5260 Gulf Of Mexico Dr #403, photo 1
Active
1 / 36

Overview

2 bd2 ba1,128 sqftCondominium
TypeCondominium
Condo dues$1,763/mo
Built1974
Living area1,128 sqft
Price / sqft$576

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone Counters

5260 Gulf Of Mexico Dr #403 is a 1974-built home in The Banyan Bay Club, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,128 square feet of living space. Listed at $649,999 (about $576/sqft), 285 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $1,763 monthly.

From the listing

This beautifully maintained, ground-floor 2-bedroom, 2-bathroom condo in the desirable Banyan Bay Club offers an exceptional opportunity to own a spacious, modern / updated, move-in-ready home perfectly positioned in a charming, pet-friendly gulf-to-bay community. This unit combines convenience, amenities, and a relaxed coastal lifestyle—all at an outstanding location. This Banyan Bay condominium has an open floor plan with plank style ceramic tile throughout, recently updated featuring new cabinets, vanities, quartzite/quartz countertops and new stainless steel appliances; new Central Air system, and new hot water heater, in-unit full-size washer & dryer, modern tile design in bath, extra sleeping nook for added flexibility, tastefully furnished (can be sold furnished), private patio nestled under a majestic banyan tree-ideal for morning coffee or evening cocktails, large glass hurricane sliders & windows offering a garden view, fiber optic internet included for each unit. SQUARE FOOTAGE IN SLEEPING NOOK IS ADDED TO MAKE THE INTERIOR SQ FTG 1163. The resort-Style Community Amenities (steps from your door): heated community swimming pool, newly resurfaced tennis and pickleball court, fully equipped fitness center, clubhouse with social hall and full kitchen, new day dock, fishing pier, kayak/paddleboard launch, & storage, private gulf beach access with complimentary lounge chairs on the sand, assigned covered carport parking plus ample guest parking, exterior storage for beach gear, on-site manager and carefree exterior maintenance handled by the association, bicycle storage and mature tropical landscaping with giant banyan trees. Unbeatable Location-why Mid-Key is Best! Everything you need is within walking distance; numerous restaurants & cafes, boutiques, beautiful Durante Park with shaded trails and playground, 3 minute walk to your private Gulf beach, 1-minute walk to the community pool, gym, clubhouse, and courts,. This 44-unit condominium offers a social atmosphere, plenty of activities, up to 2 pets allowed (no weight or size limit). Whether you are seeking a full-time residence, vacation getaway, second home or investment property (valued returning renter’s incomes can offset HOA fees), this immaculate condo is ready for you to move in and start enjoying the island lifestyle today. Don't miss this combination of location, amenities and value on Longboat Key!

The essentials

Built
1974
Price / sqft
$576
On market
285 days
Annual tax
$5,922
Condo dues
$1,763/mo
Flood zone
AE
Type
Condominium

At a glance

Condo
Built 1974
Waterfront
Bay/Harbor
Community pool
Fitness center too
1,128 sqft
Living area

Payment

Est. monthly payment
$5,971/mo
Down payment (20%)
$130,000
Property taxes
$493/mo
Condo dues
$1,763/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1974
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
-
Waterfront
Bay/Harbor, Beach Front
Days on Market
285
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Walk-in Closet(s)
Outdoor Shower
Rain Gutters
Sidewalk
Sliding Doors
Sprinkler Metered
Storage
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
No Truck/Rv/Motorcycle Parking
Pool
Sidewalks
Special Community Restrictions
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Flood Zone AE
Annual Tax (2024)
$5,922
Parcel #
7993811103

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
The Banyan Bay Club
County
Manatee
MLS Area
34228 - Longboat Key
Condo dues
$1,763/mo
PROGRESSIVE COMMUNITY MGMT/SHANE RANIERE

Price history

Date
Event
Price
1/1/2026
Listed for sale
Source: Stellar MLS #A4677090
$649,999
$576/sqft

Neighborhood

5260 Gulf Of Mexico Dr #403
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $649,999
$615,000 – $649,999
94.3% – 100% of listTops out right at the list price
80% of listList price
69 of the last 136 condo closings in 34228 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 285.

Sample: 136 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,971/mo
Principal & interest$3,390
Property taxes$493
Insurance$325
HOA$1,763
Down payment20% · $130,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$649,999

$576 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,128 sq ft

Time on market

285 days

Year built

1974

Monthly payment

About $5,971/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,922 annual tax bill, insurance, and $1,763/mo in condo dues.

Condo dues

$1,763/mo

Managed by PROGRESSIVE COMMUNITY MGMT/SHANE RANIERE.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Kaitlin KuhnListing data from Stellar MLS, MLS# A4677090.

Keep exploring Florida

Pick up where you left off, or see what else is out there.