6 months on rocket

4976 Gulf Of Mexico Dr Unit 18, Longboat Key, FL, 34228

$800,000

Home List Price

$9,500*

Closing Credit

2 Bedrooms
2 Full Baths
1,900 SqFt
$421/SqFt
Condo
Schools Nearby

Location

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4976 Gulf Of Mexico Dr Unit 18, Longboat Key$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Deeded, Ground Level, Guest, Off Street, Open
Year Built1974
HeatingCentral
CoolingCentral Air
WaterfrontBay, Canal
ViewWater
MLS #A4589073
Lot Size26.00 Acres
StatusActive

About 4976 Gulf Of Mexico Dr Unit 18

MOTIVATED SELLER - SPACIOUS MAINTENANCE FREE WATERFRONT HOME - $200,000 PRICE REDUCTION! This waterfront villa offers gorgeous Sarasota Bay and canal views plus the spaciousness (1900 SF) of a single-family home with 2 bedrooms, a den, 2 bathrooms, laundry room and Florida room, yet it is Maintenance-Free! It's the best of both worlds...the size of a house yet the ease of condo living. Offering a perfect island lifestyle and the space to entertain or host guests, this inviting home features a water view Great Room, a Florida Room with attached patio, two Bedrooms with direct access to the Florida Room, two Bathrooms, and a versatile Bonus Room that can serve as a home office, third bedroom, or in-law quarters with its built-in Murphy Bed and exterior entrance. As you enter this waterfront haven, a soothing coastal décor embraces you, harmonizing with the captivating blue water views. Luxury Vinyl Plank floors, recently updated bathrooms with new vanities, new tile and stone countertops, and a generously sized kitchen finished with cottage-style cabinets and a porcelain Farm Sink immerse you into a comfortable coastal lifestyle. Hurricane impact windows and a newer roof ensure peace of mind. Convenience is key with a spacious laundry room housing newer full-sized machines and an attached carport facilitating easy access to your front door for groceries and luggage. In addition, you have your own private patio, perfect for barbecuing the catch of the day, al fresco dining under the stars or watching manatees and dolphins. Venturing beyond your personal oasis, you can indulge in abundant community amenities including 2 heated pools with complementary chaises, saunas, tennis and pickle ball courts, a fitness center, shuffleboard courts, boat slips ($45/month or $50/month with an owner supplied lift), kayak and paddle board storage/launches ($35/year), fishing, 3 beach accesses, and scenic biking/walking paths through 26 acres of professionally landscaped bay front grounds. An additional perk includes the Zota Beach Resort just across the street for fine dining and sunset happy hours. For peace of mind, the community is proactive in maintenance, passing its structural integrity inspection and receiving certification for another ten years. This sought-after community allows two rentals per year with a one-month minimum, enabling income generation while retaining the serene residential living experience. Uniquely pet-friendly, this community welcomes two large pets up to 75 pounds each and provides pet comfort stations throughout the property. Seize the opportunity to make this tranquil island haven your own! It's an extraordinary chance for an easy beach lifestyle in a paradise-like setting.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,900 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, 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, Canal
  • View: Water
  • Exterior: French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sprinkler Metered, Tennis Court(s)

Parking Information:

  • Parking: Covered, Deeded, Ground Level, Guest, Off Street, Open

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Landscaped, 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: From south end of Longboat Key, go north on Gulf of Mexico Drive to 4000 block. When Zota Beach Resort is on the left, make a right into Windward Bay and bear left heading north inside community. At the north end of the community, you'll reach a "T" intersection. Make a left and Villa 18 will be immediately on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
  • Price Per SqFt: $421/SqFt

HOA Fees:

  • Amount: $1035
  • Frequency: Monthly
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Housing Market Comparison

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

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Longboat Key, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$727

Avg. Days On Market

59

# of Sold Homes

58

4976 Gulf Of Mexico Dr Unit 18 vs Longboat Key

189 DAYS ON ROCKET

+130 Days

$800,000

-$373.7K Less

$421/SqFt

-$307 Less

KEY TAKEAWAY

This property is $373.7K less than the Median Sold Price and $307/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: #A4589073

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: 5/22/2024, 11:19:39 AM 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

$5,095

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-6113783
8
/10

  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 8.61 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6113784
3
/10

  • Martha B. King Middle School

  • 600 75th St NW

  • 7.71 miles

  • Public District Grades 6-8

High School

school-card-donut-6113785
2
/10

  • Bayshore High School

  • 5401 34th St W

  • 4.71 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. Most Longboat Key, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4976 Gulf Of Mexico Dr Unit 18

What is the listing price of this property?

The listing price of 4976 Gulf Of Mexico Dr Unit 18 property is $800,000.

What type of property is this?

The property 4976 Gulf Of Mexico Dr Unit 18 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 4976 Gulf Of Mexico Dr Unit 18 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4976 Gulf Of Mexico Dr Unit 18 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 4976 Gulf Of Mexico Dr Unit 18 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4976 Gulf Of Mexico Dr Unit 18 is 1,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4976 Gulf Of Mexico Dr Unit 18 is 1974.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›4976 Gulf Of Mexico Dr Unit 18

This home is located at 4976 Gulf Of Mexico Dr Unit 18 in Longboat Key, FL and zip code 34228. This 1,900 square foot home, which was built in 1974, sits on a 26.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $800,000.

Over 3 listings were sold over their listed price in April 2024 in Longboat Key, FL. In the same period over 43 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Longboat Key, FL between March 2024 and April 2024 decreased by 4.5%. 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.

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