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About This Home

This 3-bedroom, 2-bathroom condo at 5055 GULF OF MEXICO DRIVE in Longboat Key, FL is listed for $565,000 ($381 per sqft). Built in 1973, the home offers 1,484 sqft of living space on a 5.58 acres lot.

Agent Description

Discover an exceptional value opportunity in Club Longboat on Longboat Key, one of the island’s most desirable beachside communities known for its active lifestyle and resort style amenities. This three bedroom, two bathroom ground floor walkout residence is currently the least expensive unit in the community and presents a rare chance to create a fully customized coastal retreat.

With a solid existing layout and desirable ground level access that enhances indoor / outdoor living, the residence offers tremendous flexibility. Buyers have the opportunity to redesign and expand the third bedroom to add additional square footage, whether to create a more spacious primary suite, an inviting guest retreat, or a dedicated office or flex space.

The potential to transform this residence into a personalized showpiece is exceptional. Club Longboat is ideal for tennis, pickleball, and beach enthusiasts, offering eight Har Tru tennis courts with three lined for pickleball, two heated swimming pools, and 750 feet of private Gulf front beachfront complete with lounge chairs and umbrellas.

The serene waterfront setting enhances the peaceful atmosphere and scenic surroundings. The residence includes a covered parking space directly in front of the unit along with abundant guest parking. On site management serves the 85 residences, providing convenience and peace of mind within a welcoming, all ages community.

Owners enjoy a pet friendly environment with no weight restrictions and a flexible rental policy allowing one month minimum rentals up to twelve times per year, creating excellent income potential. Conveniently located near shopping and fine dining, this is a rare opportunity to secure a value driven property in an amenity rich Longboat Key beachfront community and make it entirely your own.

Key Features

  • Built in 1973
  • 5.58 acre lot
  • Waterfront

Property Details

2 full
#412
1973

Amenities

Waterfront

Monthly Cost Estimate

$3,022/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

5055 GULF OF MEXICO DRIVE

Longboat Key, FL 34228

CLUB LONGBOAT BEACH & TENNIS

Features & Amenities

Interior Features

Living Room/Dining Room ComboPrimary Bedroom Main FloorSolid Surface Counters

Exterior Features

PavedCourtyardGardenLightingSliding DoorsTennis Court(s)

Property Details

Flooring

CarpetTileTile - Ceramic

Construction

BlockStucco

Parking

AssignedCarportCoveredGuestOpenUnderground/Basement

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom condo at 5055 GULF OF MEXICO DRIVE is listed at $565,000 ($381/sqft). The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 5.58 acre lot, Waterfront. Interior Features: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters. Exterior Features: Paved, Courtyard, Garden.

This property is listed by Ryan Ackerman, PA and can be reached at 3052057700 or ryan@ackermangroup.net.

RP

Ryan Ackerman, PA

Agent at COLDWELL BANKER REALTY

(305) 205-7700

Listed by COLDWELL BANKER REALTY · View on Broker Site

MLS# A4683419· Source: listhub· Updated 95 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5055 GULF OF MEXICO DRIVE, Longboat Key, FL 34228

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