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Sold for $650,000
  • $650,000

    5601 Gulf Of Mexico Dr APT 7, Longboat Key, FL 34228

    2beds
    1,016sqft
    Condo
    Built in 1980
    -- sqft lot
    $723,000 Zestimate®
    $640/sqft
    $4,346 Estimated rent

    Home value

    $723,000

    $636,000 - $824,000

    $4,346/mo

    Zestimate® history
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    $4,346/mo

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    $4,249/mo

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    $4,249/mo

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    What's special

    Direct beachfront and forever views! Most desirable south corner location, end unit. Small and intimate building feels like your own beach house! Excellent rental potential with weekly rentals allowed. Recently updated kitchen, baths, and floors all with a beachy feel and quality finishes. Wide, sandy walking beach, extra storage, and easy access to fine restaurants and shopping. All the appeals for your own vacation getaway or perfect for a vacation rental. Sold as-is.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,016 sqft

    Property

    Parking
    • Parking features: Open, None
    Features
    • Exterior features: Stone, Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 7983700407

    Construction

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

    Community & HOA

    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $640/sqft
    • Tax assessed value: $510,000
    • Annual tax amount: $8,009

    Price history

    DateEventPrice
    11/4/2025Sold$650,000+36.6%$640/sqft
    Source: Public Record Report a problem
    6/27/2019Sold$475,885-4.6%$468/sqft
    Source: Public Record Report a problem
    4/29/2019Pending sale$499,000$491/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4406118 Report a problem
    3/4/2019Price change$499,000-5%$491/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4406118 Report a problem
    9/25/2018Price change$525,000-8.7%$517/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4406118 Report a problem
    6/16/2018Listed for sale$575,000+62%$566/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4406118 Report a problem
    9/7/2014Listing removed$1,200$1/sqft
    Source: Wagner Realty (266500032) Report a problem
    6/12/2014Price change$1,200-76.9%$1/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    3/9/2014Price change$5,200+333.3%$5/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    2/15/2014Price change$1,200-76.9%$1/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    10/18/2013Price change$5,200-31.4%$5/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    9/11/2013Price change$7,583+333.3%$7/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    7/30/2013Price change$1,750-76.9%$2/sqft
    Source: Wagner Realty Report a problem
    3/20/2013Price change$7,583+333.3%$7/sqft
    Source: WAGNER REALTY #A3965996 Report a problem
    9/18/2012Listed for rent$1,750$2/sqft
    Source: Wagner Realty #A3965996 Report a problem
    12/27/2011Sold$355,000-11%$349/sqft
    Source: Public Record Report a problem
    9/14/2011Listing removed$399,000$393/sqft
    Source: iseemedia #A3938581 Report a problem
    8/25/2011Price change$399,000+7.9%$393/sqft
    Source: iseemedia #A3938581 Report a problem
    7/31/2011Price change$369,900-7.3%$364/sqft
    Source: RE/MAX ALLIANCE GROUP #A3946755 Report a problem
    7/5/2011Price change$399,000+12.4%$393/sqft
    Source: iseemedia #A3938581 Report a problem
    4/23/2011Price change$355,000-11%$349/sqft
    Source: Prudential Palms Realty #A3938581 Report a problem
    2/16/2011Price change$399,000-7%$393/sqft
    Source: PRUDENTIAL PALMS REALTY #A3938581 Report a problem
    1/31/2011Listed for sale$429,000-39.4%$422/sqft
    Source: Prudential Palms Realty #A3938581 Report a problem
    10/27/2005Sold$707,500$696/sqft
    Source: Stellar MLS #A276355 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,009 -11.5%$510,000 -11.1%
    2024$9,046 +1.8%$573,750 +7.8%
    2023$8,890 +7.2%$532,400 +10%
    2022$8,295 +9%$484,000 +10%
    2021$7,611 +2.1%$440,000 +3.5%
    2020$7,451 -8.5%$425,000 -6.5%
    2019$8,139 0%$454,788 -2.2%
    2018$8,139 +5.9%$465,000 +5.9%
    2017$7,684 +56.2%$439,000 +9.8%
    2016$4,920 $399,900 +18%
    2015$4,920 $338,850 +20%
    2014$4,920 +2.3%$282,387 -2%
    2013$4,808 +480721%$288,150 -2%
    2012$1 $294,031 -1%
    2011$1 $297,001 -5%
    2010-- $312,679 -20%
    2009$6,612 -13.2%$390,849 -15%
    2008$7,615 -20.9%$459,822 -20%
    2007$9,623 -6.3%$574,778
    2006$10,267 +15.5%$574,778 +20%
    2005$8,890 +38.4%$478,982 +41.2%
    2004$6,423 +3.4%$339,200 +7.3%
    2003$6,213 +24.2%$316,173 +28%
    2002$5,002 +12.1%$247,010 +12%
    2001$4,464 +17.4%$220,543 +20%
    2000$3,801 $183,786
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MANATEE

    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
    $723,000
    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
    $723,000