4235 GULF OF MEXICO DRIVE T101 Longboat Key, FL $ 825,000
4235 GULF OF MEXICO DRIVE T101
$ 825,000
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4235 GULF OF MEXICO DRIVE T101

Longboat Key, FL, 34228
$ 825,000
Bedrooms1 Baths1.0 Sq 720

Monthly Estimate*

$ 5,080

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Condo for sale in Longboat Key, FL

for $825,000 with 1 bedroom and 1 full bath. This 720 square foot condo was built in 1973 on a lot size of 2.03.

Turnkey furnished and direct Gulf-front, this exceptional ground-floor residence at Turtle Crawl Inn on Longboat Key offers both effortless beachfront living and remarkable, documented rental performance. Residence T-101 has averaged a yearly gross rental income of approximately $90,000 over the past three years, making it a compelling opportunity for investors, seasonal owners, or those seeking a flexible coastal retreat with established returns. Positioned directly on the sand, this rare walk-out Gulf-front residence features a private patio just steps from the turquoise waters of the Gulf of Mexico—ideal for enjoying sunset views over the shoreline. The professionally designed interior blends coastal comfort with modern updates, featuring imported contemporary porcelain flooring from Italy throughout the open layout. The kitchen offers updated cabinetry, stone countertops, white appliances, and a seamless connection to the living and dining areas—perfect for relaxed beachside living or hosting guests. Impact windows with plantation shutters and impact glass sliders enhance peace of mind while filling the space with natural light. The spacious bedroom accommodates guests comfortably, while the completely updated bathroom (2021) showcases clean, timeless finishes. Step outside to the travertine-tiled Gulf-front patio, your private vantage point overlooking the beach, dunes, and horizon—an amenity highly valued by renters and owners alike. Turtle Crawl Inn is known for its laid-back resort atmosphere and strong rental appeal, offering a heated swimming pool, beachside cabanas, gas grilling stations, picnic areas, fishing opportunities, a putting green, shuffleboard courts, and deeded beach access. Flexible rental options make this community especially attractive for income-focused ownership. Located on the desirable mid-island stretch of Longboat Key, the property is minutes from waterfront dining, marinas, Bayfront Park, Joan M. Durante Park, and boating access. Anna Maria Island lies just to the north, while St. Armands Circle and downtown Sarasota’s shopping, dining, and cultural attractions are a short drive south. Whether you’re seeking a high-performing income property, a personal beachfront escape, or a blend of both, this Gulf-front residence delivers proven rental history, prime location, and direct beach access—a rare combination on Longboat Key.

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Condo Active

Price

$ 825,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 7,926

Style

Condominium

Lot Size

2.03

Year Built

1973

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4673158

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Connected Phone Available Public Sewer Connected Underground Utilities Water Connected
Roof Built-Up
Appliances Disposal Microwave Range Refrigerator
Zoning T6
Association Fee Includes Cable TV Escrow Reserves Fund Insurance Internet Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Recreational Facilities Sewer Trash Water
Patio/Porch Features Deck Rear Porch
Pool Features Child Safety Fence Deck Gunite In Ground
Construction Materials Stucco
Pets Allowed No
Year Built 1973
View Water
Levels One
Unit Number T101
Property Subtype Condominium
Tax Year 2024
Ownership Condominium
Waterfront Features Gulf/Ocean Front Waterfront Beach Gulf/Ocean
Community Features Gulf/Ocean Front Water Access Waterfront Buyer Approval Required Community Mailbox Pool
Assoc Fee Paid Per Monthly
County Manatee
New Construction false
Property Type Residential
Association Amenities Cable TV Elevator(s) Laundry Maintenance Recreation Facilities Vehicle Restrictions
Subdivision Name TURTLE CRAWL SEC 36 TOWNSHIP 35S RANGE 16E
Facing Direction East
Garage Y/N false
Total Rooms 7
Full Baths 1
Status Active
Directions Gulf of Mexico Dr to 4000 block. West turn into community. Building 3 is in the back next to the pool.
City LONGBOAT KEY
Association Name JOHN YILMA
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Units Acres
Lot Size Square Feet 88240
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 7926
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/video/41106/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot T101
Legal Description UNIT T-101 TURTLE CRAWL A CONDO PI#80209.0055/9
Water View Beach Gulf/Ocean - Full
Water Access Type Beach Beach - Access Deeded Gulf/Ocean
Minimum Lease 1-7 Days
Water Access Y/N true
Monthly Condo Fee Amount 1292
HOA Monthly Maintenance 0
Additional Rooms Great Room
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Living Room/Dining Room Combo Open Floorplan Solid Wood Cabinets Stone Counters Window Treatments
Flooring Porcelain Tile
Furnished Y/N Furnished
Total Stories 5
Common Walls Corner Unit End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Shutters Storm Window(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area Upper Level
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Irrigation System Lighting Outdoor Grill Outdoor Shower Sidewalk Sliding Doors
Vegetation Mature Landscaping Trees/Landscaped
Parking Features Guest
Lot Features FloodZone In County Landscaped Near Golf Course Near Marina
Water Source Public
Lot Size Area 2.0257
Foundation Details Slab
Spa false
Building Area Total 839
Lot Size Acres 2.03
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Professionals@Pettingell.com

Email

Affordability Calculator

$5,740
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$825,000 -7.82% Price Down
12/19/2025$895,000 Listed Price

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4235 GULF OF MEXICO DRIVE T101, Longboat Key, FL, 34228 is a Condo for sale at $825,000 with 720 sqft and a lot size of 2.03. 4235 GULF OF MEXICO DRIVE T101 has 1 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 34228 which is in Longboat Key, FL