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5265 Gulf Of Mexico Drive Unit 307

Longboat Key, FL 34228

2 beds
2 baths
1,128 sqft
$620 per sqft
1974 build
– on site

Under contract-accepting backup offers. Welcome to your tropical oasis on beautiful Longboat Key! Banyan Bay Club is a charming 44 unit Beach to Bay complex that offers expansive sunrise and sunset views. Unit 307 is only a few steps to the beach and offers water views from both the Living Room / Dining room and the Primary Bedroom. The unit is charmingly decorated with coastal hues and comes turn-key furnished. Just pack a bag and start your beach living right away! The association property includes a clubhouse, pool, fitness center, tennis and pickleball court, kayak storage with water access, a bayside dock with fishing pier, and a cove area with direct access to the breathtaking Gulf of Mexico sugar-sand beach. This peaceful community is active for owners and attracts a recurring set of renters every year. You will be close to several dining venues, superior tennis and golfing, and nearby access to St. Armand's Circle for upscale shopping & dining experiences. Explore the arts & cultural events in Sarasota and Bradenton as well, with additional dining and shopping options only a short drive away.

Listing courtesy of STELLAR_MLS / DUNCAN REAL ESTATE, INC.

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# A4594128 —

The Building

Year Built:

1974
New Construction:

false
Construction Materials:

Block
Building Area Total:

1278
Levels:

One
Stories Total:

1
Unit Number:

307
Floor Number:

1
Building Elevator:

false
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Impact Glass/Storm Windows

Interior

Interior Features:

Built in Features
Additional Rooms:

Inside Utility
Flooring:

Luxury Vinyl
Fireplace:

false

Room Dimensions

Living Area:

1128
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Gulf of Mexico Drive to Banyan Bay Club, 5265 is on the West (Beach) side of the road. Turn Right at the first set of condos on the right, #307 is in the middle. Assigned carport parking or guest parking in the middle.
Latitude:

27.408548
Longitude:

-82.656396
Coordinates:

-82.656396, 27.408548

The Property

Parcel Number:

7993810808
Property Type:

Residential
Property Subtype:

Condominium
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:

307
Tax Book Number:

5-18
Tax Annual Amount:

7827.7
Tax Legal Description:

UNIT 307, THE BANYAN BAY CLUB CONDO, ALSO 1/44TH INT IN COMMON ELEMENTS PI#79938.1080/8

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Branded:

https://listing.thehoverbureau.com/bt/5265_Gulf_of_Mexico_Drive_307.html
Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4594128
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

The Community

Subdivision Name:

THE BANYAN BAY CLUB
Senior Community:

false
Community Features:

Bay/Harbor Front
Water View:

Beach
Water View:

true
Water Access:

Beach
Water Access:

true
Water Extras:

Fishing Pier
Water Body Name:

Gulf Of Mexico / Sarasota Bay
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Pool Private:

false
Pets Allowed:

Yes
# of Pets:

2
Max Pet Weight:

100
Association Amenities:

Clubhouse
Association:

true
Association Fee Frequency:

Quarterly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Condo Fees:

5068
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

1689
Ownership:

Condominium
Association Approval Required:

true
Additional Water Information:

The Banyan Bay Club is a Gulf/Ocean to Bay Community. Unit 307 is on the Beach side of Gulf of Mexico Dr and has partial Gulf/Ocean Views from the living/dining room and the primary bedroom.
Waterfront Feet Total:

200

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1
Parking Features:

Assigned

Monthly cost estimate

Asking price

$699,900

Expense	Monthly cost
Mortgage	$3,747
Taxes	$652
Insurance	$192
Utilities	$111 See report
Total	$4,702/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
4/20/24 Apr 20, 2024	Pending	STELLAR_MLS	$699,900
2/17/24 Feb 17, 2024	Price Changed	STELLAR_MLS	$699,900	-3.4%
1/6/24 Jan 6, 2024	Listed / Active	STELLAR_MLS	$724,900	75.5% (16.1% / YR)

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This condo located in Longboat Key, FL 34228 is currently pending sale for $699,900. 5265 Gulf Of Mexico Drive Unit 307 is a 1,128 square foot condo with 2 beds and 2 baths that has been on Estately for 122 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 DUNCAN REAL ESTATE, INC..

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.