$649,999

5260 Gulf Of Mexico Drive

Longboat Key, FL 34228

Active
2
Beds
2
Baths
1,128
Sq Ft
1974
Built
WaterfrontWater access$576/sqft
🏠Condominium

Property type

🏗️1974

Year built

📊$576

Price / sq ft

🏘️No HOA

HOA dues

📅141

Days on market

🌊AE

Flood zone

About this home

This beautifully maintained, ground-floor 2-bedroom, 2-bathroom condo in the desirable Banyan Bay Club offers an exceptional opportunity to own a spacious, modern / updated, move-in-ready home perfectly positioned in a charming, pet-friendly gulf-to-bay community. This unit combines convenience, amenities, and a relaxed coastal lifestyle—all at an outstanding location. This Banyan Bay condominium has an open floor plan with plank style ceramic tile throughout, recently updated featuring new cabinets, vanities, quartzite/quartz countertops and new stainless steel appliances; new Central Air system, and new hot water heater, in-unit full-size washer & dryer, modern tile design in bath, extra sleeping nook for added flexibility, tastefully furnished (can be sold furnished), private patio nestled under a majestic banyan tree-ideal for morning coffee or evening cocktails, large glass hurricane sliders & windows offering a garden view, fiber optic internet included for each unit. SQUARE FOOTAGE IN SLEEPING NOOK IS ADDED TO MAKE THE INTERIOR SQ FTG 1163. The resort-Style Community Amenities (steps from your door): heated community swimming pool, newly resurfaced tennis and pickleball court, fully equipped fitness center, clubhouse with social hall and full kitchen, new day dock, fishing pier, kayak/paddleboard launch, & storage, private gulf beach access with complimentary lounge chairs on the sand, assigned covered carport parking plus ample guest parking, exterior storage for beach gear, on-site manager and carefree exterior maintenance handled by the association, bicycle storage and mature tropical landscaping with giant banyan trees. Unbeatable Location-why Mid-Key is Best! Everything you need is within walking distance; numerous restaurants & cafes, boutiques, beautiful Durante Park with shaded trails and playground, 3 minute walk to your private Gulf beach, 1-minute walk to the community pool, gym, clubhouse, and courts,. This 44-unit condominium offers a social atmosphere, plenty of activities, up to 2 pets allowed (no weight or size limit). Whether you are seeking a full-time residence, vacation getaway, second home or investment property (valued returning renter’s incomes can offset HOA fees), this immaculate condo is ready for you to move in and start enjoying the island lifestyle today. Don't miss this combination of location, amenities and value on Longboat Key!

Estimated monthly payment

Principal & interest$3,287
Property taxes$493
Home insurance (est.)$298

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history141 days on market

  1. Status: Active
    Jan 6, 2026
  2. Listed$649,999
    Jan 6, 2026
  3. Price increased$649,999

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
141
Subdivision
The Banyan Bay Club
County
Manatee
Year built
1974
Living area
1,128 sq ft
Price/sq ft
$576
Building area
1,278 sq ft (Public Records)
Flood zone
AE (12081C0292F)
Annual taxes
$5,922 (2024)
Parcel #
7993811103
Zoning
R4MX
MLS #
A4677090

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Ceramic Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
Laundry
Electric Dryer Hookup, Inside, Same Floor As Condo Unit, Washer Hookup
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$1,763/mo
Total annual fees
$21,156
HOA name
PROGRESSIVE COMMUNITY MGMT/SHANE RANIERE
CDD
No
Min lease term
1 Month
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Refer to Condo docs.
Approval process
CONDO HOA APPROVAL REQUIRED. Refer to Condo docs.

Exterior & Construction

Exterior features
Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered, Storage, Tennis Court(s)
Construction materials
Block, Stucco
Roof
Other, Shingle
Foundation
Block
Waterfront
Yes
Water access
Yes
Road surface
Asphalt, Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Living RoomFirst15x16
KitchenFirst9x12
Dining RoomFirst
Primary BedroomFirst15x15
Bedroom 2First12x13

Listing Details

Listing date
2026-01-01
On market date
2026-01-06
Original list price
$649,999
Occupant type
Owner
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-01-06
Tax legal description
UNIT 403, BANYAN BAY CLUB THE, A CONDO (2422/0758) PI#79938.1110/3

Flood risk

High riskFEMA Zone AEPanel 12081C0292F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Gulf of Mexico Drive North Banyan Bay Club on your right. Condo is near the tennis courts as you pull in past the clubhouse.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 27, 2026 at 10:25 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA