3240 Gulf Of Mexico Drive, FL3240 Gulf Of Mexico Drive, FL3240 Gulf Of Mexico Drive, FL
Stellar MLS
1 / 44

$700,000

3240 Gulf Of Mexico Drive

Longboat Key, FL 34228

Listing updated: August 14, 2026 at 6:48 AM ET

Active
Stellar MLSListing courtesy of Kw Coastal Living Iii · Toni Zarghami · MLS #A4702237 · Active · 941-900-4151
2
Beds
2
Baths
1,210
Sq Ft
1975
Built
WaterfrontWater access$579/sqft360° tour
Condominium

Property type

1975

Year built

$579

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

About this home

Welcome to Portobello, a Gulf to Bay community on mid Longboat Key where residents enjoy their own private beach access just across the street and a bayside dock right outside the door. This beautifully remodeled, turnkey furnished fifth floor condo overlooks the quiet waters of Cranes Bayou, positioned to catch soft morning light while the terrace stays comfortably shaded through the afternoon. Inside, the open floor plan is filled with natural light and finished with new laminate wood flooring, crown molding, plantation shutters, and new light fixtures throughout. The updated kitchen offers stainless steel appliances, custom white cabinetry with crown molding, under cabinet lighting, and a breakfast bar that opens to the dining area. The split bedroom layout is ideal for hosting guests. The oversized primary suite features its own water views, space for a king sized bed, an oversized walk in closet, and an en suite bath with a smart split sink and shower design, while the equally spacious second bedroom sits beside a fully updated second bath. A sleeper sofa in the living room allows the condo to comfortably sleep six, and an in unit washer and dryer adds everyday convenience. The full length screened terrace spans the entire width of the unit and is accessible through new impact sliding doors from the living room and both bedrooms, so the water view follows you from room to room. Portobello's amenities complete the picture. Residents enjoy a heated pool with tennis courts, a fully renovated recreation room, kayak and canoe storage with a launch area, and a dock and walkway for fishing or docking your boat for up to two days. A bayside picnic area with a gas grill and umbrella tables sits near the kayak launch, perfect for sunset cookouts by the water. Just across the street, Portobello's private beach access puts the Gulf and its sugar sand shoreline a short stroll from your door, complete with a beach shower for rinsing off after a day in the sand. Each unit has its own extra ground floor storage locker, and the freshly painted, recently inspected building is centered on a lush tropical courtyard with a fountain, surrounded by beautifully landscaped grounds with paver parking. Condominium fees include water, sewer, trash, and basic cable. You are also just moments from everyday shopping and convenience at the Shoppes of Bay Isles, home to a Publix, CVS, and more, all without ever leaving the island, while St. Armands Circle and downtown Sarasota are an easy drive down the Key. With upgraded windows and doors, furnishings, appliances, and modern baths already in place, this is a Longboat Key retreat ready to enjoy from the very first day. Come experience it for yourself. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**

Estimated monthly payment

Principal & interest$3,540
Property taxes$673
Home insurance (est.)$321

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 history1 days on market

  1. Status: Active
    Aug 13, 2026
  2. Listed$700,000
    Aug 13, 2026
  3. Price increased$700,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
1
Subdivision
Portobello
County
Sarasota
Year built
1975
Living area
1,210 sq ft
Price/sq ft
$579
Building area
1,372 sq ft (Public Records)
Flood zone
X (12115C0107G)
Annual taxes
$8,079 (2025)
Parcel #
0005021059
Zoning
R4MX
MLS #
A4702237

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Laminate, Tile
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Closet
Stories / Levels
One
Direction faces
Southwest

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Attached garage
No
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
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
*HOA to be confirmed by the buyer's agent*
Approval process
*HOA to be confirmed by the buyer's agent*

Exterior & Construction

Exterior features
Balcony, Courtyard, Lighting, Sliding Doors, Storage
Construction materials
Concrete, Stucco
Roof
Built-Up
Foundation
Stilt/On Piling
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

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

Community

Pets allowed
No

Schools

ElementarySouthside ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

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
Bedroom 2First13x17
Primary BedroomFirst14x20
KitchenFirst8x9
Living RoomFirst13x17
Dining RoomFirst13x13
Primary BathroomFirst9x10
Bathroom 2First5x9
Balcony/Porch/LanaiFirst5x28

Listing Details

Listing date
2026-08-06
On market date
2026-08-13
Original list price
$700,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-08-13
Tax legal description
UNIT B504 BLDG B PORTOBELLO

Flood risk

Minimal riskFEMA Zone XPanel 12115C0107G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

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.

More homes like this

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 August 14, 2026 at 6:48 AM 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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