circle and the City of Sarasota. Sarasota is a well-known center for arts and culture including the Asolo Theater, Van Wezel Performing Arts Center and Ringling Museum. Schedule your showing today and make resort style living a reality.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Heers 941-726-1703,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Ryan Heers, 3238699

    COLDWELL BANKER REALTY

    Lori Lahart, 3300305

    CENTURY 21 BILL NYE REALTY

    Source: Stellar MLS,MLS#: A4670624MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bonus Room, Den/Library/Office, Utility Room
    Primary bedroom
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Primary bathroom
    • Features: Dual Sinks, Multiple Shower Heads, Rain Shower Head, Shower No Tub, Stone Counters
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 9x8
    Bonus room
    • Features: No Closet
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Den
    • Level: First
    • Area: 104 Square Feet
    • Dimensions: 8x13
    Dining room
    • Level: First
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Pantry, Exhaust Fan, Granite Counters
    • Level: First
    Living room
    • Level: First
    • Area: 260 Square Feet
    • Dimensions: 20x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside
    Features
    • Built-in Features, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters
    • Flooring: Engineered Hardwood, Marble, Tile, Travertine
    • Doors: Sliding Doors
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,484
    • Total interior livable area: 1,484 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Deeded, Ground Level, Guest, Open, Under Building
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Rear Porch
    • Exterior features: Balcony, Lighting, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Tennis Court, Trees/Woods, Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 5.58 Acres
    • Features: FloodZone
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 7998102359
    • Zoning: R3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom,Other
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Concrete,Tile
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Pool, Tennis Court(s)
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: CLUB LONGBOAT BEACH & TENNIS
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
    • Services included: Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,967 monthly
    • HOA name: Jon Riley
    • HOA phone: 941-383-6081
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $573/sqft
    • Tax assessed value: $705,500
    • Annual tax amount: $5,337
    • Date on market: 11/7/2025
    • Cumulative days on market: 185 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    6/8/2026Sold$850,000-5%$573/sqft
    Source: Stellar MLS #A4670624 Report a problem
    5/12/2026Pending sale$895,000$603/sqft
    Source: Stellar MLS #A4670624 Report a problem
    4/1/2026Price change$895,000-9.1%$603/sqft
    Source: Stellar MLS #A4670624 Report a problem
    1/28/2026Price change$985,000-10%$664/sqft
    Source: Stellar MLS #A4670624 Report a problem
    11/10/2025Price change$1,095,000-8.4%$738/sqft
    Source: Stellar MLS #A4670624 Report a problem
    11/7/2025Listed for sale$1,195,000-0.3%$805/sqft
    Source: Stellar MLS #A4670624 Report a problem
    5/27/2025Listing removed$1,199,000$808/sqft
    Source: Stellar MLS #A4644366 Report a problem
    4/18/2025Price change$1,199,000-9.5%$808/sqft
    Source: Stellar MLS #A4644366 Report a problem
    3/24/2025Listed for sale$1,325,000$893/sqft
    Source: Stellar MLS #A4644366 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,458 +2.3%$382,301 +2.9%
    2024$5,337 +0.7%$371,527 +3%
    2023$5,298 +2%$360,706 +3%
    2022$5,195 -1.5%$350,200 +3%
    2021$5,275 +1.6%$340,000 -2.9%
    2020$5,193 +2.2%$350,000 +1.4%
    2019$5,084 $345,000 -8%
    2018$5,084 -23.6%$375,000 +9.2%
    2017$6,657 +30.9%$343,362 +2.1%
    2016$5,086 $336,300 +0.7%
    2015$5,086 $333,962 +0.8%
    2014$5,086 +5.9%$331,312 +1.5%
    2013$4,802 +480070%$326,416 +1.7%
    2012$1 $320,960 +2.3%
    2011$1 $313,750 -10%
    2010-- $348,611 -21.9%
    2009$6,893 -4.1%$446,344 +0.1%
    2008$7,192 +5.3%$445,898 +3%
    2007$6,829 -3.8%$432,911 +2.5%
    2006$7,098 -0.7%$422,352 +3%
    2005$7,146 +1.1%$410,050 +3%
    2004$7,065 -1.7%$398,107 +1.9%
    2003$7,186 +7.2%$390,684 +18%
    2002$6,704 +30.1%$331,088 +30%
    2001$5,155 +7.7%$254,681 +10%
    2000$4,788 $231,531
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $849,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $849,400

    Nearby cities

    Nearby zip codes

    Other Longboat Key Topics

      Search
      Updates
      Favorites
      Plan
      Inbox