LONGBOAT KEY, FL 34228 2850 GULF OF MEXICO DR 5

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Presented By: MICHAEL SAUNDERS & COMPANY with 941-383-7591. - 941-383-7591
  • MLS# A4660349
  • 07/31/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 657

Home Details

Turnkey Vacation Getaway or Smart Investment Opportunity! Own your slice of paradise on Longboat Key with this charming 1-bedroom, 1-bath condo located at 2850 Gulf of Mexico Dr Unit 5. Just directly across from public beach access, this 657 sq ft ground-floor unit is 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.
Presented By: MICHAEL SAUNDERS & COMPANY with 941-383-7591. - 941-383-7591

Interior Features for 2850 GULF OF MEXICO DR 5

Bedrooms

Total Bedrooms1

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Interior AmenitiesCrown Molding, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Laundry FeaturesCommon Area, Inside
Total Stories2
Window FeaturesInsulated Windows, Shutters

General for 2850 GULF OF MEXICO DR 5

Additional Parcels Y/NNo
Additional RoomsStorage Rooms
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Association Fee IncludesCommon Area Taxes, Electricity, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Trash, Water
Association NameRachel Brown
Attached Garage No
Building Area UnitsSquare Feet
Carport Spaces2
Carport Y/NNo
CityLONGBOAT KEY
Community FeaturesCommunity Mailbox
Construction MaterialsBlock
CoolingCentral Air
CountySarasota
DirectionsFrom St. Armands Circle, head north on Gulf of Mexico Drive (SR 789) Continue approximately 7 miles. Property is on the right, just past the Publix shopping center and the Longboat Key Library.
DockY/NNo
Elementary SchoolSouthside Elementary
Facing DirectionEast
Flood Zone CodeAE
Full Baths1
Garage Y/NNo
HOA Monthly Maintenance
HeatingElectric
High SchoolBooker High
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description5, Neptune on Longboat Key
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet
MLS Area34228 - Longboat Key
Middle/Junior High SchoolBooker Middle
Minimum Lease1 Month
Monthly Condo Fee Amount500
New ConstructionNo
Occupancy TypeOwner
OwnershipCondominium
Pets AllowedCats OK, Dogs OK, Yes
Property Attached Y/NNo
Property ConditionCompleted
Property SubtypeCondominium
Property TypeResidential
RoofBuilt-Up
STELLAR_InLawSuiteYNNo
Security FeaturesSmoke Detector(s), Touchless Entry
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNEPTUNE ON LONGBOAT KEY
Tax Annual Amount4361
Tax Lot0
Tax Year2024
Total Rooms3
Unit Number5
UtilitiesElectricity Available, Electricity Connected, Public, Street Lights, Water Available, Water Connected
Virtual TourClick here
Water Access TypeBeach
Water Access Y/NYes
Water View Y/NNo
Year Built1967
ZoningR2SF

Exterior for 2850 GULF OF MEXICO DR 5

Building Area Total700
Covered Spaces2
Exterior AmenitiesSliding Doors
Foundation DetailsSlab
Lot Size Acres
Parking FeaturesCommon
Private PoolNo
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $398,000
MLS#A4660349
List Date 07/31/2025
Property Type Condos
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