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5924 Gulf Of Mexico Dr, Longboat Key, FL, 34228

2beds
2baths
1,359sqft
$849,500
$625price/sqft
$6,678/moest. monthly cost
$267,120/yrincome needed

About This Home

Sought after mid-key cottage home with DEEDED BEACH ACCESS on the barrier island of Longboat Key.  Entering the home, you are greeted by terrazzo floors, wood beam ceilings and a tile accented gas fireplace in the large living room.  An additional room overlooking screened in pool can be used as an office, exercise room or extra space for guests. Newly renovated kitchen with wood cabinets, quartz countertops, new sink and fixtures.  Bathrooms have been completely renovated with beautiful walk-in tiled showers. A built-in bookcase in the living room adds charm with plantation shutters, accent lighting and ceiling fans throughout. Completely restored home by licensed general contractor and professionally mitigated after hurricane Helene flood damage. The house shares a driveway and deeded beach access with 5920 Gulf of Mexico Drive making it a perfect guest house or family compound when purchased together. Another possibility is to use one as as a rental for an ongoing revenue stream. The property is being sold As-Is (use FAR-BAR-ASIS-7.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

8/10
4/10
2/10
Bayshore High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Microwave
  • Laundry features: Gas Dryer Hookup,In Garage,Washer Hookup

Balcony Porch Lanai

  • Level: First

Bathroom2

  • Features: Exhaust Fan,Shower No Tub,Single Vanity
  • Level: First

Bedroom2

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Family Room

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First

Features

  • Ceiling Fan(s),Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Thermostat
  • Door features: Sliding Doors
  • Window features: Shutters
  • Flooring: Terrazzo,Tile
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,286
  • Total interior livable area: 1,359 sqft

Kitchen

  • Features: Pantry,Stone Counters,Storage Closet
  • Level: First

Living Room

  • Features: Built-In Shelving,Ceiling Fan(s),No Closet
  • Level: First

Primary Bathroom

  • Features: Shower No Tub,Single Vanity
  • Level: First

Primary Bedroom

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First

Property

Details

  • Parcel number: 7901700000
  • Zoning: R3SF
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Gunite,Heated
  • Exterior features: Rain Gutters,Storage
  • Waterfront features: Freshwater Canal Access

Lot

  • Lot size: 10,794 sqft
  • Features: Flood Insurance Required,FloodZone
  • Lot size dimensions: 76 x 142

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached,Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Manatee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,295$51,540
Home Insurance *$720$8,640
Property Taxes $1,466$17,592
Electricity $197$2,366
Total$6,678$80,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$228,960/yr
40% on housing$200,340/yr
45% on housing$178,080/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$625This listing

vs Other Active Listings

Avg $/sqft

ZIP 34228$737
Manatee County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 34228$667
Manatee County$239

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-03Price change$849,500
2026-02-03Price change$899,500
2026-01-15Price change$929,000
2025-05-14Listed for sale$949,000

For Sale by Agent

AgentJohn Donato
BrokerageJOHN DONATO REAL ESTATE INC

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