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4960 GULF OF MEXICO DRIVE UNIT 206

Condo/Co-op Active With Contract
$649,900

BTC: 10.31587302

ETH: 372.22222222

-$40K (2026/04/01)
128 days
Waterfront
2 bds
2 ba
1,523 sqft

Overview

Under contract-accepting backup offers. Public showings are now available for the first time. After months of restricted access due to a tenant, this residence is finally available for public showings. Restricted access resulted in only a handful of private showings, giving today’s buyers a rare chance to discover a home that’s been under the radar. Unbeatable opportunity at $649,900 for a full Bayfront Waterview, corner end-unit on Longboat Key. Exceptionally priced below market value—this residence represents the lowest-priced Bayfront end unit in the highly desirable community of Windward Bay, in over 5 years. A compelling price point, providing rare access for those seeking to own a premium waterfront residence at an extraordinary price. Encompassing 1,523 square feet, this stylishly furnished, two-bedroom, two-bath residence is thoughtfully designed to showcase uninterrupted panoramic Bay views from every room. Natural light fills the open living and dining areas, where expansive windows frame ever-changing Bay views from sunrise through the evening’s sunset. The remodeled 2024 kitchen opens seamlessly to the main living area and features recently completed upper cabinetry and a sophisticated yet functional layout ideal for both relaxed daily living and entertaining. Recently acquired “chic” French doors in both bedrooms open to the Florida Room, a signature feature for Longboat Key residences, offering additional living space to enjoy morning light and serene Bay vistas. The spacious primary suite includes a private en-suite bath and a generous walk-in closet, providing comfort, supporting everyday living, and abundant storage. “Pet Friendly” Windward Bay is a well-established waterfront community known for its mature landscaping, waterfront setting, resort-style amenities, a strong proactive association with solid reserves, and an enduring reputation as one of Longboat Key’s most welcoming communities. (Attributes that continue to attract owners who value lifestyle as much as long-term stability.) The Milestone Inspection and Capital Reserve Study are complete. Windward Bay’s Monthly Condo Fees for 2025 were actually reduced and for 2026 only increased slightly by $13 a month, demonstrating a financially healthy Condo Association. Offered furnished and move-in ready, this corner end-unit provides flexibility as a full-time residence, seasonal retreat, or investment opportunity. From dolphins at dawn to sunsets on the Gulf—every day is paradise. Community Highlights: Enjoy three beach access points (including one private), 26 acres of lush tropical surroundings including ½ mile of nature trails, two heated pools for year-round enjoyment, fitness center and sauna, clubhouse for social gatherings, tennis and pickleball courts, boat docks (waitlist) and kayak launches for water enthusiasts, covered parking and storage. With convenient access to Downtown Sarasota, St. Armands Circle, Bridge Street, championship golf courses, renowned restaurants, shopping destinations, and vibrant cultural attractions, you'll never have a shortage of entertainment options. An uncommon offering distinguished by exceptional value, location, and the timeless appeal of gulf to bay living. Private showings are available for those seeking a rare chance to own a premium waterfront residence at an extraordinary price.

Location

Details

Type:
Residential
Parking:
Ground Level / Guest / Open / Under Building
Year Built:
1975
Lot:
26.67 Acres
Heating:
Electric
Price/sqft:
$427
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$710,000
$420K – $837K
Confidence Low
List vs. estimate
$60K below estimate
List $649,900 · -8.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$426
-34.6% vs. city median $652
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,737
2025
Pool
Child Safety Fence
View
Water
Waterfront
Waterfront, Bay/Harbor
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Ground Level

    • Guest

    • Open

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Lighting / Outdoor Grill / Outdoor Shower / Sauna / Sprinkler Metered / Storage / Tennis Court(s)

    Lot

    • Lot: 26.67 Acres

    Other Property Information

    • Parcel Number: 8007910402

    • Zoning: R4MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Fire Hydrant

    • Phone Available

    • Public

    • Sewer Connected

    • Sprinkler Meter

    • Sprinkler Recycled

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $7,738

  • Source details

    • MLS ID: A4679160

    Other facts

    • Construction Materials: Metal Frame / Stucco

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Inside

    • Lot Features: City Lot / In County / Landscaped / Level / Near Golf Course / Near Marina / Street Dead-End

    • Pool Features: Child Safety Fence / Heated / In Ground / Lighting

    • Window Features: Storm Window(s)

    • Direction Faces: West

    • Other Structures: Storage

    • Architectural Style: Florida

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY, ICW

    • Living Area: 1523

    • Water Source: Public

    • Subdivision Name: WINDWARD BAY AMD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY