2 months on rocket

4540 Gulf Of Mexico Dr Unit 205, Longboat Key, FL, 34228

$860,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,325 SqFt
$649/SqFt
Condo
Schools Nearby

Location

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4540 Gulf Of Mexico Dr Unit 205, Longboat Key$860,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Ground Level, Guest, Open, Under Building
Attached Garage1 space
Year Built1975
HeatingCentral
CoolingCentral Air
WaterfrontBay
ViewPark, Water
MLS #A4601556
Lot Size26.00 Acres
StatusActive

About 4540 Gulf Of Mexico Dr Unit 205

Entering this cheery and bright water view condo, you are greeted by a gorgeous, unique open floor plan. With gleaming 24” porcelain tile laid on the diagonal and flowing seamlessly throughout the entire home, the living space and views have been maximized to show off the beauty of Sarasota Bay and the Mangrove Preserve. An entire wall has been dedicated to over 30’ of windows. It is truly like having a front row seat to Mother Nature. The floor plan has been reengineered to create an open and airy great room and split bedroom plan. The Owner’s Retreat is nestled at the far end of the residence and includes a spacious walk-in closet plus ensuite bathroom with double bowl vanity and custom glass enclosed shower. The Guest Bedroom is tucked away on the other side of the home and can do double duty as a home office or second lounging space. An extra bonus is a fun and creative twin bed sleeping space for the kiddos adjacent to the Owner's Retreat. The home was fully renovated down to the studs in 2016 including new wiring, new plumbing, recessed lighting, new HVAC, Bosch stackable W/D, and PGT hurricane impact, low-E windows. The finishes are tasteful and high quality with espresso cabinetry, granite counters, oil rubbed bronze hardware and stainless appliances. The monthly HOA fee of $1303 includes the cost of your insurances (flood/hurricane/hazard), exterior maintenance, landscaping, CATV, sewer, water, trash, rec facilities and a contribution to the reserves account – great peace of mind knowing this community takes care of itself! (EXTRA SPECIAL: The Seller has prepaid the 2024 HOA monthly fees and the upcoming $26,490 special assessment in full. These will be credits to the Buyer at closing!). The community has also passed its Milestone Integrity Study and is certified for another ten years. For the water enthusiast, there are first come boat slips available for lease and lifts are allowed. Slips are $45/month or $50/month if with an owner supplied lift. Slips can accommodate an up to 30' boat or personal watercraft. Fido and Fifi will love it here also as two pets (max weight of 75 pounds) are allowed, even for tenants. Windward Bay is amenities rich with 3 beach accesses, 2 heated pools (one is good for laps), tennis, pickle ball, fitness center, sauna, bike racks, kayak storage & launches ($35/year), clubhouse, 2 marinas, 2 fish cleaning stations, BBQ grills, fire pit, outdoor dining tables, 1/2 mile of walking paths and on-site professional management. For those seeking rental income, this community is a reliable producer due to its location and amenities. Rentals are allowed immediately upon ownership with a one month minimum lease up to twice per year. When you want to explore outside this oasis, Windward Bay has easy access to the restaurants, cultural events and shopping of downtown Sarasota and St. Armands Circle along with professional marinas and championship golf nearby.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1975
  • Stories: 4
  • Living Area: 1,325 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Eileen Gillen, PLL

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Park, Water
  • Exterior: Irrigation System, Storage, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Covered, Ground Level, Guest, Open, Under Building

Virtual/3D Tour

  • Virtual Tour: 4540 Gulf Of Mexico Dr Unit 205

Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
  • Lot Size: 26.00 Acres

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 north to 4500 block. When ZOTA Beach Resort is on left, make right into Windward Bay. Make immediate right heading south inside community to first mid-rise building on your left, "F" building. Elevator or stairs to floor 2, Unit 205.

Price Information

Listing Price Info

Price Summary:

  • List Price: $860,000
  • Price Per SqFt: $649/SqFt

HOA Fees:

  • Amount: $1035
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,995
  • 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

$732

Avg. Days On Market

84

# of Sold Homes

45

4540 Gulf Of Mexico Dr Unit 205 vs Longboat Key

61 DAYS ON ROCKET

-23 Days

$860,000

-$313.3K Less

$649/SqFt

-$83 Less

KEY TAKEAWAY

This property is $313.3K less than the Median Sold Price and $83/SqFt less 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: #A4601556

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Eileen Gillen, PLL

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: 4/30/2024, 11:49:15 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

Aug 11, 2016Home Sold
$415,000
Jan 11, 2016Home Sold
$272,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,995$330,000
2018$5,144$315,000
2017$5,144$310,350

History based on county public records data.

Payment Calculator

$5,395

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,645

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-4011970
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 7.97 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4011971
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 7.12 miles

  • Public District Grades 6-8

High School

school-card-donut-4011972
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.46 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. Typical income of Longboat Key, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4540 Gulf Of Mexico Dr Unit 205

What is the listing price of this property?

The listing price of 4540 Gulf Of Mexico Dr Unit 205 property is $860,000.

What type of property is this?

The property 4540 Gulf Of Mexico Dr Unit 205 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 4540 Gulf Of Mexico Dr Unit 205 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4540 Gulf Of Mexico Dr Unit 205 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 $4,995 (source: MLS/based on county public records data).

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

The last sale was on August 11, 2016 for $415,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4540 Gulf Of Mexico Dr Unit 205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4540 Gulf Of Mexico Dr Unit 205 is 1,325 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4540 Gulf Of Mexico Dr Unit 205 is 1975.

Rocket HomesFloridaManatee CountyLongboat Key342284540 Gulf Of Mexico Dr Unit 205

This home is located at 4540 Gulf Of Mexico Dr Unit 205 in Longboat Key, FL and zip code 34228. This 1,325 square foot home, which was built in 1975, sits on a 26.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $860,000.

In March 2024 more than 2 listings in Longboat Key, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 39 were sold below. The number of listings in Longboat Key, FL increased by 2.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,173,333, while the average time on the real estate market was 84 days.

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

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