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For sale
  • $550,000

    5260 GULF OF MEXICO DRIVE #413, LONGBOAT KEY, FL 34228

    2beds
    1,155sqft
    : 
    $5,297/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $476/sqft
    $1,763/mo HOA

    What's special

    Private rear patioHeated poolFishing pierBright open floor planGround-floor bayside condominiumSarasota bay viewsConvenient ground-floor location
    Move-in-ready condition, ground-floor bayside condominium with Sarasota Bay views and deeded private Gulf beach access in the sought-after Banyan Bay Club! Discover effortless coastal living in this beautifully updated 2-bedroom, 2-bath residence offering 1,155 square feet on the bayside of Longboat Key. Thoughtfully renovated throughout, this inviting home features new luxury vinyl plank flooring, new kitchen appliances, updated bathrooms with new vanities, and a bright, open floor plan designed for comfortable island living. Enjoy Sarasota Bay views from the living room, primary bedroom, and private rear patio. Step directly from your patio onto the beautifully landscaped lawn, where you can enjoy your morning coffee, watch boats and dolphins pass by, observe abundant coastal wildlife, and welcome beautiful Florida sunrises. The convenient ground-floor location offers effortless access and seamlessly blends indoor and outdoor living. Residents of this pet-friendly community enjoy the best of both worlds with deeded private Gulf beach access and outstanding amenities, including a heated pool, clubhouse, pickleball, tennis, fishing pier, kayak storage and launch, and assigned parking. Whether you enjoy boating, kayaking, fishing, shelling, or relaxing on the beach, this community offers the quintessential Longboat Key lifestyle. Ideally located near championship golf, waterfront dining, marinas, boutique shopping, St. Armand's Circle, and downtown Sarasota, this exceptional residence is perfect as a primary home, seasonal retreat, or investment opportunity. Don't miss this rare opportunity to own an updated, move-in-ready, bayside condominium with Sarasota Bay views, deeded private Gulf beach access, and the relaxed elegance of island living. EASY TO SHOW. SUPRA ON storeroom door across from front door.
    35 days
    |
    263
    |
    7
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobbie Banan 941-356-2659,

    MICHAEL SAUNDERS & COMPANY 941-388-4447,

    Steve Nursey 941-356-7010,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4698906MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Area: 225 Square Feet
      • Dimensions: 15x15
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Dining room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Kitchen
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 9x12
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
      Features
      • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 1,305
      • Total interior livable area: 1,155 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Ground Level, Guest
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Rear Porch
      • Exterior features: Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
      • Pool features: Gunite, Heated, In Ground
      • Has view: Yes
      • View description: Park/Greenbelt, 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, Beach - Access Deeded, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Fishing Pier
      • Body of water: SARASOTA BAY
      Lot
      • Features: FloodZone, Greenbelt, Landscaped, Sidewalk
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 7993811608
      • Zoning: R4MX
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • 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, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Bay/Harbor Front, Fishing, Gulf/Ocean Front, Waterfront, Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: THE BANYAN BAY CLUB
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
      • Services included: Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $1,763 monthly
      • HOA name: Shane Raniere
      • HOA phone: 941-921-5393
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $476/sqft
      • Tax assessed value: $159,163
      • Annual tax amount: $2,617
      • Date on market: 7/2/2026
      • Cumulative days on market: 36 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Listed for sale$550,000$476/sqft
        Source: Stellar MLS #A4698906 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,618 -57.6%$159,163 -51.2%
        2024$6,170 +5.9%$326,095 +10%
        2023$5,826 +12.9%$296,450 +10%
        2022$5,158 +22.5%$269,500 +10%
        2021$4,209 +1.1%$245,000 +2.1%
        2020$4,164 +7.9%$240,000 +9.1%
        2019$3,859 $220,000 -24.1%
        2018$3,859 -19%$290,000 +20.3%
        2017$4,763 +46.9%$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 -6.9%
        2012$1 $201,389 -8%
        2011$1 $218,901 -13.2%
        2010-- $252,163 -4.3%
        2009$4,335 -18.5%$263,413 -20%
        2008$5,316 -1.3%$329,266
        2007$5,389 -9.3%$329,266 -3.1%
        2006$5,940 +8%$339,723 +12%
        2005$5,498 +10.6%$303,324 +12.8%
        2004$4,971 +8.2%$268,936 +12%
        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

        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
        63 / 100
        Bikeable

        Nearby schools

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

        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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