5270 Gulf Of Mexico Drive, Unit 504

Longboat Key, FL 34228

$850,000
Price
3
Beds
3
Baths
1,498 Sq. Ft.
$567 / Sq. Ft.
1,498
Sq. Ft.
$567
per Sq. Ft.

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 14ā€ tiles. The floors in the...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 14ā€ 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 balconiesā€”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. Armandā€™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 doesnā€™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.

Property Details for 5270 Gulf Of Mexico Drive, Unit 504

Subdivision Name
THE BANYAN BAY CLUB
Township
35S
Carport Spaces
1
View
Water
Waterfront
Yes
Water View
Bay/Harbor - Partial
Furnished
Partially

Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Bobbie Banan; MICHAEL SAUNDERS & COMPANY, Steve Nursey
Add your commute
LISTING UPDATED: 05/17/2024 02:01 PM

Property Details for 5270 Gulf Of Mexico Drive, Unit 504

StatusActive
MLS #A4588989
Days on Market196
Taxes$8,012 / year
HOA Fees-
Condo/Co-op Fees$5,067 / quarter
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1974
CountyManatee County

Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Bobbie Banan; MICHAEL SAUNDERS & COMPANY, Steve Nursey
Add your commute

Building Information for 5270 Gulf Of Mexico Drive, Unit 504

Building/Complex5270 Gulf Of Mexico DrFloor-Stories2Residences-Pet Policy-Year Built1974

Payment Calculator

$6,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$668

HOA Dues

$1,689

The Payment Calculator is for illustrative purposes only.

