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Sold for $630,000
  • $630,000

    5260 GULF OF MEXICO DRIVE #412, LONGBOAT KEY, FL 34228

    3beds
    1,453sqft
    Condominium
    Built in 1974
    -- sqft lot
    $673,300 Zestimate®
    $434/sqft
    $5,237 Estimated rent

    Home value

    $673,300

    $599,000 - $761,000

    $5,237/mo

    Zestimate® history
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    What's special

    Welcome to Longboat Key and this spacious, light-filled 3-bedroom, 3-bathroom TurnKey Furnished condo showcasing bay views, 2 balconies, and vaulted ceilings. Located in a wonderful community offering kayaking, a fishing pier, heated pool, deeded beach, covered parking, and a very flexible pet policy, you're sure to love this home. Nestled amidst lush greenery and serene bay vistas, this tranquil retreat offers that sought after gulf-to-bay lifestyle where you can kayak on Sarasota Bay in the morning and enjoy glorious sunsets on your deeded Gulf of Mexico beach in the evening. Entering this second-floor home, you are greeted by an airy space with vaulted ceilings (no one living above) and natural wood accents creating an inviting ambiance and seamless connection to the beauty of the tropical gardens. Plus you’ll love the peace of mind that only elevated living can provide. This thoughtfully designed, open-concept layout seamlessly blends the vaulted great room with the wall-to-wall glass sliders, framing the picturesque views. Unwind on the screened balcony overlooking the bay or the open-air balcony off the kitchen, each providing a private oasis to soak in the serene surroundings. The primary bedroom is a sanctuary unto itself. It features vaulted ceilings, custom closet, ensuite bath complete with a double bowl vanity and separate shower/commode room plus a screened balcony offering a secluded spot to unwind and enjoy the gentle breezes. On the same floor, the junior suite also has vaulted ceilings plus an ensuite bath, providing a comfortable haven for guests or family members. Ascend to the very private loft, and you'll find a third bedroom with ensuite bath and a second living room (providing flexibility and privacy as a den, home office or 4th sleeping space). Ensuring convenience, there's in-unit laundry plus covered carport parking located right outside the front door. Banyan Bay is a very well-maintained community having passed its milestone inspection and obtaining recertification for another 10 years. It allows rentals up to 4/year with a one month minimum lease period, providing a wonderful opportunity for rental income yet maintaining the quiet, residential feel of the community. For your enjoyment, Banyan Bay has resort-style amenities including a heated pool, deeded beach directly across the street at the gulf-side portion of Banyan Bay, complimentary beach and pool chaises, on-site tennis and pickleball, day dock, fishing pier, kayaking, and a clubhouse with fitness center, catering kitchen, and gathering hall for entertaining. Please know your furry friends are very welcome and will love it here too. Rare to find, the HOA documents don't impose restrictions on the number, size, or weight of pets! When venturing beyond your personal oasis, this condo has an enviable location just minutes from the restaurants and water sport activities of Anna Maria Island to the north plus the charming restaurants, shops and cultural activities of St. Armands Circle and downtown Sarasota to the south. You can even walk one block to a diner, ice cream parlor, the Lazy Lobster Restaurant, La Norma Italian Restaurant, a pilates studio and charming boutiques in the nearby Centre Shops outdoor mini mall. Why wait? Make this unique condo your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Eileen Gillen, PLL 941-993-0370,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Nichole Moody, 3190840

