2850 Gulf Of Mexico Drive #5, Longboat Key, FL 34228

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Sold

Sold $304,000

Closed Sep 29, 2026 · Last asking price $324,000

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4691701 · Listed April 29, 2026

Buyer's brokerage: COASTAL CONNECTION REALTY

1Beds
1Baths
657Sq ft
1967Built

Ask George what yours is worth Call Text

About this home

A renovated condo directly across from public beach access under $350,000. on Longboat Key? This is the one you've been looking for! Perfectly positioned for both personal enjoyment and strong rental income potential. Whether you're seeking a low-maintenance vacation escape or an income-generating property, this location checks all the boxes. Walk across the street to watch sunset on the sand, then stroll to Publix, Bayfront Park's tennis & pickleball courts, the library, or one of the island’s cozy dining spots. Everything your guests—or you—could want is right at your doorstep. The unit features a bright, open living space with tile flooring, a spacious bedroom, walk-in closet and parking. The well-maintained community offers low HOA fees and a relaxing island vibe that keeps guests coming back. Don’t miss out on this rare opportunity to own on Longboat Key—whether you're investing in your future or your lifestyle.

Details

Condominium
Type
1967
Year built
$4,601/yr
Property tax
AE
Flood zone

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 657 sq ft
Stories: 2
Furnished: Turnkey
Flooring: Tile

Features

Crown Molding
Open Floorplan
Primary Bedroom Main Floor
Walk-In Closet(s)
Window Treatments

Laundry

Common Area
Inside

Windows

Insulated Windows
Shutters

Exterior & lot

Lot dimensions: 0
Roof: Built-Up
Construction: Block

Patio & porch

Porch
Screened

Lot

FloodZone
City Limits
In County
Near Golf Course
Near Marina
Near Public Transit

Parking

Common

Community & HOA

Community: Neptune On Longboat Key
Subdivision: Neptune On Longboat Key
County: Sarasota

HOA fee includes

Common Area Taxes
Electricity
Escrow Reserves Fund
Insurance
Maintenance Structure
Maintenance Grounds
Maintenance
Management
Pest Control
Trash
Water

Community

Street Lights

Show all details (Appliances · Costs & building · Utilities & land) ›

Appliances

Built-In Oven
Cooktop
Dishwasher
Electric Water Heater
Freezer
Ice Maker
Microwave
Refrigerator
Washer

Costs & building

Property tax: $4,601 (2025)
Flood zone: AE
Price per sq ft: $493
Year built: 1967
Heating: Electric
Cooling: Central Air

Security

Smoke Detector(s)
Touchless Entry

Utilities & land

Zoning: R2SF
Water: Public
Sewer: Public Sewer
Road: Asphalt

Utilities

Electricity Available
Electricity Connected
Public
Water Available
Water Connected

Location

2850 GULF OF MEXICO DR #5

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