5055 GULF OF MEXICO DRIVE UNIT 412

For sale Days on market 56

$565,000

$381/sq ft

$20,000
Price Decreased

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5055 GULF OF MEXICO DRIVE UNIT 412

For sale Days on market 56

$565,000

$381/sq ft

$20,000
Price Decreased

Overview

Bedroom

Bath

Year Built

1973

Sqft

1484

Property Type

Condominium

Property Description

Discover an exceptional value opportunity in Club Longboat on Longboat Key, one of the island’s most desirable beachside communities known for its active lifestyle and resort style amenities. This three bedroom, two bathroom ground floor walkout residence is currently the least expensive unit in the community and presents a rare chance to create a fully customized coastal retreat. With a solid existing layout and desirable ground level access that enhances indoor / outdoor living, the residence offers tremendous flexibility. Buyers have the opportunity to redesign and expand the third bedroom to add additional square footage, whether to create a more spacious primary suite, an inviting guest retreat, or a dedicated office or flex space. The potential to transform this residence into a personalized showpiece is exceptional. Club Longboat is ideal for tennis, pickleball, and beach enthusiasts, offering eight Har Tru tennis courts with three lined for pickleball, two heated swimming pools, and 750 feet of private Gulf front beachfront complete with lounge chairs and umbrellas. The serene waterfront setting enhances the peaceful atmosphere and scenic surroundings. The residence includes a covered parking space directly in front of the unit along with abundant guest parking. On site management serves the 85 residences, providing convenience and peace of mind within a welcoming, all ages community. Owners enjoy a pet friendly environment with no weight restrictions and a flexible rental policy allowing one month minimum rentals up to twelve times per year, creating excellent income potential. Conveniently located near shopping and fine dining, this is a rare opportunity to secure a value driven property in an amenity rich Longboat Key beachfront community and make it entirely your own.

Property Details

MLS#

A4683419

Total Floor in Bldg

Address

5055 GULF OF MEXICO

City

LONGBOAT KEY

State/county

Zip/Postal Code

34228

Area

Club Longboat Beach & Tennis

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,183

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Electric Water Heater

Microwave

Range

Refrigerator

Washer

Garden

Trees/Woods

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