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
$424,000
2850 Gulf Of Mexico Dr APT 5, Longboat Key, FL 34228
1beds
657sqft
Est.:
Condominium
Built in 1967
-- sqft lot
$-- Zestimate®
$645/sqft
$500/mo HOA
What's special
Public beach accessSpacious bedroomGround-floor unitBright open living spaceTile flooringWalk-in closet
- 2 days
- on Zillow |
- 110 |
- 6 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 08:08am
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
Open house
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: $645/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
- Loading
- Loading