Welcome to a haven of elegance and style, painstakingly transformed through meticulous renovations in this spectacular 2BR/2BA penthouse, nestled in desirable Building #5 of Club Longboat Beach & Tennis. Here, sumptuous beachfront living reaches its pinnacle against the backdrop of unobstructed Gulf views, evoking the sensation of living on a luxurious cruise, with the shimmering water as your exquisite backdrop and the sunsets painting the sky with vibrant hues. Every detail of this residence has been thoughtfully reimagined from its structural redesign down to the studs, to create a masterpiece of design panache. Upon entry, be greeted by gorgeous wood floors that flow seamlessly throughout the main living areas, complemented an unbelievable architecturally stunning 12’ beamed cathedral ceilings in the open great room, all in pristine white, adding a touch of drama and glamor. The kitchen stands as a showpiece of modern luxury featuring 9 foot ceilings, a center island with four bar stools, top-of-the-line appliances including a Sub-Zero refrigerator, Wolf induction range, and Miele dishwasher, along with a large walk-in pantry. The combination dining room and great room/bar lounge area is complete with a wet sink and a 42-bottle dual zone Sub-Zero wine cooler and a separate Sub-Zero beverage cooler, with direct access to the terrace for unobstructed postcard sunsets! The primary suite offers both space and comfort, with a cozy sitting area, access to one of the Gulf-front terraces and a custom-fitted walk-in closet. The primary bath is a sanctuary of luxury, adorned with marble touches, dual vanities, a glass walk-in shower and a separate water closet. Guest accommodations are equally inviting, with the guest bath exuding sophistication with its marble finishes. Plenty of closets including a convenient interior activity storage room. Step out onto the two open, expansive Gulf-front terraces with electric awnings where you can bask in quiet relaxation or entertain guests against the breathtaking backdrop of the Gulf of Mexico. Quality furnishings professionally selected to highlight the elegant but casual style is flawless. All new hurricane impact windows and sliders, plus $50k Savant home automation system and fully automated shades. Club Longboat Beach & Tennis is a pet-friendly community with two heated pools, an adult pool with jacuzzi, a fitness center with sauna/locker rooms, a clubhouse and 8 Har-Tru tennis courts, complete with a tennis professional and ball machine. Ready for immediate occupancy. This home is a win-win!
Sold for $1,650,000
$1,650,000
5055 GULF OF MEXICO DRIVE #535, LONGBOAT KEY, FL 34228
2beds
1,509sqft
Condominium
Built in 1973
-- sqft lot
$1,429,500 Zestimate®
$1,093/sqft
$7,091 Estimated rent
Home value
$1,429,500
$1.29M - $1.62M
$7,091/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ryan Ackerman, PA 305-205-7700,
COLDWELL BANKER REALTY 941-383-6411
Bought with:
Ian Addy, PA, 3066979
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4606759
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Great Room, Utility Room
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 20x13
Bedroom 2
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 10x17
Dining room
- Level: First
- Dimensions: 8x13
Great room
- Features: Bar, Stone Counters, Wet Bar
- Level: First
- Dimensions: 13x9
Kitchen
- Level: First
Living room
- Level: First
- Dimensions: 14x15
Heating
- Central, Electric, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Wine Refrigerator
- Laundry: Inside
Features
- Cathedral Ceiling(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Wet Bar
- Flooring: Carpet, Engineered Hardwood, Marble
- Doors: Sliding Doors
- Windows: Blinds, Storm Window(s), Shades, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,509
- Total interior livable area: 1,509 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Ground Level, Guest, Reserved, Under Building
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Rear Porch
- Exterior features: Awning(s), Balcony, Lighting, Tennis Court(s)
- Pool features: Heated, In Ground, Lighting
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: 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: 6.17 Acres
- Features: Cleared, FloodZone
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Parcel number: 7998104256
- Zoning: R3MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Custom,Other
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab, Stem Wall
- Roof: Membrane,Shingle
Condition
- Completed
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool
- Pet fee: $0 monthly
- Subdivision: CLUB LONGBOAT BEACH & TENNIS
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, 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: $1,844 monthly
- HOA name: Jon Riley
- HOA phone: 941-383-6081
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,093/sqft
- Tax assessed value: $1,096,500
- Annual tax amount: $12,086
- Date on market: 4/15/2024
- Cumulative days on market: 66 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2024 | Sold | $1,650,000-7.7%$1,093/sqft |
Source:  Stellar MLS #A4606759 Report a problem | ||
| 6/25/2024 | Pending sale | $1,787,000$1,184/sqft |
Source: Stellar MLS #A4606759 Report a problem | ||
| 6/9/2024 | Price change | $1,787,000-10.4%$1,184/sqft |
Source: Stellar MLS #A4606759 Report a problem | ||
| 4/16/2024 | Listed for sale | $1,995,000+165.6%$1,322/sqft |
Source: Stellar MLS #A4606759 Report a problem | ||
| 4/19/2017 | Sold | $751,000$498/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,922 +33.8% | $1,096,500 +55.4% |
| 2024 | $12,644 +4.6% | $705,430 +10% |
| 2023 | $12,086 +15.5% | $641,300 +10% |
| 2022 | $10,465 +15.1% | $583,000 +10% |
| 2021 | $9,089 -1.2% | $530,000 |
| 2020 | $9,203 +2.8% | $530,000 +1.9% |
| 2019 | $8,953 | $520,000 -8% |
| 2018 | $8,953 -9.3% | $565,000 +47.7% |
| 2017 | $9,870 +72.1% | $382,588 +2.1% |
| 2016 | $5,736 | $374,719 +0.7% |
| 2015 | $5,736 | $372,114 +0.8% |
| 2014 | $5,736 +5.9% | $369,161 +1.5% |
| 2013 | $5,416 +541456% | $363,705 +1.7% |
| 2012 | $1 | $357,625 +2.3% |
| 2011 | $1 | $349,590 -10% |
| 2010 | -- | $388,435 -32% |
| 2009 | $9,006 -2.5% | $571,227 -2% |
| 2008 | $9,239 -5.3% | $582,885 |
| 2007 | $9,759 -11.9% | $582,885 -6% |
| 2006 | $11,076 +6.8% | $620,090 +11% |
| 2005 | $10,368 +16.7% | $558,640 +19% |
| 2004 | $8,887 +3.9% | $469,305 +7.8% |
| 2003 | $8,555 +14.5% | $435,383 +18% |
| 2002 | $7,471 +6% | $368,968 +6% |
| 2001 | $7,045 +12.5% | $348,082 +15% |
| 2000 | $6,260 | $302,683 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 7.6 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.6 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 6.9 mi
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Estimated market value
$1,429,500
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Estimated market value
$1,429,500
- Florida
- Manatee County
- Longboat Key
- 34228
- 5055 GULF OF MEXICO DRIVE Unit 535
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