    RE/MAX REALTY UNLIMITED

    Source: Stellar MLS,MLS#: A4612093MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Great Room, Utility Room, Loft
    Primary bedroom
    • Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Shower No Tub, Built-in Closet
    • Level: First
    • Dimensions: 15x15
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 12x12
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: Second
    • Dimensions: 12x10
    Dining room
    • Level: First
    • Dimensions: 11x15
    Kitchen
    • Level: First
    • Dimensions: 9x12
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 15x16
    Loft
    • Features: Ceiling Fan(s)
    • Level: Second
    • Dimensions: 12x12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet, Same Floor As Condo Unit
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s)
    • Flooring: Carpet, Tile, Hardwood
    • Doors: Outdoor Grill, Sliding Doors
    • Windows: Blinds, Drapes, Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,589
    • Total interior livable area: 1,453 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Ground Level, Guest
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Front Porch, Screened
    • Exterior features: Balcony, Lighting, Outdoor Grill, Sidewalk, Storage, Tennis Court(s)
    • Pool features: Child Safety Fence, Deck, Gunite, Heated, In Ground, Outside Bath Access
    • Has view: Yes
    • View description: Garden, Trees/Woods, Water, Bay/Harbor - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial
    • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Beach Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Fishing Pier, Sailboat Water
    • Body of water: SARASOTA BAY/GULF OF MEXICO
    Lot
    • Features: FloodZone, City Lot, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 7993811558
    • Zoning: R4MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Elevated
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Sidewalks
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: THE BANYAN BAY CLUB
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Storage, Tennis Court(s), Vehicle Restrictions
    • Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,482 monthly
    • HOA name: Shane Raniere
    • HOA phone: 941-921-5393
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $434/sqft
    • Tax assessed value: $484,500
    • Annual tax amount: $3,685
    • Date on market: 6/8/2024
    • Cumulative days on market: 258 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    8/30/2024Sold$630,000-3.1%$434/sqft
    Source: Stellar MLS #A4612093 Report a problem
    7/25/2024Pending sale$650,000$447/sqft
    Source: Stellar MLS #A4612093 Report a problem
    6/8/2024Listed for sale$650,000-3.7%$447/sqft
    Source: Stellar MLS #A4612093 Report a problem
    6/1/2024Listing removed--
    Source: Stellar MLS #A4587964 Report a problem
    4/3/2024Price change$675,000-2.9%$465/sqft
    Source: Stellar MLS #A4587964 Report a problem
    3/13/2024Price change$695,000-7.3%$478/sqft
    Source: Stellar MLS #A4587964 Report a problem
    2/19/2024Price change$750,000-6.1%$516/sqft
    Source: Stellar MLS #A4587964 Report a problem
    11/1/2023Listed for sale$799,000+249.2%$550/sqft
    Source: Stellar MLS #A4587964 Report a problem
    7/21/1999Sold$228,800+34.6%$157/sqft
    Source: Public Record Report a problem
    8/18/1994Sold$170,000$117/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,444 +99.9%$484,500 +78.1%
    2024$3,725 +1.1%$272,043 +3%
    2023$3,686 +2.2%$264,119 +3%
    2022$3,606 -0.9%$256,426 +3%
    2021$3,638 +0.7%$248,957 +1.4%
    2020$3,614 +1.9%$245,520 +2.3%
    2019$3,546 $240,000 -13.4%
    2018$3,546 -15.7%$277,185 +2.1%
    2017$4,208 +5%$271,484 +2.1%
    2016$4,008 $265,900 +11.3%
    2015$4,008 $238,800 0%
    2014$4,008 +3.6%$238,801 +3%
    2013$3,868 +386742%$231,832
    2012$1 $231,832 +7%
    2011$1 $216,665 -26.1%
    2010-- $292,990 -4.5%
    2009$5,050 -18.5%$306,900 -20%
    2008$6,194 -1.3%$383,625
    2007$6,278 -9.5%$383,625 -3.3%
    2006$6,934 +8%$396,563 +12%
    2005$6,418 +10.6%$354,074 +12.8%
    2004$5,801 +2.2%$313,799 +5.8%
    2003$5,676 +32.7%$296,730 +35%
    2002$4,279 +14.5%$219,800 +15%
    2001$3,736 +7.8%$191,133 +10%
    2000$3,465 $173,759
    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: 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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    Estimated market value
    $673,300
    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
    $673,300