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Off market
  • $448,100

    5841 Gulf Of Mexico Dr #258, Longboat Key, FL 34228

    1beds
    520sqft
    Condo - Hotel
    Built in 1972
    313 Square Feet Lot
    $448,100 Zestimate®
    $862/sqft
    $2,161 Estimated rent

    Home value

    $448,100

    $399,000 - $502,000

    $2,161/mo

    Zestimate® history
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    $2,161/mo

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    $3,735/mo

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    $3,735/mo

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    What's special

    With a average of $40,0000 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 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: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s), Crown Molding, Solid Wood Cabinets, Solid Surface Counters
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 520 sqft

    Property

    Parking
    • Parking features: Open
    Features
    • Levels: One
    • Exterior features: Other
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach - Private
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 313 Square Feet
    Details
    • Parcel number: 8005201809
    • Zoning: RSF2

    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: $862/sqft
    • Tax assessed value: $378,250
    • Annual tax amount: $6,178
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/17/2020Sold$325,000-8.5%$625/sqft
    Source: Public Record Report a problem
    8/8/2020Pending sale$355,000$683/sqft
    Source: DEVELOPERS REALTY INC #A4474117 Report a problem
    8/3/2020Listed for sale$355,000-1.4%$683/sqft
    Source: DEVELOPERS REALTY INC #A4474117 Report a problem
    4/25/2020Listing removed$359,900$692/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4450328 Report a problem
    11/1/2019Listed for sale$359,900-5%$692/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4450328 Report a problem
    6/30/2019Listing removed$379,000$729/sqft
    Source: CENTURY 21 Beggins Enterprises #A4420848 Report a problem
    3/9/2019Price change$379,000-0.1%$729/sqft
    Source: CENTURY 21 Beggins Enterprises #A4420848 Report a problem
    2/27/2019Price change$379,500-1.4%$730/sqft
    Source: CENTURY 21 Beggins Enterprises #A4420848 Report a problem
    2/4/2019Price change$384,900-3.8%$740/sqft
    Source: CENTURY 21 Beggins Enterprises #A4420848 Report a problem
    12/5/2018Listed for sale$399,900+5.2%$769/sqft
    Source: CENTURY 21 BEGGINS ENTERPRISES #A4420848 Report a problem
    3/1/2016Sold$380,000-2.3%$731/sqft
    Source: Stellar MLS #A4143909 Report a problem
    2/2/2016Pending sale$389,000$748/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/27/2016Listed for sale$389,000+58.8%$748/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/15/2013Sold$245,000-12.5%$471/sqft
    Source: Public Record Report a problem
    1/18/2013Listed for sale$280,000-37.8%$538/sqft
    Source: RoseBay Properties, Inc. #A3971853 Report a problem
    6/1/2008Listing removed$450,000$865/sqft
    Source: Michael Saunders & Company #350531 Report a problem
    3/14/2008Listed for sale$450,000-5.3%$865/sqft
    Source: Michael Saunders & Company #350531 Report a problem
    3/10/2005Sold$475,000$913/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 +5%$280,000 -4.1%
    2017$5,200 +51.4%$291,900 +10.1%
    2016$3,435 $265,200 +18%
    2015$3,435 $224,750 +14%
    2014$3,435 +26.9%$197,160 +20.7%
    2013$2,707 +270630%$163,281 +11.3%
    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
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary

    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
    $448,100
    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
    $448,100