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Sold for $885,000
  • $885,000

    5201 GULF OF MEXICO DRIVE #103, LONGBOAT KEY, FL 34228

    2beds
    1,184sqft
    Condominium
    Built in 1980
    -- sqft lot
    $856,400 Zestimate®
    $747/sqft
    $4,335 Estimated rent

    Home value

    $856,400

    $779,000 - $942,000

    $4,335/mo

    Zestimate® history
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    What's special

    Are you dreaming of the perfect island getaway? Experience luxury and relaxation in this stunningly renovated Gulf-front condominium, where paradise meets coastal charm. Step outside to immerse yourself in refreshing sea breezes, the gentle sound of waves, and captivating views of the sparkling Gulf of Mexico. This bright and airy two-bedroom, two-bathroom en-suite unit is nestled in an exclusive boutique complex featuring only eight residences, set on the serene northern half of Longboat Key. Meticulously designed for coastal living, this home boasts driftwood-inspired tile floors, elegant white wood cabinetry, exquisite quartz countertops, stainless steel appliances, and graceful plantation shutters. The guest bathroom is complete with a Jacuzzi brand tub/shower enclosure, while modern conveniences include a 2022 water heater and a 2024 washer and dryer. The recently renovated community pool offers a perfect spot for relaxation. Accessing this elevated first-floor unit is a breeze, with just three stair steps to your door. Plus, enjoy the added bonus of a storage unit—perfect for bikes, beach gear, and fishing equipment. Hurricane-rated windows and sliding doors kept the building safe and dry during the last hurricane season, with no damage or water intrusion. Location is everything! You are just half a mile from the vibrant Centre Shops of Longboat Key, & numerous delightful restaurants. This fantastic condo comes fully furnished and provides flexible rental options— enjoy two-week rentals from April to December or monthly rentals from January to March. Don't miss out on this exceptional opportunity to own your slice of paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Niedospial 941-780-2884,

    ALBERT WOOSTER & COMPANY 941-350-1220

    Bought with:

    Jordan Sizemore, 3623413

    S & D REAL ESTATE SERVICE LLC

    Source: Stellar MLS,MLS#: A4634093MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 198 Square Feet
    • Dimensions: 11x18
    Bedroom 2
    • Features: En Suite Bathroom, Storage Closet
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 11x15
    Great room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 351 Square Feet
    • Dimensions: 13x27
    Kitchen
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 8x12
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Doors: Outdoor Shower, Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Parking features: Assigned, Guest
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Rear Porch, Screened
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Storage
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Gulf/Ocean Access
    Details
    • Additional structures: Storage
    • Parcel number: 7995600207
    • Zoning: R3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida,Traditional
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Fishing, Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Pool, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: GULF FRONT
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Storage
    • Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash
    • HOA fee: $1,616 monthly
    • HOA name: Gulf Front Condo Association
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $747/sqft
    • Tax assessed value: $224,315
    • Annual tax amount: $11,086
    • Date on market: 1/23/2025
    • Cumulative days on market: 34 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/7/2025Sold$885,000-6.8%$747/sqft
    Source: Stellar MLS #A4634093 Report a problem
    2/27/2025Pending sale$950,000$802/sqft
    Source: Stellar MLS #A4634093 Report a problem
    1/23/2025Listed for sale$950,000+46.2%$802/sqft
    Source: Stellar MLS #A4634093 Report a problem
    10/31/2018Sold$650,000-2.3%$549/sqft
    Source: Stellar MLS #A4410262 Report a problem
    9/11/2018Pending sale$665,000$562/sqft
    Source: Premier Sotheby's International Realty #A4410262 Report a problem
    8/7/2018Listed for sale$665,000+23.7%$562/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4410262 Report a problem
    2/20/2015Sold$537,500-2.1%$454/sqft
    Source: Public Record Report a problem
    9/24/2014Listed for sale$549,000-8.3%$464/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4105403 Report a problem
    7/31/2014Listing removed$599,000$506/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A3991657 Report a problem
    1/28/2014Listed for sale$599,000$506/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A3991657 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,866 -66.5%$224,315 -69%
    2024$11,547 +1.6%$722,500 +7.6%
    2023$11,361 +7.2%$671,550 +10%
    2022$10,596 +8.6%$610,500 +10%
    2021$9,755 +0.5%$555,000 +1.8%
    2020$9,705 +2.7%$545,000 +1.9%
    2019$9,454 $535,000 +3.9%
    2018$9,454 +2.7%$515,000 +11.2%
    2017$9,204 +35.7%$463,120 +3%
    2016$6,785 $449,820 +10%
    2015$6,785 $408,920 +5%
    2014$6,785 +4.4%$389,427
    2013$6,498 +649713%$389,427 +10%
    2012$1 $354,025 -1%
    2011$1 $357,601 -10%
    2010-- $397,340 -14%
    2009$7,816 -13.2%$462,023 -15%
    2008$9,002 -8%$543,556 -7%
    2007$9,785 -0.7%$584,468 +6%
    2006$9,849 +10.7%$551,385 +15%
    2005$8,898 +1.9%$479,465 +3.9%
    2004$8,736 +0.2%$461,351 +4%
    2003$8,717 +28.1%$443,609 +32%
    2002$6,805 +10.1%$336,066 +10%
    2001$6,184 +22.3%$305,511 +25%
    2000$5,055 $244,417
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $856,400
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    Estimated market value
    $856,400