4 months on rocket

4241 Gulf Of Mexico Dr Unit 502, Longboat Key, FL, 34228

$1,995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,660 SqFt
$1,202/SqFt
Condo
Schools Nearby

Location

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4241 Gulf Of Mexico Dr Unit 502, Longboat Key$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage Door Opener, Tandem, Under Building
Attached Garage2 spaces
Year Built1980
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Gulf
FireplaceWood Burning
ViewWater
MLS #A4594979
StatusActive

About 4241 Gulf Of Mexico Dr Unit 502

BRAND NEW ROOF AND PRICED TO SELL! Don't let this direct Beach front condo with full sunset views get away! Wake up everyday where the morning begins with the gentle embrace of streaming sunrise rays into your east facing primary suite with private 16'x7 open-air terrace. Nestled above the treetops, this end unit invites you to seize the opportunity of unobstructed views of the beautiful bay every day and a perfect spot to sip your morning coffee. The only thing that rivals the start of every day with this display in the sky, is the extraordinary privelege of daily evening sunsets from your private, 17' x 9' covered terrace! Imagine ending your days with an evening ritual of seeing what magical display the sunset has in store for you! This fifth floor unit is a true coastal sanctuary flooded with sunshine and a front seat to the fabulous Florida skies that only the top level floors can bring! Once inside this oceanfront oasis, you will feel the tension release from your body and be replaced with a feeling of calm and serenity. Experience a life of unparalleled tranquility where coastal elegance meets panoramic vistas that only the high level floors deliver. The attention to detail is evident in every corner, from the meticulously selected materials featuring marble countertops, soapstone island, stunning wood floors, custom brick wall and faux three dimensional stone walls adding a touch of refined elegance, warmth and style. The living spaces are designed to showcase a seamless blend of style and functionality, creating an ambiance that is both inviting and gracious. Every detail, from the cabinetry to the lighting fixtures, has been carefully curated to create a kitchen oasis that caters to both culinary prowess and aesthetic taste. The open floorplan is an entertainers dream with multiple gathering areas for conversation and intimate moments watching nature at it's best. This three bed, two and a half bath end unit offers an abundance of natural light and cross breezes from ocean to bay. Upon entering the unit from your fifth floor lobby, you will be mesmerized by the unique exquisite design elements and efficient use of space. Pelican Harbour condominium building is a charming boutique condominium building with only 9 units! Electric Hurrican shutter on your terrace and impact doors windows give you peace of mind during hurricane season. This east-to-west, fifth floor unit comes with garage parking for 2 cars plus storage, offering owners an extra level of protection and reassurance. Walk across Gulf of Mexico Drive to enjoy the amenities offered to all Pelican Harbour and Beach Club residents which include heated pool, boat docks, community clubhouse, tennis courts, kayak launch and fishing pier! The location is mid island offering quick and easy access to shopping and Longboat Key's finest restaurants. St. Armands is a short drive away for the more upscale shopping and dining options! Unit 502 is a rare treasure and will not last long. Call for your private tour today and start enjoying a life of unrivaled beauty and elegance....bask in the magical sunsets every night from your living room and covered terrace and wake up to enjoy the glorious sunrise views from your exquisite primary bedroom. Make this rare opportunity your slice of heaven today! Bedroom Closet Type: Built In Closet (Primary Bedroom).

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 5
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: SARASOTA TRUST REALTY COMPANY
  • Office Phone: (941) 366-1619
  • Listing Agent: Renee Preininger

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Balcony, Hurricane Shutters, Storage, Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Garage Door Opener, Tandem, Under Building

Virtual/3D Tour

  • 3D Tour: 4241 Gulf Of Mexico Dr Unit 502

3D Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bayshore High School, Public District Grades 9-12
  • Martha B. King Middle School, Public District Grades 6-8
  • Anna Maria Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GULF OF MEXICO DRIVE TO 4241, 5TH FLOOR

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $1,202/SqFt

Tax Information:

  • Annual Amount: $15,721
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$727

Avg. Days On Market

59

# of Sold Homes

58

4241 Gulf Of Mexico Dr Unit 502 vs Longboat Key

125 DAYS ON ROCKET

+66 Days

$1,995,000

+$821.2K More

$1,202/SqFt

+$474 More

KEY TAKEAWAY

This property is $821.2K more than the Median Sold Price and $474/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4594979

Listing Office:

  • Office Name: SARASOTA TRUST REALTY COMPANY
  • Office Phone: (941) 366-1619
  • Listing Agent: Renee Preininger

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 11:19:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 2014Home Sold
$677,500

Tax History

YEARPROP. TAXASSESSMENT
2020$15,721$950,000
2018$12,542$930,000
2017$12,543$833,500

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1896464
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 8.77 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1896465
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 7.82 miles

  • Public District Grades 6-8

High School

school-card-donut-1896466
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,893. The majority of Longboat Key, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4241 Gulf Of Mexico Dr Unit 502

What is the listing price of this property?

The listing price of 4241 Gulf Of Mexico Dr Unit 502 property is $1,995,000.

What type of property is this?

The property 4241 Gulf Of Mexico Dr Unit 502 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 4241 Gulf Of Mexico Dr Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4241 Gulf Of Mexico Dr Unit 502 are:
Anna Maria Elementary School: GreatSchools Rating 8/10
Martha B. King Middle School: GreatSchools Rating 3/10
Bayshore High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,721 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 15, 2014 for $677,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4241 Gulf Of Mexico Dr Unit 502 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4241 Gulf Of Mexico Dr Unit 502 is 1,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4241 Gulf Of Mexico Dr Unit 502 is 1980.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›4241 Gulf Of Mexico Dr Unit 502

This home is located at 4241 Gulf Of Mexico Dr Unit 502 in Longboat Key, FL and zip code 34228. This 1,660 square foot home was built in 1980. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $1,995,000.

In April 2024, from all listings sold in Longboat Key, FL there were more than 3 sold above asking price, over 43 sold below and more than 12 were sold right at the asked price. The number of listings in Longboat Key, FL decreased by 4.5% between March 2024 and April 2024. In April 2024 median list price was $1,173,750 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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