4500 Gulf Of Mexico Dr, #305, Longboat Key, FL, 34228 | $725,000

Step into this beautifully and recently updated 2 bedroom 2 bath condo and enjoy unobstructed bay views over the marina and mangrove islands in the sought-after community of Windward Bay on Longboat Key. This is being sold turnkey furnished with a few exceptions. The third-floor location offers stunning panoramic views from every room. Recent updates include an updated kitchen with bar seating, freshly painted walls, a low-profile built-in electric fireplace, an updated master bath with a walk-in closet, new LVP floors, new carpet, and a newer HVAC unit. Additional features include an inside-unit washer and dryer. This condo is ready for you! Each residence comes with a dedicated covered parking spot under the building and an individual direct-access storage closet. There are many great amenities to enjoy, including multiple pools, a fitness facility, a sauna, tennis, pickleball, shuffleboard, clubhouse, outdoor grills and fire pits, walking trails, kayaks and paddleboards, storage, and two marinas with boat slips (current waiting list). Windward Bay boasts 26 acres of natural grounds, mature tropical foliage, walking trails, water access, and convenient multiple beach access points. The community is also pet-friendly, even for larger dogs. Start each day with an amazing sunrise in your very own slice of paradise! The required Milestone Inspection Phase I and structural integrity reserve study have both been completed!

Features

  • Elevator: Y
  • Heating: Zoned
  • Cooling: Zoned
  • Levels: 4
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Pickleball Court(s), Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: WINDWARD BAY AMD
  • Year Built: 1975
  • Approx Sq. Feet: 1,312
  • Acreage: 21.13
  • Est. Taxes: $7,665
  • Condo Fee: $1,332 Monthly
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4638669
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/A4638669/4500gulfofmexicodr_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 3/28/2025 3:47:07 PM)
Listing courtesy of Compass Florida LLC   Phone: 305-851-2820

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4500 Gulf Of Mexico Dr, #305, Longboat Key, FL, 34228

$725,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.949% 7.017% 6.034%
Monthly Tax Payment $639 $639 $639
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,571 $3,810 $4,816
Total Monthly Payment $4,302 $4,541 $5,547

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.