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Off market
  • $805,100

    5275 Gulf Of Mexico Dr Unit 201, Longboat Key, FL 34228

    2beds
    1,155sqft
    Condo
    Built in 1974
    -- sqft lot
    $805,100 Zestimate®
    $697/sqft
    $4,361 Estimated rent

    Home value

    $805,100

    $692,000 - $942,000

    $4,361/mo

    Zestimate® history
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    $4,361/mo

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    $6,218/mo

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    $6,218/mo

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    What's special

    The ultimate beach lifestyle in a remarkable Gulf-front location is realized in this stylish Banyan Bay Club condominium. Rarely available, savor direct access from your ground-level back door to the soft sandy shores and rolling waves. With a spacious and generous floorplan, experience the convenience and maintenance-free ease of living like you are in a single-family home without the upkeep. Two bedrooms and two baths offer plenty of room and versatility to meet your needs, whether living here year-round or using it as a premier destination getaway where you can rent it out for a return on investment. Move-in ready with most of the furnishings included, this residence provides laidback living with a fully equipped, remodeled kitchen boasting new cabinetry, white quartz countertops, and high-end Whirlpool appliances. Pour yourself a refreshing beverage, open the large glass sliders and sit comfortably on your patio watching spectacular sunsets as you give gratitude for another amazing day in Longboat Key. Banyan Bay truly has everything you could ever want in a 44-unit, pet-friendly, Gulf-to-Bay community, including a solar-heated pool, fitness center with exercise equipment, tennis, clubhouse beach lounge with lawn chairs, kayak launch, and a fishing pier. You will fall in love with taking bike rides and walks to experience all the sights and adventures around Longboat Key, such as gourmet restaurants. Appreciate the added benefit of Banyan Bay's proximity to St. Armand's Circle and downtown Sarasota where you find fine dining, shopping and an abundance of culture beckoning you to plant your toes in the sand and make this your new home in paradise!

    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
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Storage, Split Bedroom, Great
    • Flooring: Tile
    • Windows: Blinds, Drapes, Verticals, Single Hung Metal
    • Has fireplace: No
    • Common walls with other units/homes: Corner
    Interior area
    • Structure area source: Tax Rolls
    • Total interior livable area: 1,155 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Carport
    Accessibility
    • Accessibility features: Handicap Access, Level
    Features
    • Entry level: 201.00
    • Patio & porch: Open Patio
    • Exterior features: Stucco
    • Pool features: In Ground, Heated, Solar Heat
    • On waterfront: Yes
    • Waterfront features: Ocean Front, Ocean Access, Directly on Sand
    • Frontage length: 205 feet
    Lot
    • Features: Interior Lot
    Details
    • Parcel number: 7993810303
    • Zoning: LBK_R-3MX
    • Special conditions: Sold As-Is, Buyer Approval, Interview Required, Tenant Approval

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Villa
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Resale
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Services included: Trash, Maintenance Grounds, Water, Cable TV, Security, Pest Control, Reserve Funds, Parking, Maintenance Structure, Management Fees, Pool Service, Manager, Common Areas, Insurance-Bldg, Common R.E. Tax, A/C Maintenance, Legal/Accounting
    • HOA fee: $922 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $697/sqft
    • Tax assessed value: $294,525
    • Annual tax amount: $4,096
    • Inclusions: Refrigerator, Smoke Detector, Dryer, Washer, Dishwasher, Disposal, Microwave, ice maker, Range - Electric, Water Heater - Elec, washer/dryer hookup
    • Body type: Quad Wide

    Price history

    DateEventPrice
    7/12/2024Listing removed$795,000$688/sqft
    Source: Stellar MLS #A4503141 Report a problem
    7/1/2021Sold$795,000$688/sqft
    Source: Public Record Report a problem
    6/16/2021Pending sale$795,000$688/sqft
    Source: Stellar MLS #A4503141 Report a problem
    6/4/2021Listed for sale$795,000+6.1%$688/sqft
    Source: Stellar MLS #A4503141 Report a problem
    5/11/2021Listing removed--
    Source: Stellar MLS #A4484657 Report a problem
    2/14/2021Price change$749,000-3.4%$648/sqft
    Source: BeachesMLS #RX-10672282 Report a problem
    11/18/2020Listed for sale$775,000$671/sqft
    Source: Premier Brokers International Inc #RX-10672282 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,096 -69.8%$294,525 -67.6%
    2024$13,581 +4.8%$909,500 +16.7%
    2023$12,960 +12.4%$779,625 +10%
    2022$11,534 +47%$708,750 +55.8%
    2021$7,848 +4.3%$455,000 +7.4%
    2020$7,526 +12.4%$423,500 +10%
    2019$6,698 $385,000 -22.2%
    2018$6,698 -22.9%$495,000 +1.2%
    2017$8,689 +17.7%$489,200 +5%
    2016$7,379 $465,900 +10%
    2015$7,379 $423,550 0%
    2014$7,379 +7.5%$423,551 +3%
    2013$6,862 +686060%$411,209
    2012$1 $411,209 -2%
    2011$1 $419,601 -8.3%
    2010-- $457,340 -5.2%
    2009$8,158 -18.3%$482,240 -20%
    2008$9,983 -1.1%$602,800
    2007$10,092 -9.4%$602,800 -3.3%
    2006$11,134 +11.6%$623,284 +16%
    2005$9,972 +10.7%$537,314 +13%
    2004$9,008 +7.3%$475,706 +11.3%
    2003$8,399 +24.2%$427,415 +28%
    2002$6,762 +8%$333,917 +8%
    2001$6,258 +22.3%$309,186 +25%
    2000$5,116 $247,349
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $805,100
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    Estimated market value
    $805,100