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Sold for $670,000
  • $670,000

    5055 GULF OF MEXICO DRIVE #424, LONGBOAT KEY, FL 34228

    2beds
    1,484sqft
    Condominium
    Built in 1973
    -- sqft lot
    $800,000 Zestimate®
    $451/sqft
    $7,015 Estimated rent

    Home value

    $800,000

    $696,000 - $928,000

    $7,015/mo

    Zestimate® history
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    What's special

    Swimming poolsDirect beach accessHar-tru tennis courtsCovered parkingBeach umbrellasOversized interior laundry roomLush tropical landscapes
    Experience the epitome of resort-style living at Club Longboat Beach and Tennis on the picturesque Longboat Key, Florida. Set against a backdrop of lush tropical landscapes, this vibrant community offers a wealth of amenities designed to enrich your lifestyle. Immerse yourself in the array of recreational facilities, including eight Har-Tru tennis courts, three of which are also marked for pickleball, alongside shuffleboard, fitness facilities, and a soothing sauna. Relax and unwind by one of the two swimming pools or indulge in the spa. For tennis enthusiasts, there's an on-site professional and regular community events to keep you active and engaged. Steps from your doorstep, lounge chairs and beach umbrellas invite you to enjoy serene days beside the Gulf of Mexico. This community of 85 units benefits from on-site management to ensure everything runs smoothly. The condo available offers expansive living with two living areas, ample storage, an oversized interior laundry room, covered parking, newer HVAC system, and two private balconies. For added flexibility, the living areas can be easily separated by a discreet partition. This unit is sold turnkey furnished—simply bring your clothes and tennis racket! Located on the second floor and accessible via elevator, the condo also boasts 750 feet of direct beach access. With top-notch dining, shopping at Publix, banking services, and more all conveniently nearby, every necessity is just within reach. Don’t miss out on the chance to embrace the luxurious Longboat Key lifestyle—schedule your viewing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Thomas 941-544-1160,

    BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY 941-225-7355

    Bought with:

    Candy Genot, 3522625

    BRIGHT REALTY

    Source: Stellar MLS,MLS#: A4635805MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room, Utility Room
    Primary bedroom
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 15x15
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 11x14
    Balcony porch lanai
    • Level: First
    • Dimensions: 9.5x13.5
    Balcony porch lanai
    • Level: First
    • Dimensions: 9.5x13.5
    Dinette
    • Level: First
    • Dimensions: 9x14
    Dining room
    • Level: First
    • Dimensions: 10x10
    Family room
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 11x11
    Kitchen
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 9x13
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 10x18
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Laundry Closet
    Features
    • Ceiling Fan(s), Thermostat
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,484
    • Total interior livable area: 1,484 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Converted Garage, Guest, Under Building
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Sidewalk, Storage
    • Has view: Yes
    • View description: Tennis Court
    • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    Details
    • Parcel number: 7998103076
    • Zoning: R3MX
    • Special conditions: None

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Waterfront, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: CLUB LONGBOAT BEACH & TENNIS
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
    • Services included: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,947 monthly
    • HOA name: Associa Gulf Coast
    • HOA phone: 941-383-6081
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $451/sqft
    • Tax assessed value: $705,500
    • Annual tax amount: $8,223
    • Date on market: 1/14/2025
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/7/2025Sold$670,000-4.3%$451/sqft
    Source: Stellar MLS #A4635805 Report a problem
    2/22/2025Pending sale$700,000$472/sqft
    Source: Stellar MLS #A4635805 Report a problem
    1/14/2025Listed for sale$700,000-6.7%$472/sqft
    Source: Stellar MLS #A4635805 Report a problem
    10/6/2024Listing removed$750,000$505/sqft
    Source: BHHS broker feed #A4606790 Report a problem
    5/20/2024Price change$750,000-3.2%$505/sqft
    Source: Stellar MLS #A4606790 Report a problem
    4/11/2024Listed for sale$775,000+222.9%$522/sqft
    Source: Stellar MLS #A4606790 Report a problem
    3/21/1997Sold$240,000$162/sqft
    Source: Public Record 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 -9.2%$375,000 -6.6%
    2017$6,657 +38.3%$401,700 +21.1%
    2016$4,815 $331,800 +14.9%
    2015$4,815 $288,730 +4.5%
    2014$4,815 +12.9%$276,350 +8.1%
    2013$4,264 +426325%$255,552 +10%
    2012$1 $232,320 +2.3%
    2011$1 $227,100 -10%
    2010-- $252,323 -32%
    2009$6,277 +0.1%$371,064 -2%
    2008$6,270 -1.1%$378,636
    2007$6,339 -11.9%$378,636 -6%
    2006$7,195 +6.8%$402,805 +11%
    2005$6,735 +16.7%$362,887 +19%
    2004$5,773 +3.9%$304,852 +7.8%
    2003$5,556 +6.7%$282,772 +10%
    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

    Neighborhood: 34228

    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.

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    Estimated market value
    $800,000
    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
    $800,000