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Off market
  • $1,347,500

    5135 Gulf Of Mexico Dr APT 203, Longboat Key, FL 34228

    3beds
    1,516sqft
    Condominium
    Built in 1985
    1.2 Acres Lot
    $1,347,500 Zestimate®
    $889/sqft
    $5,224 Estimated rent

    Home value

    $1,347,500

    $1.16M - $1.58M

    $5,224/mo

    Zestimate® history
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    $10,205/mo

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    What's special

    Fantastic opportunity to own a 3-bedroom condo on the beach for under $600K. The building is quiet and private with only 8 residences. The unit is spacious and comfortable. The kitchen is updated from original along with very nice tile in most rooms and carpeting in the bedrooms. The unit is in need of fresh paint. The bathrooms are in good condition, but could use some updating. Full size stackable washer and dryer are in the unit. Nice size lanai with a great gulf view. Most of the furnishings stay, unit is staged for sale. The beach is private and quiet. Extra bonus is 2 under building parking spaces and a large storage unit. The unit can be rented monthly. Very nice grounds, this a perfect beach house without all the maintenance of a single-family home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Stone Counters, Walk-In Closet(s), Window Treatments
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,516 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: None
    Features
    • Levels: One
    • Exterior features: Stone, Brick
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    Lot
    • Size: 1.2 Acres
    Details
    • Parcel number: 7996400409
    • Zoning: R3MX

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1985

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Seascape
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Storage
    • Services included: Maintenance Grounds, Trash, Cable TV, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Private Road
    • HOA fee: $1,260 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $889/sqft
    • Tax assessed value: $918,000
    • Annual tax amount: $14,003
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/12/2024Listing removed$589,000-50.9%$389/sqft
    Source: Stellar MLS #A4487138 Report a problem
    3/10/2023Sold$1,200,000-4%$792/sqft
    Source: Public Record Report a problem
    2/10/2023Pending sale$1,250,000$825/sqft
    Source: Stellar MLS #U8182558 Report a problem
    1/9/2023Price change$1,250,000-3.8%$825/sqft
    Source: Stellar MLS #U8182558 Report a problem
    12/1/2022Listed for sale$1,300,000+145.3%$858/sqft
    Source: Stellar MLS #U8182558 Report a problem
    6/15/2021Sold$530,000-10%$350/sqft
    Source: Public Record Report a problem
    3/9/2021Pending sale$589,000$389/sqft
    Source: Stellar MLS #A4487138 Report a problem
    2/16/2021Listed for sale$589,000$389/sqft
    Source: Stellar MLS #A4487138 Report a problem
    1/4/2021Pending sale$589,000$389/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4487138 Report a problem
    12/29/2020Listed for sale$589,000-1.8%$389/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4487138 Report a problem
    11/8/2020Listing removed$599,999$396/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    10/6/2020Listed for rent$5,800-10.8%$4/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4480166 Report a problem
    8/20/2020Price change$599,999-4%$396/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    7/17/2020Price change$624,999-3.8%$412/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    6/26/2020Price change$649,999+4%$429/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    6/24/2020Price change$624,999-3.8%$412/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    5/29/2020Price change$649,900-3.6%$429/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    5/8/2020Listed for sale$674,000$445/sqft
    Source: COLDWELL BANKER REALTY #A4466781 Report a problem
    2/12/2019Listing removed$6,500$4/sqft
    Source: Gulf Coast Rental Homes & Condos Report a problem
    10/30/2018Listed for rent$6,500+12.1%$4/sqft
    Source: Gulf Coast Rental Homes & Condos Report a problem
    9/4/2018Listing removed$5,800$4/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4163094 Report a problem
    4/11/2018Listed for rent$5,800+45%$4/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4163094 Report a problem
    8/2/2016Listing removed$4,000-38.5%$3/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/1/2016Price change$6,500+8.3%$4/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/1/2016Price change$6,000+20%$4/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/1/2015Price change$5,000-9.1%$3/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/21/2015Listed for rent$5,500$4/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,003 -12.1%$918,000 -11.5%
    2024$15,936 +31.2%$1,037,000 +40.3%
    2023$12,149 +13.2%$739,200 +10%
    2022$10,732 +15.3%$672,000 +21.1%
    2021$9,311 -1.3%$555,000
    2020$9,430 +1.8%$555,000 +0.9%
    2019$9,262 $550,000 +1.9%
    2018$9,262 +0.2%$540,000 -2.3%
    2017$9,245 +20.7%$552,500 +10%
    2016$7,660 $502,500 +10%
    2015$7,660 $456,900 +3.9%
    2014$7,660 +4.4%$439,625
    2013$7,336 +733477%$439,625 -6%
    2012$1 $467,686 -5%
    2011$1 $492,301 -3%
    2010-- $507,547 -12%
    2009$9,757 -8.1%$576,758 -10%
    2008$10,613 -11%$640,842 -10%
    2007$11,921 -6.3%$712,046
    2006$12,719 +7.8%$712,046 +12%
    2005$11,799 +23.6%$635,755 +26.1%
    2004$9,545 +4.1%$504,064 +8%
    2003$9,171 +60.1%$466,727 +65%
    2002$5,728 +10.1%$282,865 +10%
    2001$5,205 +7.7%$257,145 +10%
    2000$4,835 $233,772
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $1,347,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,347,500