Putnam Realty GroupFlorida Home Value AI · Michael Putnam, Sales Associate

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5270 GULF OF MEXICO DRIVE #508
$754,900

5270 GULF OF MEXICO DRIVE #508

LONGBOAT KEY, FL 34228 · Condominium

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Bedrooms3
Bathrooms3 full
Living area1,460 Sq. Ft.
Total area1,596 Sq. Ft.
Year built1974
Carport1 spaces
Stories2
WaterfrontYes
Flood zoneAE
SubdivisionTHE BANYAN BAY CLUB
Days on market282
MLS numberMFRA4673695

Property taxes: $4,861 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.

About this home

Rarely available and beautifully positioned, this 3-bedroom, 3-bath fully furnished residence with UNOBSTRUCTED FULL BAY VIEWS invites you to experience true beach-to-bay living in the coveted community of Banyan Bay on the north end of Longboat Key. From sunrise coffees on your private terrace to evenings spent watching dolphins glide across the bay, this home offers an effortless blend of comfort, coastal elegance, and unforgettable daily moments. Set within an intimate community of just 26 Bayside and 18 Gulf side residences, Banyan Bay provides a peaceful retreat with exceptional amenities. Start your mornings with a stroll along your private Gulf beach access, join neighbors for a friendly match on the tennis/pickleball court, launch a kayak directly onto the bay, or unwind by the heated pool after a day on the water. A day dock/fishing pier, fitness center, clubhouse, and convenient bicycle storage further enhance the lifestyle of this warm, social community. Inside, more than 1,400 square feet of thoughtfully designed living space showcases a spacious kitchen with granite countertops, SS appliances, and a breakfast bar and nook ideal for casual dining or gathering with friends. The open great-room layout features soaring ceilings that fill the home with natural light and frame the captivating bayfront scenery. The primary suite offers its own private terrace overlooking the shimmering water—perfect for quiet mornings or evening breezes. A guest suite on the main level ensures comfort and privacy, while a charming spiral staircase leads to a versatile loft and a spacious third bedroom suite—ideal for hosting visitors, working remotely, or enjoying a dedicated creative space. Terra cotta tile flooring throughout the first level brings warmth and coastal character, while Tommy Bahama inspired finishes make this turnkey furnished residence with a NEW AC (Aug 2026) truly move-in-ready. Beyond the community, you’ll find yourself within walking-distance to restaurants and the Centre Shops. Durante Park and the Longboat Key Center for the Arts are just moments away, adding convenience and charm to the neighborhood. Discover the rare combination of lifestyle, location, and waterfront living that only Banyan Bay can offer—where every day feels like a coastal escape.

Features

InteriorCathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
FlooringCarpet, Ceramic Tile
LaundryInside
WindowsWindow Treatments
ExteriorOutdoor Grill, Tennis Court(s)
Patio and porchCovered, Deck, Patio, Porch, Screened
PoolGunite, Heated, In Ground, Lighting, Tile
ViewWater
WaterfrontBay/Harbor
Body of waterSARASOTA BAY
ParkingAssigned
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
StyleContemporary
LevelsTwo
FacesWest
HeatingCentral, Electric
CoolingCentral Air
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected
SewerPublic Sewer
WaterPublic
CommunityAssociation Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
Association amenitiesFitness Center, Pickleball Court(s), Recreation Facilities, Storage, Tennis Court(s)
HOA fee includesCommon Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
PetsYes
FurnishedTurnkey
Sale conditionsNone
Elementary schoolAnna Maria Elementary
Middle schoolMartha B. King Middle
High schoolBayshore High
CountyManatee

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Listing courtesy of MICHAEL SAUNDERS & COMPANY, 941-907-9595 (Beth Ann Boyer). Stellar MLS via MLS GRID.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This 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. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].