5260 Gulf Of Mexico Dr #413, photo 1
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Overview

2 bd2 ba1,155 sqftCondominium
TypeCondominium
Condo dues$1,763/mo
Built1974
Living area1,155 sqft
Price / sqft$476

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

About this home

Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomThermostatWalk-in Closet(s)Window Treatments

5260 Gulf Of Mexico Dr #413 is a 1974-built home in The Banyan Bay Club, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,155 square feet of living space. Listed at $550,000 (about $476/sqft), 103 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $1,763 monthly.

From the listing

Move-in-ready condition, ground-floor bayside condominium with Sarasota Bay views and deeded private Gulf beach access in the sought-after Banyan Bay Club! Discover effortless coastal living in this beautifully updated 2-bedroom, 2-bath residence offering 1,155 square feet on the bayside of Longboat Key. Thoughtfully renovated throughout, this inviting home features new luxury vinyl plank flooring, new kitchen appliances, updated bathrooms with new vanities, and a bright, open floor plan designed for comfortable island living. Enjoy Sarasota Bay views from the living room, primary bedroom, and private rear patio. Step directly from your patio onto the beautifully landscaped lawn, where you can enjoy your morning coffee, watch boats and dolphins pass by, observe abundant coastal wildlife, and welcome beautiful Florida sunrises. The convenient ground-floor location offers effortless access and seamlessly blends indoor and outdoor living. Residents of this pet-friendly community enjoy the best of both worlds with deeded private Gulf beach access and outstanding amenities, including a heated pool, clubhouse, pickleball, tennis, fishing pier, kayak storage and launch, and assigned parking. Whether you enjoy boating, kayaking, fishing, shelling, or relaxing on the beach, this community offers the quintessential Longboat Key lifestyle. Ideally located near championship golf, waterfront dining, marinas, boutique shopping, St. Armand's Circle, and downtown Sarasota, this exceptional residence is perfect as a primary home, seasonal retreat, or investment opportunity. Don't miss this rare opportunity to own an updated, move-in-ready, bayside condominium with Sarasota Bay views, deeded private Gulf beach access, and the relaxed elegance of island living. EASY TO SHOW. SUPRA ON storeroom door across from front door.

The essentials

Built
1974
Price / sqft
$476
On market
103 days
Annual tax
$2,618
Condo dues
$1,763/mo
Flood zone
AE
Type
Condominium

At a glance

Condo
Built 1974
Waterfront
Bay/Harbor
Community pool
Fitness center too
Assigned parking
1,155 sqft
Living area

Payment

Est. monthly payment
$5,124/mo
Down payment (20%)
$110,000
Property taxes
$218/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
Assigned, Covered, Ground Level, Guest
Waterfront
Bay/Harbor
Days on Market
103
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Thermostat
Walk-in Closet(s)
Window Treatments
Lighting
Sidewalk
Sliding Doors
Storage
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Fitness Center
Pool
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range
Refrigerator
Washer
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$2,618
Parcel #
7993811608

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
Lot Size
-
FloodZoneGreenbeltLandscapedSidewalkPaved
Condo dues
$1,763/mo
Shane Raniere

Price history

Date
Event
Price
7/2/2026
Listed for sale
Source: Stellar MLS #A4698906
$550,000
$476/sqft

Neighborhood

5260 Gulf Of Mexico Dr #413
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $550,000
$520,000 – $550,000
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 103.

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
$5,125/mo
Principal & interest$2,868
Property taxes$218
Insurance$275
HOA$1,763
Down payment20% · $110,000
Interest rate6.80%
Loan term

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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

$550,000

$476 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,155 sq ft

Time on market

103 days

Year built

1974

Monthly payment

About $5,124/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,618 annual tax bill, insurance, and $1,763/mo in condo dues.

Condo dues

$1,763/mo

Managed by 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?

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Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Bobbie BananListing data from Stellar MLS, MLS# A4698906.

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