5270 GULF OF MEXICO DRIVE #508 Longboat Key, FL $ 794,999
5270 GULF OF MEXICO DRIVE #508
$ 794,999
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5270 GULF OF MEXICO DRIVE #508

Longboat Key, FL, 34228
$ 794,999
Bedrooms3 Baths3.0 Sq 1,460

Monthly Estimate*

$ 4,960

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Condo for sale in Longboat Key, FL

for $794,999 with 3 bedrooms and 3 full baths. This 1,460 square foot condo was built in 1974.

Rarely available and beautifully positioned, this 3-bedroom, 3-bath fully furnished residence invites you to experience true beach-to-bay living in the coveted community of Banyan Bay on the north end of Longboat Key. From sunrise coffees on your private terrace to evenings spent watching dolphins glide across the bay, this home offers an effortless blend of comfort, coastal elegance, and unforgettable daily moments. Set within an intimate community of just 26 Bayside and 18 Gulf side residences, Banyan Bay provides a peaceful retreat with exceptional amenities. Start your mornings with a stroll along your private Gulf beach access, join neighbors for a friendly match on the tennis/pickleball court, launch a kayak directly onto the bay, or unwind by the heated pool after a day on the water. A day dock/fishing pier, fitness center, clubhouse, and convenient bicycle storage further enhance the lifestyle of this warm, social community. Inside, more than 1,400 square feet of thoughtfully designed living space showcases a spacious kitchen with granite countertops, SS appliances, and a breakfast bar and nook ideal for casual dining or gathering with friends. The open great-room layout features soaring ceilings that fill the home with natural light and frame the captivating bayfront scenery. The primary suite offers its own private terrace overlooking the shimmering water—perfect for quiet mornings or evening breezes. A guest suite on the main level ensures comfort and privacy, while a charming spiral staircase leads to a versatile loft and a spacious third bedroom suite—ideal for hosting visitors, working remotely, or enjoying a dedicated creative space. Terra cotta tile flooring throughout the first level brings warmth and coastal character, while Tommy Bahama inspired finishes make this turnkey furnished residence truly move-in-ready. Beyond the community, you’ll find Centre Shops, Durante Park, and the Longboat Key Center for the Arts just moments away, adding convenience and charm to the neighborhood. Discover the rare combination of lifestyle, location, and waterfront living that only Banyan Bay can offer—where every day feels like a coastal escape.

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Condo Active

Price

$ 794,999

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 4,736

Style

Contemporary

Year Built

1974

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4673695

Features
Interior
Interior Amenities cathedral ceiling(s) ceiling fan(s) eating space in kitchen high ceilings open floorplan primary bedroom main floor split bedroom stone counters thermostat vaulted ceiling(s) walk-in closet(s) window
Flooring carpet ceramic tile
Furnished Y/N turnkey
Total Stories 2
Common Walls end unit
Air Conditioning Y/N yes
Heating Y/N yes
Window Features window treatments
Fireplace Y/N no
Half Baths 0
Laundry Features inside
Total Bedrooms 3
Total Baths 3
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General
Sewer public sewer
Heating central electric
Cooling central air
Utilities bb/hs internet available cable connected electricity connected
Possession close of escrow
Roof shingle
Appliances dishwasher dryer electric water heater microwave range refrigerator washer
Zoning r4mx
Association Fee Includes common area taxes community pool escrow reserves fund fidelity bond insurance internet maintenance structure maintenance grounds maintenance repairs manager pest control pool maintenance recreational
Patio/Porch Features covered deck patio porch screened
Architectural Style contemporary
Pool Features gunite heated in ground lighting tile
Security Features security system smoke detector(s)
Construction Materials block stucco
Pets Allowed yes
Year Built 1974
View water
Levels two
Unit Number 508
Property Subtype condominium
Tax Year 2024
Ownership condominium
Waterfront Features bay/harbor front gulf/ocean front bay/harbor
Community Features bay/harbor front fishing gulf/ocean front association recreation - owned buyer approval required clubhouse deed restrictions fitness center pool tennis court(s)
County manatee
New Construction no
Property Type residential
Association Amenities fitness center pickleball court(s) recreation facilities storage tennis court(s)
HOA Y
Subdivision Name the banyan bay club
Facing Direction west
Garage Y/N no
Total Rooms 7
Full Baths 3
Status active
Directions take gulf of mexico drive to banyan bay club - 5270 is on the bay side - unit 508 at back of complex on bay.
High School bayshore high
City longboat key
Body of Water sarasota bay
Association Name pcm /shane raniere ext 1121
Senior Community Y/N no
MLS Area 34228 - longboat key
Lot Size Square Feet 0
Carport Spaces 1
Carport Y/N yes
Listing Terms cash conventional
Elementary School anna maria elementary
Land Lease Y/N no
Tax Annual Amount 4736
Middle/Junior High School martha b. king middle
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://cmsphotography.hd.pics/5270-gulf-of-mexico-dr/idx
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 508
Legal Description unit 508 banyan bay club the a condo pi#79938.1205/1
Water View bay/harbor - full
Water Access Type bay/harbor beach - access deeded gulf/ocean
Pet Size Limit extra large (101+ lbs.)
Minimum Lease 1 month
Water Access Y/N yes
Monthly Condo Fee Amount 1763
HOA Monthly Maintenance 0
Additional Rooms loft
Water View Y/N yes
Flood Zone Code ae
DockY/N no
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Exterior
Exterior Amenities irrigation system outdoor grill sliding doors tennis court(s)
Vegetation mature landscaping
Parking Features assigned
Lot Features floodzone in county near golf course near public transit
Water Source public
Foundation Details slab
Building Area Total 1596
Lot Size Acres 0
Road Surface Type paved
Private Pool no
Waterfront Y/N yes
Covered Spaces 1
Road Frontage Type street paved
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Internal Only
Street Number 1 5270
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* Excluded Features
List By
Michael Saunders & Company

Broker

bethannboyer@michaelsaunders.com

Email

Affordability Calculator

$5,354
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,960
Monthly Property Taxes
$395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3326505 Elementary School
3324693 Middle School
Bayshore High High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$794,999 Listed Price

Map


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5270 GULF OF MEXICO DRIVE #508, Longboat Key, FL, 34228 is a Condo for sale at $794,999 with 1,460 sqft. 5270 GULF OF MEXICO DRIVE #508 has 3 bedrooms, 3.0 baths, and was built in 1974. The property's zip code is 34228 which is in Longboat Key, FL