Price Reduction - Waterfront
Address
5270 Gulf Of Mexico DRIVE #504, LONGBOAT KEY, FL
Price
$ 850,000
Property Attributes
  • MLS#A4588989
  • TypeCondos
  • CountyMANATEE
  • CityLONGBOAT KEY
  • AreaLongboat Key
  • NeighborhoodThe Banyan Bay Club
  • Zip34228
  • StyleCondominium
  • Year Built1974
  • Taxes$ 8011
  • Price$ 850,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1498
Data Source:
Stellar MLS
Property Description

Live in a BEACH to BAY community where relaxed, casual living is the norm. Upon entering the residence your eyes are immediately drawn to the expansive unobstructed water views of Sarasota Bay. The remodeled kitchen has had a partial wall removed to integrate the kitchen with the dining/living room. Raised panel cabinets, the pantry with pull out shelves, and solid surface counters, make this room a pleasure to cook in. All floors on the main living level have diagonal 14” tiles. The floors in the upstairs loft and bedroom have plank tiles. All the bathrooms have updated vanities. Enjoy vaulted ceilings in the kitchen, living room, guest bedroom and loft. The living room and master bedroom have separate balconies—a perfect place for morning coffee. The living room furniture has been staged. The loft area has an adjoining bedroom and bathroom making it a perfect retreat for grandchildren, an office or as a 4th sleeping space. Launch your kayak, canoe, or sunfish from the bayfront day dock; play tennis or pickle ball; swim in the solar heated pool; walk directly across the road to the Banyan Bay beach! It is a short stroll to the Centre Shops from Banyan Bay where you will find three restaurants, a hair salon, a UPS store, an ice cream parlor, pilates classes, an art store, and other boutiques. Anna Maria Island, located a few miles north, offers a variety of casual restaurants, bars, and shopping. St. Armand’s Circle a few miles to the south, is renowned for its fine dining, art galleries, clothing stores and specialty shops. This 3-bedroom, 3-bathroom townhouse is a remarkable opportunity to own a bay front residence on Longboat Key! Life doesn’t get much better than this. PETS ARE ALLOWED. BANYAN BAY RULES AND REGS DO NOT HAVE A WEIGHT SPECIFIED NOR HOW MANY PETS ARE ALLOWED. THIS WAS CONFIRMED BY THE ASSOCIATION PRESIDENT. PET CANNOT BE A NUISANCE.

Elementary School Middle School High School
Anna Maria Elementary W.D. Sugg Middle Bayshore High
Price History
11/10/2023 Listed $925,000
3/5/2024 3% - $900,000
4/16/2024 6% - $850,000

General Features

Interior Features Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Living Room/Dining Room Combo,Primary Bedroom Main Floor,Open Floorplan,Solid Surface Counters,Split Bedroom,Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities BB/HS Internet Available,Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Underground Utilities,Water Connected
Roof Shingle
Appliances Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Exterior Features Balcony,Private Mailbox,Sidewalk,Sliding Doors,Storage,Tennis Court(s)
Zoning R4MX
Association Fee Includes Community Pool,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Manager,Pest Control,Pool Maintenance,Private Road,Recreational Facilities,Sewer,Trash,W
Patio/Porch Features Covered
Pool Features Deck,Gunite,Heated,In Ground,Solar Heat
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1974
View Water
Levels Two
Unit Number 504
Property SubType Condominium
Tax Year 2022
Percent Ownership Condominium
Waterfront Features Bay/Harbor Front,Waterfront,Bay/Harbor
Community Features Bay/Harbor Front,Dock,Fishing,Intracoastal Waterway,Water Access,Waterfront,Association Recreation - Owned,Buyer Approval Required,Clubhouse,Deed Restrictions,Fitness Center,Pool,Sidewalks,Tennis Co
County Manatee
New Construction No
Property Type Residential
Association Amenities Cable TV,Maintenance,Pickleball Court(s),Pool,Storage,Tennis Court(s)
HOA / Comm Assn Yes
Subdivision Name THE BANYAN BAY CLUB
Facing Direction West
Garage Y/N No
Total Rooms 7
Status Active
Directions Gulf of Mexico Dr. to 5200 Block,turn east into Banyan Bay and go all the way to end of driveway #504 (upstairs) will be directly in front of you.
High School Bayshore High
City LONGBOAT KEY
Buyer Agent Compensation 3%
Body of Water Sarasota Bay
Senior Community Y/N No
MLS Area 34228 - Longboat Key
Private Pool No
Waterfront Y/N Yes
Carport Spaces 1
Carport Y/N Yes
Street Name Gulf Of Mexico
Listing Terms Cash,Conventional
Elementary School Anna Maria Elementary
Property Attached Y/N Yes
Tax Annual Amount 8011.65
Middle/Junior High School W.D. Sugg Middle
Public Remarks Live in a BEACH to BAY community where relaxed,casual living is the norm. Upon entering the residence your eyes are immediately drawn to the expansive unobstructed water views of Sarasota Bay. The re
Lease Considered Y/N Yes
Virtual Tour https://listing.noblesandheroes.com/ut/5270_Gulf_of_Mexico_Dr_504.html
Days on Market 162
Standard Status Active
Legal Description UNIT 504 ALSO 1/44TH INT IN COMMON ELEMENTS BANYAN BAY CLUB THE,A CONDO PI#79938.1185/5
Water View Bay/Harbor - Partial
Water Access Type Bay/Harbor,Beach,Gulf/Ocean
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease 1 Month
Water Access Y/N Yes
Monthly Condo Fee Amount 1689
Additional Rooms Inside Utility,Loft
Water View Y/N Yes

Interior Features

Flooring Porcelain Tile
Furnished Y/N Partially
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Shutters,Window Treatments
Fireplace Y/N No
Full Baths 3
Street Suffix DRIVE
Laundry Features Inside,Laundry Closet
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 3
Living Area Units Square Feet

Exterior Features

Parking Features Assigned,Covered,Guest
Lot Features FloodZone,Greenbelt,Landscaped,Sidewalk
Water Source Public
Foundation Details Slab
Building Area Total 1634
Road Surface Type Paved,Asphalt
Covered Spaces 1
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34228

Price
AVG $1.34M
$850K
Taxes
AVG $10,318
$8,011
Visits
AVG 445
677
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1974

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