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5201 Gulf Of Mexico Dr Unit 104, Longboat Key, FL, 34228

$1,190,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,184 SqFt
$1,005/SqFt
Condo

Location

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5201 Gulf Of Mexico Dr Unit 104, Longboat Key$1,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1980
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Gulf
ViewWater
MLS #A4629489
StatusActive

About 5201 Gulf Of Mexico Dr Unit 104

Discover the ultimate vacation retreat at 5201 Gulf of Mexico Drive, Unit 104, a fully renovated, turn-key 2 bedroom, 2 bath condo in a boutique complex of just eight units on Longboat Key. Spectacular Gulf of Mexico views from the great room and primary bedroom, this first-floor unit features upgraded hurricane-impact sliders, new flooring, retextured ceilings, and elegant wood bifold doors. The updated kitchen offers water views, new light fixtures, and modern finishes, while both baths shine with new showers, countertops, and cabinets. Recent enhancements include re-piping, a new air handler, new deck off the great room, re-surfaced pool, and a fresh coat of paint throughout. Sold fully furnished, the condo is move-in ready with a new living room couch and chair. Enjoy private beach access, a community pool, and ample parking, all with easy access to St. Armands and downtown Sarasota’s shopping and dining. With its stunning location and luxurious upgrades, this condo is a must-see—schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 1,184 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Joey Lamielle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Courtyard, Irrigation System, Lighting, Sidewalk, Storage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading north on Gulf dr the complex will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,190,000
  • Price Per SqFt: $1,005/SqFt

HOA Fees:

  • Amount: $742
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $9,261
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

67

# of Sold Homes

43

5201 Gulf Of Mexico Dr Unit 104 vs Longboat Key

1 DAY ON ROCKET

-66 Days

$1,190,000

-$35K Less

$1,005/SqFt

+$286 More

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $286/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4629489

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Joey Lamielle

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:19:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2011Home Sold
$513,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,261$545,000
2018$7,601$515,000
2017$7,602$463,120

History based on county public records data.

Payment Calculator

$6,254

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,634

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-399673
4
/10
  • Bayshore Elementary School

  • 6120 26th St W

  • 4.34 miles

  • Public District Grades PK-5

school-card-donut-399674
4
/10
  • Sea Breeze Elementary School

  • 3601 71st St W

  • 4.63 miles

  • Public District Grades PK-5

school-card-donut-399675
4
/10
  • H. S. Moody Elementary School

  • 5425 38th Ave W

  • 4.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,893. The majority of Longboat Key, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5201 Gulf Of Mexico Dr Unit 104

What is the listing price of this property?

The listing price of 5201 Gulf Of Mexico Dr Unit 104 property is $1,190,000.

What type of property is this?

The property 5201 Gulf Of Mexico Dr Unit 104 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5201 Gulf Of Mexico Dr Unit 104 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,261 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2011 for $513,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5201 Gulf Of Mexico Dr Unit 104 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5201 Gulf Of Mexico Dr Unit 104 is 1,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5201 Gulf Of Mexico Dr Unit 104 is 1980.

Rocket HomesFloridaManatee CountyLongboat Key342285201 Gulf Of Mexico Dr Unit 104

This home is located at 5201 Gulf Of Mexico Dr Unit 104 in Longboat Key, FL and zip code 34228. This 1,184 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $1,190,000.

In October 2024, from all listings sold in Longboat Key, FL there were more than 2 sold above asking price, over 18 sold below and more than 23 were sold right at the asked price. Between September 2024 and October 2024, Longboat Key, FL real estate market has seen decrease in the number of listings by 11%. The median list price of listings available in October 2024 was $1,225,000, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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