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Sold for $800,000
  • $800,000

    5265 GULF OF MEXICO DRIVE #305, LONGBOAT KEY, FL 34228

    2beds
    1,128sqft
    Condominium
    Built in 1974
    -- sqft lot
    $674,900 Zestimate®
    $709/sqft
    $4,274 Estimated rent

    Home value

    $674,900

    $594,000 - $769,000

    $4,274/mo

    Zestimate® history
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    What's special

    Sparkling poolFishing pierBonus roomNearby grocery storesSarasota bayfront sideTennis courtActivity centers
    Experience an unparalleled beachfront lifestyle in this meticulously renovated 2-bedroom, 2-bathroom (Plus Bonus Room w/Pull Out Bed) condo residence nestled on the serene shores of Longboat Key. Every detail of this exquisite home has been carefully crafted to offer the utmost luxury and comfort. Walk directly outside to access miles of pristine beach that is perfect for strolls or basking in the sun upon club-provided beach lounge chairs. Inside you will discover the tasteful sophistication of the recent renovations. The all-new kitchen features stunning quartz countertops and top-of-the-line stainless steel appliances that elevate your culinary experience. The hurricane-impact sliding windows not only provide safety but also frame the breathtaking views of the beach allowing natural light to flood the living spaces. Sip your morning coffee or enjoy a glass of wine while taking in the soothing sounds of the waves crashing against the shore. The Banyan Bay Club includes a Sarasota Bayfront side where residents can enjoy a boating day-dock / fishing pier and resort-like amenities, including a sparkling pool and a tennis court for your active lifestyle needs. Convenience is key, with nearby grocery stores, activity centers, and a variety of eateries, as well as easy access to boat rentals for your aquatic adventures. Nearby Bayfront Park is just a stone's throw away, offering the perfect setting for a game of Pickleball or Tennis. And when you're in the mood for more leisurely pursuits, the vibrant destinations of St. Armands-Circle and Sarasota are easily accessible, offering a wealth of dining, shopping, and entertainment options. Whether you're seeking relaxation, recreation, or cultural experiences, this beachfront condo provides the perfect gateway to a truly exceptional coastal lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jens Pinkernell 214-876-4293,

    OCEANS GLOBAL REALTY, LLC 941-444-5444,

    John Brink 941-928-5555,

    SRQ PREMIER REALTY LLC

    Bought with:

    Beth Pheney

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: A4590473MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 15.3x19.1
    Bathroom 1
    • Level: First
    • Dimensions: 5.4x2.5
    Dining room
    • Level: First
    • Dimensions: 12.7x8.9
    Great room
    • Level: First
    • Dimensions: 15.4x14.9
    Kitchen
    • Level: First
    • Dimensions: 10.4x12.4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s)
    • Flooring: Luxury Vinyl
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 1,278
    • Total interior livable area: 1,128 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Courtyard, Storage, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water, Beach, Intracoastal Waterway
    • Has water view: Yes
    • Water view: Water,Beach,Intracoastal Waterway
    • Waterfront features: Bay/Harbor Access, Beach Access, Beach - Access Deeded, Gulf/Ocean to Bay Access, Boat Ramp - Private
    Details
    • Parcel number: 7993810709
    • Zoning: R3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Clubhouse, Pool
    • Pet fee: $0 monthly
    • Subdivision: THE BANYAN BAY CLUB
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Maintenance, Pickleball Court(s), Pool, Spa/Hot Tub, Tennis Court(s)
    • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,689 monthly
    • HOA name: Shane Raniere
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $709/sqft
    • Tax assessed value: $217,175
    • Annual tax amount: $3,631
    • Date on market: 12/22/2023
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/12/2024Sold$800,000$709/sqft
    Source: Stellar MLS #A4590473 Report a problem
    12/28/2023Pending sale$800,000$709/sqft
    Source: Stellar MLS #A4590473 Report a problem
    12/22/2023Listed for sale$800,000+39.1%$709/sqft
    Source: Stellar MLS #A4590473 Report a problem
    5/6/2005Sold$575,000$510/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,569 -4.5%$217,175 -18.5%
    2024$3,739 +0.9%$266,376 +3%
    2023$3,706 +2.1%$258,617 +3%
    2022$3,631 -1.3%$251,084 +3%
    2021$3,679 +0.4%$243,771 +1.4%
    2020$3,666 +3.3%$240,405 +2.3%
    2019$3,550 $235,000 -17.8%
    2018$3,550 -20.7%$285,791 +2.1%
    2017$4,475 -5.7%$279,913 +2.1%
    2016$4,743 $274,156 +0.7%
    2015$4,743 $272,250 0%
    2014$4,743 +7.5%$272,251 +3%
    2013$4,411 +440973%$264,331
    2012$1 $264,331 -10%
    2011$1 $293,701 -10%
    2010-- $326,360 -5.1%
    2009$5,818 -14.7%$343,930 -16.5%
    2008$6,820 -1.1%$411,800
    2007$6,894 -9.4%$411,800 -3.3%
    2006$7,608 +11.6%$425,923 +16%
    2005$6,814 +10.7%$367,175 +13%
    2004$6,154 +3.9%$324,985 +7.8%
    2003$5,923 +14.5%$301,426 +18%
    2002$5,173 +9%$255,446 +9%
    2001$4,743 +17.4%$234,358 +20%
    2000$4,039 $195,300
    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
    $674,900
    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
    $674,900