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$499,000
$693/sqft19% reduced
HOA: $3,000/quTaxes: $6,784/yr227d on market

Covert

5231 GULF OF MEXICO DR #104, LONGBOAT KEY, FL, 34228

View all homes for sale in Covert
1 Beds|1 Baths|720 Sq Ft|Built 1973

Key Features

Gulf AccessWater ViewSingle Story
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Golf Course
Feature
Near Golf Course
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 19% ($116,000 off original)
  • 227+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

Have you dreamed of the perfect island getaway situated right on a gorgeous stretch of beach on Longboat Key? This is by far the lowest priced direct beachfront condo on the entire island and it is already completely updated! Whether you decide to use it yourself or use it as an investment with outstanding monthly rental income availability, this is the one. With a fabulous ground floor location, you can have your toes in the sand in only a few steps! This condo offers Italian porcelain tile throughout and a completely new kitchen with beautiful counter tops, all new cabinets and new appliances. The bathroom has been beautifully updated as well and features custom tile work in a seaside theme. The view is fabulous in either direction with the sparkling pool out front and the gorgeous Gulf of Mexico out back. The open living and dining area allows plenty of space to entertain or to quietly contemplate whether it’s a beach day, a day for a soak in the pool or a walk to the Covert bayside fishing pier. The bedroom offers the same stunning beach view and features storm rated sliders to the screened in lanai. The midkey location allows for easy access to multiple restaurants and shopping. The tree filled mangrove trails of Joan Durante Park are a birders’ paradise and the 12 mile long bike path give you many options to soak in the sun while getting in your daily exercise. This is island living at its best at a price you may never thought you could find!

Subdivision
COVERT II
County
Manatee
Zip Code
34228

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Condominium
Living Area
720 sqft
Construction
Stucco
Roof
Built-up
Flooring
Tile
Pool
No
HOA
$3,000 / Quarterly
  • Elevator
  • Kitchen/family Room Combo
  • Living Room/dining Room Combo
  • Primary Bedroom Main Floor
  • Lighting
  • Outdoor Shower
  • Dishwasher
  • Range
  • Refrigerator
  • Inside
  • Covered
  • Rear Porch
  • Screened
  • Floodzone
  • City Limits
  • In County
  • Landscaped
  • Near Golf Course
  • Near Marina
  • Near Public Transit
  • Cable Connected
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected
  • Pool
  • Street Lights
  • Gulf/ocean Front
  • Cable Tv
  • Common Area Taxes
  • Pest Control
  • Pool
Bedrooms
1
Bathrooms
1
Year Built
1973
Construction
Stucco
Flooring
Tile
Roof
Built-up
Garage Spaces
0
Cooling
Central Air
Heating
Central
Waterfront
Yes
Pet Restrictions
No
Lot Size
0 acres
Senior Community
No
Building Elevator
Yes
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$6,784

Association Fees

  • HOA Fee

    $3,000/ Quarterly

Down Payment20% — $99,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$2,523
HOA Fee
$1,000
Est. Property Tax
$565
Est. Insurance
$166
Total Est. Monthly Cost$4,255

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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