$675,000
$25K PRICE DROP

5055 Gulf of Mexico Dr Unit 435 Longboat Key, FL 34228

Estimated payment $6,308/month

Total Views 3,538
2 Beds
2 Baths
1,484 Sq Ft
$455 Price per Sq Ft

Highlights

  • Waterfront Community
  • Fitness Center
  • Clubhouse
  • Anna Maria Elementary School Rated A-
  • 5.58 Acre Lot
  • Community Pool

About This Home

Gulf water views from back deck in this open concept 2-Bedroom, 2-Bathroom Condo at Club Longboat Beach & Tennis is A Perfect Longboat Key Retreat offers an expansive 1,484 SqFt of thoughtfully designed living space, this condo combines comfort, convenience, and a balcony help you unwind and enjoy the fresh coastal air. As a well-maintained residence (bran new HVAC 2025), this home offers a welcoming, move-in ready atmosphere and provides a sanctuary where you can enjoy both peaceful living and the energy of Longboat Key's vibrant community. Why Live on Longboat Key? Longboat Key is renowned for its pristine beaches, relaxed atmosphere, and upscale lifestyle. With easy access to fine dining, shopping, cultural attractions, and outdoor recreation, it’s the ideal location for those seeking a laid-back coastal lifestyle, while still being close to the excitement of Sarasota. Whether you’re taking a morning stroll on the beach or enjoying the world-class amenities nearby, Longboat Key offers a unique blend of tranquility and activity. Club Longboat Beach & Tennis is more than just a place to live – it’s a destination where every day feels like a vacation. Enjoy direct access to the beautiful white sands of Longboat Key Beach, perfect for sunbathing, swimming, and watersports. The community offers resort-style amenities, including meticulously maintained tennis courts, a fitness center, a heated pool, and 24-hour security. Whether you’re looking to relax poolside or stay active with tennis or fitness, there’s something for everyone. Don’t miss out on the opportunity to own your slice of paradise.

Listing Agent

Amy Jones

COASTAL KEY REALTY LLC Brokerage Phone: 941-993-9380 License #3441064 Listed on: 04/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,986

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $1,947 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,484 Sq Ft Home
  • 3-Story Property
  • Awning
  • Sliding Doors
  • Living Room
  • Dishwasher
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Club Longboat Beach & Tennis Community
  • Club Longboat Beach & Tennis Subdivision

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Large pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,986

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,947 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1484
  • Lot Size Acres: 5.58
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1484
  • Lot Size Sq Ft: 242907
  • Directions to Property: From Anna Maria Island, Go South on Gulf of Mexico Drive to 5055 on the Gulf side. Turn right when entering complex, take another right to Building 4. Park in any of the spots in the parking lot.
  • Status: Active
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 526057842
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 454.85
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Waterfront
  • Attribution Contact: 941-993-9380
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 5055
  • Living Area Meters: 137.87
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Awning(s), Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0294F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Renters cannot have pets. Buyer to verify all current rules and restriction from the HOA.
  • Building Name Number: 5055/4
  • Condo Fees: 5841
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1947
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 23364.00
  • Total Monthly Fees: 1947.00

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7998103407
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 22567

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify all current rules and restriction from the HOA.

Tax Info

  • Tax Annual Amount: 7986
  • Tax Book Number: 4-64
  • Tax Lot: 435

Multi Family

  • Approval Process: Buyer to fill out pay for and submit the application to HOA.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,986 $616,250 -- $616,250
2023 $7,639 $590,750 $0 $590,750
2022 $6,615 $472,500 $0 $472,500
2021 $5,476 $340,000 $0 $340,000
2020 $5,947 $350,000 $0 $350,000
2019 $5,810 $345,000 $0 $345,000
2018 $6,420 $375,000 $0 $0
2017 $6,496 $401,700 $0 $0
2016 $6,092 $372,075 $0 $0
2015 $5,403 $323,730 $0 $0
2014 $5,403 $310,134 $0 $0
2013 $4,785 $286,766 $1 $286,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $675,000 -3.6% $455 / Sq Ft
06/08/2025 06/08/25 Price Changed $700,000 +0.1% $472 / Sq Ft
06/05/2025 06/05/25 Price Changed $699,500 -0.1% $471 / Sq Ft
04/23/2025 04/23/25 For Sale $700,000 0.0% $472 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $700,000 -- $472 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Longboat Title Services Lc
Warranty Deed -- --
Warranty Deed $350,000 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4647322

Stellar MLS

APN: 79981-0340-7