18 days on rocket

5055 Gulf Of Mexico Dr Unit 424, Longboat Key, FL, 34228

$775,000

Home List Price

$9,203*

Closing Credit

2 Bedrooms
2 Full Baths
1,484 SqFt
$522/SqFt
Condo
Schools Nearby

Location

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5055 Gulf Of Mexico Dr Unit 424, Longboat Key$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Converted Garage, Guest, Under Building
Year Built1973
HeatingCentral, Electric
CoolingCentral Air
WaterfrontGulf
ViewTennis Court
MLS #A4606790
StatusActive

About 5055 Gulf Of Mexico Dr Unit 424

Experience resort-style living at Club Longboat Beach and Tennis on beautiful Longboat Key, Florida. Nestled in a tropical setting, this vibrant community offers an array of amenities to enhance your lifestyle. Enjoy the convenience of eight Har-Tru tennis courts, including three marked for pickleball, shuffleboard, fitness facilities, and a rejuvenating sauna. Lounge by one of two pools or indulge in the relaxing spa. With an on-site tennis professional and regular events, there's always something to do. Lounge chairs and beach umbrellas await you for lazy days by the Gulf of Mexico, just steps from your doorstep. This 85 unit community has on-site management for your convenience. Enjoy paradise in this truly spacious condo featuring two living areas, ample storage, oversized interior laundry, covered parking, brand new HVAC system, and two private balconies. Need extra space? Simply separate the living areas with a discreet partition. Sold turnkey furnished - just bring your clothes and tennis racket! There is an elevator to this second floor unit. Plus, with 750 feet of direct beach access and a prime location near top-notch dining, shopping at Publix, banking services, and more, everything you need is within reach. Don't miss this opportunity to live the Longboat Key lifestyle – schedule your viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 2
  • Living Area: 1,484 SqFt

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
  • Office Phone: (941) 225-7355
  • Listing Agent: Jill Thomas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fans(s), Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Tennis Court
  • Exterior: Balcony, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Parking: Assigned, Converted Garage, Guest, Under Building

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: Take Gulf of Mexico Drive to 5055 on the Gulf side. Turn right when entering complex to building 4. Park in any of the spots in the parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $522/SqFt
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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

5055 Gulf Of Mexico Dr Unit 424 vs Longboat Key

18 DAYS ON ROCKET

-66 Days

$775,000

-$398.3K Less

$522/SqFt

-$210 Less

KEY TAKEAWAY

This property is $398.3K less than the Median Sold Price and $210/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: #A4606790

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
  • Office Phone: (941) 225-7355
  • Listing Agent: Jill Thomas

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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: 4/29/2024, 3:19:22 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

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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-3187352
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 7.62 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3187353
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 6.88 miles

  • Public District Grades 6-8

High School

school-card-donut-3187354
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.48 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. Residents of Longboat Key, FL typically earn between $35k-100k each year. Typical family type 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 5055 Gulf Of Mexico Dr Unit 424

What is the listing price of this property?

The listing price of 5055 Gulf Of Mexico Dr Unit 424 property is $775,000.

What type of property is this?

The property 5055 Gulf Of Mexico Dr Unit 424 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5055 Gulf Of Mexico Dr Unit 424 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5055 Gulf Of Mexico Dr Unit 424 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 5055 Gulf Of Mexico Dr Unit 424 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5055 Gulf Of Mexico Dr Unit 424 is 1,484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5055 Gulf Of Mexico Dr Unit 424 is 1973.

Rocket HomesFloridaManatee CountyLongboat Key342285055 Gulf Of Mexico Dr Unit 424

This home is located at 5055 Gulf Of Mexico Dr Unit 424 in Longboat Key, FL and zip code 34228. This 1,484 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $775,000.

Longboat Key, FL housing market in March 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 39 sold below. The inventory of homes for sale in Longboat Key, FL between February 2024 and March 2024 increased by 2.8%. In March 2024 median list price was $1,173,333 and the average listing age was 84 days.

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

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