13 days on rocket

4900 Gulf Of Mexico Dr Unit Ph5, Longboat Key, FL, 34228

$800,000

Home List Price

$9,500*

Closing Credit

2 Bedrooms
2 Full Baths
1,312 SqFt
$610/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4900 Gulf Of Mexico Dr Unit Ph5, Longboat Key$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Common, Covered, Ground Level, Guest, Under Building
Year Built1975
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay, Intracoastal Waterway, Marina
ViewPool, Tennis Court, Water
MLS #A4607618
StatusActive

About 4900 Gulf Of Mexico Dr Unit Ph5

Views are priceless and incredibly breathtaking! Penthouse along the bay with million-dollar water views of Sarasota Bay and convenient deeded beach access, rare pet-friendly, two-pet community, two marinas with boat slips, and across from one of two pools, the pickleball/tennis courts and clubhouse. Potential rental investment/second home opportunity: This penthouse may be leased two times a year with a one-month minimum. Prime location mid-island and ideally situated providing spectacular sunrises from the living room and both bedrooms, as well as breathtaking sunsets from the kitchen and front entry. This two-bedroom and two-bath penthouse with plenty of storage, also features an amenity-rich community: two marinas with a boat slip/Jetski slips (28 slips/waitlist), convenient deeded beach access and two public beach access points, two pickleball/tennis courts, two heated pools, kayaking/kayak racks, two saunas, fitness room, meeting room, two community fire pits, community grills, shuffleboard, bike racks, clubhouse with kitchen, library, a half mile of waterfront trails and elevators. The kitchen features granite countertops and stainless-steel appliances as well as a reverse osmosis system for drinking water at the kitchen sink. This penthouse unit is unique from the other units in that the prior owner opened the kitchen to have water views of the Sarasota Bay and an open view to the dining and living rooms. There are water views from every room in this penthouse. The washer and dryer are Bosch and conveniently in the owner’s closet. The second bedroom features a Murphy bed and lots of built-in closets for clothing and storage. Windward Bay is convenient to St. Armands Circle, downtown Sarasota, championship golf courses, pickleball and tennis courts, boating, fishing, the beach, award-winning restaurants, shopping, Publix, coffee shops and music venues. Google Windward Bay location to see the surrounding area. This Windward Bay community has undergone improvements in the last couple of years and features, among other items, new roofs on all of the mid-rises and in December 2023 for this Building B, HVAC enhancement, new catwalks, new railings and new exterior paint. See complete list under documents. Phase I Milestone Inspection completed and passed so no need for Phase II Milestone Inspection and certified for another 10 years. Reserve study also completed. Be sure to tour in person to experience this amazing opportunity to own on Longboat Key and be close enough to the new St. Regis Resort to enjoy their beach tiki bar and restaurants. Easy to show with convenient showing times.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1975
  • Stories: 4
  • Living Area: 1,312 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Sharon Austin

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Purifier
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, 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, Intracoastal Waterway, Marina
  • View: Pool, Tennis Court, Water
  • Exterior: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sprinkler Metered, Storage, Tennis Court(s)

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Common, Covered, Ground Level, Guest, Under Building

Virtual/3D Tour

  • Virtual Tour: 4900 Gulf Of Mexico Dr Unit Ph5

Virtual Tour

Lot Features

Lot Information:

  • Lot: Flood Zone, Landscaped, Level, Near Golf Course, Near Marina, Sidewalk, Paved, Private

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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: [Three beach access points. (One deeded beach access and two public beach access points- See Map under Documents in MLS.)] Gulf of Mexico Drive to Windward Bay (mid-island) on bay side of street, near and across from Zota Beach Resort. Turn left once you enter the complex. Go to building B. Penthouse unit is on the top floor-take stairs or elevator to 4th floor. Easy parking in Guest parking. (FYI: Seller Parking space is under building B, marked PH5 and separate storage unit in front of covered parking space marked PH5.)

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
  • Price Per SqFt: $610/SqFt

HOA Fees:

  • Amount: $1303
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Longboat Key, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$727

Avg. Days On Market

59

# of Sold Homes

58

4900 Gulf Of Mexico Dr Unit Ph5 vs Longboat Key

13 DAYS ON ROCKET

-46 Days

$800,000

-$373.7K Less

$610/SqFt

-$118 Less

KEY TAKEAWAY

This property is $373.7K less than the Median Sold Price and $118/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: #A4607618

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Sharon Austin

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: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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-4526639
8
/10

  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 8.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4526640
3
/10

  • Martha B. King Middle School

  • 600 75th St NW

  • 7.17 miles

  • Public District Grades 6-8

High School

school-card-donut-4526641
2
/10

  • Bayshore High School

  • 5401 34th St W

  • 4.47 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4900 Gulf Of Mexico Dr Unit Ph5

What is the listing price of this property?

The listing price of 4900 Gulf Of Mexico Dr Unit Ph5 property is $800,000.

What type of property is this?

The property 4900 Gulf Of Mexico Dr Unit Ph5 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 4900 Gulf Of Mexico Dr Unit Ph5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4900 Gulf Of Mexico Dr Unit Ph5 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

How many bedrooms and bathrooms does this property have?

The property at 4900 Gulf Of Mexico Dr Unit Ph5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4900 Gulf Of Mexico Dr Unit Ph5 is 1,312 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4900 Gulf Of Mexico Dr Unit Ph5 is 1975.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›4900 Gulf Of Mexico Dr Unit Ph5

This home is located at 4900 Gulf Of Mexico Dr Unit Ph5 in Longboat Key, FL and zip code 34228. This 1,312 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $800,000.

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. In April 2024 in Longboat Key, FL there were 4.5% less homes for sale than in March 2024. While the average time on the market in April 2024 was 59 days, the median list price was $1,173,750.

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

More Resources