5055 Gulf Of Mexico Dr #115, photo 1
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Overview

3 bd2 ba1,484 sqftCondominium
TypeCondominium
Condo dues$2,167/mo
Built1973
Living area1,484 sqft
Price / sqft$489

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

About this home

Built-in FeaturesEat-in KitchenHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood Cabinets

5055 Gulf Of Mexico Dr #115 is a 1973-built home in Club Longboat Beach & Tennis, Longboat Key. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,484 square feet of living space. Listed at $725,000 (about $489/sqft), 37 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $2,167 monthly.

From the listing

Turnkey furnished, beautifully updated with beachfront resort amenities! Enjoy easy first-floor access at desirable Club Longboat Beach & Tennis Resort. This tastefully appointed, light and bright residence offers approximately 1,484 square feet, three bedrooms and two baths, with no elevators or long walks. Enjoy covered parking conveniently at your doorstep. Wide-plank flooring and a coastal palette complement the updated kitchen with white cabinetry, stainless steel appliances, under-cabinet lighting, a glass tile backsplash, and a large island with seating. Floor-to-ceiling sliders open from each room onto lushly landscaped paver walkways and a large private patio. The primary suite features patio access, generous closets and an updated bath with a walk-in shower. A den/third bedroom with a Murphy bed and large closet adds flexibility for guests. Abundant interior storage, a large laundry room with a full-size washer and dryer and additional cabinetry, a private exterior storage room and one covered parking space complete the offering. Enjoy approximately 750 feet of Gulf-front beach, beach chairs and umbrellas, eight Har-Tru tennis courts, an on-site tennis professional, pickleball, two heated pools with separate adult and family areas, spa, sauna, grilling, bocce and fishing. On-site management and an active social calendar enhance the community experience. A newly renovated clubhouse with expanded fitness and social spaces is planned. Club Longboat is pet-friendly for owners, including those with large dogs, and allows a 30-day minimum rental period and up to 12 leases annually. Rental history is available upon request. This mid-key location offers convenient access to dining, boating and golf, with St. Armands Circle and downtown Sarasota a short drive away. Arrive, unpack and head to the beach!

The essentials

Built
1973
Price / sqft
$489
On market
37 days
Annual tax
$8,300
Condo dues
$2,167/mo
Flood zone
AE
Type
Condominium

At a glance

Condo
3 stories · 1973
Waterfront
Beach Front
Community pool
Fitness center too
Assigned parking
1,484 sqft
Living area

Payment

Est. monthly payment
$7,002/mo
Down payment (20%)
$145,000
Property taxes
$692/mo
Condo dues
$2,167/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1973
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Covered, Deeded, Ground Level, Guest, Reserved
Waterfront
Beach Front, Gulf/Ocean
Days on Market
37
Built-in Features
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Stone Counters
Thermostat
Window Treatments
Courtyard
Garden
Lighting
Outdoor Grill
Rain Gutters
Sidewalk
Storage
Tennis Court(s)
Buyer Approval Required
Clubhouse
Deed Restrictions
Fitness Center
Pool
Sidewalks
Street Lights
Dishwasher
Disposal
Dryer
Electric Water Heater
Freezer
Ice Maker
Microwave
Range
Refrigerator
Washer
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Bayshore High

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

Flood Zone AE
Annual Tax (2026)
$8,300
Parcel #
7998100304

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
Club Longboat Beach & Tennis
County
Manatee
MLS Area
34228 - Longboat Key
Lot Size
-
In CountyLandscapedNear Golf CourseNear MarinaNear Public TransitPrivateRolling SlopeSidewalkSlopedPaved
Condo dues
$2,167/mo
Jon Riley

Price history

Date
Event
Price
10/13/2026
Price change
Source: Stellar MLS #A4705924
$725,000-3.3%
$489/sqft
-
Price change
Source: Stellar MLS #A4705924
$750,000-5.7%
$505/sqft
9/11/2026
Listed for sale
Source: Stellar MLS #A4705924
$795,000
$536/sqft

Neighborhood

5055 Gulf Of Mexico Dr #115
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $725,000
$685,000 – $725,000
94.3% – 100% of listTops out right at the list price
80% of listList price
72 of the last 142 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 37 after a $70,000 cut.

Sample: 142 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
$7,002/mo
Principal & interest$3,781
Property taxes$692
Insurance$363
HOA$2,167
Down payment20% · $145,000
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

$725,000

$489 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,484 sq ft

Time on market

37 days

Year built

1973

Monthly payment

About $7,002/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,300 annual tax bill, insurance, and $2,167/mo in condo dues.

Condo dues

$2,167/mo

Managed by Jon Riley.

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 byPREMIER SOTHEBY'S INTERNATIONAL REALTYListing agent: Cindy FischerListing data from Stellar MLS, MLS# A4705924.

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