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For sale
    • Price cut: $46K (6/15)
    $499,000

    5231 GULF OF MEXICO DRIVE #104, LONGBOAT KEY, FL 34228

    1beds
    720sqft
    : 
    $4,206/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $693/sqft
    $1,000/mo HOA

    What's special

    Completely updatedNew appliancesItalian porcelain tile throughoutFabulous ground floor locationBeautiful counter topsCompletely new kitchenAll new cabinets
    Have you dreamed of the perfect island getaway situated right on a gorgeous stretch of beach on Longboat Key? This is by far the lowest priced direct beachfront condo on the entire island and it is already completely updated! Whether you decide to use it yourself or use it as an investment with outstanding monthly rental income availability, this is the one. With a fabulous ground floor location, you can have your toes in the sand in only a few steps! This condo offers Italian porcelain tile throughout and a completely new kitchen with beautiful counter tops, all new cabinets and new appliances. The bathroom has been beautifully updated as well and features custom tile work in a seaside theme. The view is fabulous in either direction with the sparkling pool out front and the gorgeous Gulf of Mexico out back. The open living and dining area allows plenty of space to entertain or to quietly contemplate whether it’s a beach day, a day for a soak in the pool or a walk to the Covert bayside fishing pier. The bedroom offers the same stunning beach view and features storm rated sliders to the screened in lanai. The midkey location allows for easy access to multiple restaurants and shopping. The tree filled mangrove trails of Joan Durante Park are a birders’ paradise and the 12 mile long bike path give you many options to soak in the sun while getting in your daily exercise. This is island living at its best at a price you may never thought you could find!
    199 days
    |
    487
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    JoDene Moneuse, PA 941-302-4913,

    MICHAEL SAUNDERS & COMPANY 941-383-7591

    Source: Stellar MLS,MLS#: A4676730MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Great room
      • Features: No Closet
      • Level: First
      Kitchen
      • Features: No Closet
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      • Laundry: Inside
      Features
      • Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
      • Flooring: Porcelain Tile
      • Doors: Outdoor Shower
      • Has fireplace: No
      Interior area
      • Total structure area: 783
      • Total interior livable area: 720 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Rear Porch, Screened
      • Exterior features: Irrigation System, Lighting, Outdoor Shower
      • Pool features: Heated, Lighting, Tile
      • Has view: Yes
      • View description: Pool, Water, Beach
      • Has water view: Yes
      • Water view: Water,Beach
      • Waterfront features: Gulf/Ocean Front, Gulf/Ocean, Beach Access, Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Lot
      • Features: FloodZone, City Lot, In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 7994510902
      • Zoning: R3MX
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Pillar/Post/Pier
      • Roof: Built-Up
      Condition
      • Completed
      • New construction: No
      • Year built: 1973

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Gulf/Ocean Front, Pool
      • Pet fee: $0 monthly
      • Subdivision: COVERT II
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Common Area Taxes, Pest Control, Pool Maintenance
      • HOA fee: $1,000 monthly
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $693/sqft
      • Tax assessed value: $132,864
      • Annual tax amount: $6,784
      • Date on market: 1/14/2026
      • Cumulative days on market: 200 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Price change$499,000-8.4%$693/sqft
        Source: Stellar MLS #A4676730 Report a problem
        4/7/2026Price change$545,000-8.4%$757/sqft
        Source: Stellar MLS #A4676730 Report a problem
        2/25/2026Price change$595,000-3.3%$826/sqft
        Source: Stellar MLS #A4676730 Report a problem
        1/14/2026Listed for sale$615,000+2.7%$854/sqft
        Source: Stellar MLS #A4676730 Report a problem
        7/11/2024Listing removed$599,000$832/sqft
        Source: Stellar MLS #A4595436 Report a problem
        3/20/2024Price change$599,000-7.7%$832/sqft
        Source: Stellar MLS #A4595436 Report a problem
        2/19/2024Price change$649,000-7.2%$901/sqft
        Source: Stellar MLS #A4595436 Report a problem
        1/29/2024Price change$699,000-6.8%$971/sqft
        Source: Stellar MLS #A4595436 Report a problem
        1/14/2024Listed for sale$750,000+500%$1,042/sqft
        Source: Stellar MLS #A4595436 Report a problem
        7/7/1997Sold$125,000$174/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,280 -66.4%$132,864 -68.7%
        2024$6,784 -2.4%$425,000
        2023$6,955 -5.4%$425,000 0%
        2022$7,351 +8.7%$425,049 +10%
        2021$6,760 +5.3%$386,408 +10%
        2020$6,422 +5.9%$351,280 +10%
        2019$6,063 +5.8%$319,345 -11.3%
        2018$5,733 $360,000 +18.5%
        2017-- $303,900 +16%
        2016$3,800 $262,000 +20.1%
        2015$3,800 $218,117 0%
        2014$3,800 +4.4%$218,118
        2013$3,640 +363860%$218,118 +2%
        2012$1 $213,841 -1%
        2011$1 $216,001 -3%
        2010-- $222,780 -20%
        2009$4,711 -14.2%$278,476 -16%
        2008$5,490 -4.1%$331,518 -3%
        2007$5,722 -6.3%$341,771
        2006$6,105 +19.5%$341,771 +24.2%
        2005$5,108 +20.6%$275,249 +23%
        2004$4,236 +7.3%$223,714 +11.3%
        2003$3,949 +26.1%$200,974 +30%
        2002$3,130 +16.1%$154,596 +16%
        2001$2,697 -2.1%$133,270
        2000$2,756 $133,270
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34228

        Getting around

        29 / 100
        Car-Dependent
        66 / 100
        Bikeable

        Nearby schools

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

        Source: Stellar 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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