CENTURY 21 Edge
$1,495,0002 bd2 ba1,516 sqft$986 /sqft≈$9,774 /mo all-in ↓

5461 GULF OF MEXICO DRIVE UNIT 304, LONGBOAT KEY, FL, 34228

Active10 days on marketListed Oct 2, 2026MLS #A4706200

WaterfrontCondominiumLONGBOAT COVE

About this home

5461 GULF OF MEXICO DRIVE UNIT 304

Virtually Staged. Step directly onto the sand from this pristine beachfront condo, where panoramic views of the ocean set the scene for total relaxation. Designed with an open-concept layout, the living area features 24x48 Carrara-style matte porcelain floor tile, wall-to-wall glass sliding doors that frame uninterrupted water views and open to a private covered balcony with a powered retractable screen as well as a security screen on both the balcony and master bedroom windows and all new impact windows and sliders. The Chefs kitchen features endless counter space and quartzite counter tops with full height quartzite backsplash, a breakfast bar, soft close cabinets and drawers, multiple custom drawers insert with organizers, dividers and pull outs. The luxury stainless-steel appliances include Sub Zero paneled triple-column integrated refrigeration suite with a 36” refrigerator, 18” freezer and 24” wine tower, a Marvel undercounter refrigerated beverage center, Café induction cooktop/double convection range and Café glass range hood. The ocean facing main bedroom with balcony access, offers a custom geometric coffered ceiling design with inset lighting, custom-built walk-in closet, Hunter Douglas dual electric shades with light filtering and black out shades. The elegant primary bath features custom cabinetry with under-cabinet lighting and generous storage including linen tower, pull out laundry hamper, built-in makeup area, dual vanities, marble counter tops, custom Glass enclosure and two shower heads with polished nickel individual Hansgrohe thermostatic valves. The large guest bedroom with wall-to-wall windows has a custom closet with mirrored pocket closet door as well as Hunter Douglas dual electric shades with light filtering and black out shades. The Guest bathroom has marble countertops, mosaic marble floor, European style floating vanity with under-cabinet lighting, double shower heads with Hansgrohe thermostatic valve and a custom glass enclosure. The laundry closet has a full-sized LG front loading washer and dryer with laundry folding quartzite countertop over the washer and dryer and upper cabinetry for storage. This residence comes with an enclosed under building parking space and a large storage closet with shelving. Amenities include a heated swimming pool surrounded by lush landscaping, tennis and pickleball court, beautiful dune walkway over to the beach, a grilling area, private beach access and an on-site property manager. This is a well-maintained boutique community of 2 buildings with only 26 total residences, pet friendly and walkable to 5 restaurants. Being offered partially furnished.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,516

Sqft

4.01 ac

Lot size

1

Garage

1980

Year built

One

Levels

$986

Per sqft

WaterfrontPark/Greenbelt & Water viewPartially

Inside

FlooringPorcelain Tile
AppliancesBar Fridge · Convection Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Freezer · Ice Maker · Microwave · Range · Range Hood · Refrigerator · Washer · Wine Refrigerator
InteriorCeiling Fan(s) · Eating Space In Kitchen · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Window Treatments
LaundryInside · Laundry Closet
CoolingCentral Air
HeatingCentral · Electric
FurnishedPartially

Outside & construction

RoofBuilt-Up
ConstructionBlock · Stucco
FoundationSlab
ViewPark/Greenbelt · Water
FacesEast
ParkingAssigned · Covered · Deeded · Garage Door Opener
ExteriorBalcony · Hurricane Shutters · Lighting · Outdoor Grill · Private Mailbox · Sliding Doors · Storage · Tennis Court(s)

Community & fees

Taxes (2025)$11,840/yr
PetsCats OK, Dogs OK
CommunityGulf/Ocean Front · Water Access · Buyer Approval Required · Community Mailbox · Pool · Tennis Court(s)

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Phone Available · Sewer Connected · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$9,774 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$8,067
PMI (est., until 20% equity)$561
Property tax — 2025 actual bill$987
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $149,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $149,500
Interest rate6.00%
Loan term

Estimated payment

$9,774/mo

Principal & interest$8,067
PMI (est., until 20% equity)$561
Property taxes (actual bill)$987
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.5M
$615KedgeAI estimate $711,972 · range $641K–$783K$1.6M

vs edgeAI estimate

+110%

$/sqft vs Longboat Key actives

$986 vs $659

Days on market

10 vs 125 typical

Where $986/sqft sits among the 218 Longboat Key actives

102
51
31 · this home
12
6
16
$361–637$637–912$912–1187$1187–1462$1462–1738$1738+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Longboat Key

Get to know Longboat Key. See the full Longboat Key guide →

LONGBOAT KEY 34228 — neighborhood snapshot

Population

7,512

Median age

71.5

Median income

$143,365

Median home value

$959,200

Avg household

1.8

Households w/ children

51%

For the school run

Sarasota County School District

HighBooker High School★★★★★
MiddleBooker Middle School★★★★★
ElementarySouthside Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Longboat Key market

Seller’s marketBalanced — 5.1 months of inventoryBuyer’s market

$820K → $948K

Longboat Key median sold, yr/yr

93.1%

Sale-to-list ratio (12 mo)

89 of 218

Longboat Key actives have cut their price

Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 168% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →

Paper trail

This home's history

Oct 2, 2026Listed at $1,495,000 · 10 days on market since
1980Built · LONGBOAT COVE

Reality check

What actually sold near 5461 GULF OF MEXICO DRIVE UNIT 304

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

4600 GULF OF MEXICO DRIVE UNIT 206Sold · Mar ’26

$701,000

4600 GULF OF MEXICO DRIVE UNIT 206

2 bd · 2 ba · 1,523 sqft · $460/sqft · 46 DOM

4960 GULF OF MEXICO DRIVE UNIT 206Sold · Jul ’26

$644,950

4960 GULF OF MEXICO DRIVE UNIT 206

2 bd · 2 ba · 1,523 sqft · $423/sqft · 128 DOM

4325 GULF OF MEXICO DRIVE UNIT 204Sold · Dec ’25

$1,175,000

4325 GULF OF MEXICO DRIVE UNIT 204

3 bd · 2 ba · 1,484 sqft · $792/sqft · 129 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Iain Robinson

Your agent

Iain Robinson

Broker Associate · CENTURY 21 Edge

Tours, negotiation, and every question about 5461 GULF OF MEXICO DRIVE UNIT 304 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5461 GULF OF MEXICO DRIVE UNIT 304 — before you fall in love.

See it in person

Schedule a tour

Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5461 GULF OF MEXICO DRIVE UNIT 304 FAQs

What would the monthly payment be for 5461 GULF OF MEXICO DRIVE UNIT 304?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,774/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5461 GULF OF MEXICO DRIVE UNIT 304?+

The most recent tax bill on record (2025) was $11,840. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5461 GULF OF MEXICO DRIVE UNIT 304?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Longboat Key?+

At $1,495,000, this home is listed about 73% above the Longboat Key median of $863,900. The market section on this page shows how the area is trending.

Which schools are assigned to 5461 GULF OF MEXICO DRIVE UNIT 304?+

Booker High School (high), Booker Middle School (middle), Southside Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$1,495,000 runs 168% above the LONGBOAT KEY 34228 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Booker High School, Booker Middle School, Southside Elementary School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of COLDWELL BANKER REALTY · Maggie Hicks. MLS #A4706200.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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