4995 GULF OF MEXICO DRIVE 500 Longboat Key, FL $ 6,495,000
4995 GULF OF MEXICO DRIVE 500
$ 6,495,000
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4995 GULF OF MEXICO DRIVE 500

Longboat Key, FL, 34228
$ 6,495,000
Bedrooms3 Baths3.1 Sq 3,344

Monthly Estimate*

$ 39,991

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Condo for sale in Longboat Key, FL

for $6,495,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,344 square foot condo was built in 2007 on a lot size of 10.93.

Step right into the epitome of Florida beachfront luxury with this stunning first-floor Capri unit on Longboat Key. Nestled within the exclusive Positano community—an intimate 10-acre oasis of just 29 residences—this condo offers a seamless walkout straight to the pristine beach and the azure waters of the Gulf of Mexico. This is Florida living at its finest. The condo features a fantastic wrap-around terrace on the Gulf side, perfect for soaking in the outdoor splendor from morning coffee to sunset cocktails. The primary suite offers direct steps down to the private community pool, while additional terraces off the secondary bedrooms ensure both privacy and gorgeous views. Spanning a generous 3,343 square feet, this true three-bedroom, all en-suite residence boasts a Gulf-front gourmet kitchen with state-of-the-art appliances, an adjacent family gathering area, and an open-plan flow from the living room to the dining space. Floor-to-ceiling windows frame dramatic views of the Gulf and the beach, while beautiful porcelain tile floors, 10-foot ceilings, and crown molding add to the sense of refined elegance. You'll enjoy the convenience of a private, enclosed two-car garage and the exceptional amenities of the owner's club, including a state-of-the-art fitness center, catering kitchen, and a lounge with a fireplace, plasma TV, and surround sound. Outdoors, there's a 75-foot Olympic pool, spa, grilling area, and shaded cabanas, all set amidst lush tropical landscaping. Truly, this condo is as close to the beach as it gets on Longboat Key.

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Condo Active

Price

$ 6,495,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 47,518

Style

Condominium

Lot Size

10.93

Year Built

2007

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4677613

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected
Roof Other
Appliances Dishwasher Disposal Dryer Electric Water Heater
Zoning GF
Garage Spaces 2
Association Fee Includes 24-Hour Guard
Pool Features Heated In Ground
Security Features Fire Alarm Gated Community Key Card Entry Security Gate Security System Security System Owned
Construction Materials Block
Pets Allowed Cats OK Dogs OK
Year Built 2007
Levels One
Unit Number 500
Property Subtype Condominium
Tax Year 2024
Ownership Condominium
Community Features Community Mailbox Fitness Center Gated Community - Guard Pool
HOA Fee 2 0
Assoc Fee Paid Per Quarterly
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name POSITANO
Facing Direction West
Garage Y/N true
Total Rooms 8
Full Baths 3
Status Active
Directions Gulf of Mexico to 4900 block
City LONGBOAT KEY
Association Name Teal White
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Units Acres
Lot Size Square Feet 476011
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated In Ground
Land Lease Y/N false
Tax Annual Amount 47518.52
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/phototour3/41391/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 0
Legal Description UNIT 500 BLDG 5 POSITANO A CONDO; TOGETHER WITH GARAGE NO 500 PI#80097.0135/9
Water View Beach
Water Access Type Beach
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease 6 Months
Water Access Y/N true
Monthly Condo Fee Amount 7263
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code Ae
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen
Flooring Carpet Porcelain Tile
Furnished Y/N Negotiable
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Balcony Courtyard
Water Source Public
Lot Size Area 10.9277
Foundation Details Block Slab
Spa false
Building Area Total 4722
Lot Size Acres 10.93
Road Surface Type Brick
Private Pool true
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Developers Realty Lbk, Inc

Broker

Reid@ReidMurphy.com

Email

Affordability Calculator

$43,951
Per Month
91%
9%
0%
Monthly Principal & Interest
$39,991
Monthly Property Taxes
$3,960
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$6,495,000 Listed Price

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4995 GULF OF MEXICO DRIVE 500, Longboat Key, FL, 34228 is a Condo for sale at $6,495,000 with 3,344 sqft and a lot size of 10.93. 4995 GULF OF MEXICO DRIVE 500 has 3 bedrooms, 3.1 baths, and was built in 2007. The property's zip code is 34228 which is in Longboat Key, FL