5841 Gulf Of Mexico Drive Unit 250
Longboat Key, FL 34228

  • 1 bed
  • 1 bath
  • 508 sqft
  • $1,431 per sqft
  • 1972 build
  • on site

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Your own slice of paradise. This waterfront, one-bedroom (sleeps four), turnkey, beautifully furnished residence offers spectacular views of the blue-green waters of the Gulf. As you open your doors, experience tropical breezes and relax to the soothing sounds of the waves. Not only have you found a superb Gulf retreat, but professional management, along with a liberal rental policy, offers the opportunity to enjoy income without fuss when not in use. In 2021, gross rental income exceeded $70,000 without the unit being rented for 60 days, while improvements were completed to the complex. This is one of only two units in the complex with direct Gulf views. Pride of ownership is displayed throughout this condominium. The owners have recently updated appliances (stainless steel), updated furnishings, refurbished the shower, and in 2020, replaced both the HVAC and water heater. The complex has also undergone its own facelift, including exterior painting, resurfacing of the pool and landscaping. This boutique Gulf complex offers a heated pool, outdoor grills, complimentary lounge chairs and umbrellas and putting green. At the end of your day, imagine sitting on your balcony and enjoying spectacular sunsets. Life doesn't get much better. HIGHEST and BEST. All offers must be received by 6 p.m. on Saturday February 12.

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / PREMIER SOTHEBYS INTL REALTY

Last checked: Checking… • Last updated Feb 27, 2024 •

MLS# A4524613 —

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Utility Costs

$84/mo.

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Sale history

Date Event Source Price % Change
5/9/22
Sold STELLAR_MLS $727,000 11.8%
2/14/22
Pending STELLAR_MLS $650,000
2/8/22
Listed / Active STELLAR_MLS $650,000 31.3% (1.9% / YR)

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Condo Sold on 5/9/2022

$727,000

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My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBYS INTL REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

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