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  • $687,000

    5201 Gulf Of Mexico Dr #201, Longboat Key, FL 34228

    2beds
    2baths
    1,296sqft
    Condo
    Built in 1980
    -- sqft lot
    $687,000 Zestimate®
    $530/sqft
    $4,644 Estimated rent

    Home value

    $687,000

    $605,000 - $783,000

    $4,644/mo

    Zestimate® history
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    $4,545/mo

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    What's special

    Short Sale. Beautiful and spacious 2 bedroom, 2 bath condo on the sands of Longboat Key. Small & quaint complex with only 8 total units providing the privacy & solitude you deserve. This rarely available condo has large rooms within a flowing floor plan. Large open kitchen with snack bar overlooking combined dining/living area. Covered & screened lanai with dual access from dining to living room. Lanai space perfect for taking in the great gulf view and salty breezes. Oversized bedrooms with ample closet space. Access to guest bathroom from both the hallway and guest bedroom, providing the ability to have a second master suite. Master suite with large double windows and his and her closets. Master bathroom with tub and separate shower. Newer laminated impact glass windows have been installed. New A/C installed Nov 2014. Wonderful heated community pool with private pavered deck area, multiple loungers, tables, chairs and umbrellas. Communal storage area for all your beach gear right next to the community outdoor shower. Community loungers provided right on the sand to make it easy to enjoy every second of your beachfront home. Excellent location, located on the sleepy and peaceful north end of Longboat Key, yet still near all your amenities. Near community parks, recreation, shopping, dining and transit. This property is perfect for your ideal beach front second home. Call to see this property today! Excellent rental history with future tenants in place.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,296 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Stone, Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1.1 Acres
    Details
    • Parcel number: 7995600306

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1980

    Community & HOA

    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $530/sqft
    • Tax assessed value: $446,250
    • Annual tax amount: $7,251

    Price history

    DateEventPrice
    7/24/2015Sold$370,000-11.7%$285/sqft
    Source: Stellar MLS #M5901604 Report a problem
    4/15/2015Pending sale$419,000$323/sqft
    Source: CENTURY 21 Beggins Enterprises #M5901604 Report a problem
    3/21/2015Price change$419,000-8.7%$323/sqft
    Source: CENTURY 21 Beggins Enterprises #M5901604 Report a problem
    8/22/2014Listed for sale$459,000-16.5%$354/sqft
    Source: CENTURY 21 Beggins Enterprises #M5901604 Report a problem
    5/14/2013Listing removed$550,000$424/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/13/2012Listed for sale$550,000+110.7%$424/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/9/1999Sold$261,000$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,251 -11%$446,250 -11%
    2024$8,151 +1.6%$501,500 +7.7%
    2023$8,019 +7%$465,850 +10%
    2022$7,493 +8.5%$423,500 +10%
    2021$6,903 +1.3%$385,000 +2.7%
    2020$6,817 +3.4%$375,000 +2.7%
    2019$6,591 $365,000 +4.3%
    2018$6,591 +2.4%$350,000 -0.8%
    2017$6,434 +13.1%$353,000 +2.9%
    2016$5,690 $342,900
    2015$5,690 $342,900 +5%
    2014$5,690 +4.4%$326,592
    2013$5,450 +544864%$326,592 +10%
    2012$1 $296,902 -1%
    2011$1 $299,901 -9.9%
    2010-- $332,912 -14%
    2009$6,549 -13.2%$387,107 -15%
    2008$7,542 -8%$455,420 -7%
    2007$8,198 -1.6%$489,699 +5%
    2006$8,331 +10.7%$466,380 +15%
    2005$7,527 +1.9%$405,548 +3.9%
    2004$7,389 +0.2%$390,224 +4%
    2003$7,373 +28.1%$375,216 +32%
    2002$5,756 +10%$284,254 +10%
    2001$5,230 +17.4%$258,414 +20%
    2000$4,454 $215,340
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $687,000
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    Estimated market value
    $687,000