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5655 GULF OF MEXICO DRIVE UNIT A107

Condo/Co-op Active With Contract
$799,000

BTC: 12.68253968

ETH: 457.61741123

47 days
Waterfront
2 bds
2 ba
1,274 sqft

Overview

Under contract-accepting backup offers. Experience the best of Gulf-front living and gorgeous views in this move-in-ready, two-bedroom, two-bath waterfront condominium, perfectly positioned in an elevated community just steps from the beach. This home is in impeccable condition and is designed for relaxation, with a seamless blend of comfort, style and convenience. It's being sold turnkey with lovely furnishings. The kitchen features new Samsung stainless steel appliances, plenty of counter space, and a comfortable sitting area. An open floor plan with a large living room, remote-controlled sunshades and three-panel impact sliding glass doors opens to an inviting screened lanai with a tropical ceiling fan, blurring the lines between indoor and outdoor living. There are ceiling fans in every room. The primary suite offers a large bath with a separate water closet and a huge walk-in closet. There are also impact sliders leading out to the lanai with a view of the Gulf. The guest suite is spacious with lots of closet space. The laundry is neatly tucked away and features Bosch machines. If you love the beach and enjoy stunning sunsets, Cedars West is really the perfect place to live. This location is walking distance to our local restaurants (Lo-Key, Harry's and Hugos), convenience shopping and all the amenities you’ll need to enjoy life here on Longboat Key. This community has tennis, a heated pool, BBQ area, bike racks, and kayak storage. Cedars East, just across the street, offers tennis membership with a world-class facility. This financially sound community offers peace of mind with a new roof and no assessments planned. With a liberal rental policy allowing up to 26 rentals/year, this property presents an exceptional investment opportunity while still offering the flexibility to enjoy your own beach getaway. There is a locking owner's closet in the unit. You have to see this home to really appreciate how special it is.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1975
Lot:
No Data
Heating:
Electric
Price/sqft:
$627
Cooling:
Central Air
HOA:
$3,491

Valuation

Our model vs. what's actually selling nearby.
Estimate
$385,000
$170K – $899K
Confidence Low
List vs. estimate
$414K above estimate
List $799,000 · +107.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$627
-3.9% vs. city median $652
Based on
182 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,184
2025
HOA
$3,491/qtr
Common Area Taxes, Community Pool, Insurance
Pool
In Ground
View
Water
Waterfront
Waterfront, Gulf/Ocean
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sidewalk / Sliding Doors

    Other Property Information

    • Parcel Number: 7927300405

    • Zoning: R3MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • HOA: $3,491

    • HOA Frequency: Quarterly

    • Annual tax amount: $3,185

  • Source details

    • MLS ID: A4687549

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: In Kitchen / Laundry Closet

    • Pool Features: In Ground

    • Direction Faces: West

    • Architectural Style: Coastal / Florida

    • Waterfront: Yes

    • Water Body Name: GULF

    • Living Area: 1274

    • Water Source: Public

    • Subdivision Name: CEDARS WEST OF LONGBOAT INC

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: PREMIER SOTHEBY'S INTERNATIONAL REALTY