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Off market
  • $639,200

    5231 Gulf Of Mexico Dr APT 308, Longboat Key, FL 34228

    3beds
    990sqft
    Condo
    Built in 1973
    -- sqft lot
    $639,200 Zestimate®
    $646/sqft
    $4,875 Estimated rent

    Home value

    $639,200

    $575,000 - $716,000

    $4,875/mo

    Zestimate® history
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    $4,875/mo

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    $4,461/mo

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    $4,461/mo

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    What's special

    Beachside 2 bedroom plus den top floor northwest corner condo with views out to the Gulf and sunsets! Rarely available opportunity to live Gulf front in a 2 bedroom /den residence at Covert II. The square footage inside the living area is enhanced by the enclosed exterior porch off the living room. There is a dining area adjacent to the living room with a pass through to the kitchen. Amenities include a beautiful heated pool Gulfside. There is a management team and the rental program is one month twelve times per year. Incredible opportunity to own a vacation home or investment property beachside. Fine dining on Longboat Key plus St.Armands Circle is a short drive away plus upscale shopping on St. Armands and downtown Sarasota is nearby. This residence is being sold furnished.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal
    Features
    • Ceiling Fans(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 990 sqft

    Property

    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: Beach - Private
    Details
    • Parcel number: 7994511900
    • Zoning: R3MX

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1973

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: A CONDO, COVERT II
    HOA
    • Has HOA: Yes
    • Services included: Community Pool
    • HOA fee: $283 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $646/sqft
    • Tax assessed value: $459,000
    • Annual tax amount: $7,254

    Price history

    DateEventPrice
    6/24/2021Sold$560,000-13.2%$566/sqft
    Source: Public Record Report a problem
    2/10/2021Price change$645,000-5.8%$652/sqft
    Source: Stellar MLS #A4483968 Report a problem
    1/18/2021Price change$685,000-6%$692/sqft
    Source: Stellar MLS #A4483968 Report a problem
    11/25/2020Listed for sale$729,000+191.6%$736/sqft
    Source: DEVELOPERS REALTY INC #A4483968 Report a problem
    5/18/2001Sold$250,000$253/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,254 -11.1%$459,000 -10.7%
    2024$8,156 -2.5%$514,250
    2023$8,362 -8.5%$514,250 -7.6%
    2022$9,141 +14.7%$556,500 +21%
    2021$7,970 +2%$460,000 +3.4%
    2020$7,814 +1.3%$445,000 +0.7%
    2019$7,716 $441,892 +4%
    2018$7,716 +5.7%$425,000 +10.4%
    2017$7,300 +38.8%$385,100 +16%
    2016$5,259 $332,000 +10%
    2015$5,259 $301,829 0%
    2014$5,259 +4.4%$301,830
    2013$5,036 +503545%$301,830 +2%
    2012$1 $295,912 -1%
    2011$1 $298,901 -3%
    2010-- $308,155 -20%
    2009$6,516 -9.1%$385,193 -11%
    2008$7,167 -5.8%$432,801 -4.7%
    2007$7,607 -6.3%$454,374
    2006$8,116 +19.8%$454,374 +24.5%
    2005$6,775 +20.5%$365,071 +23%
    2004$5,622 +14.7%$296,879 +19%
    2003$4,902 +26.2%$249,474 +30%
    2002$3,886 +12.1%$191,903 +12%
    2001$3,468 -2.1%$171,338
    2000$3,544 $171,338
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $639,200
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    Estimated market value
    $639,200