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Off market
  • $1,177,300

    5481 Gulf Of Mexico Dr Unit 405, Longboat Key, FL 34228

    2beds
    2baths
    1,516sqft
    Condo
    Built in 1980
    -- sqft lot
    $1,177,300 Zestimate®
    $777/sqft
    $5,895 Estimated rent

    Home value

    $1,177,300

    $1.02M - $1.37M

    $5,895/mo

    Zestimate® history
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    $8,840/mo

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    What's special

    Direct Gulf-front large two-bedroom plus den condominium. Expansive Gulf and beach views from the living room, kitchen, and master bedroom. Enjoy views of the white sandy beaches and beautiful sunsets from the balcony. Longboat Cove is a lushly landscaped, well-maintained complex with only 26 residences. This pet-friendly condominium also has a heated pool with spa area, sauna, lighted tennis court, under-building parking and beach side cabana. Unit includes two parking spots and storage.

    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
    Heating
    • Other
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,516 sqft

    Property

    Features
    • Exterior features: Stone, Brick
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 435 Square Feet
    Details
    • Parcel number: 7990301306

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1980

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $950 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $777/sqft
    • Tax assessed value: $769,250
    • Annual tax amount: $12,164

    Price history

    DateEventPrice
    3/23/2015Sold$770,000-6.7%$508/sqft
    Source: Stellar MLS #A4110172 Report a problem
    3/19/2015Pending sale$825,000$544/sqft
    Source: Premier Sotheby's International Realty #A4110172 Report a problem
    3/19/2015Listed for sale$825,000$544/sqft
    Source: Premier Sotheby's International Realty #A4110172 Report a problem
    2/11/2015Listing removed$825,000$544/sqft
    Source: Premier Sotheby's International Realty #A4110172 Report a problem
    12/31/2014Listed for sale$825,000+23.1%$544/sqft
    Source: PREMIER SOTHEBY'S INTL. REALTY #A4110172 Report a problem
    1/16/2003Sold$670,000$442/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,164 -11.6%$769,250 -11.3%
    2024$13,754 -2.3%$867,000 +0.2%
    2023$14,084 +7.2%$865,150 +10%
    2022$13,134 +5.7%$786,500 +10%
    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 +57.5%$627,900 +2%
    2016$7,772 $615,500 +25.8%
    2015$7,772 $489,359 +0.8%
    2014$7,772 +5.9%$485,475 +1.5%
    2013$7,336 +733507%$478,300 +1.7%
    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
    $1,177,300
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    Estimated market value
    $1,177,300