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5270 Gulf Of Mexico Drive 502, LONGBOAT KEY, FL – $850,000

  • 3 Beds
  • 3 Baths
  • 1,498 Sqft
  • 68 DOM
  • 3 Beds
  • 3 Baths
  • 1,498 Sqft
  • 68 DOM

5270 Gulf Of Mexico Drive 502

This is a rare opportunity to own a turnkey furnished, corner unit condominium that offers unobstructed Bayfront views of Sarasota Bay! As soon as you step inside, the real hardwood floors that adorn both levels will catch your eye, adding a touch of warmth, sophistication, and coziness that is seldom found in beachfront communities. New HVAC system was just installed in February 2024. The spacious kitchen boasts ample counter space, and you can enjoy the serene bay scenery from either of the two balconies. The screened-in balcony off the main bedroom provides a peaceful spot to unwind with a book in the evening. There are two bedrooms including the primary bedroom suite on the first floor with a private waterfront balcony. The primary bathroom features a double sink and a spacious walk-in closet. Upstairs, you find a beautifully furnished loft space with a glass partitioned balcony leading into a functional office area for your work-from-home activities. The upstairs also serves as a third en-suite bedroom with a full size bathroom and walk-in shower. Further amenities include a gym, heated pool, and Tennis/Pickleball court. The Banyan Bay Club has a private beach access with community lounge chairs to watch the sunset directly on the Gulf of Mexico and invites you to take a beach walk or a ocean swim. Nearby restaurants are within walking distance, and the beautifully manicured Joan Durante Park and Bayfront Park with their multiple Tennis and Pickleball courts and mile long nature pathway to explore all kinds of fish and wildlife. Longboat Key has an eleven mile walk path and bike path. This unit is ideally located for a car ride to Anna Maria Island, Saint Armand Circle with its great shopping and restaurants, or Sarasota for a night out on the town. Don’t miss out on this amazing opportunity to own a piece of paradise!

Essential Information

  • MLS® #A4595629
  • Price$850,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,498
  • Acres0.00
  • Year Built1974
  • TypeResidential
  • Sub-TypeCondo - Hotel
  • StyleCoastal
  • StatusSold

Community Information

  • Address5270 Gulf Of Mexico Drive 502
  • AreaLongboat Key
  • SubdivisionTHE BANYAN BAY CLUB
  • CityLONGBOAT KEY
  • CountyManatee
  • StateFL
  • Zip Code34228

Amenities

  • ViewWater
  • Is WaterfrontYes
  • WaterfrontBay/Harbor
  • Has PoolYes

Interior

  • HeatingCentral
  • CoolingCentral Air, Humidity Control
  • # of Stories2

Interior Features

Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)

Appliances

Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer

Exterior

  • Lot DescriptionCorner Lot, Landscaped
  • RoofShingle
  • FoundationSlab

Exterior Features

Balcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage, Tennis Court(s)

School Information

  • ElementaryAnna Maria Elementary
  • MiddleMartha B. King Middle
  • HighBayshore High

Additional Information

  • Date ListedJanuary 17th, 2024
  • Days on Market68
  • ZoningR4MX
  • Taxes$9,084
  • HOA Fee FrequencyQuarterly

Listing Details

  • OfficeDOUGLAS ELLIMAN
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Price Change History for 5270 Gulf Of Mexico Drive 502, LONGBOAT KEY, FL (MLS® #A4595629)

Date Details Change
Price Reduced from $900,000 to $850,000 $50,000 (5.56%)
Price Reduced from $950,000 to $900,000 $50,000 (5.26%)
Price Reduced from $1,000,000 to $950,000 $50,000 (5.00%)

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DOUGLAS ELLIMAN.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 28th, 2024 at 12:34pm EDT.