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5055 GULF OF MEXICO DRIVE UNIT 115

Condo/Co-op For Sale
$795,000

BTC: 10.55566620

ETH: 318.00000000

2 days
Waterfront
3 bds
2 ba
1,484 sqft

Overview

Welcome to effortless Gulf-front living at Club Longboat Beach & Tennis Resort, one of Longboat Key’s established and sought-after beachfront communities. This beautifully updated three-bedroom, two-bath residence is offered turnkey furnished, making it an exceptional opportunity for a full-time residence, coastal retreat or potential income-producing investment. In desirable Building 1, this spacious first-floor residence offers approximately 1,484 square feet of comfortable, thoughtfully designed living space with the rare convenience of no elevators or long walks. The open, split-bedroom floor plan features wide-plank flooring, a light and inviting coastal palette, and an easy flow for everyday living and entertaining. The updated kitchen is the heart of the home, featuring crisp white cabinetry, stainless steel appliances, under-cabinet lighting, a glass tile backsplash and a large center island with seating. Floor-to-ceiling sliders in the great room open to a private, lushly landscaped patio, extending the living space outdoors and creating a peaceful place to enjoy the Longboat Key lifestyle. The spacious primary suite offers direct patio access, a beautifully updated bath with walk-in glass shower and generous closet space. Two additional bedrooms provide flexibility for family and guests, including a den/third bedroom with Murphy bed. A second full bath, full-size washer and dryer, additional laundry cabinetry and abundant storage complete the interior. Just outside your front door is a private storage room and covered parking space, with ample additional guest and resident parking throughout the community. Club Longboat offers approximately 750 feet of direct Gulf-front beach and an exceptional resort-style lifestyle. Amenities include eight Har-Tru tennis courts, several lighted for evening play, an on-site tennis professional, pickleball, two heated swimming pools including separate adult and family pool areas, spa/whirlpool, sauna, beach chairs and umbrellas, grilling areas, bocce, fishing, on-site management and an active social calendar. A new clubhouse with fitness and social spaces is also planned as part of the community’s hurricane restoration, with exciting improvements ahead. Owners enjoy a welcoming community with regular social events, including Friday happy hours and seasonal celebrations. Club Longboat is also pet-friendly for owners and offers exceptional rental flexibility, with a 30-day minimum and up to 12 leases per year. For buyers looking to offset ownership costs, this residence offers a particularly compelling advantage, such as a proven rental history with substantial demand and future bookings potential. The combination of a three-bedroom floor plan, turnkey furnishings, direct Gulf access and flexible leasing has made this an exceptionally desirable rental. Ideally on the Gulf side of Longboat Key, you are minutes from outstanding dining, boating, golf and recreation, with the shops and restaurants of St. Armands Circle and the arts and culture of downtown Sarasota just a short drive away. Whether you are searching for a turnkey beach home, seasonal escape or investment property, this beautifully furnished Club Longboat residence offers the combination buyers want most, direct gulf access, resort-style amenities, three bedrooms, rental flexibility and unmistakable lifestyle of Longboat Key. Simply arrive, unpack and head to the beach.

Location

Details

Type:
Residential
Parking:
Assigned / Covered / Deeded / Ground Level / Guest / Reserved
Year Built:
1973
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$536
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,000
$439K – $1.6M
Confidence Low
List vs. estimate
At estimate
List $795,000 · -0.5%
List is in line with recent comparable activity.
Price per sq ft
$535
-12.6% vs. city median $613
Based on
136 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,300
2026
Pool
Deck
View
Garden, Pool
Waterfront
Waterfront, Beach
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Freezer

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Eating Space In Kitchen

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Deeded

    • Ground Level

    • Guest

    • Reserved

    Property

    • Levels: One

    • Exterior Features: Courtyard / Garden / Irrigation System / Lighting / Other / Outdoor Grill / Rain Gutters / Sidewalk / Sliding Doors / Storage / Tennis Court(s)

    Other Property Information

    • Parcel Number: 7998100304

    • Zoning: R3MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,300

  • Source details

    • MLS ID: A4705924

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room / Washer Hookup

    • Lot Features: In County / Landscaped / Near Golf Course / Near Marina / Near Public Transit / Private / Rolling Slope / Sidewalk / Sloped

    • Patio And Porch Features: Patio

    • Pool Features: Deck / Gunite / Heated / In Ground / Lighting

    • Window Features: Blinds / Double Pane Windows / Insulated Windows / Shutters

    • Direction Faces: East

    • Other Structures: Storage / Tennis Court(s)

    • Architectural Style: Custom / Elevated / Florida

    • Waterfront: Yes

    • Living Area: 1484

    • Water Source: Public

    • Subdivision Name: CLUB LONGBOAT BEACH & TENNIS

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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: PREMIER SOTHEBY'S INTERNATIONAL REALTY