5055 Gulf of Mexico Dr Unit 115 Longboat Key, FL 34228
3
Beds
2
Baths
1,484
Sq Ft
$1,778/mo
HOA Fee
Highlights
- 750 Feet of Ocean or Gulf Waterfront
- Beach Access
- In Ground Pool
- Anna Maria Elementary School Rated A-
- Fitness Center
- Custom Home
About This Home
As of June 2023Discover an extraordinary opportunity to own a spacious 3BR/2BA residence at such an attractive price on the coveted Gulf side of Longboat Key. Set on the ground level of Club Longboat Beach & Tennis Club, one of the most sought-after communities for active living, this 1,484+/- sq.-ft. split plan has been completely renovated from stem to stern to create an open, flowing living space that complements its walk-out access to a world of exciting amenities by the beach. Gorgeous, rich laminate wood floors greet you upon entry and sprawl throughout, accentuating the neutral tones and carefully planned touches. The kitchen has been beautifully opened to better connect to the dining room and living room areas and boasts sleek all-white countertops, backsplash and cabinetry, under-cabinet lighting, stainless-steel appliances and a large center island with a breakfast bar. A wall of sliders leads to the open patio, which has plenty of seating space for entertaining and is enveloped by meticulous landscaping. The primary suite serves as an ideal tropical retreat, with floor-to-ceiling sliders to the patio plus a primary bath with clean lines and a walk-in glass shower with striking tilework. Additional features include a utility room, plantation shutters, recessed lighting and well-sized guest bedrooms. A 5-building neighborhood with 750’ of sprawling beach frontage, Club Longboat Beach & Tennis is brimming with a wealth of well-kept facilities and active pursuits, with 8 Har-Tru tennis courts, 2 heated pools, a fitness center and more. Pet friendly with 2 pets of any size welcome, no weight restrictions.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #0342109 Listed on: 05/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,533
Year Built
- Built in 1973
Lot Details
- 750 Feet of Ocean or Gulf Waterfront
- North Facing Home
- Mature Landscaping
- Landscaped with Trees
HOA Fees
- $1,778 Monthly HOA Fees
Parking
- Ground Level Parking
Property Views
- Garden
- Tennis Court
Home Design
- Custom Home
- Slab Foundation
- Tile Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,484 Sq Ft Home
- 3-Story Property
- Open Floorplan
- High Ceiling
- Blinds
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- In Ground Pool
- Gunite Pool
- Spa
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Property is near a marina
- Patio
- Exterior Lighting
- Outdoor Storage
Location
- Property is near public transit
- Property is near a golf course
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 115
- Assessor Parcel Number 7998100304
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, ground maintenance, maintenance, management, pest control, security, sewer, trash
- Jon Riley Association, Phone Number (941) 383-6081
- Visit Association Website
- Club Longboat Condos
- Club Longboat Beach & Tennis Community
- Club Longboat Beach & Tennis Subdivision
- The community has rules related to deed restrictions
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Pets up to 101 lbs
- 2 Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2016
Sold by
Gwillim David and Gwillim Joan
Bought by
Paulson Thomas A and Paulson Susan S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$235,158
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$660,131
Purchase Details
Closed on
Jun 28, 2011
Sold by
Heichel Robert Milton
Bought by
Gwillim David and Gwillim Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 2002
Sold by
Heichel Robertm
Bought by
Heichel Diaen E
Similar Homes in Longboat Key, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Attorney | |
| Warranty Deed | $375,000 | Attorney | |
| Quit Claim Deed | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $344,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $153,000 | Unknown | |
| Previous Owner | $101,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $875,000 | 0.0% | $590 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $875,000 | -1.6% | $590 / Sq Ft |
| 04/28/2025 04/28/25 | Price Changed | $889,000 | -10.6% | $599 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $994,000 | -0.1% | $670 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $995,000 | -4.2% | $670 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $1,039,000 | -5.5% | $700 / Sq Ft |
| 03/29/2025 03/29/25 | For Sale | $1,100,000 | +41.9% | $741 / Sq Ft |
| 06/28/2023 06/28/23 | Sold | $775,000 | -3.0% | $522 / Sq Ft |
| 06/07/2023 06/07/23 | Pending | -- | -- | -- |
| 05/30/2023 05/30/23 | Price Changed | $799,000 | -3.0% | $538 / Sq Ft |
| 05/11/2023 05/11/23 | For Sale | $824,000 | -- | $555 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,515 | $684,250 | -- | $684,250 |
| 2023 | $5,645 | $397,838 | $0 | $0 |
| 2022 | $5,533 | $386,250 | $0 | $0 |
| 2021 | $5,399 | $375,000 | $0 | $375,000 |
| 2020 | $5,697 | $375,000 | $0 | $375,000 |
| 2019 | $5,810 | $345,000 | $0 | $345,000 |
| 2018 | $6,420 | $375,000 | $0 | $0 |
| 2017 | $6,991 | $425,900 | $0 | $0 |
| 2016 | $6,323 | $386,300 | $0 | $0 |
| 2015 | $5,628 | $335,900 | $0 | $0 |
| 2014 | $5,628 | $323,009 | $0 | $0 |
| 2013 | $4,983 | $298,650 | $1 | $298,649 |
Source: Public Records
Agents Affiliated with this Home
-
William Fuller
Seller's Agent in 2025
William Fuller
FULLER GROUP REAL ESTATE, LLC
(941) 961-3100
5 in this area
61 Total Sales
-
Bruce Myer
Seller's Agent in 2023
Bruce Myer
COLDWELL BANKER REALTY
(941) 387-1847
257 in this area
309 Total Sales
Map
Source: Stellar MLS
MLS Number: A4569492
APN: 79981-0030-4
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