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Off market
  • $409,200

    5230 Gulf Of Mexico Dr #204, Longboat Key, FL 34228

    1beds
    822sqft
    Condominium
    Built in 1972
    1.36 Acres Lot
    $409,200 Zestimate®
    $498/sqft
    $2,967 Estimated rent

    Home value

    $409,200

    $364,000 - $458,000

    $2,967/mo

    Zestimate® history
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    $3,148/mo

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    $3,148/mo

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    What's special

    Enjoy the pace of a laidback island lifestyle with deeded beach access in this completely updated 2nd floor residence in Longboat Key's established Covert I Community. Enhanced by peek-a-boo Sarasota Bay and Gulf of Mexico views, this 1BR unit is brimming with new features and upgrades, including new windows throughout, luxury vinyl plank flooring, shiplap details, recessed lighting, crown molding, baseboards and more. A recent renovation has opened up the bright, spacious living area to the kitchen, which includes all-new appliances, granite counters, glass tile backsplash, pantry with organizer, and separate dining area. The comfortably sized master suite boasts an abundance of natural light, window treatments, crown molding, and updated master bath with new shower, fixtures, vanity, flooring and lighting. Surrounded by lush landscaping to create a tropical island ambiance, Covert I is an intimate bayside community with 140' fronting Sarasota Bay. Residents have access to a host of exceptional amenities, including a heated pool with an outdoor shower, spacious deck outfitted with chairs and tables perfect for community gatherings, a newly rebuilt fishing pier and kayak launch to explore Sarasota Bay. The HOA is self-managed by owners who are interested in a well-maintained complex. Monthly rentals allowed. Pet policy: one dog maximum weight 35lbs.

    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.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fans(s), Stone Counters, Crown Molding, Window Treatments
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 822 sqft

    Property

    Features
    • Levels: One
    • Exterior features: Cement / Concrete
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay/Harbor
    Lot
    • Size: 1.36 Acres
    Details
    • Parcel number: 7994510555
    • Zoning: R4MX

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1972

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: COVERT I A CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance, Pool, Dock
    • Services included: Community Pool, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Water
    • HOA fee: $425 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $498/sqft
    • Tax assessed value: $212,500
    • Annual tax amount: $2,384
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/19/2020Sold$252,500-6.1%$307/sqft
    Source: Stellar MLS #A4467664 Report a problem
    6/4/2020Pending sale$269,000$327/sqft
    Source: COLDWELL BANKER REALTY #A4467664 Report a problem
    5/26/2020Listed for sale$269,000-3.9%$327/sqft
    Source: COLDWELL BANKER REALTY #A4467664 Report a problem
    7/12/2018Listing removed$279,900$341/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403065 Report a problem
    6/4/2018Price change$279,900+6.4%$341/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/11/2018Listed for sale$263,000+28.3%$320/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/29/2016Sold$205,000-6.8%$249/sqft
    Source: Stellar MLS #A4145543 Report a problem
    4/17/2016Pending sale$219,900$268/sqft
    Source: CENTURY 21 Beggins Enterprises #A4145543 Report a problem
    4/8/2016Price change$219,900-2.2%$268/sqft
    Source: CENTURY 21 Beggins Enterprises #A4145543 Report a problem
    3/3/2016Listed for sale$224,900+24.9%$274/sqft
    Source: CENTURY 21 Beggins Enterprises #A4145543 Report a problem
    6/1/2015Sold$180,000-3.7%$219/sqft
    Source: Stellar MLS #M5843679 Report a problem
    5/5/2015Pending sale$187,000$227/sqft
    Source: CENTURY 21 Beggins Enterprises #M5843679 Report a problem
    1/24/2015Price change$187,000-6.5%$227/sqft
    Source: CENTURY 21 Beggins Enterprises #M5843679 Report a problem
    2/5/2014Listed for sale$199,900+39.8%$243/sqft
    Source: CENTURY 21 BEGGINS ENTERPRISES #M5843679 Report a problem
    12/4/2000Sold$143,000$174/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,384 -37.4%$182,998 -23.1%
    2024$3,808 -2.2%$238,000
    2023$3,893 -4.6%$238,000 +0.6%
    2022$4,080 +9.4%$236,500 +10%
    2021$3,728 +3.7%$215,000 +4.9%
    2020$3,597 -0.5%$205,000
    2019$3,616 $205,000 +5.1%
    2018$3,616 +5.1%$195,000 +13.4%
    2017$3,440 +39.9%$172,000 +14%
    2016$2,459 $150,900 +3%
    2015$2,459 $146,500 0%
    2014$2,459 -9.4%$146,501 -10%
    2013$2,715 +271439%$162,731 +2%
    2012$1 $159,540 -1%
    2011$1 $161,151 -3%
    2010-- $166,136 -20%
    2009$3,417 -4.7%$207,670 -6.5%
    2008$3,585 -10.1%$222,001 -8.9%
    2007$3,989 -6.4%$243,712
    2006$4,261 +16.3%$243,712 +20.6%
    2005$3,664 +20.4%$202,145 +22.8%
    2004$3,043 +13.8%$164,593 +17.7%
    2003$2,674 +13%$139,783 +15%
    2002$2,366 +9.6%$121,550 +10%
    2001$2,160 +22%$110,500 +24.4%
    2000$1,771 $88,821
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $409,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $409,200