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Off market
  • $441,700

    5841 Gulf Of Mexico Dr #254, Longboat Key, FL 34228

    1beds
    520sqft
    Condo - Hotel
    Built in 1972
    -- sqft lot
    $441,700 Zestimate®
    $849/sqft
    $2,252 Estimated rent

    Home value

    $441,700

    $389,000 - $499,000

    $2,252/mo

    Zestimate® history
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    $2,252/mo

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    $2,252/mo

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    $3,675/mo

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    $3,675/mo

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    What's special

    With $39,181of rental income, this Gulf side condominium may very well pay for itself. Earn income or use this exceptional condominium when you like, renting it out with an on-site rental management company when not owner occupied. This unit is one of the rare condominiums on Longboat Key that can be rented nightly. This second floor, one bedroom, one bath fully furnished condo also has a large screened-in lanai. This Gulf front complex of 26 units has a heated pool, beach chairs and umbrellas, a mini putting green, shuffleboard, pool-side grills, plus WiFi in the units and on the grounds. The oversize pool is just steps away from the gorgeous sandy beach and the aqua-blue waters of the Gulf of Mexico. Full rental income and expense statements are available upon request. Buyer should verify all rental income and expenses. There is an on-site rental management office operated daily from 9 AM to 5 PM.

    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: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator
    Features
    • Ceiling Fans(s), Solid Surface Counters
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 520 sqft

    Property

    Features
    • Levels: One
    • Exterior features: Stucco
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach - Private
    Details
    • Parcel number: 8005201609
    • Zoning: RMF

    Construction

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

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $849/sqft
    • Tax assessed value: $378,250
    • Annual tax amount: $6,178
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/18/2020Sold$365,000-5.2%$702/sqft
    Source: Stellar MLS #A4447359 Report a problem
    5/22/2020Pending sale$385,100$741/sqft
    Source: DEVELOPERS REALTY INC #A4447359 Report a problem
    4/19/2020Price change$385,100-1.3%$741/sqft
    Source: DEVELOPERS REALTY INC #A4447359 Report a problem
    10/2/2019Listed for sale$390,000+11.4%$750/sqft
    Source: DEVELOPERS REALTY INC #A4447359 Report a problem
    2/15/2018Sold$350,000-6.7%$673/sqft
    Source: Agent Provided Report a problem
    1/29/2018Pending sale$375,000$721/sqft
    Source: Premier Sotheby's International Realty #A4193572 Report a problem
    8/10/2017Listed for sale$375,000$721/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4193572 Report a problem
    3/30/2017Listing removed$375,000$721/sqft
    Source: Premier Sotheby's International Realty #A4151365 Report a problem
    11/9/2016Price change$375,000-6.2%$721/sqft
    Source: Premier Sotheby's International Realty #A4151365 Report a problem
    4/13/2016Listed for sale$399,900+60%$769/sqft
    Source: Premier Sotheby's International Realty #A4151365 Report a problem
    6/27/2009Listing removed$250,000$481/sqft
    Source: Listhub #A3904845 Report a problem
    6/1/2009Price change$250,000-9.1%$481/sqft
    Source: Listhub #A3904845 Report a problem
    5/17/2009Price change$275,000-1.8%$529/sqft
    Source: Listhub #A3904845 Report a problem
    4/25/2009Price change$280,000-1.8%$538/sqft
    Source: Listhub #A3904845 Report a problem
    4/16/2009Price change$285,000-5%$548/sqft
    Source: Listhub #A3904845 Report a problem
    3/18/2009Listed for sale$300,000-38.1%$577/sqft
    Source: Listhub #A3904845 Report a problem
    3/8/2005Sold$485,000$933/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,178 -8.8%$378,250 -7%
    2024$6,773 +2.7%$406,560 +10%
    2023$6,593 +14.2%$369,600 +10%
    2022$5,775 +1.4%$336,000 +6.7%
    2021$5,693 -1.2%$315,000
    2020$5,761 +5.5%$315,000 +5%
    2019$5,461 $300,000 +7.1%
    2018$5,461 +14.1%$280,000 +5.4%
    2017$4,784 +62.5%$265,750 +10%
    2016$2,944 $241,600 +19%
    2015$2,944 $203,050 +14%
    2014$2,944 +19.6%$178,107 +20.7%
    2013$2,461 +246026%$147,501 +0.5%
    2012$1 $146,715 -12%
    2011$1 $166,721 -6%
    2010-- $177,362 -23%
    2009$3,897 -28.5%$230,340 -30%
    2008$5,449 -15.7%$329,057 -14.8%
    2007$6,464 -9.2%$386,100 -3.1%
    2006$7,118 +59.8%$398,500 +66%
    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
    $441,700
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    Estimated market value
    $441,700