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5055 Gulf Of Mexico Drive Unit 116

Longboat Key, FL 34228

2 beds
2 baths
1,678 sqft
~6 acre lot
$592 per sqft
1973 build
– on site

Under contract-accepting backup offers. Rare fully renovated and beautifully upgraded (2022), including everything from electrical to plumbing to flooring, first floor beach retreat. Boasting 2 bedrooms, 2 bathrooms, an extra den/office space, sun room, and private outdoor patio space, this beautiful sanctuary is just seconds walk from the shore with a private parking space a few feet from the front door. With an open layout and gentle styling, the space provides a peaceful and enriching haven for any beachgoer. Every element of the condo was replaced and upgraded in 2022, including new appliances and hurricane impact windows. Not one single item or feature is in need of any repair or replacement, granting the owner a deep peace of mind and profoundly easy beach going experience. The community provides a wide range of amenities, rather unique to the area, including 2 heated pools, a hot tub, clubhouse with bar, 8 tennis courts, outdoor shuffleboard, library, gym, sauna, and more. Known as one of the best beaches in the world, the soft white sands of Longboat Key extend for 750’ of access in front of the community with gentle waves and stunningly idyllic sunsets. Furthermore the unit may serve as an income generating property for renters. Guest parking is also available in front of the unit. This rare opportunity for such a completely upgraded beachfront unit with such tremendous community amenities will not last long so book a showing today.

Listing courtesy of STELLAR_MLS / TOMLIN, ST CYR & ASSOCIATES LLC

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# T3518188 —

The Building

Year Built:

1973
New Construction:

false
Construction Materials:

Block
Building Area Total:

1813
Common Walls:

End Unit
Levels:

One
Stories Total:

1
Unit Number:

116
Floor Number:

1
Building Elevator:

true
Roof:

Tile
Foundation Details:

Slab
Window Features:

ENERGY STAR Qualified Windows

Interior

Interior Features:

Built in Features
Flooring:

Porcelain Tile
Fireplace:

false

Room Dimensions

Living Area:

1678
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

North on Gulf of Mexico drive from St Armands Circle to Club Longboat, take a left into complex followed by another left and the unit is the first one on the right #116
Latitude:

27.405269
Longitude:

-82.653255
Coordinates:

-82.653255, 27.405269

The Property

Parcel Number:

7998100353
Property Type:

Residential
Property Sub Type:

Condominium
Lot Size Acres:

6.16
Lot Size Square Feet:

268696
Lot Size Area:

6.1684
Lot Size Units:

Acres
Zoning:

R3MX
View:

Garden
Direction Faces:

East
Exterior Features:

Sliding Doors
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

116
Tax Book Number:

4-64
Tax Annual Amount:

7835.76
Tax Legal Description:

UNIT 116 CLUB LONGBOAT BEACH & TENNIS CONDOMINIUM AMENDED PLAT PI#79981.0035/3

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

2
Bathrooms Total:

2
Bathrooms Full:

2

The Listing

Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%-$450

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Convection Oven
Laundry Features:

Inside

The Community

Subdivision Name:

CLUB LONGBOAT BEACH & TENNIS
Senior Community:

false
Community Features:

Gulf/Ocean Front
Water View:

false
Water Access:

Beach
Water Access:

true
Water Body Name:

Gulf Of Mexico
Waterfront:

true
Waterfront Features:

Gulf/Ocean Front
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

Heated
Pets Allowed:

Number Limit
Pet Restrictions:

Renters and Guests not allowed pets
Number Of Pets:

2
Association Amenities:

Cable TV
Association:

true
Association Fee:

150
Association Fee Frequency:

Annually
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Monthly HOA Amount:

12.5
Condo Fees:

5532
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

1844
Ownership:

Condominium
Association Approval Required:

true
Waterfront Feet Total:

750

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1
Parking Features:

Guest

Extra Units

Other Structures:

Storage

Monthly cost estimate

Asking price

$995,000

Expense	Monthly cost
Mortgage	$5,327
Taxes	$652
Insurance	$273
HOA fees	$13
Utilities	$123 See report
Total	$6,388/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/18/24 Apr 18, 2024	Pending	STELLAR_MLS	$995,000
4/12/24 Apr 12, 2024	Listed / Active	STELLAR_MLS	$995,000	158.4% (13.8% / YR)
10/24/12 Oct 24, 2012		STELLAR_MLS	$385,000

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This condo located in Longboat Key, FL 34228 is currently pending sale for $995,000. 5055 Gulf Of Mexico Drive Unit 116 is a 1,678 square foot condo with 2 beds and 2 baths that has been on Estately for 17 days. This condo is in the attendance area of Bayshore High School, King Middle School, and Anna Maria Elementary School.

Listing Courtesy of: STELLAR_MLS and TOMLIN, ST CYR & ASSOCIATES LLC.

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.