5231 Gulf Of Mexico DRIVE #104 Longboat Key, FL $ 599,000
5231 Gulf Of Mexico DRIVE #104
$ 599,000
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5231 Gulf Of Mexico DRIVE #104

Longboat Key, FL, 34228
$ 599,000
Bedrooms1 Baths1.0 Sq 720

Monthly Estimate*

$ 4,184

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Condo for sale in Longboat Key, FL

for $599,000 with 1 bedroom and 1 full bath. This 720 square foot condo was built in 1973.

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.

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Condo Active

Price

$ 599,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 6,955

Style

Condominium

Year Built

1973

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4595436

Features
General
Interior Features Built-in Features Ceiling Fan(s) Kitchen/Family Room Combo Living Room/Dining Room Combo Window Treatments
Sewer Public Sewer
Heating Electric Heat Pump
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Built-Up Shingle
Appliances Dishwasher Electric Water Heater Microwave Range Refrigerator
Exterior Features Outdoor Grill Sliding Doors
Zoning R3MX
Association Fee Includes Community Pool Pool Maintenance
Pool Features Gunite Heated
Construction Materials Block Stone Stucco
Pets Allowed No
Year Built 1973
View Water
Levels One
Unit Number 104
Property SubType Condominium
Tax Year 2023
Percent Ownership Condominium
Waterfront Features Gulf/Ocean
Community Features Pool
County Manatee
New Construction No
Property Type Residential
HOA / Comm Assn Y
Subdivision Name COVERT II
Facing Direction East
Garage Y/N No
Total Rooms 5
Status Active
Directions Gulf of Mexico Drive to 5231 on West Side (Gulf) of road.
City LONGBOAT KEY
Buyer Agent Compensation 3%
Body of Water Gulf Of Mexico
Senior Community Y/N No
MLS Area 34228 - Longboat Key
Lot Size Square Feet 0
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name Gulf Of Mexico
Listing Terms Cash Conventional
Tax Annual Amount 6955
Public Remarks 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
Lease Considered Y/N Yes
Virtual Tour https://tours.srq360media.com/5231gulfofmexicodriveunit104/?mls
Days on Market 91
Standard Status Active
Tax Lot 104
Legal Description UNIT 104 COVERT II A CONDOMINIUM PI#79945.1090/2
Water View Beach Gulf/Ocean - Full
Water Access Type Beach Beach - Access Deeded
Minimum Lease 1 Month
Monthly Condo Fee Amount 800
HOA Monthly Maintenance 0
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Interior
Flooring Ceramic Tile
Total Stories 4
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows Shades
Fireplace Y/N No
Full Baths 1
Half Baths 0
Street Suffix DRIVE
Laundry Features Common Area
Total Bedrooms 1
Total Baths 1
Living Area Units Square Feet
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Exterior
Parking Features Deeded
Water Source Public
Foundation Details Slab
Spa No
Building Area Total 783
Lot Size Acres 0
Road Surface Type Paved
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* Excluded Features
List By
Re/Max Alliance Group

Broker

Scott@TeamRickards.com

Email

Affordability Calculator

$4,764
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,184
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$599,000 -7.70% Price Down
2/19/2024$649,000 -7.15% Price Down
1/29/2024$699,000 -6.80% Price Down
1/15/2024$750,000 Listed Price

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5231 Gulf Of Mexico DRIVE #104, Longboat Key, FL, 34228 is a Condo for sale at $599,000 with 720 sqft. 5231 Gulf Of Mexico DRIVE #104 has 1 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 34228 which is in Longboat Key, FL