Skip to main content
1 / 36

$649,999

5260 GULF OF MEXICO DRIVE UNIT 403, LONGBOAT KEY, FL 34228

3D Tour
Active273 days on market

Beds

2

Baths

2

Sq Ft

1,128 sq ft

Year Built

1974

Lot Size

—

Garage

—

About This Property

This beautifully maintained, ground-floor 2-bedroom, 2-bathroom condo in the desirable Banyan Bay Club offers an exceptional opportunity to own a spacious, modern / updated, move-in-ready home perfectly positioned in a charming, pet-friendly gulf-to-bay community. This unit combines convenience, amenities, and a relaxed coastal lifestyle—all at an outstanding location. This Banyan Bay condominium has an open floor plan with plank style ceramic tile throughout, recently updated featuring new cabinets, vanities, quartzite/quartz countertops and new stainless steel appliances; new Central Air system, and new hot water heater, in-unit full-size washer & dryer, modern tile design in bath, extra sleeping nook for added flexibility, tastefully furnished (can be sold furnished), private patio nestled under a majestic banyan tree-ideal for morning coffee or evening cocktails, large glass hurricane sliders & windows offering a garden view, fiber optic internet included for each unit. SQUARE FOOTAGE IN SLEEPING NOOK IS ADDED TO MAKE THE INTERIOR SQ FTG 1163. The resort-Style Community Amenities (steps from your door): heated community swimming pool, newly resurfaced tennis and pickleball court, fully equipped fitness center, clubhouse with social hall and full kitchen, new day dock, fishing pier, kayak/paddleboard launch, & storage, private gulf beach access with complimentary lounge chairs on the sand, assigned covered carport parking plus ample guest parking, exterior storage for beach gear, on-site manager and carefree exterior maintenance handled by the association, bicycle storage and mature tropical landscaping with giant banyan trees. Unbeatable Location-why Mid-Key is Best! Everything you need is within walking distance; numerous restaurants & cafes, boutiques, beautiful Durante Park with shaded trails and playground, 3 minute walk to your private Gulf beach, 1-minute walk to the community pool, gym, clubhouse, and courts,. This 44-unit condominium offers a social atmosphere, plenty of activities, up to 2 pets allowed (no weight or size limit). Whether you are seeking a full-time residence, vacation getaway, second home or investment property (valued returning renter’s incomes can offset HOA fees), this immaculate condo is ready for you to move in and start enjoying the island lifestyle today. Don't miss this combination of location, amenities and value on Longboat Key!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4677090
StatusActive
Year Built1974
Stories1
Total Rooms5
ConstructionBlock, Stucco
RoofOther, Shingle
FoundationBlock
FacesEast
SubdivisionTHE BANYAN BAY CLUB
CountyManatee
OwnershipCondominium
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
FlooringCeramic Tile
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, Inside, Same Floor As Condo Unit, Washer Hookup
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorIrrigation System, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered, Storage, Tennis Court(s)
Road SurfaceAsphalt, Paved
0

Waterfront

WaterfrontYes
FeaturesBay/Harbor Front, Waterfront, Bay/Harbor, Beach

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$649,999
Annual Taxes$5,922 (2024)
FinancingCash, Conventional
ZoningR4MX
Parcel #7993811103

Directions

Gulf of Mexico Drive North Banyan Bay Club on your right. Condo is near the tennis courts as you pull in past the clubhouse.

Location

5260 GULF OF MEXICO DRIVE UNIT 403, LONGBOAT KEY, FL 34228

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedJanuary 6, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$649,999

20% ($130,000)
6.75%

Loan Term

Principal & Interest$3,373
Property Tax (est.)$596
Insurance (est.)$150
Total Monthly$4,119
Full Calculator →

How to Buy This Home

Multiple financing options available for this $649,999 home in LONGBOAT KEY.

🏦

Conventional

$32,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

More Homes in Longboat Key

More Homes in Longboat Key

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 19, 2026.

Call (813) 733-7907TextContact