5841 GULF OF MEXICO DRIVE #244, Longboat Key, FL, 34228
About This Home
REDUCE PRICE- RARE FIND!!! This fully furnished turnkey 1bedroom/1bath end unit has an open kitchen, dining and living room combo with a sofa sleeper and a screened lanai accommodating four guests comfortably. This lovely turnkey unit has a spectacular view of the Gulf of Mexico from the kitchen, living room and screened in lanai. Walk out of the lanai and dive into the heated pool with an outdoor grill or sink your feet into the sand and ease on into the gulf to experience a tranquil tropical get away in this perfectly situated condo that says paradise as far as the eyes can see. The interior was fully renovated in 2025 with new A/C, Hot Water Heater all new kitchen stainless steel appliances, cabinetry and furniture with the primary bedroom and built-in closet space. The unit is loaded with all the amenities you need. Around the corner of the unit is the laundry facility and a miniature golf course and shuffleboard for a little bit of relaxing fun. This unit is a Great owner/investment opportunity to generate income renting nightly, weekly and monthly. The owner has the option to manage the unit themselves, choose a management company of choice or use the management team on site. The Silver Sands Condo is a short drive from Anna Maria Island, St Armand Circle, and downtown Sarasota loaded with fine dining, entertainment, parks, clubs, marinas, endless shopping and all that the tropical environment offers. Longboat Key offers a tropical lifestyle defined by pristine beaches, world-class golf, and a relaxed atmosphere which is where you will find this one-of-a-kind unit. As mentioned, this type of unit is rarely on the market. Don't wait, now is the time to make this your piece of paradise!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1972
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Block
Type & Style
- Home type: Condo
- Property subType: Hotel/Motel,Condominium
Interior
Appliances
- Appliances included: Convection Oven,Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator
- Laundry features: Common Area,Outside,Same Floor As Condo Unit
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s),Kitchen/Family Room Combo,Primary Bedroom Main Floor
- Door features: Outdoor Grill,Sliding Doors
- Window features: Hurricane Shutters
- Flooring: Ceramic Tile
- Common walls with other units/homes: End Unit
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 640
- Total interior livable area: 520 sqft
Kitchen
- Level: First
- Area: 77
- Dimensions: 11x7
Living Room
- Level: First
- Area: 176
- Dimensions: 11x16
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 168
- Dimensions: 12x14
Property
Details
- Parcel number: 8005201109
- Zoning: R3MX
- Special condition: None
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: Heated,In Ground,Lighting
- Exterior features: Lighting,Outdoor Grill
- Has view: Yes
- View description: Gulf/Ocean - Full
- Has water view: Yes
- Water view: Gulf/Ocean - Full
- On waterfront: Yes
- Waterfront features: Gulf/Ocean,Gulf/Ocean Access
Lot
- Lot size: 1.67 Acres
Parking
- Parking features: Ground Level,Off Street,Open
- Has uncovered spaces: Yes
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
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Manatee County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,553 | $30,636 |
| Home Insurance * | $428 | $5,136 |
| Property Taxes | $774 | $9,288 |
| Electricity | $197 | $2,366 |
| Total | $3,952 | $47,424 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-25 | Price change | $505,000 |
| 2026-02-04 | Price change | $525,500 |
| 2025-10-26 | Listed for sale | $575,000 |
| 2021-03-16 | Sold | $305,000 |
| 2021-02-24 | Pending sale | $320,000 |
| 2021-02-24 | Listed for sale | $320,000 |
| 2021-02-24 | Pending sale | $320,000 |
| 2020-09-24 | Price change | $320,000 |
| 2020-08-26 | Listed for sale | $327,000 |
| 2020-04-01 | Listing removed | $349,900 |
| 2019-11-04 | Price change | $349,900 |
| 2018-12-21 | Listed for sale | $369,000 |
| 2017-04-12 | Sold | $352,000 |
| 2016-11-04 | Price change | $375,000 |
| 2016-09-29 | Listed for sale | $395,000 |
| 2005-08-17 | Sold | $575,000 |
| 2005-03-03 | Sold | $475,000 |
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