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Sold for $650,000
  • $650,000

    5265 GULF OF MEXICO DRIVE #301, LONGBOAT KEY, FL 34228

    2beds
    1,155sqft
    Condominium
    Built in 1974
    -- sqft lot
    $581,700 Zestimate®
    $563/sqft
    $4,274 Estimated rent

    Home value

    $581,700

    $518,000 - $657,000

    $4,274/mo

    Zestimate® history
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    What's special

    Walk right out to the Beach! First Floor End Unit. Indulge in the epitome of beachfront living with this meticulously renovated 2-bedroom, 2-bathroom condo nestled on the tranquil shores of Longboat Key. Designed for the discerning buyer, every aspect of this beachside retreat exudes luxury and comfort. Step outside onto the pristine sands for leisurely walks or soak up the sun on club-provided lounge chairs, immersing yourself in the serene ambiance of beach life. Inside, the recent renovations showcase tasteful sophistication, with an all-new kitchen boasting high-end stainless steel appliances that elevate your culinary experience. The hurricane-impact sliding glass doors not only ensure safety but also offer partial views of the beach, allowing natural light to illuminate the living spaces. Start your day with a cup of coffee while listening to the soothing rhythm of the waves, or unwind with a glass of wine as the sun sets over the horizon. As a resident of the Banyan Bay Club, enjoy access to a Sarasota Bayfront side complete with a boating day-dock/fishing pier and resort-like amenities, including a sparkling pool and tennis court to cater to your active lifestyle. Nearby conveniences abound, with groceries, restaurants, parks, and shopping within 1/4 mile walking distance. For nature enthusiasts, the nearby Joan Durante Park offers pristine trails for exploration. When you crave more leisurely pursuits, the vibrant locales of St. Armands Circle and Sarasota are easily accessible, offering an array of dining, shopping, and entertainment options. Whether you seek relaxation, recreation, or cultural experiences, this beachfront condo serves as the perfect gateway to an unparalleled coastal lifestyle. Furnishings available on separate contract.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Brink 941-928-5555,

    OCEANS GLOBAL REALTY, LLC 941-444-5444

    Bought with:

    John Brink, 3596306

    OCEANS GLOBAL REALTY, LLC

    Source: Stellar MLS,MLS#: A4607813MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Exhaust Fan, Tub With Shower, Walk-In Closet(s)
    • Level: First
    • Dimensions: 19x15
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Dimensions: 15x13
    Great room
    • Level: First
    • Dimensions: 15x24
    Kitchen
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range Hood, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom
    • Flooring: Hardwood
    • Doors: Sliding Doors
    • Windows: Storm Window(s), Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,278
    • Total interior livable area: 1,155 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Lighting, Storage, Tennis Court(s)
    • Has view: Yes
    • View description: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    • Waterfront features: Beach, Beach Access, Beach - Access Deeded, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Fishing Pier
    • Body of water: GULF OF MEXICO & SARASOTA BAY
    Details
    • Parcel number: 7993810501
    • Zoning: R3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    • 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, Fiber Optics, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Pool
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: THE BANYAN BAY CLUB
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Maintenance, Pool, Tennis Court(s)
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Water
    • HOA fee: $1,689 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $563/sqft
    • Tax assessed value: $162,138
    • Annual tax amount: $6,112
    • Date on market: 4/21/2024
    • Cumulative days on market: 21 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/26/2024Listing removed$8,500$7/sqft
    Source: Stellar MLS #A4618402 Report a problem
    7/29/2024Listed for rent$8,500+240%$7/sqft
    Source: Stellar MLS #A4618402 Report a problem
    6/14/2024Sold$650,000-7.1%$563/sqft
    Source: Stellar MLS #A4607813 Report a problem
    5/13/2024Pending sale$700,000$606/sqft
    Source: Stellar MLS #A4607813 Report a problem
    5/8/2024Price change$700,000-4.8%$606/sqft
    Source: Stellar MLS #A4607813 Report a problem
    4/21/2024Listed for sale$735,000+6.5%$636/sqft
    Source: Stellar MLS #A4607813 Report a problem
    12/28/2021Listing removed--
    Source: Owner Report a problem
    12/1/2021Price change$690,000-2.8%$597/sqft
    Source: Owner Report a problem
    11/8/2021Listed for sale$710,000+94%$615/sqft
    Source: Owner Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    12/6/2017Listing removed$2,500$2/sqft
    Source: Owner Report a problem
    10/30/2017Price change$2,500-7.4%$2/sqft
    Source: Owner Report a problem
    10/17/2017Price change$2,700-10%$2/sqft
    Source: Owner Report a problem
    10/14/2017Listed for rent$3,000$3/sqft
    Source: Owner Report a problem
    4/17/2013Listing removed$366,000+8.4%$317/sqft
    Source: ENGEL & VOELKERS LBK REALTY #A3960230 Report a problem
    4/16/2013Sold$337,500-7.8%$292/sqft
    Source: Public Record Report a problem
    10/7/2012Price change$366,000-2.7%$317/sqft
    Source: ENGEL & VOELKERS LBK REALTY #A3960230 Report a problem
    5/12/2012Listed for sale$376,000-5.5%$326/sqft
    Source: ENGEL & VOELKERS LBK REALTY #A3960230 Report a problem
    12/4/2010Listing removed$398,000-4.1%$345/sqft
    Source: NRT Florida #A3926598 Report a problem
    5/26/2010Listed for sale$415,000+100.5%$359/sqft
    Source: NRT Florida #A3926598 Report a problem
    7/30/1999Sold$207,000$179/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,729 -57.7%$162,138 -51.3%
    2024$6,459 +5.7%$332,750 +10%
    2023$6,113 +12.7%$302,500 +10%
    2022$5,423 +21.8%$275,000 +10%
    2021$4,450 +2.7%$250,000 +4.2%
    2020$4,334 +9.4%$240,000 +9.1%
    2019$3,961 $220,000 -24.1%
    2018$3,961 -24.1%$290,000 -8.2%
    2017$5,220 +7.4%$315,950 +5%
    2016$4,859 $300,900 +7.9%
    2015$4,859 $278,900 0%
    2014$4,859 +7.5%$278,901 +3%
    2013$4,519 +451788%$270,811
    2012$1 $270,811 -10%
    2011$1 $300,901 -11.3%
    2010-- $339,425 -5.3%
    2009$6,065 -13.2%$358,530 -15%
    2008$6,985 -1.1%$421,800
    2007$7,062 -9.4%$421,800 -3.3%
    2006$7,792 +11.6%$436,212 +16%
    2005$6,979 +10.7%$376,045 +13%
    2004$6,303 +3.9%$332,835 +7.8%
    2003$6,068 +14.5%$308,798 +18%
    2002$5,299 +9%$261,693 +9%
    2001$4,859 +17.4%$240,090 +20%
    2000$4,138 $200,068
    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
    $581,700
    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
    $581,700