Map location of 5055 GULF OF MEXICO DRIVE 124, LONGBOAT KEY, FL 34228
$445,000
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5055 Gulf of Mexico Drive 124, Longboat Key, FL 34228

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2 Beds
2 Baths
1,484 Sq Ft

Where can you find a large, Gulf-front condominium in an amenity-rich community at this price? This condominium is truly a Longboat Key "best buy." The condominium needs remodeling and has been priced accordingly. Both of the balconies are accessed through sliders and offer lovely Gulf-front views of the community and the shimmering Gulf waters. The community features eight Har-Tru tennis courts with an on-site pro, planned matches, two heated swimming pools and spa. There is also a clubhouse with a fitness center, party room, kitchen and library. On the beach, you will find lounge chairs and umbrellas for the owner's use and room to store kayaks, sailboards, etc. Walkways that meander through the impeccably manicured grounds give it an overall park-like setting. A few of the other noteworthy features include covered owner parking and ample parking for guests, an in-unit laundry room and very favorable rental income potential, should you choose to share your condominium with guests. The island location offers a short drive north to Anna Maria Island or south to The Longboat Key Club, where you find 45 holes of golf and a yacht marina. World-class dining and shopping on St. Armands Circle awaits you or continue across the iconic Ringling Bridge to downtown Sarasota the cultural mecca of Southwest Florida. This is your opportunity to own and create a piece of paradise.

Listing By: David Thomas - PREMIER SOTHEBYS INTL REALTY flmfr Realty.com
  • MLS# A4518345
  • Date Listed11/23/2021
  • Bedrooms 2
  • Bathrooms 2 Full baths
  • Lot Size 8.77 acres (382,095 sq. ft)
  • Sewer Public Sewer
  • Subdivision CLUB LONGBOAT BEACH & TENNIS
  • Property Type Condominium
  • County Manatee
  • Year Built 1973
  • Water Public
  • Square Feet 1,484 sq. ft
  • Price Per Sq. Ft $299.87

Interior Features

  • Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Carpet, Tile
  • Cooling Central Air
  • Heating Central, Electric

Exterior / Lot Features

  • Exterior Balcony, Lighting, Storage, Tennis Court(s), Storage, Tennis Court(s)
  • Roof Tile
  • Lot Size Acres 8.77
  • Lot Size SQFT 382,095.00
  • Lot Features Cleared, Level, Paved, Waterfront

Directions

Mid island LBK, Gulf of Mexico Dr. Location on west side of highway. Make left turn after entering complex to Building #1.

Financial Considerations

  • HOA Fee $3,250
  • Tax Amount $4,741
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Bayshore Elementary School

Public • PK - 5 • Serves this home

6.15 mi

Distance

Sea Breeze Elementary School

Public • PK - 5

6.81 mi

Distance

Robert H. Prine Elementary School

Public • PK - 5

8.03 mi

Distance

Electa Lee Magnet Middle School

Public • 6 - 8

6.52 mi

Distance

State College Of Florida Collegiate School

Public • 6 - 12

6.61 mi

Distance

W. D. Sugg Middle School

Public • 6 - 8 • Serves this home

7.13 mi

Distance

Bayshore High School

Public • 9 - 12 • Serves this home

5.88 mi

Distance

Edison Academic

Private • 06 - 12

5.61 mi

Distance

Img Academy

Private • 06 - 12

5.88 mi

Distance

Inspiration Academy

Private • 06 - 12

6.59 mi

Distance

Mckay Academy - Ave Maria Preparatory School

Private • 01 - 12

6.59 mi

Distance

Easter Seals Swfl Academy - Upper School

Private • 09 - 12

7.19 mi

Distance

Bradenton Christian School

Private • PK - 12

8.03 mi

Distance

New Path Academy Inc.

Private • KG - 12

8.58 mi

Distance

Spark Alc

Private • PK - 12

9.19 mi

Distance

Sales & Tax History

Source: Public Records

Date Event Price
12/30/2021 Sold $511,772.00 15.00%
11/24/2021 Pending $445,000.00
11/23/2021 Active $445,000.00
Street Address Beds Baths Sold Date List Price Valuation Date Valuation Price
5508 TITLE ROW DRIVE | Listing 3 3 Nov 14, 2025 $519,990 Mar 21, 2024 $911,981
531 RANGER LANE | Listing 4 4 Nov 04, 2025 $3,795,500 Mar 21, 2024 $2,663,820
6028 40 AVENUE W 3 2 Nov 18, 2025 $305,000 Dec 02, 2025 -
608 69TH AVENUE W 3 2 Nov 11, 2025 $899,000 Dec 02, 2025 -
5115 44TH ST W 3 2 Oct 30, 2025 $385,000 Dec 02, 2025 -
7331 WESTMORELAND DRIVE 4 4 Nov 04, 2025 $890,000 Dec 02, 2025 -
5204 TITLE ROW DRIVE 5 5 Nov 08, 2025 $1,575,000 Dec 02, 2025 -
600 FOX STREET 3 3 Oct 30, 2025 $899,999 Dec 02, 2025 -
408 BRYN MAWR ISLAND 4 2 Oct 28, 2025 $644,900 Dec 02, 2025 -
7330 WESTMORELAND DRIVE 5 6 Nov 06, 2025 $2,750,000 Dec 02, 2025 -

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 34228

Source: Walkscore

10/100

Car-Dependent

Walk Score ®

55/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 1/100, Bike Score: 38/100.

Points of Interest near 5055 GULF OF MEXICO DRIVE 124, LONGBOAT KEY, FL 34228

Frequently Asked Questions for 5055 GULF OF MEXICO DRIVE 124

Source: Realty.com

5055 GULF OF MEXICO DRIVE 124, LONGBOAT KEY, FL 34228 is a 1,484 sq. ft. condo listed for sale with 2 bedrooms and 2 bathrooms. Realty.com has 64 photos of this condominium, listed at $445,000. View sales and tax history of condos, use our mortgage calculator and more on Realty.com

Realty.com has 64 photos of 5055 GULF OF MEXICO DRIVE 124.

Our records indicate that 5055 GULF OF MEXICO DRIVE 124 was built in 1973.

The full address for this home is 5055 GULF OF MEXICO DRIVE 124, LONGBOAT KEY, FL 34228.

5055 GULF OF MEXICO DRIVE 124 has been listed on Realty.com since Tue November 23, 2021

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 1/100, Bike Score: 38/100.

There are 3 schools assigned to this home. Check out the schools near 5055 GULF OF MEXICO DRIVE 124. Bayshore Elementary School (Grades: PK - 5), W. D. Sugg Middle School (Grades: 6 - 8), Bayshore High School (Grades: 9 - 12)

Listing provided courtesy of: Premier Sothebys Intl Realty (tel: 727-585-9600)
Listing agent: David Thomas (#608000171)

This content last refreshed on 2025-12-02 04:13:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5055 GULF OF MEXICO DRIVE 124, LONGBOAT KEY, FL 34228 : MLS# A4518345

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