5260 GULF OF MEXICO DRIVE UNIT 401

For sale Days on market 52

$595,000

$507/sq ft

$34,000
Price Decreased

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5260 GULF OF MEXICO DRIVE UNIT 401

For sale Days on market 52

$595,000

$507/sq ft

$34,000
Price Decreased

Overview

Bedroom

Bath

Year Built

1974

Sqft

1173

Property Type

Condominium

Property Description

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. Offered TURNKEY furnished—this is truly the best of Gulf-to-Bay living. 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, effectively offering 2 master suites! A private exterior storage room and peaceful garden-view patio complete the picture. 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.

Property Details

MLS#

A4675930

Total Floor in Bldg

Address

5260 GULF OF MEXICO

City

LONGBOAT KEY

State/county

Zip/Postal Code

34228

Area

The Banyan Bay Club

Country

United States

HOA

Yes

Assoc Fee

$21,156

Assoc Fee Pd

Annually

Tax Amount

$1,961

Maint Fee

$--

Tax Year

2025

Cooktop

Dishwasher

Disposal

Dryer

Microwave

Range

Refrigerator

Washer

Garden

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