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Off market
  • $474,300

    5260 Gulf Of Mexico Dr Unit 409, Longboat Key, FL 34228

    2beds
    1,278sqft
    Condo
    Built in 1974
    -- sqft lot
    $474,300 Zestimate®
    $371/sqft
    $5,079 Estimated rent

    Home value

    $474,300

    $408,000 - $545,000

    $5,079/mo

    Zestimate® history
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    $5,079/mo

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    $3,776/mo

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    $3,776/mo

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    What's special

    Banyan Bay, a beach to bay complex is one of the most relaxed condo communities on Longboat Key. This first floor residence is truly special. The kitchen has been updated with wood cabinets and granite counters, the floors are tile (except for 2nd bedroom), a small office has been created off the master bedroom. The master bathroom has tiled walk in shower. There is lush landscaping and a good view of the bay from the patio. Amenities include pool, tennis court, pickleball court, fitness room, clubhouse, storage room for bicycles, a day dock for ease in launching kayaks, canoes, sunfish. The gulf side has a wonderful beach where beach chairs are provided for owners. All the fine cultural and dining opportunities found in Sarasota, St. Armands Circle and Anna Maria Island are all a short ride away. It doesn't get much better than life on Longboat Key! One large pet welcomed.

    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
    • Full bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,278 sqft

    Property

    Parking
    • Parking features: Covered, Carport
    Features
    • Exterior features: Stone, Brick
    Details
    • Parcel number: 7993811400

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1974

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $619 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $151,725
    • Annual tax amount: $2,507

    Price history

    DateEventPrice
    6/1/2022Sold$560,000-0.9%$438/sqft
    Source: Public Record Report a problem
    3/29/2022Pending sale$565,000$442/sqft
    Source: Stellar MLS #A4529597 Report a problem
    3/25/2022Listed for sale$565,000+40%$442/sqft
    Source: Stellar MLS #A4529597 Report a problem
    10/27/2015Sold$403,500-2.8%$316/sqft
    Source: Stellar MLS #A4129399 Report a problem
    8/15/2015Listed for sale$415,000+19.3%$325/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/4/2002Sold$348,000+88.1%$272/sqft
    Source: Public Record Report a problem
    3/29/2000Sold$185,000$145/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,507 -65.6%$151,725 -67.8%
    2024$7,291 +4.1%$471,750 +6.7%
    2023$7,005 +41.3%$442,000 +71%
    2022$4,958 +22.5%$258,500 +10%
    2021$4,048 +4.5%$235,000 +6.8%
    2020$3,873 +9.7%$220,000 +10%
    2019$3,531 $200,000 -25.9%
    2018$3,531 -24.7%$270,000 +12%
    2017$4,690 +44.6%$240,990 +5%
    2016$3,243 $229,500 +18.8%
    2015$3,243 $193,200 0%
    2014$3,243 +3.6%$193,201 +3%
    2013$3,130 +312917%$187,589
    2012$1 $187,589 -8%
    2011$1 $203,901 -14%
    2010-- $237,110 -4.5%
    2009$4,087 -18.5%$248,360 -20%
    2008$5,013 -1.3%$310,450
    2007$5,081 -9.4%$310,450 -3.3%
    2006$5,611 +8%$320,907 +12%
    2005$5,193 +10.6%$286,524 +12.8%
    2004$4,694 +2.2%$253,936 +5.7%
    2003$4,595 +32.7%$240,173 +35%
    2002$3,464 +13.3%$177,906 +13.8%
    2001$3,057 +3.3%$156,400 +5.4%
    2000$2,959 $148,375
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $474,300
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    Estimated market value
    $474,300