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$5,350,000
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Property Description
Step right into the epitome of Florida beachfront luxury with this stunning first-floor Capri unit on Longboat Key. Nestled within the exclusive Positano community-an intimate 10-acre oasis of just 29 residences-this condo offers a seamless walkout straight to the pristine beach and the azure waters of the Gulf of Mexico. This is Florida living at its finest. The condo features a fantastic wrap-around terrace on the Gulf side, perfect for soaking in the outdoor splendor from morning coffee to sunset cocktails. The primary suite offers direct steps down to the private community pool, while additional terraces off the secondary bedrooms ensure both privacy and gorgeous views. Spanning a generous 3,343 square feet, this true three-bedroom, all en-suite residence boasts a Gulf-front gourmet kitchen with state-of-the-art appliances, an adjacent family gathering area, and an open-plan flow from the living room to the dining space. Floor-to-ceiling windows frame dramatic views of the Gulf and the beach, while beautiful porcelain tile floors, 10-foot ceilings, and crown molding add to the sense of refined elegance. You'll enjoy the convenience of a private, enclosed two-car garage and the exceptional amenities of the owner's club, including a state-of-the-art fitness center, catering kitchen, and a lounge with a fireplace, plasma TV, and surround sound. Outdoors, there's a 75-foot Olympic pool, spa, grilling area, and shaded cabanas, all set amidst lush tropical landscaping. Truly, this condo is as close to the beach as it gets on Longboat Key.
Full Property Details
Full Property Details for 4995 Gulf of Mexico Dr #500
General
- Sold For: $5,350,000
- HOA FEE: $7,263/month
- HOA FEE FREQ.: Quarterly
- Taxes: $47,518 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4677613
- Added to Site: 218 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
- Furnishings: Negotiable
- Flooring: Carpet, Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground
- Spa Description: Heated, In Ground
- Security/Safety: Fire Alarm, Gated Community, Key Card Entry, Security Gate, Security System, Security System Owned
Exterior
- Exterior Features: Balcony, Courtyard
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34228 - Longboat Key
- County: Manatee
- Development Name: 34228 - Longboat Key
- Subdivision: POSITANO
- Driving Directions: Gulf of Mexico to 4900 block
- Direction Faces: West
Community
- Community Name: 34228 - Longboat Key
- Community Features: Community Mailbox, Fitness Center, Gated Community - Guard, Pool
- Association: Yes
- Assoc. Name: Teal White
- Assoc. Fees Include: 24-Hour Guard
- Number of Pets: 2
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected
Structural Information
- Exterior Const.: Block
- Roof: Other
- Stories/Levels: One
- Square Feet: 3,344
- Sq. Ft. Source: Public Records
- Living Area: 3,344 Sq. Ft.
- Year Built: 2007
Lot Features
- Lot Size (Acres): 10.93
- Lot Size (Sq. Ft.): 476,011
- Lot Size: 10.9277
- Street/Road Desc.: Brick
Water Features
- Water Access: Yes
- Water Access Desc: Beach
Financial Considerations
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Condo Fee: $21,790
- Condo Fee Freq: Quarterly
- Tax Amount: $47,518.52
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 500 BLDG 5 POSITANO A CONDO; TOGETHER WITH GARAGE NO 500 PI#80097.0135/9
- Flood Zone Info: Ae
- APN: 8009701359
- Property ID: 8009701359
Listed by Developers Realty Lbk, Inc
Sold by Fine Properties
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Schools
Schools serving 4995 Gulf of Mexico Dr #500
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Anna Maria Elementary School 4700 Gulf Drive, Holmes Beach, FL 34217 | PK-5 | 7.8 mi |
Martha B. King Middle School 600 75th Street Northwest, Bradenton, FL 34209 | 6-8 | 7 mi |
Bayshore High School 5401 34th Street West, Bradenton, FL 34210 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4995 Gulf of Mexico Dr #500
Date
Details
Price
Change
Source
8/07/2026
Sold
$5,350,000
-6.06%
MLS
5/11/2026
Price Reduced
$5,695,000
-3.39%
MLS
4/13/2026
Price Reduced
$5,895,000
-5.68%
MLS
2/23/2026
Price Reduced
$6,250,000
-3.77%
MLS
1/13/2026
Listed
$6,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4995 Gulf Of Mexico Drive #500, Longboat Key, FL 34228 (MLS# A4677613) is a Condo property that was sold at $5,350,000 on August 07, 2026. Want to learn more about 4995 Gulf Of Mexico Drive #500? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.

