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$979,000

Beds
2
Baths
2.0
sq ft
1,316

5655 Gulf of Mexico Dr Unit C205, Longboat Key, FL 34228

5655 Gulf of Mexico Dr Unit C205

LONGBOAT KEY, FL 34228

  • 5 days on market
    • Open house Feb 23
Experience breathtaking beach and Gulf views from this spacious 2-bedroom, 2-bath Cedars West condo. With over 1,350 square feet under A/C and a large screened-in lanai, this freshly painted, bright, and airy residence offers the ultimate retreat—where every day feels like a vacation. Cedars West provides an array of resort-style amenities, including a large heated swimming pool, two tennis courts, BBQ stations, and kayak and bike racks. For those looking to generate rental income, the onsite rental office makes the process seamless. Ideally located in the heart of Longboat Key, this residence is just minutes from Publix and a short drive to the world-class shopping and dining at St. Armands Circle, as well as the vibrant arts and culture scene of downtown Sarasota. Don’t miss this opportunity to own your piece of beachfront paradise! Contact us today for more details or to schedule a private showing.

Details

Property type

Condominium

Est. home value

$873,228

Lot size

6.09 acres

Price per sq ft

$744

Year built

1975

Annual property taxes

$10,350.89

HOA

Yes

Price History

02/17/2025
StellarMLS

StellarMLS #A4640334

Listed
$979,000
+106.11%
01/30/2018
StellarMLS

StellarMLS #U7834437

Sold
$475,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of England

Loan start date

October 2020

Original loan amount

$346,000

Est. remaining balance

$313,064

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Thomas C Albert and Robin C Kaufman

Lender

Bank Of England

Loan start date

January 2018

Original loan amount

$356,250

Est. remaining balance

$306,091

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Thomas C Albert and Robin C Kaufman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 6:40 PM

Listing updated: 02/19/2025 at 4:06 PM

Listed by: Michael Albano, PA, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4640334

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