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5055 GULF OF MEXICO DRIVE UNIT 331

Condo/Co-op Active With Contract
$895,000

BTC: 14.20634921

ETH: 512.60022910

-$300K (2026/04/01)
185 days
Waterfront
2 bds
2 ba
1,484 sqft

Overview

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome to your coastal retreat in paradise — a stunning third-floor waterfront residence in Club Longboat Beach and Tennis, offering expansive Gulf views and one of the largest floor plans in the community. This exceptional 2-bedroom plus 3rd bedroom/study layout perfectly blends elegance, comfort, and functionality, ideal for full-time living or as a refined vacation escape. With 750 feet of pristine Gulf frontage, this home immerses you in the beauty and serenity of coastal living. Beautiful engineered white oak wood floors flow throughout the open, sun-filled living space, which seamlessly extends to your private balcony’s, the perfect spot to enjoy the tranquil sound of the waves and stunning sunsets. The updated kitchen features stone countertops, white cabinetry, and has been opened up to create a larger, more connected floor plan ideal for entertaining. The primary suite is a private sanctuary, boasting a remodeled marble bath with high-end fixtures and a spa-like ambiance. The guest suite provides equal comfort and privacy, featuring a beautifully appointed travertine-floored bathroom. A custom wall of California closets offers exceptional storage and style. The Club Longboat Beach and Tennis community offers amazing amenities, including private beach access with lounge chairs and beach umbrellas, eight professional har-tru tennis courts, pickleball, fitness center, shuffleboard, barbeque area, clubhouse with regular social events, sauna, spa and two heated swimming pools. Club Longboat is a pet-friendly community allowing up to two pets with fees that include exterior maintenance and insurance, cable, water, sewer and trash. Perfect as a full-time residence or an income-producing rental, with one-month minimum leases permitted up to 12 times per year. Only a short drive to many fine restaurants, boutiques, Anna Maria Island, St. Armands Circle and the City of Sarasota. Sarasota is a well-known center for arts and culture including the Asolo Theater, Van Wezel Performing Arts Center and Ringling Museum. Schedule your showing today and make resort style living a reality.

Location

Details

Type:
Residential
Parking:
Assigned / Covered / Deeded / Ground Level / Guest / Open / Under Building
Year Built:
1973
Lot:
5.58 Acres
Heating:
Central / Electric
Price/sqft:
$603
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$729,900
$519K – $871K
Confidence Low
List vs. estimate
$165K above estimate
List $895,000 · +22.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$603
-7.6% vs. city median $652
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,337
2024
Pool
Heated
View
Tennis Court, Trees/Woods
Waterfront
Gulf/Ocean Front, Waterfront
Pets
Allowed
All facts and features
  • Flooring

    • Engineered Hardwood

    • Marble

    • Tile

    • Travertine

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Wood Cabinets

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Deeded

    • Ground Level

    • Guest

    • Open

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Balcony / Lighting / Sliding Doors / Tennis Court(s)

    Lot

    • Lot: 5.58 Acres

    Other Property Information

    • Parcel Number: 7998102359

    • Zoning: R3MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Phone Available

    • Public

    • Underground Utilities

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,337

  • Source details

    • MLS ID: A4670624

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: FloodZone

    • Patio And Porch Features: Rear Porch

    • Pool Features: Heated / In Ground

    • Direction Faces: East

    • Architectural Style: Custom / Other

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1484

    • Water Source: Public

    • Subdivision Name: CLUB LONGBOAT BEACH & TENNIS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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