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Off market
  • $1,116,500

    5481 Gulf Of Mexico Dr Unit 208, Longboat Key, FL 34228

    2beds
    1,516sqft
    Condominium
    Built in 1980
    3.85 Acres Lot
    $1,116,500 Zestimate®
    $736/sqft
    $4,319 Estimated rent

    Home value

    $1,116,500

    $971,000 - $1.30M

    $4,319/mo

    Zestimate® history
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    $8,618/mo

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    What's special

    Welcome to Longboat Cove, an intimate, quiet condo community of 26 units in two beach side buildings directly on the Gulf of Mexico, on the Manatee County side of this 10.8 mile long paradise. Offering postcard-like full beach and gulf views from the master bedroom, living/dining room, kitchen and balcony, you will be able to enjoy so many great moments soaking up the sun, surf and wildlife from your private residence. Move in ready, being sold fully furnished as seen, and UPDATED IN 2015 with new: bathrooms complete with granite counter tops, fixtures, new Italian marble flooring throughout (no carpeting), kitchen {stainless steel appliances, granite countertop and cabinetry}, all new doors, plantation shutters in 2nd bed and painted throughout. AC '16. Water heater '20. This property enjoys 10 foot ceilings and includes an eat in kitchen that some owners have easily converted into a private office or other flex room. Spacious open floor plan with inside laundry closet including side by side washer and dryer and shelving. But wait... don't leave your fur baby behind because you're allowed one pet up to 25lbs as well! Includes one fully secured and enclosed under building parking spot #208 and storage locker for all of your beach gear or overflow items. Also you'll notice more than ample room to store kayaks, canoes and bikes in the under building area. Take a stroll down the winding treks boardwalk where you'll stumble upon a wonderfully cozy covered pavilion area, complete with outlets, picnic table, grill, shower area and foot soak! Access to the Gulf of Mexico is just a step behind this and offers a simply stunning beach, complete with property owned chaise lounge chairs and complimentary nightly sunsets. Take advantage of the large heated pool, lit tennis court and ample open guest parking. Center shops are also nearby and offer many of the services you need from restaurants to shops. Durante Park, on 32 acres alongside Sarasota Bay, offers somewhat of a coastal forest that's complete with abundant wildlife and located within minutes of your condo. Beautiful Bayfront Park is also great for public basketball, tennis, kayak or canoe launching and convenient dog park! At Longboat Cove you'll enjoy the very well maintained grounds. Not to mention, with both the touch of a switch to close the electric hurricane shutters and a very hands and responsive onsite staff, rest assured your property will lie in great hands when you leave your dream condo behind. Easy to show this beauty so contact us today!

    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
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Thermostat, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
    • Windows: Window Treatments, 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: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Covered, Rear Porch
    • Exterior features: Stone, Brick
    • Pool features: Heated, In Ground, Outside Bath Access, Lighting, Deck
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean, Beach - Private
    Lot
    • Size: 3.85 Acres
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 7990300456
    • Zoning: R3MX

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida, Elevated
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1980

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $736/sqft
    • Tax assessed value: $739,500
    • Annual tax amount: $7,362
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    11/2/2020Sold$720,000-4%$475/sqft
    Source: Public Record Report a problem
    9/10/2020Pending sale$750,000$495/sqft
    Source: COLDWELL BANKER REALTY #A4465501 Report a problem
    7/8/2020Price change$750,000-3.2%$495/sqft
    Source: COLDWELL BANKER REALTY #A4465501 Report a problem
    4/23/2020Listed for sale$775,000+29.2%$511/sqft
    Source: COLDWELL BANKER REALTY #A4465501 Report a problem
    2/4/2013Sold$600,000-3.1%$396/sqft
    Source: Public Record Report a problem
    11/10/2012Listed for sale$619,000$408/sqft
    Source: SARASOTA BAY REAL ESTATE P.A. #A3968483 Report a problem
    10/6/2012Listing removed$4,000$3/sqft
    Source: Wagner Realty #A3964625 Report a problem
    8/18/2012Listed for rent$4,000-33.3%$3/sqft
    Source: Wagner Realty #A3964625 Report a problem
    7/1/2012Listing removed$6,000$4/sqft
    Source: Wagner Realty #A3952281 Report a problem
    11/29/2011Listed for rent$6,000$4/sqft
    Source: Wagner Realty #A3952281 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,362 +2.2%$494,564 +2.9%
    2024$7,205 +0.6%$480,626 +3%
    2023$7,160 +1.9%$466,627 +3%
    2022$7,030 -40.2%$453,036 -32.9%
    2021$11,754 -1.2%$675,000
    2020$11,900 -3.7%$675,000 -4.1%
    2019$12,360 $703,615 +2%
    2018$12,360 +5.2%$690,000 +18.7%
    2017$11,748 +34%$581,500 +2%
    2016$8,765 $570,000 +3%
    2015$8,765 $553,500 +10%
    2014$8,765 +17.1%$503,101 +12.2%
    2013$7,483 +748154%$448,422 +3%
    2012$1 $435,361 +0.2%
    2011$1 $434,426 +1.5%
    2010-- $428,006 +2.7%
    2009$6,393 -4.4%$416,754 +0.1%
    2008$6,688 +5.3%$416,338 +3%
    2007$6,349 -3.8%$404,212 +2.5%
    2006$6,598 -0.7%$394,353 +3%
    2005$6,642 +1.2%$382,867 +3%
    2004$6,565 -1.7%$371,716 +1.9%
    2003$6,677 -0.5%$364,785 +2.4%
    2002$6,707 +1.8%$356,235 +1.6%
    2001$6,591 +1%$350,625 +3%
    2000$6,523 $340,413
    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: 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
    $1,116,500
    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
    $1,116,500