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.
For sale
Price cut: $10K (8/15)
$414,000
2850 Gulf Of Mexico Dr APT 5, Longboat Key, FL 34228
1beds
657sqft
Est.:
Condominium
Built in 1967
-- sqft lot
$-- Zestimate®
$630/sqft
$500/mo HOA
What's special
Public beach accessSpacious bedroomGround-floor unitBright open living spaceTile flooringWalk-in closet
- 25 days
- on Zillow |
- 337 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 07:37am
Listing Provided by:
Eddie Campbell 941-914-8776,
MICHAEL SAUNDERS & COMPANY 941-383-7591
Source: Stellar MLS,MLS#: A4660349
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Storage Rooms
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Common Area, Inside
Features
- Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
- Flooring: Tile
- Doors: Sliding Doors
- Windows: Insulated Windows, Shutters, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 700
- Total interior livable area: 657 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Common
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Waterfront features: Beach Access
Details
- Parcel number: 0005164005
- Zoning: R2SF
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Built-Up
Condition
- Completed
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Public, Street Lights, Water Available, Water Connected
Community & HOA
Community
- Features: Community Mailbox
- Security: Smoke Detector(s), Touchless Entry
- Subdivision: NEPTUNE ON LONGBOAT KEY
HOA
- Has HOA: Yes
- Services included: Common Area Taxes, Electricity, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Trash, Water
- HOA fee: $500 monthly
- HOA name: Rachel Brown
- HOA phone: 863-608-0814
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $630/sqft
- Tax assessed value: $341,400
- Annual tax amount: $4,361
- Date on market: 7/31/2025
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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