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For saleErrorPrice cut: $26K (5/20)
$549,000
2beds
1,484sqft

5055 GULF OF MEXICO DRIVE #421, LONGBOAT KEY, FL 34228

2beds
1,484sqft
Condominium
Built in 1973
1 Carport space
$370 price/sqft
$2,100/mo HOA

What's special

Private terrace

Set within the highly regarded Club Longboat Beach & Tennis on Longboat Key, this 2BR/2BA residence offers an excellent opportunity to create something truly special in one of the island’s most amenity-rich communities. Just under 1,500 sq. ft. and located on the second level, the residence enjoys a comfortable layout where ...

143 days
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792
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18
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Source: Stellar MLS,MLS#: A4684543MLS LogoOriginating MLS: Sarasota - Manatee
Travel times

Family Room

Kitchen

Dining Room

Bedrooms

Balcony

Zillow last checked:

Listing updated:

Listed by:

Bruce Myer 941-376-5311,

COLDWELL BANKER REALTY 941-383-6411,

Chase Myer 941-315-5318,

COLDWELL BANKER REALTY

Source: Stellar MLS,MLS#: A4684543MLS 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: 224 Square Feet
  • Dimensions: 14x16
Bedroom 2
  • Features: Built-in Closet
  • Level: First
  • Area: 187 Square Feet
  • Dimensions: 11x17
Balcony porch lanai
  • Level: First
  • Area: 130 Square Feet
  • Dimensions: 13x10
Balcony porch lanai
  • Level: First
  • Area: 140 Square Feet
  • Dimensions: 14x10
Dining room
  • Level: First
  • Area: 156 Square Feet
  • Dimensions: 12x13
Dining room
  • Level: First
  • Area: 150 Square Feet
  • Dimensions: 15x10
Family room
  • Level: First
  • Area: 156 Square Feet
  • Dimensions: 12x13
Kitchen
  • Level: First
  • Area: 117 Square Feet
  • Dimensions: 9x13
Laundry
  • Level: First
  • Area: 25 Square Feet
  • Dimensions: 5x5
Living room
  • Level: First
  • Area: 208 Square Feet
  • Dimensions: 13x16
Heating
  • Central, Electric
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Washer
  • Laundry: Inside
Features
  • Ceiling Fan(s), Thermostat
  • Flooring: Carpet, Tile
  • Doors: Sliding Doors
  • Windows: Window Treatments
  • Has fireplace: No
Interior area
  • Total structure area: 1,484
  • Total interior livable area: 1,484 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 1
  • Parking features: Covered
  • Carport spaces: 1
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch
  • Exterior features: Irrigation System, Lighting, Tennis Court(s)
  • Pool features: Heated, In Ground
  • Has spa: Yes
  • Spa features: Heated, In Ground
  • On waterfront: Yes
  • Waterfront features: Gulf/Ocean, Gulf/Ocean Access
  • Body of water: GULF OF MEXICO
Lot
  • Residential vegetation: Mature Landscaping
Details
  • Parcel number: 7998102953
  • Zoning: R3MX
  • Special conditions: None

Construction

Type & style
  • Home type: Condo
  • Architectural style: Other
  • Property subtype: Condominium
Materials
  • Concrete, Stucco
  • Foundation: Pillar/Post/Pier
  • Roof: Tile
Condition
  • Completed
  • New construction: No
  • Year built: 1973

Utilities & green energy

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

Community & HOA

Community
  • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Tennis Court(s)
  • Pet fee: $0 monthly
  • Subdivision: CLUB LONGBOAT BEACH & TENNIS
HOA
  • Has HOA: No
  • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • HOA fee: $2,100 monthly
  • HOA name: Club Longboat Beach & Tennis / Jon Riley
  • HOA phone: 941-383-6081
Location
  • Region: Longboat Key

Financial & listing details

  • Price per square foot: $370/sqft
  • Tax assessed value: $705,500
  • Annual tax amount: $8,223
  • Date on market: 3/16/2026
  • Cumulative days on market: 94 days
  • Listing terms: Cash,Conventional
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
5/20/2026Price change$549,000-4.5%$370/sqft
Source: Stellar MLS #A4684543 Report a problem
3/16/2026Listed for sale$575,000$387/sqft
Source: Stellar MLS #A4684543 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$9,141 +11.1%$497,794 +10%
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 -7.5%$375,000 -1.4%
2017$6,538 +43.8%$380,200 +21.4%
2016$4,547 $313,200 +14.9%
2015$4,547 $272,620 +4.5%
2014$4,547 +12.9%$260,952 +8.2%
2013$4,026 +402499%$241,273 +10%
2012$1 $219,339 +2.3%
2011$1 $214,410 -10%
2010-- $238,226 -32%
2009$5,926 +0.1%$350,331 -2%
2008$5,920 -1.1%$357,480
2007$5,985 -11.9%$357,480 -6%
2006$6,793 +6.8%$380,298 +11%
2005$6,359 +16.7%$342,611 +19%
2004$5,450 +3.9%$287,819 +7.8%
2003$5,246 +0.8%$266,965 +3.9%
2002$5,205 +30.1%$257,066 +30%
2001$4,002 +2.8%$197,739 +5%
2000$3,895 $188,331

Find assessor info on the county website

Monthly payment

Est. payment
$5,575/mo
Principal & interest
$2802
HOA Fees
$2100
Property taxes
$673
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Estimated market value

$515,700

$490,000 - $541,000

$7,015/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 34228

Nearby schools

Anna Maria Elementary School
Grades PK-57.6 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
8/10
Bayshore High School
Grades 8-124.6 miles
2/10
GreatSchools® Rating
Test Score Rating
2/10
College Readiness Rating
2/10
Student Progress Rating
2/10
Martha B. King Middle School
Grades 6-86.9 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
4/10