3 months on rocket

5231 Gulf Of Mexico Dr Unit 104, Longboat Key, FL, 34228

$599,000

Home List Price

$7,113*

Closing Credit

1 Bedroom
1 Full Bath
720 SqFt
$832/SqFt
Condo
Schools Nearby

Location

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5231 Gulf Of Mexico Dr Unit 104, Longboat Key$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded
Year Built1973
HeatingElectric, Heat Pump
CoolingCentral Air
WaterfrontGulf
ViewWater
MLS #A4595436
StatusActive

About 5231 Gulf Of Mexico Dr Unit 104

This is the gem you have been waiting for. Unique opportunity to own this piece of paradise you will want to hang onto like these owners have for 27 years. Impeccably maintained Walkout Ground Floor beachfront condo on the Gulf of Mexico in Covert II on Longboat Key, Florida. Turnkey 1 bedroom / 1 bath home with exquisite unobstructed views of the gulf and the stunning sunsets that Longboat Key is known for from one end of the unit to the other. Enjoy the ground floor intimacy with no steps from private parking space to condo and from lanai to wide, private, white sand beach where chaise lounges are provided. A private heated pool in the front of the building – perfect should it be a windy beach day – with chaise lounges, patio tables and tropical landscaping just steps from the front door. Enjoy access to a quaint, private fishing dock just across the street on Sarasota Bay to watch the sunrise or put in your kayak or paddle board to explore. Premium window treatments, artfully designed tile shower, tasteful knockdown texture throughout, porcelain tiled floor, decorated in Florida style, sleeper sofa for guests. HVAC new 4 years ago. A water heater with emergency shutoff new 2 years ago. Choose to rent (30 day minimum with no limit on number) and take advantage of income earning potential (most recently rented for $7500/month in season) or enjoy as your second home in this quiet low-rise of 27 units on 4 floors. You can have it all. Situated on the northern part of the island, you will be far enough from the action to relax but close enough to find it. An eight foot wide paved walkway the length of this 11 mile island makes walking and biking safe and accessible. Beat the occasional dinner traffic with an easy stroll to 7-plus restaurants ranging from casual to gourmet. Walk to the Center Shops (restaurants, UPS store, art gallery, gourmet ice cream, hair salon, Pilates studio, flower shop, antique store, clothing store, dry cleaner), Backyard Bike Shop or Joan Durante Community Park – a 32 acre wetland and coastal hammock forest featuring a playground and boardwalk paths through the mangroves – a unique oasis for wildlife and people and a birdwatchers paradise. A large grocery store is within an easy drive or venture off the island 15 minutes south to St Armand's Circle of world class restaurants, shops, and galleries or into Sarasota to the Ringling Mansion and Museum, Marie Selby Botanical Gardens, Van Wezel Performing Arts Center – to name a few. Drop everything and check this one out now.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 4
  • Living Area: 720 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Scott Rickards, PA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Water
  • Exterior: Outdoor Grill, Sliding Doors

Parking Information:

  • Parking: Deeded

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • 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 to 5231 on West Side (Gulf) of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $832/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

$727

Avg. Days On Market

59

# of Sold Homes

58

5231 Gulf Of Mexico Dr Unit 104 vs Longboat Key

112 DAYS ON ROCKET

+53 Days

$599,000

-$574.7K Less

$832/SqFt

+$104 More

KEY TAKEAWAY

This property is $574.7K less than the Median Sold Price and $104/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: #A4595436

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Scott Rickards, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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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: 5/5/2024, 11:49:32 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

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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-6806170
8
/10
  • Anna Maria Elementary School

  • 4700 Gulf Dr

  • 7.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6806171
3
/10
  • Martha B. King Middle School

  • 600 75th St NW

  • 6.76 miles

  • Public District Grades 6-8

High School

school-card-donut-6806172
2
/10
  • Bayshore High School

  • 5401 34th St W

  • 4.55 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. Residents typically live in married, no kids family. 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 5231 Gulf Of Mexico Dr Unit 104

What is the listing price of this property?

The listing price of 5231 Gulf Of Mexico Dr Unit 104 property is $599,000.

What type of property is this?

The property 5231 Gulf Of Mexico Dr Unit 104 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5231 Gulf Of Mexico Dr Unit 104 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5231 Gulf Of Mexico Dr Unit 104 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 5231 Gulf Of Mexico Dr Unit 104 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5231 Gulf Of Mexico Dr Unit 104 is 720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5231 Gulf Of Mexico Dr Unit 104 is 1973.

Rocket HomesFloridaManatee CountyLongboat Key342285231 Gulf Of Mexico Dr Unit 104

This home is located at 5231 Gulf Of Mexico Dr Unit 104 in Longboat Key, FL and zip code 34228. This 720 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 14, 2024 and is currently priced at $599,000.

Longboat Key, FL housing market in April 2024 saw over 3 listings sold above listed price, more than 12 sold at listed price and over 43 sold below. The number of homes for sale in Longboat Key, FL decreased by 4.5% between March 2024 and April 2024. In April 2024 median list price was $1,173,750 and the average listing age was 59 days.

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

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