Residential Property - Condominium in Longboat Key
Listing Price: $424,000 (Mortgage Calculator →)
Description of Property
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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Sarasota
Subdivision: Neptune On Longboat Key
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 700
Sq. Ft. Living Area: 657
Cost per (heated) sqare foot: $645
Year built: 1967
Annual Tax: $4,361
Condo Fee: $1,500 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Washer
Window Features: Shutters
Additional Rooms: Storage Rooms
Flooring: Tile
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Water Access: Yes
Water Access Type: Beach
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Built-Up
Exterior Features: Sliding Doors
Carport Spaces: 2
Parking Features: Common
Floors Total: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features: Touchless Entry
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Community Mailbox
Lot Information
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0005164005
Zoning: R2SF
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: 5, Neptune on Longboat Key
Section: 7
Range: 17
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.