5320 Gulf Of Mexico Drive, FL
Stellar MLS

$999,000

5320 Gulf Of Mexico Drive

Longboat Key, FL 34228

Listing updated: June 5, 2026 at 3:21 PM ET

Active
3
Beds
2
Baths
1,323
Sq Ft
1.53
Acres
1981
Built
WaterfrontWater access1.53 acres$755/sqft
Condominium

Property type

1981

Year built

66,793 sqft

Lot size

$755

Price / sq ft

No HOA

HOA dues

24

Days on market

2

Garage spaces

AE

Flood zone

About this home

Rarely available within the intimate nine-residence bayfront community of Longboat Landing, this beautifully updated three-bedroom residence captures panoramic Sarasota Bay views and effortless waterfront living from its prized location on the north end of Longboat Key. Offered turnkey furnished and completely move-in ready, the getaway combines a refined coastal aesthetic with the rare convenience of on-site boat slips and docks (on a first-come basis) capable of accommodating up to a 26-foot vessel—creating an ideal opportunity for boating enthusiasts seeking immediate enjoyment. Spanning more than 1,300 square feet, the open-concept layout is filled with natural light and designed to maximize the calming bayfront setting. Contemporary wood-grain tile flooring flows throughout the residence, while crown molding, high ceilings, and chic modern finishes enhance the interiors. An extended foyer hallway leads to the sunlit great room, where walls of impact-rated floor-to-ceiling pocketing sliders open completely to the screened bayfront terrace, creating a seamless indoor-outdoor connection framed by sparkling blue water views. The granite kitchen overlooks the main living spaces and was thoughtfully designed for both entertaining and everyday living. Features include a wraparound breakfast bar, informal dining area, solid-wood cabinetry, granite countertops and backsplash, stainless steel appliances, and generous prep space. Recent upgrades provide added peace of mind, including a 2024 A/C replacement, 2023 Hardi Plank siding installation, impact-rated windows and sliding doors throughout, kitchen and bath renovations, updated finishes, ductwork modifications, and a newer roof. The primary suite is positioned directly along the bayfront, offering tranquil water views and private terrace access. Two additional guest bedrooms are arranged in a split plan for privacy, including one en-suite guest suite and a third bedroom currently utilized as a home office. Completing the residence are a private laundry room, two under-building parking spaces, and additional exterior storage. Outside, residents enjoy the relaxed waterfront lifestyle Longboat Landing is known for, with amenities including dock slips, fishing pier, heated community pool, and tennis court—all surrounded by lush tropical landscaping and Sarasota Bay vistas. Perfectly positioned along Gulf of Mexico Drive, this charming bayfront getaway is moments from Longboat Key’s renowned beaches, waterfront dining, boutique shopping, marinas, and scenic biking paths. St. Armands Circle and downtown Sarasota are just a short drive away, offering fine dining, galleries, theaters, Selby Gardens, and Sarasota’s vibrant cultural attractions. Rarely available, beautifully updated, and directly on Sarasota Bay, this residence offers an exceptional opportunity to embrace the best of Longboat Key waterfront living.

Local Insight

This 1981 waterfront condo sits in an AE flood zone, which means mandatory flood insurance will be a significant ongoing cost you need to factor in beyond the $999k purchase price—that's a real expense many buyers underestimate in this area. The $755/sqft is actually reasonable for Longboat Key waterfront with direct water access, and the zero HOA is unusual for a condo, but you'll want to verify what that means for maintenance responsibilities and whether there's an active condo association managing the building. The 1.53-acre lot is generous for this market, though as a 1981 structure, budget for potential updates to systems and building envelope given its age and coastal exposure.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$5,051
Property taxes$329
Home insurance (est.)$458

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 history24 days on market

  1. Status: Active
    May 12, 2026
  2. Listed$999,000
    May 12, 2026
  3. Price increased$999,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
24
Cumulative DOM
233
Subdivision
Longboat Landing
County
Manatee
Year built
1981
Living area
1,323 sq ft
Price/sq ft
$755
Lot size
66,793 sq ft
Flood zone
AE (12081C0292F)
Garage
2 spaces
Annual taxes
$3,942 (2025)
Parcel #
7993300107
Zoning
R3MX
MLS #
A4693334

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Tile
Appliances
Electric Water Heater
Interior features
Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry
Electric Dryer Hookup, Inside, Laundry Room
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes
Parking features
Ground Level, Guest, Basement

HOA & Financial

HOA fee
$0 / Quarterly
Monthly HOA
$0/mo
Total monthly fees
$2,050/mo
Total annual fees
$24,600
HOA name
Frank Biondello
CDD
No
Min lease term
1 Month
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
SEE DOCUMENTS
Approval process
SEE DOCUMENTS

Exterior & Construction

Exterior features
Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
Construction materials
Block, Stucco
Roof
Built-Up
Foundation
Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Number Limit, Yes

Room Details

RoomLevelDimensions
FoyerFirst5x9
KitchenFirst11x16
Dining RoomFirst16x13
Living RoomFirst16x11
Balcony/Porch/LanaiFirst27x7
Primary BedroomFirst13x14
Primary BathroomFirst
Bedroom 2First9x13
Bathroom 2First
Bedroom 3First9x10
LaundryFirst

Listing Details

Listing date
2026-05-05
On market date
2026-05-12
Original list price
$999,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-05-12
Tax legal description
UNIT 101 LONGBOAT LANDING CONDO PI#79933.0010/7

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 Dr North to 5000 block, turn east into community. Unit 101 is at the very back, overlooking the waterfront and dock

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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 June 5, 2026 at 3:21 PM 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.

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