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Off market
  • $466,000

    5841 Gulf Of Mexico Dr #243, Longboat Key, FL 34228

    2beds
    760sqft
    Condominium
    Built in 1972
    -- sqft lot
    $466,000 Zestimate®
    $613/sqft
    $2,838 Estimated rent

    Home value

    $466,000

    $387,000 - $564,000

    $2,838/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,879/mo

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    $3,879/mo

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    What's special

    Earn great rental income with this ocean-front condominium while enjoying the aqua blue waters and white sand of Longboat Key. This unit produced more than $46,000 in income over the past 12 months and high season is right around the corner! It can be rented as a two bedroom condo or two separate units (243A and 243B). As the new owner, you can use this exceptional condominium when you like, or decide to rent it out through the on-site rental management company. It is truly the best of both worlds! This Gulf front complex also has a heated pool, beach chairs and umbrellas, a mini putting green, shuffleboard, pool-side grills, plus WiFi. The gulf-side pool is just steps away from the gorgeous white-sand beach. Full rental income and expense statements are available upon request. Buyer should verify all rental income and expenses.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available 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
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Refrigerator
    Features
    • Ceiling Fans(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 760 sqft

    Property

    Parking
    • Parking features: Open
    Features
    • Levels: One
    • Exterior features: Stone, Brick
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Territorial
    • Waterfront features: Beach - Private
    Details
    • Parcel number: 8005201059
    • Zoning: RMF

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • masonry
    • Roof: Metal
    Condition
    • Year built: 1972

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: SILVER SANDS A CONDO
    HOA
    • Has HOA: Yes
    • Services included: Cable TV
    • HOA fee: $745 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $613/sqft
    • Tax assessed value: $143,217
    • Annual tax amount: $2,185
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/12/2024Listing removed$440,100+1.2%$579/sqft
    Source: Stellar MLS #A4447381 Report a problem
    6/22/2021Sold$435,000-1.2%$572/sqft
    Source: Public Record Report a problem
    6/9/2021Pending sale$440,100$579/sqft
    Source: Stellar MLS #A4447381 Report a problem
    4/15/2021Listed for sale$440,100$579/sqft
    Source: Stellar MLS #A4447381 Report a problem
    4/1/2021Pending sale$440,100$579/sqft
    Source: Stellar MLS #A4447381 Report a problem
    4/19/2020Price change$440,100-1.1%$579/sqft
    Source: DEVELOPERS REALTY INC #A4447381 Report a problem
    10/2/2019Listed for sale$445,000+11.5%$586/sqft
    Source: DEVELOPERS REALTY INC #A4447381 Report a problem
    12/15/2017Sold$399,000-7%$525/sqft
    Source: Public Record Report a problem
    11/17/2017Pending sale$429,000$564/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4200686 Report a problem
    11/3/2017Price change$429,000-7.7%$564/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4200686 Report a problem
    7/7/2017Price change$465,000-2.9%$612/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/7/2017Price change$479,000-1.2%$630/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/13/2016Listed for sale$485,000-28.1%$638/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/28/2005Sold$675,000$888/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,185 -68.6%$143,217 -67.8%
    2024$6,950 +2.9%$444,675 +10%
    2023$6,753 +15.1%$404,250 +10%
    2022$5,869 +1.4%$367,500 +6.5%
    2021$5,788 -1.3%$345,000
    2020$5,862 -14%$345,000 -14.8%
    2019$6,820 $405,000 +6.6%
    2018$6,820 +1.5%$380,000 -2.6%
    2017$6,716 +55.4%$390,000 +9.9%
    2016$4,323 $354,800 +19%
    2015$4,323 $298,150 +14%
    2014$4,323 +19.6%$261,546 +20.8%
    2013$3,614 +361328%$216,601 +4.2%
    2012$1 $207,866 -12%
    2011$1 $236,211 -6%
    2010-- $251,288 -23%
    2009$5,521 -28.5%$326,347 -30%
    2008$7,721 -15.7%$466,210 -14.8%
    2007$9,158 -9.2%$547,000 -3.1%
    2006$10,084 +126.4%$564,500 +135.2%
    2005$4,454 $240,000
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $466,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $466,000