5260 GULF OF MEXICO DRIVE 401 Longboat Key, FL $ 629,000
5260 GULF OF MEXICO DRIVE 401
$ 629,000
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5260 GULF OF MEXICO DRIVE 401

Longboat Key, FL, 34228
$ 629,000
Bedrooms2 Baths2.0 Sq 1,173

Monthly Estimate*

$ 3,873

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Condo for sale in Longboat Key, FL

for $629,000 with 2 bedrooms and 2 full baths. This 1,173 square foot condo was built in 1974 on a lot size of 3.59.

Welcome to your tropical retreat on Longboat Key! This newly renovated 2-bedroom, 2-bath ground-floor larger end unit, with additional windows blends light coastal charm with modern comfort in a sought-after Gulf-to-Bay community. Thoughtful upgrades include neutral tile flooring throughout (no carpet), crown molding, upgraded baseboards, fresh interior paint, impact-rated PGT windows and sliders, and in-unit laundry with full-size machines. A private exterior storage room and peaceful garden-view patio complete the picture. The bright, open kitchen features granite countertops, solid wood cabinetry, new stainless-steel appliances, and a breakfast bar that flows seamlessly into the living and dining areas—ideal for both entertaining and everyday living. The spacious primary suite offers a large closet & updated ensuite bath. Need extra space for an additional guest bedroom or office? As a bonus, the master also has a sliding panel that when closed creates a spare room with its own private barn door entrance. A split-bedroom floor plan ensures privacy, with the guest suite tucked behind a frosted glass door and featuring its own bath and linen closet. Located on the bayside of this intimate Gulf-to-Bay community, you will enjoy deeded beach access, a clubhouse, fitness center, heated pool, kayak launch, fishing pier, and tennis/pickleball courts. Spend your mornings kayaking Sarasota Bay and your evenings enjoying sunsets on the private Gulf beach—complete with complimentary beach chairs. Banyan Bay is a friendly, boutique community of just 44 residences, offering covered parking and a rare pet-friendly policy with no size or breed restrictions. The community has passed its milestone inspection and is certified for another 10 years, providing added peace of mind. Rental-friendly (up to 4 leases per year, 1-month minimum), this property is ideal as a full-time residence, vacation getaway, or income-producing investment. Conveniently located near shops, dining, parks, Anna Maria Island, St. Armands Circle, and downtown Sarasota. Offered turnkey furnished—this is truly the best of Gulf-to-Bay living.

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Condo Active

Price

$ 629,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,961

Style

Condominium

Lot Size

3.59

Year Built

1974

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4675930

Features
General
Sewer Public Sewer
Heating Electric Exhaust Fan
Cooling Central Air
Utilities BB/HS Internet Available Cable Connected Electricity Connected Fiber Optics Phone Available Sewer Connected Underground Utilities Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Cooktop Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Zoning R4MX
HOA Fee 21156
Association Fee Includes Common Area Taxes Community Pool Escrow Reserves Fund Insurance Internet Maintenance Structure Maintenance Grounds Maintenance Repairs Manager Pest Control Pool Maintenance Private Road Recreational Facilities Sewer Trash Water
Patio/Porch Features Rear Porch
Pool Features Heated In Ground
Construction Materials Stucco
Pets Allowed Yes
Year Built 1974
View Garden
Levels One
Unit Number 401
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Waterfront Features Bay/Harbor Front Waterfront Bay/Harbor Gulf/Ocean to Bay Intracoastal Waterway
Community Features Bay/Harbor Front Dock Fishing Intracoastal Waterway Water Access Waterfront Buyer Approval Required Clubhouse Community Mailbox Deed Restrictions Fitness Center Golf Carts OK Pool Sidewalks Tennis Court(s)
Assoc Fee Paid Per Annually
County Manatee
New Construction false
Property Type Residential
Subdivision Name THE BANYAN BAY CLUB
Facing Direction North
Garage Y/N false
Other Structures Storage
Total Rooms 6
Full Baths 2
Status Active
Directions Gulf of Mexico northbound to 5200 block. Turn right to Banyan Bay Club. Pass clubhouse and unit is in first building on right after clubhouse. #401 on corner.
High School Bayshore High
City LONGBOAT KEY
Body of Water SARASOTA BAY/GULF OF MEXICO
Association Name Shane Raniere
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Units Acres
Lot Size Square Feet 156460
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Anna Maria Elementary
Land Lease Y/N false
Tax Annual Amount 1961
Middle/Junior High School Martha B. King Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://listingpackages.thestudio.re/manage-order/69540abaf193e7078b5e59af/products-services/video-slideshow/viewer https://www.homeatanywhere.com/5260-Gulf-of-Mexico-Dr-401-Longboat-Key-FL-34228/index.html
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 401
Legal Description UNIT 401 ALSO 1/44TH INT IN COMMON ELEMENTS BANYAN BAY CLUB THE A CONDO PI#79938.1100/4
Minimum Lease 1 Month
Water Access Y/N false
Monthly HOA Amount 1763
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Eating Space In Kitchen Kitchen/Family Room Combo Primary Bedroom Main Floor Split Bedroom Thermostat Window Treatments
Flooring Tile
Furnished Y/N Turnkey
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Garden Irrigation System Sliding Doors Storage Tennis Court(s)
Water Source Public
Lot Size Area 3.5918
Foundation Details Slab
Building Area Total 1293
Lot Size Acres 3.59
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Coldwell Banker Realty

Broker

debbie.mchardy@cbrealty.com

Email

Affordability Calculator

$4,036
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,873
Monthly Property Taxes
$163
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
0 Elementary School
0 Middle School
Bayshore High High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$629,000 Listed Price

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5260 GULF OF MEXICO DRIVE 401, Longboat Key, FL, 34228 is a Condo for sale at $629,000 with 1,173 sqft and a lot size of 3.59. 5260 GULF OF MEXICO DRIVE 401 has 2 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 34228 which is in Longboat Key, FL