13 days on rocket

5055 Gulf Of Mexico Dr Unit 535, Longboat Key, FL, 34228

$1,995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,509 SqFt
$1,322/SqFt
Condo
Schools Nearby

Location

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5055 Gulf Of Mexico Dr Unit 535, Longboat Key$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Ground Level, Guest, Reserved, Under Building
Year Built1973
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
WaterfrontBeach, Gulf
ViewWater
MLS #A4606759
Lot Size6.16 Acres
StatusActive

About 5055 Gulf Of Mexico Dr Unit 535

Welcome to a haven of elegance and style, painstakingly transformed through meticulous renovations in this spectacular 2BR/2BA penthouse, nestled in desirable Building #5 of Club Longboat Beach & Tennis. Here, sumptuous beachfront living reaches its pinnacle against the backdrop of unobstructed Gulf views, evoking the sensation of living on a luxurious cruise, with the shimmering water as your exquisite backdrop and the sunsets painting the sky with vibrant hues. Every detail of this residence has been thoughtfully reimagined from its structural redesign down to the studs, to create a masterpiece of design panache. Upon entry, be greeted by gorgeous wood floors that flow seamlessly throughout the main living areas, complemented an unbelievable architecturally stunning 12’ beamed cathedral ceilings in the open great room, all in pristine white, adding a touch of drama and glamor. The kitchen stands as a showpiece of modern luxury featuring 9 foot ceilings, a center island with four bar stools, top-of-the-line appliances including a Sub-Zero refrigerator, Wolf induction range, and Miele dishwasher, along with a large walk-in pantry. The combination dining room and great room/bar lounge area is complete with a wet sink and a 42-bottle dual zone Sub-Zero wine cooler and a separate Sub-Zero beverage cooler, with direct access to the terrace for unobstructed postcard sunsets! The primary suite offers both space and comfort, with a cozy sitting area, access to one of the Gulf-front terraces and a custom-fitted walk-in closet. The primary bath is a sanctuary of luxury, adorned with marble touches, dual vanities, a glass walk-in shower and a separate water closet. Guest accommodations are equally inviting, with the guest bath exuding sophistication with its marble finishes. Plenty of closets including a convenient interior activity storage room. Step out onto the two open, expansive Gulf-front terraces with electric awnings where you can bask in quiet relaxation or entertain guests against the breathtaking backdrop of the Gulf of Mexico. Quality furnishings professionally selected to highlight the elegant but casual style is flawless. All new hurricane impact windows and sliders, plus $50k Savant home automation system and fully automated shades. Club Longboat Beach & Tennis is a pet-friendly community with two heated pools, an adult pool with jacuzzi, a fitness center with sauna/locker rooms, a clubhouse and 8 Har-Tru tennis courts, complete with a tennis professional and ball machine. Ready for immediate occupancy. This home is a win-win!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom, Other
  • Year Built: 1973
  • Stories: 3
  • Living Area: 1,509 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Ackerman, PA

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Wine Cooler
  • Flooring Type: Carpet, Hardwood, Marble
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Wet Bar, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Awning(s), Balcony, Lighting, Sliding Doors, Tennis Court(s)

Parking Information:

  • Parking: Assigned, Covered, Ground Level, Guest, Reserved, Under Building

Lot Features

Lot Information:

  • Lot: Cleared, Flood Zone
  • Lot Size: 6.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned

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: North on GMD, turn left into Club Longboat Beach & Tennis, then turn right, head to building #5, third Floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $1,322/SqFt
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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

$732

Avg. Days On Market

84

# of Sold Homes

45

5055 Gulf Of Mexico Dr Unit 535 vs Longboat Key

13 DAYS ON ROCKET

-71 Days

$1,995,000

+$821.6K More

$1,322/SqFt

+$590 More

KEY TAKEAWAY

This property is $821.6K more than the Median Sold Price and $590/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: #A4606759

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Ackerman, PA

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: 4/29/2024, 7:19:17 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

$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-3306794
8
/10

  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 7.62 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3306795
3
/10

  • Martha B. King Middle School

  • 600 75th St NW

  • 6.88 miles

  • Public District Grades 6-8

High School

school-card-donut-3306796
2
/10

  • Bayshore High School

  • 5401 34th St W

  • 4.48 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. The majority of Longboat Key, FL residents have income 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 5055 Gulf Of Mexico Dr Unit 535

What is the listing price of this property?

The listing price of 5055 Gulf Of Mexico Dr Unit 535 property is $1,995,000.

What type of property is this?

The property 5055 Gulf Of Mexico Dr Unit 535 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5055 Gulf Of Mexico Dr Unit 535 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 535 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 535 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5055 Gulf Of Mexico Dr Unit 535 is 1,509 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5055 Gulf Of Mexico Dr Unit 535 is 1973.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›5055 Gulf Of Mexico Dr Unit 535

This home is located at 5055 Gulf Of Mexico Dr Unit 535 in Longboat Key, FL and zip code 34228. This 1,509 square foot home, which was built in 1973, sits on a 6.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,995,000.

In March 2024, from all listings sold in Longboat Key, FL there were more than 2 sold above asking price, over 39 sold below and more than 4 were sold right at the asked price. In March 2024 in Longboat Key, FL there were 2.8% more homes for sale than in February 2024. 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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