5270 Gulf of Mexico Dr Unit 508 Longboat Key, FL 34228
Estimated payment $6,335/month
Highlights
- 100 Feet of Bay Harbor Waterfront
- Dock Does Not Have A Water Supply
- Fitness Center
- White Water Ocean Views
- Water access To Gulf or Ocean
- Heated In Ground Pool
About This Home
Rarely available and beautifully positioned, this 3-bedroom, 3-bath fully furnished residence invites you to experience true beach-to-bay living in the coveted community of Banyan Bay on the north end of Longboat Key. From sunrise coffees on your private terrace to evenings spent watching dolphins glide across the bay, this home offers an effortless blend of comfort, coastal elegance, and unforgettable daily moments. Set within an intimate community of just 26 Bayside and 18 Gulf side residences, Banyan Bay provides a peaceful retreat with exceptional amenities. Start your mornings with a stroll along your private Gulf beach access, join neighbors for a friendly match on the tennis/pickleball court, launch a kayak directly onto the bay, or unwind by the heated pool after a day on the water. A day dock/fishing pier, fitness center, clubhouse, and convenient bicycle storage further enhance the lifestyle of this warm, social community.
Inside, more than 1,400 square feet of thoughtfully designed living space showcases a spacious kitchen with granite countertops, SS appliances, and a breakfast bar and nook ideal for casual dining or gathering with friends. The open great-room layout features soaring ceilings that fill the home with natural light and frame the captivating bayfront scenery. The primary suite offers its own private terrace overlooking the shimmering water—perfect for quiet mornings or evening breezes. A guest suite on the main level ensures comfort and privacy, while a charming spiral staircase leads to a versatile loft and a spacious third bedroom suite—ideal for hosting visitors, working remotely, or enjoying a dedicated creative space. Terra cotta tile flooring throughout the first level brings warmth and coastal character, while Tommy Bahama inspired finishes make this turnkey furnished residence truly move-in-ready. Beyond the community, you’ll find Centre Shops, Durante Park, and the Longboat Key Center for the Arts just moments away, adding convenience and charm to the neighborhood. Discover the rare combination of lifestyle, location, and waterfront living that only Banyan Bay can offer—where every day feels like a coastal escape.
Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3038952 Listed on: 12/12/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,736
Year Built
- Built in 1974
Lot Details
- 100 Feet of Bay Harbor Waterfront
- End Unit
- West Facing Home
- Mature Landscaping
- Irrigation Equipment
HOA Fees
- $1,763 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 2nd floor
- Turnkey
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,460 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Living Room
- Dining Room
- Loft
- White Water Ocean Views
- Home Security System
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Carport Space
- Assigned Parking
Pool
- Heated In Ground Pool
- Gunite Pool
- Pool Tile
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean
- Fishing Pier
- Deeded access to the beach
- Dock Does Not Have A Water Supply
- Dock Has No Access To Electricity
- Deck
- Covered Patio or Porch
- Outdoor Grill
Location
- Flood Zone Lot
- 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
- Thermostat
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 508
- Assessor Parcel Number 7993812051
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
- Pcm /Shane Raniere Ext 1121 Association, Phone Number (941) 921-5393
- Visit Association Website
- The Banyan Bay Club Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Community Storage Space
Recreation
- Tennis Courts
- Pickleball Courts
- Recreation Facilities
- Fitness Center
- Community Pool
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,736 | $367,411 | -- | -- |
| 2024 | $4,736 | $357,056 | -- | -- |
| 2023 | $4,690 | $346,656 | $0 | $0 |
| 2022 | $4,587 | $336,559 | $0 | $0 |
| 2021 | $4,452 | $326,756 | $0 | $0 |
| 2020 | $4,607 | $322,245 | $0 | $0 |
| 2019 | $4,518 | $315,000 | $0 | $315,000 |
| 2018 | $6,644 | $410,000 | $0 | $0 |
| 2017 | $5,665 | $356,990 | $0 | $0 |
| 2016 | $5,515 | $340,000 | $0 | $0 |
| 2015 | $5,237 | $312,000 | $0 | $0 |
| 2014 | $5,237 | $312,001 | $0 | $0 |
| 2013 | $5,055 | $302,957 | $1 | $302,956 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $794,999 | -- | $545 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | None Available | |
| Warranty Deed | $560,000 | -- | |
| Warranty Deed | $240,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $448,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: A4673695
APN: 79938-1205-1
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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