4500 Gulf Of Mexico Drive Unit 203, Longboat Key, FL 34228

$400,000
2
BD
2
BA
1,325
SqFt

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Sold Price
$400,000
List Price
$420,000
Status
SOLD
MLS#
A4701849
Closing Date
Aug 02, 2026
Bedrooms
2
Bathrooms
2
Living Area
1,325
Subdivision
Windward Bay

Property Description

Calling All Remodelers, Investors & Visionaries! Outstanding Value and a unique opportunity to reimagine a stunning coastal residence exactly as you envision it. Opportunity awaits in this Windward Bay 2-bedroom, 2-bath residence offering 1,325 square feet in one of Longboat Key's most desirable coastal communities. The kitchen and bathrooms are preserved in their original 1975 condition, an exciting opportunity to transform a time capsule into a showplace. Properties offering this level of renovation potential on Longboat Key are increasingly difficult to find. Roll up your sleeves and reap the rewards. A rare chance to create a completely personalized island retreat, a true blank canvas for a buyer with imagination and ambition. The floor plan offers excellent potential for a stunning modern transformation. With strong bones, generous living spaces, and an exceptional island location, this property is ready for its next chapter. For buyers who see potential where others see projects, this is your chance to renovate, redesign, and customize every finish to your exact vision. Located in pet-friendly Windward Bay, where two pets are welcome, this community offers the best of Longboat Key Coastal Dream Living. Community Highlights: Enjoy three beach access points (including one private), 26 acres of lush tropical surroundings including ½ mile of nature trails, two heated pools for year-round enjoyment, fitness center and sauna, clubhouse for social gatherings, tennis and pickleball courts, boat docks (waitlist) and kayak launches for water enthusiasts, covered parking and storage. With convenient access to Downtown Sarasota, St. Armands Circle, championship golf courses, renowned restaurants, shopping destinations, and vibrant cultural attractions, you'll never have a shortage of entertainment options. Whether you're an investor seeking your next renovation project or a buyer eager to create a dream island getaway from the ground up, this condominium offers exceptional value, unlimited design potential, and the chance to secure a coveted Longboat Key lifestyle at an attractive price point, exceptional value and long-term upside. Bring your imagination and discover what this hidden gem can become.

Additional Information

Amenity/Rec Fee
Boat slips are first come, upon closing contact management to be placed on waiting list. Slip with lift $60, Slip without lift $55 per month. Community laundry pay per load. Kayak storage $45 per year.
Year Built
1975
Construction
Metal Frame, Stucco
Living Area
1,325
Acres
26.67
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
Amenities
Clubhouse, Elevators, Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Storage, Tennis Court(s), Trail(s)
Cooling
Central Air
Heating
Electric
Parking
Assigned, Covered, Ground Level, Guest
Garage Spaces
1
Garage Description
1 Car Garage
Exterior Features
Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sprinkler Metered, Storage, Tennis Court(s)
View
Water
Waterfront
Yes
Waterfront Description
Bay/Harbor, Intracoastal Waterway, Marina in Community
Water
Boatable Water, Bay View, Bay Front, Marina, Beach View, Beach Access
Sewer
Public Sewer
Pool Description
Child Safety Fence, Heated, In Ground, Outside Bath Access
Stories
4
Pets
Yes

Listing courtesy of COLDWELL BANKER REALTY. Selling Office: COLDWELL BANKER REALTY.

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