5055 Gulf of Mexico Dr #124

Longboat Key, FL 34228 View Map $445,000 Schedule a Tour

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Status: Pending
Property Type:Condominium
MLS #:A4518345
Sq. Feet:1,484
On Site:15 Days
Lot Size:382,095 Sq. Ft.
Where can you find a large, Gulf-front condominium in an amenity-rich community at this price? This condominium is truly a Longboat Key "best buy." The condominium needs remodeling and has been priced accordingly. Both of the balconies are accessed through sliders and offer lovely Gulf-front views of the community and the shimmering Gulf waters. The community features eight Har-Tru tennis courts with an on-site pro, planned matches, two heated swimming pools and spa. There is also a clubhouse with a fitness center, party room, kitchen and library. On the beach, you will find lounge chairs and umbrellas for the owner's use and room to store kayaks, sailboards, etc. Walkways that meander through the impeccably manicured grounds give it an overall park-like setting. A few of the other noteworthy features include covered owner parking and ample parking for guests, an in-unit laundry room and very favorable rental income potential, should you choose to share your condominium with guests. The island location offers a short drive north to Anna Maria Island or south to The Longboat Key Club, where you find 45 holes of golf and a yacht marina. World-class dining and shopping on St. Armands Circle awaits you or continue across the iconic Ringling Bridge to downtown Sarasota the cultural mecca of Southwest Florida. This is your opportunity to own and create a piece of paradise.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:5055 Gulf of Mexico Dr #124 Longboat Key, FL 34228
Body of Water:Gulf Of Mexico
Subdivision:Club Longboat Beach & Tennis
Zip Code:34228

School Information

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


Unit Number:#124
Bedrooms: 2
Bathrooms: 2
Year Built:1973
Floors in the Unit / Home:1
Construction Materials: Block
Building Description: Mid Rise
Construction Status: Completed
Flooring Types: Carpet, Tile
Roof: Tile
Foundation: Slab
Carport Spaces: 1
Parking Features: Assigned, Guest, Off Street, Under Building

Features / Amenities

Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Carpet, Tile
Laundry: Inside, Laundry Room
Furnished: Unfurnished
Exterior Features: Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
Other Structures: Storage, Tennis Court(s)
Window: Drapes, Insulated Windows, Shades
Carport Spaces: 1
Parking: Assigned, Guest, Off Street, Under Building
Cooling: Central Air
Heating: Central, Electric
Air Conditioning: Central Air


KitchenFirst9 X 12
Living RoomFirst13 X 21Ceiling Fan(s)
DenFirst9 X 9
Florida RoomFirst9 X 15
FoyerFirst7 X 9
Dining RoomFirst8 X 13
LaundryFirst5 X 5
Bathroom 1First5 X 8
Bedroom 1First14 X 13Ceiling Fan(s)
Master BedroomFirst5 X 8
Master BedroomFirst13 X 15Ceiling Fan(s)

Property Features

Lot Size: 8.77 Acres / 382,095 Sq. Ft.
Lot Features: Cleared, Level, Sidewalk, Paved
Waterfront: Beach - Private
View: Tennis Court, Trees/Woods, Water
Water Frontage: Beach - Private, Gulf/Ocean
Water View: Gulf/Ocean - Partial
Waterfront Feet: 750
Water Name: Gulf Of Mexico
Lot #: 124
Flood Zone: VE
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
Sewer: Public Sewer
Water: Public
Road Surface: Asphalt
Directions:Mid island LBK, Gulf of Mexico Dr. Location on west side of highway. Make left turn after entering complex to
Building #1.
Pets Allowed: Yes
Number of Pets: 2
Max. Pet Weight: 101
Pet Size: Extra Large (101+ Lbs.)

Tax and Financial Info

Tax Year: 2020
Tax Annual Amount: $4,741
Ownership: Condominium
Financing Available: Cash, Conventional
Homestead: Yes
Total Annual Fees: $13,000
Average Monthly Fees: $1,083
Condo Fee: $3,250 (paid Quarterly)
Disclosures: Condominium Disclosure Available, Lead Paint
Realtor Info: As-Is, Assoc approval required, Floor Plan Available, No Sign
Minimum Lease: 1 Month
Association Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Sewer, Trash, Water
Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Tennis Court(s)
Monthly Condo Fee Amount: $1, 083



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5055 Gulf of Mexico Dr #124 Longboat Key, FL 34228
5055 Gulf of Mexico Dr #124 Longboat Key, FL 34228
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The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at December 7, 2021 4:30 PM EST.

Property Summary:

Home for sale at .

Description: The property at 5055 Gulf Of Mexico Dr #124 Longboat Key, FL 34228 in the Club Longboat Beach & Tennis subdivision with the MLS# A4518345 is currently listed for $445,000 and has been on the market for 14 days.



Listing Price: $445,000

You are viewing the MFRMLS listing details of the home for sale at 5055 Gulf Of Mexico Dr #124 Longboat Key, FL 34228, which features 2 bedrooms and 2 bathrooms, and 1484 sq.ft. of living area.