$450,000
3240 Gulf Of Mexico Drive
Longboat Key, FL 34228
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Experience tranquil island living in this beautifully maintained first-floor residence at Portobello, offering private, serene views of expansive grounds, lush mangroves, and the bay. With your beach, shimmering Gulf waters, and breathtaking sunsets just across the street, this is the perfect coastal retreat. Designed with a desirable split floor plan, the home is filled with natural light from sliding glass doors that span the width of the residence. The large screened-in lanai is accessible from the living area and both bedrooms—seamlessly blending indoor and outdoor living while overlooking a generous grassy yard space and peaceful bayou, perfect for canoeing and kayaking right from your backyard. The kitchen features granite countertops and stainless steel appliances. Offered turn-key and fully furnished, this residence is move-in ready and ideal for seasonal or full-time living. Portobello is a sought-after Beach-to-Bay community ideally located mid-Key, offering an exceptional array of amenities including 600 feet of private beach frontage and 260 feet along the bay. Residents enjoy a heated community pool, tennis courts, clubhouse, BBQ and picnic areas, fishing pier, and kayak launch. Just minutes from the world-class shopping and dining of St. Armands Circle and everything Sarasota has to offer, this exceptional residence invites you to experience the pinnacle of Longboat Key living—where every day feels like a vacation.
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 history56 days on market
- Status: ActiveApr 10, 2026
- Listed$495,000Apr 10, 2026
- Price reduced$450,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 56
- Subdivision
- Portobello
- County
- Sarasota
- Year built
- 1975
- Living area
- 1,260 sq ft
- Price/sq ft
- $357
- Building area
- 1,434 sq ft (Public Records)
- Lot size
- 0 sq ft
- Flood zone
- AE (12115C0019G)
- Annual taxes
- $4,538 (2025)
- Parcel #
- 0005021033
- Zoning
- R4MX
- MLS #
- A4688243
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $1,625/mo
- Total annual fees
- $19,500
- HOA name
- Longboat Private Services / David Novak
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Lease application and background check must be approved prior to lease start date. All community information must be verified by the buyer.
- Approval process
- $150 Application Fee. All community information must be verified by the buyer.
Exterior & Construction
- Exterior features
- Sliding Doors
- Construction materials
- Concrete
- Roof
- Built-Up
- Foundation
- Stilt/On Piling
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Community
- Pets allowed
- No
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 8x10 |
| Living Room | First | 14x21 |
| Dining Room | First | 14x10 |
| Balcony/Porch/Lanai | First | 29x5 |
| Primary Bedroom | First | 13x20 |
| Primary Bathroom | First | 5x10 |
| Bedroom 2 | First | 14x18 |
| Bathroom 2 | First | 5x10 |
Listing Details
- Listing date
- 2026-04-09
- On market date
- 2026-04-10
- Original list price
- $495,000
- Occupant type
- Owner
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-10
- Tax legal description
- UNIT B104 BLDG B PORTOBELLO
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
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.
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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 June 5, 2026 at 3:45 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