$1,550,000
3040 Grand Bay Boulevard
Longboat Key, FL 34228
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Beautifully positioned within Grand Bay on Longboat Key, this 2-bedroom + den residence offers 2,550 sq ft of light-filled living with a private elevator opening directly into the home. Expansive Sarasota Bay views, two generous terraces, and seamless indoor–outdoor flow create an ideal setting for sunsets, bay breezes, and relaxed coastal living. Set behind the gated Bay Isles entrance, residents enjoy resort-style amenities, deeded beach access, and a lifestyle defined by location, comfort, and waterfront elegance. The spacious primary suite offers a tranquil retreat with direct terrace access, peaceful water views, a large walk-in closet, and a spa-like bath featuring dual vanities, a soaking tub, and a walk-in shower. The generous kitchen featuring a Sub-Zero refrigerator and causal eat-in dining, den, and guest suite each open to a second terrace that overlooks Bay Isles’ beautifully landscaped grounds and tennis courts. The den offers versatility for a home office or additional living space, while the guest suite features an en-suite bath and private access to the expansive terrace. A dedicated wine and storage room adds a thoughtful layer of convenience and elegance, blending seamlessly into the home’s well-planned layout. Grand Bay residents enjoy an array of resort-style amenities, including two pools, a fitness center, tennis courts, a clubhouse, and deeded beach access through the Bay Isles Beach Club. Set behind the secure gates of Bay Isles, this residence offers the perfect blend of space, privacy, and the coveted Longboat Key lifestyle.
Local Insight
At $608/sqft for a 1996 waterfront unit in Grand Bay, you're paying a premium for bay access and no HOA, but the AE flood zone is a serious consideration—factor in mandatory flood insurance costs and potential future elevation requirements before committing. The 2-bed/4-bath split suggests this was designed as a rental investment or second home rather than a primary residence, so resale appeal depends heavily on whether you're buying for personal use or cash flow.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history70 days on market
- Status: ActiveJan 20, 2026
- Listed$1,550,000Jan 20, 2026
- Price increased$1,550,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 70
- Subdivision
- Grand Bay 2
- County
- Sarasota
- Year built
- 1996
- Living area
- 2,550 sq ft
- Price/sq ft
- $608
- Building area
- 3,248 sq ft (Public Records)
- Flood zone
- AE (12115C0038G)
- Garage
- 1 spaces
- Annual taxes
- $8,474 (2025)
- Parcel #
- 0004151003
- Zoning
- MUC1
- MLS #
- A4678941
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
- Parking features
- Guest, Basement
HOA & Financial
- Total monthly fees
- $2,701/mo
- Total annual fees
- $32,410
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See documents.
- Approval process
- See documents.
Exterior & Construction
- Exterior features
- Balcony, Lighting, Sidewalk, Sliding Doors, Tennis Court(s)
- Construction materials
- Concrete, Stucco
- Roof
- Other
- Foundation
- Pillar/Post/Pier
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Dining Room | First | 18x18 |
| Family Room | First | 11x18 |
| Kitchen | First | 12x13 |
| Living Room | First | 19x22 |
| Primary Bedroom | First | 18x18 |
| Bedroom 2 | First | 12x15 |
Listing Details
- Listing date
- 2026-01-20
- On market date
- 2026-01-20
- Original list price
- $1,550,000
- Occupant type
- Owner
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-20
- Tax legal description
- UNIT 213 BLDG 2 GRAND BAY 2
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head northwest on St Armands Cir toward John Ringling Blvd, Continue onto John Ringling Pkwy, Continue onto Gulf of Mexico Dr, Turn right onto Bay Isles Pkwy. Turn left onto Harbourside Dr, Turn right onto Fair Oaks Ln, Fair Oaks Ln turns right and becomes Grand Bay Blvd. Guard will provide additional instructions.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of March 31, 2026 at 12:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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