Longboat Key, FL
$ 525,000 Beds 2 Baths 2 Sq 1,312 Virtual Tour
Monthly Estimate* How much can I afford?

A Buyer's issue has this gem of a condo back on the market AND the Seller has reduced the price for a quick sale. Don't miss this opportunity to own a piece of paradise. The expansive Sarasota Bay sunrises and Gulf of Mexico sunsets are even better in person and are included free with your purchase. You're going to love this sunny and bright 2 Bedroom/2 Bathroom, Turn-Key Furnished (Furniture and Carpets are less than a year old), Open Concept, PENTHOUSE condo (no one living above!) that is ready for immediate enjoyment or earning much desired rental income. You'll enjoy easterly sunrises, tropical bird life, and shimmering water views through your easterly water/preserve front windows plus gorgeous sunsets from your westerly facing kitchen window. This wonderfully updated home has an open concept floor plan, perfect for good times with family and friends. The kitchen has newer stainless steel appliances including Bosch, Samsung and Frigidaire. The custom maple cabinets have soft close drawers, cutlery trays and corner 'lazy susans'. The kitchen is open to the sunny great room with crown moulding and an 8' window overlooking the bay and mangrove preserve. There is a great flow to this floor plan with direct access to the Florida Room/Lanai with its 22' of floor to ceiling hurricane impact windows with views you have to see to believe. There is also a large walk-in storage closet on the lanai for all your 'toys' or use the lanai and storage to create a home office/2nd lounging space perfect for a work/life balance. The owner's suite with crown moulding is nestled on the far side of the home for ultimate privacy and has direct access to the water view lanai. Imagine awakening to the sight of birds taking flight from their tree top perches and soaring over the Bay waters. The newly remodeled 2021 ensuite owner's bathroom includes a large shower with custom glass enclosure, marble topped vanity, glistening subway tile, custom bead board walls and custom, walk-in California Closet. Your guests will also love their water view room that has direct lanai access, abundant storage in the full wall of custom built-ins, crown moulding and the newly renovated guest hall bath with glistening new tile, decorative mosaic inlay tiles, marble top vanity and custom shower. This condo has been lovingly maintained and has in-unit laundry plus a 2019 HVAC. There is one assigned under-building parking spot with an adjacent storage unit, ample guest parking, and common elevator. Windward Bay is amenities rich with 2 heated pools, 2 saunas, fitness center, locker rooms, clubhouse with catering kitchen, lending library, 2 marinas with slips (30' Max Boat Length) that can be rented for $60/month or $65/month with an owner supplied lift, 2 kayak launches and kayak storage for $80/year, fishing, three beach accesses directly across the street for fun times on the sand and Gulf of Mexico waters, shuffleboard, tennis, pickle ball, community pay-per-load laundry in each mid-rise building, 1/2 mile of walking paths, fruit trees and professional management. This community is pet friendly with 2 large dogs allowed, one up to 75 pounds. Rentals are permitted with a one month minimum rental period, up to two different renters per year.


  • Price
  • $ 525,000
  • Lot Size
  • 26.67 Acres
  • Bedrooms
  • 2
  • Sqr Footage
  • 1,312
  • Full Bathrooms
  • 2
  • Year Built
  • 1975
  • Half Bathrooms
  • 0
  • City, Zip
  • Longboat Key
  • Taxes
  • $ 4422
  • County
  • Style
  • Spanish/Mediterranean
  • Area
  • Longboat Key
  • MLS#
  • A4494011
  • Zip
  • 34228
Data Source: Stellar MLS



Accessibility Accessible Approach with Ramp, Accessible Central Living Area, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen
Additional Rooms Florida Room, Storage Rooms
Additional Water Information Salt water, sailboat water, no fixed bridges to Sarasota Bay, ICW or Gulf of Mexico, two on-site boat basins/marinas for monthly lease first come basis
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Architectural Style Spanish/Mediterranean
Association Amenities Boat Slip, Cable, Clubhouse, Dock, Elevators, Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Marina, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court
Association Fee Includes Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road
Association Y/N Yes
Attached Garage Yes
Building Elevator Y/N Yes
Community Features Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
Condo Fees 232
Condo Fees Monthly 232
Condo Fees Term Monthly
Construction Materials Stucco
Cooling Central Air
Elementary School Anna Maria Elementary
Exterior Features Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Storage, Tennis Court(s)
Facing Direction East
Floor Number 4
Flooring Carpet, Tile
Garage Spaces 1
Garage Y/N Yes
Green Landscaping Fl. Friendly/Native Landscape
Green Water Conservation Irrigation-Reclaimed Water
HOA Fee 665.00
HOA Fee Frequency Monthly
Heating Central
High School Bayshore High
Homestead Yes
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Downstairs, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Levels One
MLS Area 34228 - Longboat Key
Middle/Junior High School Martha B. King Middle
Minimum Lease Period 1 Month
Monthly HOA Amount 665.00
Number Of Pets 2
Other Structures Storage, Tennis Court(s)
Parking Features Assigned, Common, Ground Level, Guest, Under Building
Patio/Porch Features Enclosed, Porch
Pet Restrictions See association for breed restrictions. Two large dogs allowed with max pet weight of 75 pounds for one dog. The other must be less than 75 pounds. Leash and pooper scooper rules apply.
Pet Size Large (61-100 Lbs.)
Pets Allowed Number Limit, Size Limit, Yes
Pool Features Child Safety Fence, Gunite, Heated, In Ground, Lap Pool, Lighting, Outside Bath Access
Property Description Elevated, Mid Rise
Property SubType Condominium
Property Type Residential
Roof Built-Up, Shingle
Security Features Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions None
Status Pending
Subdiv Community Name Windward Bay
Subdivision Name WINDWARD BAY AMD
Terms Cash, Conventional
Township 35
Unit Number PH5
Utilities Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
View Water
Water Access Type Bay/Harbor, Beach - Access Deeded, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway, Marina
Water Access Y/N Yes
Water Body Name SARASOTA BAY
Waterfront Features Bay/Harbor
Year Built 1975
Zoning R4MX

Interior Features

Fireplace Features Other Room, Non Wood Burning
Fireplace Y/N Yes
Furnished Y/N Turnkey
Laundry Features Inside, Laundry Closet
Living Area 1312.00
Total Bedrooms 2
Window Features Thermal Windows

Exterior Features

Building Area Total 1312.00
Foundation Details Stem Wall
Lot Features In City Limits, In County, Level/Flat, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Dead-End, Street Private
Lot Size Acres 26.67
Lot Size Square Feet 1161752
Vegetation Fruit Trees, Mature Landscaping, Trees/Landscaped
Water Extras Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
Water Extras Yn Yes
Water Frontage Feet Bay Harbor 40
Water View Bay/Harbor - Full
Water View Y/N Yes
Waterfront Feet Total 40
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator


Per Month

Based on the average sale price from the Saint Petersburg, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.


Elementary School Anna Maria Elementary
Middle School Martha B. King Middle
High School Bayshore High

Price History

3/12/2021 Listed $549,000
4/1/2021 5% - $525,000

Property vs Zip Code Average in 34228

AVG $1.86M
AVG $18,529
AVG 209
Year Built
AVG 1986


Areas That We Cover

4540 GULF OF MEXICO DRIVE #PH5 Longboat Key, FL is a Single Family Home for sale at $525000 with 1312 sqft and a lot size of 26.67 Acres Acre(s). 4540 GULF OF MEXICO DRIVE #PH5 Longboat Key has 2 bedrooms, 2 baths and was built in 1975. The property's zip code is 34228 which is in Longboat Key, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.