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Sold for $1,005,000
  • $1,005,000

    5055 Gulf Of Mexico Dr #426, Longboat Key, FL 34228

    3beds
    1,632sqft
    Condominium
    Built in 1975
    -- sqft lot
    $930,100 Zestimate®
    $616/sqft
    $5,646 Estimated rent

    Home value

    $930,100

    $837,000 - $1.03M

    $5,646/mo

    Zestimate® history
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    What's special

    The best beachfront value on Longboat Key awaits, where the beach, tennis and lush tropical grounds converge to make this turnkey furnished, 1,636+/- sq.-ft., 3BR/3BA, two-story former developer's residence your private beachside oasis. As you step inside, you'll be captivated by the fresh, spacious and stylish interiors that exude a modern coastal ambiance, as gorgeous wood porcelain floors, the open plan and soaring 9.5-foot ceilings create a sense of grandeur and airiness. Descend to the lower level, where the oversized master suite beckons with an ensuite bathroom, generous storage space and a wonderful sitting area or office overlooking the manicured grounds and tennis courts, providing a serene backdrop for your daily routine. A second guest room and bathroom on this level ensure privacy and tranquility for every member of your family or guests. This exceptional home has been a cherished part of the owner's family for over 25 years, undergoing an extensive remodel in 2017 in which no detail was untouched. From new plumbing and HVAC systems to custom kitchen cabinets and top-of-the-line appliances, every aspect has been thoughtfully curated to provide you with the ultimate in modern luxury living. Step outside on the open terrace and you'll find yourself immersed in a resort-style setting, where a myriad of active amenities is available for the enjoyment of your family and friends. With 750’ of prime beach frontage Longboat Beach & Tennis Club offers residents 8 Har-Tru tennis courts, pickleball courts, 2 heated pools, a fitness center, and one covered parking space with plenty of guest parking. Pet friendly with no weight restrictions. Enjoy great rental income potential with a one-month minimum rental max 12 times a year.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Ryan Ackerman, PA 305-205-7700,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Janelle Miller, 3528714

    MARCUS & COMPANY REALTY

    Source: Stellar MLS,MLS#: A4611290MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 15x20
    Bedroom 2
    • Features: Built-in Closet
    • Level: Upper
    • Dimensions: 10x10
    Bathroom 3
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    Dining room
    • Level: Upper
    • Dimensions: 14x9
    Kitchen
    • Level: Upper
    • Dimensions: 10x11
    Living room
    • Level: Upper
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Cooktop, Disposal, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Chute
    Features
    • High Ceilings, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet
    • Doors: Sliding Doors
    • Windows: Blinds
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,632 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Ground Level, Guest, Open, Under Building
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony, Lighting, Storage, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Details
    • Parcel number: 7998103159
    • Zoning: R3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Block, Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool
    Location
    • Region: Longboat Key
    • Subdivision: CLUB LONGBOAT BEACH & TENNIS

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $1,844 monthly
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s)
    • Services included: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • Association name: Jon Riley
    • Association phone: 941-383-6081
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/30/2024Sold$1,005,000-6.5%$616/sqft
    Source: Stellar MLS #A4611290 Report a problem
    9/20/2024Pending sale$1,075,000$659/sqft
    Source: Stellar MLS #A4611290 Report a problem
    9/20/2024Listed for sale$1,075,000$659/sqft
    Source: Stellar MLS #A4611290 Report a problem
    8/10/2024Listing removed$1,075,000-1.3%$659/sqft
    Source: Stellar MLS #A4611290 Report a problem
    5/22/2024Listed for sale$1,089,000+373.5%$667/sqft
    Source: Stellar MLS #A4611290 Report a problem
    9/23/1998Sold$230,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,777 +34.9%$756,500 +57.9%
    2024$8,733 +4.6%$479,160 +10%
    2023$8,349 +15.4%$435,600 +10%
    2022$7,233 +15.2%$396,000 +10%
    2021$6,277 -2.5%$360,000 -1.4%
    2020$6,440 +0.9%$365,000
    2019$6,384 $365,000 -7.6%
    2018$6,384 -0.8%$395,000 +17.2%
    2017$6,438 +51.5%$337,000 +15.5%
    2016$4,250 $291,700 +15%
    2015$4,250 $253,650 +4%
    2014$4,250 +12.9%$243,905 +8.2%
    2013$3,763 +376211%$225,519 +10%
    2012$1 $205,017 +2.3%
    2011$1 $200,400 -10%
    2010-- $222,619 -32%
    2009$5,538 +0.1%$327,381 -2%
    2008$5,532 -1.1%$334,062
    2007$5,593 -11.9%$334,062 -6%
    2006$6,348 +6.8%$355,386 +11%
    2005$5,942 +16.7%$320,167 +19.1%
    2004$5,092 +3.9%$268,928 +7.8%
    2003$4,903 +4.7%$249,510 +7.9%
    2002$4,683 +30.1%$231,243 +30%
    2001$3,600 +2.8%$177,878 +5%
    2000$3,504 $169,408

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $930,100
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    Estimated market value
    $930,100