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Off market
  • $1,210,600

    5461 Gulf Of Mexico Dr Unit 402, Longboat Key, FL 34228

    2beds
    1,516sqft
    Condominium
    Built in 1980
    -- sqft lot
    $1,210,600 Zestimate®
    $799/sqft
    $5,895 Estimated rent

    Home value

    $1,210,600

    $1.03M - $1.43M

    $5,895/mo

    Zestimate® history
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    What's special

    Lowest Price on Longboat Key for a FULL GULF VIEW WITH GLORIUS SUNSETS. Rarely available Penthouse" unit (4th floor) in desirable Longboat Cove. Higher ceilings, large bedrooms, garage parking. Electric Hurricane shutters protect the sliders and windows. Beautifully maintained and updated thru the years of ownership including a large walk-in Master Bath and glorious steam shower. Bedrooms are larger than most complexes on the key. You'll love the higher ceilings. Lovely kitchen with newer cabinets, quality granite and direct views to the gulf and beach . Front Bay window space in kitchen could be used as a office/den. Longboat Cove is a complex of only 26 residences. The community features a heated pool, lighted tennis courts,on-site manager, under-building parking, storage and secured lobby. This pet-friendly community also includes a boardwalk to the wide sandy beaches and beautiful sunsets. This location on Longboat Key allows easy access to the Center shops with all the services you need from many styles of Restaurants and services you need. Durante Park with 32 acres on Sarasota Bay with trails amid the wetland and coastal hammock forest and abundant wildlife is minutes away.

    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.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
    • Flooring: Tile, Carpet
    • Windows: Shutters
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,516 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Garage
    Features
    • Levels: One
    • Exterior features: Stone, Brick
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    Details
    • Parcel number: 7990301157
    • Zoning: R3MX

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System
    • Subdivision: LONGBOAT COVE
    HOA
    • Has HOA: Yes
    • Amenities included: Elevators, Pool, Tennis Court(s)
    • Services included: Community Pool, Maintenance Grounds, Trash, Cable TV, Maintenance Exterior, Pest Control, Sewer, Water, Manager
    • HOA fee: $1,266 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $799/sqft
    • Tax assessed value: $790,500
    • Annual tax amount: $11,876
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/22/2021Sold$720,000-4%$475/sqft
    Source: Public Record Report a problem
    2/22/2021Pending sale$749,900$495/sqft
    Source: Stellar MLS #A4483717 Report a problem
    1/27/2021Price change$749,900-1.3%$495/sqft
    Source: Stellar MLS #A4483717 Report a problem
    11/16/2020Listed for sale$760,000-4.9%$501/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4483717 Report a problem
    8/14/2020Listing removed$799,000$527/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4462639 Report a problem
    3/13/2020Listed for sale$799,000$527/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4462639 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,876 -16%$790,500 -11.4%
    2024$14,145 -2.3%$892,500 +0.4%
    2023$14,474 +8.5%$889,350 +10%
    2022$13,342 +7.4%$808,500 +13.1%
    2021$12,425 -5.7%$715,000 -4.7%
    2020$13,174 +4.2%$750,000 +3.4%
    2019$12,639 $725,000 +5.1%
    2018$12,639 +3.3%$690,000 +9.9%
    2017$12,241 +30.7%$627,900 +2%
    2016$9,362 $615,500 +2.9%
    2015$9,362 $597,900 +10%
    2014$9,362 +15.8%$543,501 +12.2%
    2013$8,083 +808214%$484,414 +3%
    2012$1 $470,305 -4%
    2011$1 $489,901 -5%
    2010-- $515,654 -19%
    2009$10,769 -13.2%$636,610 -15%
    2008$12,403 -11%$748,953 -10%
    2007$13,932 -8.1%$832,170 -2%
    2006$15,168 +19.3%$849,153 +24%
    2005$12,709 +13.7%$684,801 +16%
    2004$11,174 +1.9%$590,100 +5.8%
    2003$10,961 +4.8%$557,826 +8%
    2002$10,459 +12.1%$516,506 +12%
    2001$9,334 +22.3%$461,168 +25%
    2000$7,630 $368,938
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,210,600
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    Estimated market value
    $1,210,600