3240 GULF OF MEXICO DRIVE B504 Longboat Key, FL $ 700,000
3240 GULF OF MEXICO DRIVE B504
$ 700,000
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3240 GULF OF MEXICO DRIVE B504

Longboat Key, FL, 34228
$ 700,000
Bedrooms2 Baths2.0 Sq 1,210

Monthly Estimate*

$ 4,420

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Condo for sale in Longboat Key, FL

for $700,000 with 2 bedrooms and 2 full baths. This 1,210 square foot condo was built in 1975.

Welcome to Portobello, a Gulf to Bay community on mid Longboat Key where residents enjoy their own private beach access just across the street and a bayside dock right outside the door. This beautifully remodeled, turnkey furnished fifth floor condo overlooks the quiet waters of Cranes Bayou, positioned to catch soft morning light while the terrace stays comfortably shaded through the afternoon. Inside, the open floor plan is filled with natural light and finished with new laminate wood flooring, crown molding, plantation shutters, and new light fixtures throughout. The updated kitchen offers stainless steel appliances, custom white cabinetry with crown molding, under cabinet lighting, and a breakfast bar that opens to the dining area. The split bedroom layout is ideal for hosting guests. The oversized primary suite features its own water views, space for a king sized bed, an oversized walk in closet, and an en suite bath with a smart split sink and shower design, while the equally spacious second bedroom sits beside a fully updated second bath. A sleeper sofa in the living room allows the condo to comfortably sleep six, and an in unit washer and dryer adds everyday convenience. The full length screened terrace spans the entire width of the unit and is accessible through new impact sliding doors from the living room and both bedrooms, so the water view follows you from room to room. Portobello's amenities complete the picture. Residents enjoy a heated pool with tennis courts, a fully renovated recreation room, kayak and canoe storage with a launch area, and a dock and walkway for fishing or docking your boat for up to two days. A bayside picnic area with a gas grill and umbrella tables sits near the kayak launch, perfect for sunset cookouts by the water. Just across the street, Portobello's private beach access puts the Gulf and its sugar sand shoreline a short stroll from your door, complete with a beach shower for rinsing off after a day in the sand. Each unit has its own extra ground floor storage locker, and the freshly painted, recently inspected building is centered on a lush tropical courtyard with a fountain, surrounded by beautifully landscaped grounds with paver parking. Condominium fees include water, sewer, trash, and basic cable. You are also just moments from everyday shopping and convenience at the Shoppes of Bay Isles, home to a Publix, CVS, and more, all without ever leaving the island, while St. Armands Circle and downtown Sarasota are an easy drive down the Key. With upgraded windows and doors, furnishings, appliances, and modern baths already in place, this is a Longboat Key retreat ready to enjoy from the very first day. Come experience it for yourself. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**

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Condo Active

Price

$ 700,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 8,079

Style

Condominium

Year Built

1975

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4702237

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Available Public Sewer Available Water Available
Roof Built-Up
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Zoning R4MX
Association Fee Includes Cable TV Common Area Taxes Community Pool Escrow Reserves Fund Insurance Internet Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Sewer Trash Water
Patio/Porch Features Patio Screened
Pool Features In Ground
Security Features Smoke Detector(s)
Construction Materials Concrete Stucco
Pets Allowed No
Year Built 1975
View Trees/Woods Water
Levels One
Unit Number B504
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front Waterfront Bay/Harbor Bayou Intracoastal Waterway
Community Features Bay/Harbor Front Boat Slip Dock Intracoastal Waterway Water Access Waterfront Association Recreation - Owned Buyer Approval Required Clubhouse Community Mailbox Deed Restrictions Pool Tennis Court(s)
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Maintenance Pickleball Court(s) Pool Tennis Court(s)
Attached Garage false
Subdivision Name PORTOBELLO
Facing Direction Southwest
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions From I75 take Fruitville Rd. West. At the circle take Rte 41 south. At the next circle take a right on John Ringling Causway. At the circle in St. Armands take a right on N. Blvd of the Presidents which becomes Gulf of Mexico Dr. Community in on the right.
High School Booker High
City LONGBOAT KEY
Association Name Lighthouse Prop Mgmt David Novak
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 8079.37
Middle/Junior High School Booker Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://my.matterport.com/show/?m=hLogn54uJMS
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot B504
Legal Description UNIT B504 BLDG B PORTOBELLO
Water View Bay/Harbor - Full Bayou Intracoastal Waterway
Water Access Type Bay/Harbor Bayou Beach - Access Deeded Gulf/Ocean to Bay Intracoastal Waterway
Minimum Lease 1 Month
Water Access Y/N true
Monthly Condo Fee Amount 1625
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding Living Room/Dining Room Combo Open Floorplan Split Bedroom Stone Counters Thermostat Walk-In Closet(s) Window Treatments
Flooring Laminate Tile
Furnished Y/N Furnished
Total Stories 5
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Closet
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Balcony Courtyard Lighting Sliding Doors Storage
Vegetation Mature Landscaping
Parking Features Assigned Guest
Lot Features City Lot Sidewalk
Water Source Public
Foundation Details Stilt/On Piling
Building Area Total 1372
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Road Frontage Type Street Paved
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* Excluded Features
List By
Kw Coastal Living Iii

Broker

Toni@ZarghamiGroup.com

Email

Affordability Calculator

$5,093
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,420
Monthly Property Taxes
$673
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Booker High High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$700,000 Listed Price

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3240 GULF OF MEXICO DRIVE B504, Longboat Key, FL, 34228 is a Condo for sale at $700,000 with 1,210 sqft. 3240 GULF OF MEXICO DRIVE B504 has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 34228 which is in Longboat Key, FL