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Off market
  • $1,118,400

    5481 Gulf Of Mexico Dr Unit 207, Longboat Key, FL 34228

    2beds
    1,516sqft
    Condo
    Built in 1980
    -- sqft lot
    $1,118,400 Zestimate®
    $738/sqft
    $5,895 Estimated rent

    Home value

    $1,118,400

    $973,000 - $1.30M

    $5,895/mo

    Zestimate® history
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    $8,445/mo

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    What's special

    Breathtaking direct Gulf, beach and sunset views in serene surroundings from this nicely remodeled 2 bedroom plus den residence can be yours. Impeccably maintained and decorated in soothing seaside colors, this inviting home makes the perfect island retreat. New impact resistant sliders and windows plus electronic shutters along with the 2nd floor location offer complete peace of mind. Beautiful wood floors carry on the nature-inspired décor throughout the living area including the den, which is currently used as an office. Light wood cabinetry and stainless-steel appliances highlight the kitchen, which overlooks the dining & living room as well as the large Gulf front terrace, where grilling is one of the many pleasures. Enjoy the sound of the surf right from your master suite or take a stroll down the private board walk to welcome a new sun & fun filled day or take in magnificent sunsets with your favorite cocktail in hand and your toes in the sand. Longboat Cove is a pet-friendly beachside community with only 26 residences, mainly owner occupied. Amenities include secured under building parking & lobby, private storage units, tennis, heated swimming pool, beachside cabana with grill, an on-site manager. Located adjacent to fine dining & entertainment and a 32-acre coastal hammock forest with scenic walking trails along Sarasota Bay. Take a short walk or bike ride to nearby restaurants, shops & education center or a leisurely drive to Sarasota's great variety of cultural offerings.

    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
    Cooling
    • Central
    Appliances
    • Laundry: Inside
    Features
    • Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds, Shutters
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,516 sqft

    Property

    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Exterior features: Stone, Brick
    • Pool features: Heated, In Ground
    • On waterfront: Yes
    • Waterfront features: Beach - Public, Gulf/Ocean, Beach - Private
    • Body of water: GULF OF MEXICO
    Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Storage, Tennis Court(s)
    • Parcel number: 7990300407
    • Zoning: R3MX

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Street Lights, Underground Utilities, Sewer Connected, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System, Secured Garage / Parking
    • Subdivision: LONGBOAT COVE
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Maintenance Grounds, Recreational Facilities, Trash, Escrow Reserves Fund, Insurance, Maintenance Exterior, Pest Control, Sewer, Water, Community Pool, Maintenance Repairs, Manager
    • HOA fee: $950 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $738/sqft
    • Tax assessed value: $786,250
    • Annual tax amount: $11,381

    Price history

    DateEventPrice
    8/27/2019Sold$755,000-4.3%$498/sqft
    Source: Public Record Report a problem
    5/3/2019Price change$789,000-1%$520/sqft
    Source: ROSEBAY INTERNATIONAL INC #A4428993 Report a problem
    3/18/2019Price change$797,000-9.3%$526/sqft
    Source: ROSEBAY INTERNATIONAL INC #A4428993 Report a problem
    3/1/2019Listed for sale$879,000$580/sqft
    Source: ROSEBAY INTERNATIONAL INC #A4428993 Report a problem
    3/1/2019Listing removed$7,500$5/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #5481GMD207 Report a problem
    1/18/2019Listed for rent$7,500$5/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #5481GMD207 Report a problem
    1/17/2019Listing removed$879,000$580/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4207880 Report a problem
    11/29/2018Price change$879,000-2.2%$580/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4207880 Report a problem
    6/19/2018Price change$899,000-5.4%$593/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4207880 Report a problem
    1/25/2018Listed for sale$950,000$627/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4207880 Report a problem
    1/24/2018Listing removed$7,500$5/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/2/2018Price change$7,500+7.1%$5/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/1/2017Price change$7,000+55.6%$5/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/17/2017Listed for rent$4,500$3/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,381 -4.2%$786,250 -3.3%
    2024$11,886 +0.5%$813,180 +3%
    2023$11,821 +1.9%$789,495 +3%
    2022$11,606 +2.5%$766,500 +13.6%
    2021$11,324 -1.3%$675,000
    2020$11,469 -3.9%$675,000 -4.1%
    2019$11,930 $703,615 +2%
    2018$11,930 +3.5%$690,000 +18.7%
    2017$11,522 +33%$581,500 +2%
    2016$8,667 $570,000 +3%
    2015$8,667 $553,500 +10%
    2014$8,667 +15.8%$503,101 +12.2%
    2013$7,483 +748154%$448,422 +3%
    2012$1 +49.3%$435,361 +29.2%
    2011$1 $336,987 +1.5%
    2010-- $332,007 +2.7%
    2009$4,812 -5.6%$323,278 +0.1%
    2008$5,095 +5.5%$322,955 +3%
    2007$4,831 -3.7%$313,549 +2.5%
    2006$5,018 -0.6%$305,901 +3%
    2005$5,048 +1.2%$296,991 +3%
    2004$4,987 -1.6%$288,341 +1.9%
    2003$5,069 -0.4%$282,965 +2.4%
    2002$5,089 +1.8%$276,333 +1.6%
    2001$4,999 +1.1%$271,981 +3%
    2000$4,944 $264,059
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: W.D. Sugg Middle
    • High: Bayshore High

    Source: The 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
    $1,118,400
    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
    $1,118,400