$950,000

5201 Gulf Of Mexico Dr Unit 103 Longboat Key, FL 34228

$10,000
Closing credit¹
2 beds
2 full
1,184 sqft
$802 / sqft
Condo

Property details

About 5201 Gulf Of Mexico Dr Unit 103

Under contract-accepting backup offers. Are you dreaming of the perfect island getaway? Experience luxury and relaxation in this stunningly renovated Gulf-front condominium, where paradise meets coastal charm. Step outside to immerse yourself in refreshing sea breezes, the gentle sound of waves, and captivating views of the sparkling Gulf of Mexico. This bright and airy two-bedroom, two-bathroom en-suite unit is nestled in an exclusive boutique complex featuring only eight residences, set on the serene northern half of Longboat Key. Meticulously designed for coastal living, this home boasts driftwood-inspired tile floors, elegant white wood cabinetry, exquisite quartz countertops, stainless steel appliances, and graceful plantation shutters. The guest bathroom is complete with a Jacuzzi brand tub/shower enclosure, while modern conveniences include a 2022 water heater and a 2024 washer and dryer. The recently renovated community pool offers a perfect spot for relaxation. Accessing this elevated first-floor unit is a breeze, with just three stair steps to your door. Plus, enjoy the added bonus of a storage unit—perfect for bikes, beach gear, and fishing equipment. Hurricane-rated windows and sliding doors kept the building safe and dry during the last hurricane season, with no damage or water intrusion. Location is everything! You are just half a mile from the vibrant Centre Shops of Longboat Key, & numerous delightful restaurants. This fantastic condo comes fully furnished and provides flexible rental options— enjoy two-week rentals from April to December or monthly rentals from January to March. Don't miss out on this exceptional opportunity to own your slice of paradise!

Highlights

Home typeCondominium
HeatingElectric
StatusSale Pending
(Pending)
CoolingCentral Air
Size1,184 sqft
Year built1980
ParkingAssigned, Guest
MLS #A4634093
WaterfrontGulf
ViewWater

Summary

  • MLS Number: A4634093
  • MLS Name: MFRMLS
  • Office Name: ALBERT WOOSTER & COMPANY
  • Office Phone: (941) 350-1220
  • Listing Agent: Kathleen Niedospial

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

birds eye view of property featuring a water view and a view of the beach

$950,000

5201 Gulf Of Mexico Dr Unit 103

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 31, 2018
Home Sold
$650,000
Feb 20, 2015
Home Sold
$537,500

Tax history

YearAssessmentProperty Tax
2023$722,500$11,360
2022$672,000$10,595
2021$555,000$10,595
2020$545,000$9,453
2018$515,000$7,815
2017$463,120$7,815

History based on county public records data.

Nearby schools

4

Bayshore Elementary School

Public District PK-5

4.3 mi

6120 26th St W

4

Sea Breeze Elementary School

Public District PK-5

4.6 mi

3601 71st St W

3

H. S. Moody Elementary School

Public District PK-5

4.7 mi

5425 38th Ave W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $100,893. Residents of Longboat Key, FL typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

14%
<35k
35%
35k-100k
32%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
0%
Single, with Kids
58%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
20%
35-64 yrs old
77%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Stein MartStein Mart
  • BloomingdalesBloomingdales
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • LexusLexus

What do the neighbors listen to?

  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5201 Gulf Of Mexico Dr Unit 103

This home is located at 5201 Gulf Of Mexico Dr Unit 103 in Longboat Key, FL and zip code 34228. This 1,184 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $950,000.

In February 2025, from all listings sold in Longboat Key, FL there were more than 1 sold above asking price, over 24 sold below and more than 1 were sold right at the asked price. In February 2025 in Longboat Key, FL there were 16.9% more homes for sale than in January. While the average time on the market in February 2025 was 37 days, the median list price was $1,260,000.

From Rocket Homes Real Estate and based on county public records data.

More resources