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Off market
  • $514,900

    5270 Gulf Of Mexico Dr Unit 503, Longboat Key, FL 34228

    2beds
    1,128sqft
    SingleFamily
    Built in 1974
    -- sqft lot
    $514,900 Zestimate®
    $456/sqft
    $5,404 Estimated rent

    Home value

    $514,900

    $443,000 - $597,000

    $5,404/mo

    Zestimate® history
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    $4,135/mo

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    What's special

    Looking for an incredible view with an incredible price and newly renovated! This is the unit for you. Whether you are an investor looking for the perfect deal or a seasonal or full-time owner, this is a unit for consideration. The vast span of water, lawn and banyan trees will captivate you. You can sit on the dock and watch the boats and birds all day long. You can tie up your own boat while in residence. When you can pull yourself away from the view, you will enjoy your two bedroom, two bath split design condo. The master bedroom is over-sized and has sliding glass doors leading to a private screened porch. There are views of the Sarasota Bay from the kitchen, living room, dining room and master bedroom. The Banyan Bay Club is a wonderful gulf to bay community. A short walk across the street will take you to the private beach. You can watch the sunrise at the unit and walk across the street to watch the sunset. The community itself has beautiful banyan trees, a private tennis court, a heated pool, a clubhouse and storage area for bikes and kayaks. The property is very well maintained with an onsite maintenance man. You will love living there or investing there. Your tenants will come back year after year. The rentals are easy and an owner can have two pets. Truly a worthwhile investment for anyone.

    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
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,128 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 7993811806

    Construction

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

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $711 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $456/sqft
    • Tax assessed value: $182,963
    • Annual tax amount: $2,971

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/3/2018Sold$416,000-4.4%$369/sqft
    Source: Public Record Report a problem
    4/14/2017Listing removed$435,000$386/sqft
    Source: Owner Report a problem
    9/29/2016Listed for sale$435,000-3.3%$386/sqft
    Source: Owner Report a problem
    7/29/2016Listing removed$450,000$399/sqft
    Source: Owner Report a problem
    4/30/2016Listed for sale$450,000+45.2%$399/sqft
    Source: Owner Report a problem
    2/29/2016Sold$310,000-7.4%$275/sqft
    Source: Public Record Report a problem
    1/11/2016Price change$334,900-13%$297/sqft
    Source: WAGNER REALTY #A4135154 Report a problem
    12/1/2015Price change$385,000-9.4%$341/sqft
    Source: WAGNER REALTY #A4135154 Report a problem
    11/6/2015Price change$424,900-2.3%$377/sqft
    Source: WAGNER REALTY #A4135154 Report a problem
    10/23/2015Listed for sale$435,000$386/sqft
    Source: WAGNER REALTY #A4135154 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,971 -57.8%$182,963 -50.6%
    2024$7,034 +5.8%$370,417 +10%
    2023$6,646 +13.4%$336,743 +10%
    2022$5,862 +23.2%$306,130 +10%
    2021$4,758 +5.9%$278,300 +10%
    2020$4,494 +11.7%$253,000 +10%
    2019$4,023 $230,000 -27%
    2018$4,023 -26.6%$315,000 +1.9%
    2017$5,482 +20.9%$309,250 +5%
    2016$4,535 $294,500 +9%
    2015$4,535 $270,150 0%
    2014$4,535 +62.6%$270,151 +31.3%
    2013$2,788 +278733%$205,757 +1.7%
    2012$1 $202,318 +3%
    2011$1 $196,425 +1.5%
    2010-- $193,522 +2.7%
    2009$2,467 -9.6%$188,434 +0.1%
    2008$2,727 +5.6%$188,246 +3%
    2007$2,582 -3.7%$182,763 +2.5%
    2006$2,680 -0.2%$178,305 +3%
    2005$2,685 +1.5%$173,112 +3%
    2004$2,645 -0.2%$168,070 +4.3%
    2002$2,649 +1.5%$161,070 +1.6%
    2001$2,610 +1.5%$158,533 +3%
    2000$2,571 $153,916
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $514,900
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    Estimated market value
    $514,900