3240 Gulf Of Mexico Drive, FL
Stellar MLS

$895,000

3240 Gulf Of Mexico Drive

Longboat Key, FL 34228

Active
2
Beds
2
Baths
1,505
Sq Ft
0
Acres
1975
Built
WaterfrontWater access$595/sqft
Condominium

Property type

1975

Year built

$595

Price / sq ft

No HOA

HOA dues

39

Days on market

VE

Flood zone

About this home

TURNKEY Furnished Portobello condo with Deeded Beach Access! TWO Balconies with Sunsets AND Sunrises included! Enjoy Beach and Bayou water access! Rarely available end unit with two balconies and lots of privacy and natural lighting. The front open balcony has unobstructed Gulf views whilst the rear balcony is glassed in with sliders/screens and faces the Bayou. This 4th Floor condo has elevator access, 1 owners storage locker, ample in unit storage and 1 assigned parking space. Condo fee includes Water, Sewer, Trash, Cable/Internet, Pest Control, on site Maintenance and Exterior Insurance. Well established social community with Community Pool, Clubhouse, Tennis Courts, Kayak storage/launch, Fishing Pier, BBQ area and ELEVATED mature landscaping. This spacious floorplan is one of the larger floorpans in the community providing you with list and bright spaces, tons of closet space and even a bonus study/den area to use as you please! Stacked Washer/Dryer located near the hallway 2nd Bathroom which has been renovated. Beautifully upgraded Kitchen with high quality cabinetry and 4 storage closets for all your pantry, cleaning and large cooking items. The Primary Bedroom has the most wonderful private bayou water views! Attached en suite full bathroom with lots of counter space. Secondary bedroom has its own separate balcony entrance. This community is located a short drive away from Publix, CVS, banks, Post office, nail salons and Golfing! New development nearby is bringing more shopping and dining! Don't miss this opportunity to own in the sough after Portobello community!

Estimated monthly payment

Principal & interest$4,526
Property taxes$684
Home insurance (est.)$410

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 history39 days on market

  1. Status: Active
    Mar 13, 2026
  2. Listed$905,000
    Mar 13, 2026
  3. Price reduced$895,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
39
Subdivision
Portobello
County
Sarasota
Year built
1975
Living area
1,505 sq ft
Price/sq ft
$595
Building area
1,673 sq ft (Public Records)
Lot size
0 sq ft
Lot category
Non-Applicable
Flood zone
VE (12115C0019F)
Annual taxes
$8,208 (2025)
Parcel #
0005021050
Zoning
R4MX
MLS #
A4686024

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Luxury Vinyl
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Window Treatments
Laundry
Inside
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Assigned, Guest

HOA & Financial

Total monthly fees
$1,625/mo
Total annual fees
$19,500
HOA name
Lighthouse Prop Mgmt David Novak
CDD
No
Min lease term
1 Month
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
As per Association rules & regs.- Buyer to confirm with HOA
Approval process
As per Association rules & regs.- Buyer to confirm with HOA

Exterior & Construction

Exterior features
Balcony, Sliding Doors, Tennis Court(s)
Construction materials
Block, Concrete, Stucco
Roof
Built-Up, Membrane
Foundation
Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Community

Pets allowed
No

Schools

ElementarySouthside ElementaryGreatSchools ↗

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

RoomLevelDimensions
KitchenFirst17.1x8.4
Living RoomFirst13.4x13.11
Dining RoomFirst13.4x16.5
Primary BedroomFirst21.7x12.11
Primary BathroomFirst9.3x57
Bedroom 2First13.7x12.2
Bathroom 2First9.1x5.8
Bathroom 2First5x6
DenFirst13.6x12.4

Listing Details

Listing date
2026-03-13
On market date
2026-03-13
Original list price
$905,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-03-13
Tax legal description
UNIT B402 BLDG B PORTOBELLO

Flood risk

High riskFEMA Zone VEPanel 12115C0019F

Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From St. Armand's Circle, take the 1st exit onto North Boulevard of the Presidents and continue onto John Ringling Parkway. Keep going onto Gulf of Mexico Drive, then take a slight right to stay on Gulf of Mexico Drive. Your destination will be on the left.

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MLS GRID

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 April 21, 2026 at 1:15 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA