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5260 GULF OF MEXICO DRIVE UNIT 413

Condo/Co-op For Sale
$550,000

BTC: 9.10596026

ETH: 344.89461902

New
Waterfront
2 bds
2 ba
1,155 sqft

Overview

Move-in-ready condition, ground-floor bayside condominium with Sarasota Bay views and deeded private Gulf beach access in the sought-after Banyan Bay Beach Club! Discover effortless coastal living in this beautifully updated 2-bedroom, 2-bath residence offering 1,155 square feet on the bayside of Longboat Key. Thoughtfully renovated throughout, this inviting home features new luxury vinyl plank flooring, new kitchen appliances, updated bathrooms with new vanities, and a bright, open floor plan designed for comfortable island living. Enjoy partial Sarasota Bay views from the living room, primary bedroom, and private rear patio. Step directly from your patio onto the beautifully landscaped lawn, where you can enjoy your morning coffee, watch boats and dolphins pass by, observe abundant coastal wildlife, and welcome beautiful Florida sunrises. The convenient ground-floor location offers effortless access and seamlessly blends indoor and outdoor living. Residents of this pet-friendly community enjoy the best of both worlds with deeded private Gulf beach access and outstanding resort-style amenities, including a heated pool, clubhouse, pickleball, tennis, fishing pier, kayak storage and launch, and assigned parking. Whether you enjoy boating, kayaking, fishing, shelling, or relaxing on the beach, this community offers the quintessential Longboat Key lifestyle. Ideally located near championship golf, waterfront dining, marinas, boutique shopping, St. Armands Circle, and downtown Sarasota, this exceptional residence is perfect as a primary home, seasonal retreat, or investment opportunity. Don't miss this rare opportunity to own an updated, move-in-ready, bayside condominium with Sarasota Bay views, deeded private Gulf beach access, and the relaxed elegance of island living.

Location

Florida • LONGBOAT KEY • 34228 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
Assigned / Covered / Ground Level / Guest
Year Built:
1974
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$476
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,900
$285K – $649K
Confidence Low
List vs. estimate
$100K above estimate
List $550,000 · +22.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$476
-11.7% vs. city median $539
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,617
2025
Pool
Gunite
View
Park/Greenbelt, Water
Waterfront
Bay/Harbor Front, Gulf/Ocean Front
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Ground Level

    • Guest

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Lighting / Sidewalk / Sliding Doors / Storage / Tennis Court(s)

    Other Property Information

    • Parcel Number: 7993811608

    • Zoning: R4MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,618

  • Source details

    • MLS ID: A4698906

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Closet / Washer Hookup

    • Lot Features: FloodZone / Greenbelt / Landscaped / Sidewalk

    • Patio And Porch Features: Covered / Rear Porch

    • Pool Features: Gunite / Heated / In Ground

    • Window Features: Blinds / Window Treatments

    • Direction Faces: North

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY

    • Living Area: 1155

    • Water Source: Public

    • Subdivision Name: THE BANYAN BAY CLUB

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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Market around this address

Live counts in the same area.
View all
This zip
34228
172
median $927K
Active
Same city
LONGBOAT KEY
171
median $915K
Active
Same type
Condo/Co-op
97
median $724K
Active
Similar price
$385K – $715K
57
median $550K
Active

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: MICHAEL SAUNDERS & COMPANY