NOT LISTED FOR SALE

4995 Gulf of Mexico Dr Unit 500 Longboat Key, FL 34228

Estimated Value: $2,620,000 - $7,329,000

3 Beds
3.5 Baths
3,344 Sq Ft
$3,391/mo HOA Fee

Last Sold August 26, 2019

Last sale price $4,200,000 $1,256 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $33,064/month

135 Days on Market

Highlights

  • 750 Feet of Waterfront
  • Beach View
  • Private Beach
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of August 2019

Commanding a treetop-level perch overlooking azure Gulf waters and surrounded by views of tropical splendor, this alluring condominium is comprised of elegance interiors, decadent details, and dazzling outdoor living areas. Experience life at the beach at Positano, a luxurious beachside development and testament to the sophisticated shores of Longboat Key. Built in 2007, a full 2013 remodel elevates the interiors and complements astounding natural vistas. Take the private elevator which opens directly into the residence. The interiors boast a distinctly Mediterranean-style aesthetic framed by quality finishes, 10’6” ceilings, and wood floors. The home lives like a single-family residence with spacious surroundings and completely PRIVATE VIEWS shielded from other owners. Spend family time in the gracious living room or cook in the open kitchen, complete with light-wood finished cabinets. Enjoy tales of the days adventures in the dining room overlooking the water. An immense wrap terrace wraps invites salty breezes and the sound of the waves. A den/office and three bedrooms – each with their own bath and connecting outdoor area provide comfort and space for all. Private stairs lead up to a secluded courtyard, complete with a 12-person table and NEW Wolf appliances or head downstairs to the beach for barefoot bliss on secluded beach access path. Additional items of note: 38 kw whole-house generator and two-car air conditioned garage with private courtyard access.

Last Agent to Sell the Property

Tom Delaney PA

License #0701236 Listed on: 02/26/2019

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,064

Year Built

  • Built in 2007

Lot Details

  • 750 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • Public Beach
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $3,391 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,344 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • L-Shaped Dining Room
  • Breakfast Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Gate

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Wrap Around Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Teal White Fowler Association, Phone Number (941) 383-5400
  • Positano A Condo Or2155/5446 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,064

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,391 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3344
  • New Construction: No
  • Year Built: 2007
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer
  • Building Area Total: 5315
  • Directions to Property: North on Gulf of Mexico Drive to 4995 on the gulf water side. Check in at guard gate.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428638&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428638&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.93437
  • Price per Sq Ft: 1255.98
  • Close to Original List Price Ratio: 0.93437
  • Ratio: Current Price\Building Area Total: 790.22
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, L Dining, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Window Treatments
  • Street Number Modifier: 4995
  • Room Count: 5
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen, Storage
  • Exterior Features: Balcony, Fenced, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 750
  • Water Frontage Feet Gulf Ocean: 750
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Exhaust Fans, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Name: Teal White Fowler
  • Phone: 941-383-5400
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage/Parking, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 10173
  • Condo Fees Term: Quarterly
  • Association Email: positanolbk@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 3391
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 40692
  • Total Monthly Fees: 3391

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: GF
  • Parcel Number: 8009701359
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Sidewalk
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 3 months.

Tax Info

  • Tax Annual Amount: 49064
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Vickie L Bell Trust and Bell Wendell R
Bought by
Wendell R Bell Revocable Trust and Bell
Current Estimated Value
$4,826,126

Purchase Details

Listed on
Feb 26, 2019
Closed on
Aug 26, 2019
Sold by
Heckethorn William Patrick and Hecketiiorn Amy Kathryn Yarbro
Bought by
Bell Wendell R and Bell Vickie L
Seller's Agent
Tom Delaney PA
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$4,495,000
Sold Price
$4,200,000
Premium/Discount to List
-$295,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 12, 2013
Sold by
Lake Linda C and Crawford Roderick
Bought by
Heckethorn Heckethorn William Patrick William Patrick and Heckethorn William Patrick
Seller's Agent
HANNERLE MOORE, PA
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Doris BUSHMAN
LIMBO COMPANY SARASOTA ASSOC
List Price
$3,950,000
Sold Price
$3,565,000
Premium/Discount to List
-$385,000
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Positano Llc
Bought by
Lake Linda C
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wendell R Bell Revocable Trust $100 None Listed On Document
Bell Wendell R $4,200,000 Attorney
Heckethorn Heckethorn William Patrick William Patrick $3,565,000 Attorney
Lake Linda C $3,950,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $4,200,000 -6.6% $1,256 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $4,495,000 +26.1% $1,344 / Sq Ft
02/14/2013 02/14/13 Sold $3,565,000 -9.7% $1,066 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
10/27/2011 10/27/11 For Sale $3,950,000 -- $1,182 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $47,519 $1,504,636 -- $1,504,636
2024 $47,519 $3,114,272 -- --
2023 $47,320 $3,023,565 $0 $0
2022 $46,518 $2,935,500 $0 $0
2021 $45,520 $2,850,000 $0 $2,850,000
2020 $48,023 $2,850,000 $0 $2,850,000
2019 $48,263 $2,850,000 $0 $2,850,000
2018 $49,064 $2,850,000 $0 $0
2017 $54,991 $3,357,500 $0 $0
2016 $50,976 $3,023,000 $0 $0
2015 $50,076 $2,958,350 $0 $0
2014 $50,076 $2,874,148 $0 $0
2013 $39,641 $2,414,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Delaney PA

  • Reid Murphy

    Buyer's Agent in 2019

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    108 in this area

    133 Total Sales

    Reid Murphy
    Section Image

  • H

    Seller's Agent in 2013

    HANNERLE MOORE, PA

    LIMBO COMPANY SARASOTA ASSOC

  • D

    Buyer's Agent in 2013

    Doris BUSHMAN

    LIMBO COMPANY SARASOTA ASSOC

See All Agents

Map

Source: Stellar MLS

MLS Number: A4428638

Stellar MLS

APN: 80097-0135-9

Florida Manatee County Longboat Key 34228

4995 Gulf of Mexico Dr Unit 500, Longboat Key, FL

This home is located at 4995 Gulf of Mexico Dr Unit 500, Longboat Key, FL 34228 since 26 February 2019 and is currently estimated at $4,826,126, approximately $1,443 per square foot. This property was built in 2007. 4995 Gulf of Mexico Dr Unit 500 is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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