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$549,000

5055 GULF OF MEXICO DRIVE UNIT 421, LONGBOAT KEY, FL 34228

3D Tour
Active203 days on market

Beds

2

Baths

2

Sq Ft

1,484 sq ft

Year Built

1973

Lot Size

—

Garage

—

About This Property

Set within the highly regarded Club Longboat Beach & Tennis on Longboat Key, this 2BR/2BA residence offers an excellent opportunity to create something truly special in one of the island’s most amenity-rich communities. Just under 1,500 sq. ft. and located on the second level, the residence enjoys a comfortable layout where the primary suite opens to a private terrace, bringing in light and breezes throughout the day. The dining area features a tray ceiling and flows easily into the living room, where a full wall of sliders leads to an open terrace and invites indoor and outdoor living to blend naturally. The space is ready for your personal design vision, offering a solid canvas in a location where lifestyle often takes center stage. Life at Club Longboat Beach & Tennis is known for its mix of recreation, flexibility and beachfront access. Residents enjoy 750 feet of pristine shoreline, eight Har-Tru tennis courts, pickleball courts, two heated pools, a fitness center and a relaxed, social atmosphere. Pet-friendly with 2 pets, no weight restrictions and a rental policy allowing one-month minimum stays up to twelve times per year, this residence is ideal for a full-time escape, seasonal retreat or investment opportunity.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4684543
StatusActive
Year Built1973
Stories3
Total Rooms10
ConstructionConcrete, Stucco
RoofTile
FoundationPillar/Post/Pier
FacesNorth
SubdivisionCLUB LONGBOAT BEACH & TENNIS
CountyManatee
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Thermostat, Window Treatments
FlooringCarpet, Tile
AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Washer
LaundryInside
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorIrrigation System, Lighting, Sliding Doors, Tennis Court(s)
Road SurfacePaved

Pool & Spa

Private PoolNo
Pool FeaturesHeated, In Ground
SpaHeated, In Ground

Waterfront

WaterfrontYes
FeaturesGulf/Ocean

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$549,000
Original Price$575,000
Annual Taxes$8,224 (2024)
FinancingCash, Conventional
ZoningR3MX
Parcel #7998102953

Directions

From St. Armands Circle - Head north on Gulf of Mexico Dr, turn left to 5055 Gulf of Mexico Dr.

Location

5055 GULF OF MEXICO DRIVE UNIT 421, LONGBOAT KEY, FL 34228

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedMarch 16, 2026

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Home Price

$549,000

20% ($109,800)
6.75%

Loan Term

Principal & Interest$2,849
Property Tax (est.)$503
Insurance (est.)$150
Total Monthly$3,502
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How to Buy This Home

Multiple financing options available for this $549,000 home in LONGBOAT KEY.

🏦

Conventional

$27,450 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.

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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: September 11, 2026.

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