Property Information for 5270 Gulf Of Mexico Drive, Unit 504

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1634.0
  • Building Area Units: Square Feet
  • Building Name Number: BANYAN BAY
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness, Pool, Sidewalk, Tennis Courts
  • Direction Faces: West
  • 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.
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: W.D. Sugg Middle
  • High School: Bayshore High
  • Floor Number: 1
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Banyan Bay
  • Unit Number: No
  • Street Number: 5270
  • Street Name: GULF OF MEXICO
  • Street Suffix: DRIVE
  • Unit Number: 504
  • State: FL
  • City: LONGBOAT KEY
  • Common Association Water Features: Bay/Harbor Front, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Assigned, Covered, Guest
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Association Name: Shane Raniere
  • Association Phone: 941-921-5693
  • Association: No
  • CDD: No
  • Condo Land Included: No
  • Management: Full Time
  • Montly Maint Amt Addition To HOA: $0
  • Number Of Pets: 2
  • Pet Restrictions: Pets are not allowed on the beach. LBK has a leash law so pets must be leashed when outside. Tenants, family and guests may not have pets on the property. *See condo documents and rules and regulations*
  • Pet Size: Large (61-100 Lbs.)
  • Tax Book Number: 5-18
  • Tax Legal Description: UNIT 504 ALSO 1/44TH INT IN COMMON ELEMENTS BANYAN BAY CLUB THE, A CONDO PI#79938.1185/5
  • Tax Lot: 0
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: The day dock is also used as a fishing pier. Kayaks, canoes and shallow water crafts have access to the bay through the mangrove paths. Mangroves are routinely cut to enhance views.
  • Lot Features: FloodZone, Greenbelt, Landscaped, Sidewalk, Street Paved
  • Parcel Number: 7993811855
  • Total Acreage: Non-Applicable
  • Water Access: Bay/Harbor, Beach, Gulf/Ocean
  • Water Access: Yes
  • Water Body Name: SARASOTA BAY
  • Water Extras: Fishing Pier
  • Water Extras: Yes
  • Water: Fishing Pier
  • Water Frontage Feet Bay Harbor: 200
  • Zoning: R4MX
  • Zoning Compatible: Yes
  • Living Area: 1498
  • Property Info: Elevated, Walk-Up
Property and Assessments
  • Year Built Numeric: 1974
  • Association Amenities: Cable, Maintenance, Pickleball Court(s), Pool, Storage, Tennis Court(s)
  • Building Elevator: No
  • Flood Zone Code: AE
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Property Description: Elevated, Walk-Up
  • Public Survey Range: 16E
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony, Private Mailbox, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Foundation Details: Slab
  • Levels: Two
  • Patio And Porch Features: Covered
  • Pool Features: Deck, Gunite, Heated, In Ground, Solar Heat
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Shingle
  • Waterfront Features: Bay/Harbor
  • Waterfront Feet Total: 200
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 3
  • Additional Rooms: Inside Utility, Loft
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Porcelain Tile
  • Heating: Central, Electric
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Window Treatments
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: Yes
  • Window Features: Blinds, Shutters, Window Treatments
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 15x15
  • Room Features 1: Ceiling Fan(s)
  • Room Flooring 1: Porcelain Tile
  • Room Length 1: 15.0
  • Room Level 1: First
  • Room Type 1: Living Room
  • Room Width 1: 15.0
Room 2
  • Room Dimensions 2: 9x12
  • Room Flooring 2: Porcelain Tile
  • Room Length 2: 12.0
  • Room Level 2: First
  • Room Type 2: Dining Room
  • Room Width 2: 9.0
Room 3
  • Room Dimensions 3: 9x13
  • Room Features 3: Ceiling Fan(s)
  • Room Flooring 3: Porcelain Tile
  • Room Length 3: 13.0
  • Room Level 3: First
  • Room Type 3: Kitchen
  • Room Width 3: 9.0
Room 4
  • Room Dimensions 4: 15x15
  • Room Features 4: Ceiling Fan(s)
  • Room Flooring 4: Porcelain Tile
  • Room Length 4: 15.0
  • Room Level 4: First
  • Room Type 4: Primary Bedroom
  • Room Width 4: 15.0
Room 5
  • Room Dimensions 5: 11x12
  • Room Features 5: Ceiling Fan(s)
  • Room Flooring 5: Porcelain Tile
  • Room Length 5: 12.0
  • Room Level 5: First
  • Room Type 5: Bedroom 2
  • Room Width 5: 11.0
Room 6
  • Room Dimensions 6: 12x10
  • Room Flooring 6: Porcelain Tile
  • Room Length 6: 10.0
  • Room Level 6: Second
  • Room Type 6: Bedroom 3
  • Room Width 6: 12.0
Room 7
  • Room Dimensions 7: 12x12
  • Room Features 7: Ceiling Fan(s)
  • Room Flooring 7: Porcelain Tile
  • Room Length 7: 12.0
  • Room Level 7: Second
  • Room Type 7: Loft
  • Room Width 7: 12.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes
  • Max Pet Weight: 100

Property History for 5270 Gulf Of Mexico Drive, Unit 504

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5270 Gulf Of Mexico Drive, Unit 504

Taxable ValueLand-Additions$731,000Total-
Tax Record2023$9,084 ($757 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,498 SqFtAbove Grade Finished SqFt1,498 SqFtStories2StyleCondominiumYear Built1974ZoningLBK_R-4MXCountyMANATEEAPN79938.1185-5

Schools near 5270 Gulf Of Mexico Drive, Unit 504

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5270 Gulf Of Mexico Drive, Unit 504 is a condo for sale in Longboat Key, FL 34228. This property was listed for sale on October 16, 2023 by MICHAEL SAUNDERS & COMPANY, it's currently listed at $850,000. It has been on the market for a total of 196 days and was last sold on July 22, 2016. This listing's school district is Manatee. Nearby schools include Anna Maria Elementary School, Martha B. King Middle School and Bayshore High School. 5270 Gulf Of Mexico Drive, Unit 504 is a 3-bed, 3-bath, 1,498 sqft condo built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Bobbie Banan; MICHAEL SAUNDERS & COMPANY, Steve Nursey

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.