Active

4976 GULF OF MEXICO DR #Villa 18

LONGBOAT KEY FL, 34228

$850,000


$447.37 per sqft

Active

2 Beds

2 Baths

1,900 sqft

Condo

Built in 1974

OPPORTUNITY IS KNOCKING - $150,000 PRICE REDUCTION ON THIS SPACIOUS MAINTENANCE FREE WATERFRONT HOME! This waterfront villa offers gorgeous Sarasota Bay and canal views plus the spaciousness of a single-family home (1900 SF), yet it is Maintenance-Free! It's the best of both worlds...the size of a house yet the ease of condo living. Offering a perfect island lifestyle and the space to entertain or host guests, this inviting home features a water view Great Room, a Florida Room with attached patio, two Bedrooms with direct access to the Florida Room, two Bathrooms, and a versatile Bonus Room that can serve as a home office, third bedroom, or in-law quarters with its built-in Murphy Bed and exterior entrance. As you enter this waterfront haven, a soothing coastal decor embraces you, harmonizing with the captivating blue water views. Luxury Vinyl Plank floors, recently updated bathrooms with new vanities, new tile and stone countertops, and a generously sized kitchen finished with cottage-style cabinets and a porcelain Farm Sink immerse you into a comfortable coastal lifestyle. Hurricane impact windows and a newer roof ensure peace of mind. Convenience is key with a spacious laundry room housing newer full-sized machines and an attached carport facilitating easy access to your front door for groceries and luggage. In addition, you have your own private patio, perfect for barbecuing the catch of the day, al fresco dining under the stars or watching manatees and dolphins. Venturing beyond your personal oasis, you can indulge in abundant community amenities including 2 heated pools with complementary chaises, saunas, tennis and pickle ball courts, a fitness center, shuffleboard courts, boat slips ($45/month or $50/month with an owner supplied lift), kayak and paddle board storage/launches ($35/year), fishing, 3 beach accesses, and scenic biking/walking paths through 26 acres of professionally landscaped bay front grounds. An additional perk includes the Zota Beach Resort just across the street for fine dining and sunset happy hours. For peace of mind, the community is proactive in maintenance, passing its structural integrity inspection and receiving certification for another ten years. This sought-after community allows two rentals per year with a one-month minimum, enabling income generation while retaining the serene residential living experience. Uniquely pet-friendly, this community welcomes two large pets up to 75 pounds each and provides pet comfort stations throughout the property. Seize the opportunity to make this tranquil island haven your own! It's an extraordinary chance for an easy beach lifestyle in a paradise-like setting.

A4589073

MLS ID

October 12, 2023

Listed

April 26, 2024

Updated

Map

4976 GULF OF MEXICO DR #Villa 18
LONGBOAT KEY FL, 34228

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

2


Interior Features

Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments


Appliances

Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer


Laundry Description

Inside, Laundry Room


Floor Description

Luxury Vinyl, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

26.17 Acres


Exterior Features

French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sprinkler Metered, Tennis Court(s)


Lot Features

Flood Zone, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved


Architectual Style

Mediterranean


Roof

Built-Up, Tile


Sewer

Public Sewer

School Information

High School

Bayshore High


Elementary School

Anna Maria Elementary

Other Property Details

Area Name

34228 - Longboat Key


Taxes

$5,707


Tax Frequency

Annually


Days on Market

163


Association Fee

$1,035


Association Fee Frequency

Monthly


Association Amenities

Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s), Trail(s), Vehicle Restrictions


Garage

No


Parking

Covered, Deeded, Ground Level, Guest, Off Street, Open


View

Yes


View Description

Water


County

Manatee


Municipality

35


Water Source

Public


Pool

No


Pool Features

Child Safety Fence, Gunite, Heated, In Ground, Lap, Lighting, Outside Bath Access


Waterfront

Yes


Zoning

R4MX


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/25/2024

Price Change

$850,000

-2%

3/24/2024

Price Change

$865,000

-2%

3/8/2024

Price Change

$875,000

-2%

2/21/2024

Price Change

$892,000

-4%

2/7/2024

Price Change

$925,000

-3%

1/18/2024

Price Change

$950,000

-3%

1/1/2024

Price Change

$975,000

-3%

Listed by Eileen Gillen, PLL, Brian Gillen with COLDWELL BANKER REALTY
Listing Contact: 941-383-6411 

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Data last updated 4/26/2024, 1:38 AM UTC

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