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Active · Condo

5055 GULF OF MEXICO DRIVE

LONGBOAT KEY, FL 34228

Beds
3 beds
Baths
2 baths
Area
1,484 sqft
CondoBuilt 19730 sqft lotCentral, ElectricCentral Air$536/sqft7 days on market

Location

About this home

Welcome to effortless Gulf-front living at Club Longboat Beach & Tennis Resort, one of Longboat Key’s most established and sought-after beachfront communities. This beautifully updated 3-bedroom, 2-bath residence is offered TURNKEY FURNISHED, making it an exceptional opportunity for a full-time residence, coastal retreat, or income-producing investment. Located in desirable Building 1, this spacious first-floor residence offers approximately 1,484 square feet of comfortable, thoughtfully designed living space with the rare convenience of no elevators or long walks. The open, split-bedroom floor plan features wide-plank flooring, a light and inviting coastal palette, and an easy flow for both everyday living and entertaining. The updated kitchen is the heart of the home, featuring crisp white cabinetry, stainless steel appliances, under-cabinet lighting, a glass tile backsplash, and a large center island with seating. Floor-to-ceiling sliders in the great room open to a private, lushly landscaped patio, extending the living space outdoors and creating a peaceful place to enjoy the Longboat Key lifestyle. The spacious primary suite offers direct patio access, a beautifully updated bath with walk-in glass shower, and generous closet space. Two additional bedrooms provide flexibility for family and guests, including a den/third bedroom with Murphy bed. A second full bath, full-size washer and dryer, additional laundry cabinetry and abundant storage complete the interior. Just outside your front door are a private storage room and covered parking space, with ample additional guest and resident parking throughout the community. Club Longboat offers approximately 750 feet of direct Gulf-front beach and an exceptional resort-style lifestyle. Amenities include 8 Har-Tru tennis courts, several lighted for evening play, an on-site tennis professional, pickleball, two heated swimming pools including separate adult and family pool areas, spa/whirlpool, sauna, beach chairs and umbrellas, grilling areas, bocce, fishing, on-site management and an active social calendar. A new clubhouse with fitness and social spaces is also planned as part of the community’s hurricane restoration, with exciting improvements ahead. Owners enjoy a truly welcoming community with regular social events, including Friday happy hours and seasonal celebrations. Club Longboat is also pet-friendly for owners and offers exceptional rental flexibility, with a 30-day minimum and up to 12 leases per year. For buyers looking to offset ownership costs, this residence offers a particularly compelling advantage: a strong, proven rental history with substantial demand and existing future bookings. The combination of a three-bedroom floor plan, turnkey furnishings, direct Gulf access and flexible leasing has made this an exceptionally desirable rental. Ideally situated on the Gulf side of Longboat Key, you are minutes from outstanding dining, boating, golf and recreation, with the shops and restaurants of St. Armands Circle and the arts and culture of downtown Sarasota just a short drive away. Whether you are searching for a turnkey beach home, seasonal escape, or investment property, this beautifully furnished Club Longboat residence offers the combination buyers want most: DIRECT GULF ACCESS, RESORT-STYLE AMENITIES, THREE BEDROOMS, RENTAL FLEXIBILITY and the unmistakable lifestyle of Longboat Key. Simply arrive, unpack and head to the beach.

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,484 sqft
Heating
Central, Electric
Cooling
Central Air
Flooring
Carpet, Laminate
Stories
3
Features
Built-in Features, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor…
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker…

Exterior & lot

Lot size
0 sqft (0 ac)
Waterfront
Yes
Roof
Tile
Construction
Block, Stucco
Exterior
Courtyard, Garden, Lighting, Other, Outdoor Grill, Rain Gutters…

Parking

Carport
1 space

Financial

Annual tax
$8,300 (2026)
Price / sqft
$536/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Property

Property type
Condo
Year built
1973
Subdivision
CLUB LONGBOAT BEACH & TENNIS
County
Manatee

Assigned schools

Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Bayshore High

Listing

Status
Active
Days on market
7 days
MLS #
MFR806239888
Source
Stellar MLS

Listed by Cindy Fischer · PREMIER SOTHEBY'S INTERNATIONAL REALTY

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$4,712/mo
Principal & interest
$4,020/mo
Property tax
$692/mo
Home insurance
Left out until you enter a quote

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2026 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Similar homes nearby

Homes for sale in LONGBOAT KEY within the same price band.

2012 HARBOURSIDE DRIVEActive
$795,000
2012 HARBOURSIDE DRIVE, 2104
LONGBOAT KEY, FL 34228
3 beds3 baths2,135 sqft
Photo coming soon
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4600 GULF OF MEXICO DRIVEActive
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4600 GULF OF MEXICO DRIVE, 301
LONGBOAT KEY, FL 34228
2 beds2 baths1,561 sqft

Price history

From the property’s MLS record.

DateEventPriceChange
Sep 14, 2026Listed$795,000

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for LONGBOAT KEY, FL are not connected yet, so this page does not show them.

Elementary school
Anna Maria Elementary
Assigned school from the MLS record
Middle school
Martha B. King Middle
Assigned school from the MLS record
High school
Bayshore High
Assigned school from the MLS record

Frequently asked questions

What would 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY cost per month?

About $4,712 a month: $4,020 principal and interest, $692 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.

Is 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY priced fairly?

Comparable homes nearby put it between $715,592 and $823,316, with $769,454 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $519 a square foot.

How does 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY compare to nearby homes?

8 comparable properties within three miles. The nearest: 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $565,000, 1,484 sq ft, 0 miles away; 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $549,000, 1,484 sq ft, 0 miles away; 4835 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $849,900, 1,393 sq ft, 0.28 miles away.

How long has 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY been on the market?

6 days on the market.

Has the price of 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY changed?

The price has not moved since it was listed.

How big is 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY?

3 bed, 2 bath, 1,484 square feet. That is $536 a square foot.

What year was 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY built?

Built in 1973.

What is the HOA fee at 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY?

The feed lists no association fee for this property.

What are the property taxes at 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY?

Property tax works out to about $692 a month, $8,300 a year, on the 2026 assessment.

Is 5055 GULF OF MEXICO DRIVE, LONGBOAT KEY still available?

It is still on the market.