


$700,000
3240 Gulf Of Mexico Drive
Longboat Key, FL 34228
Listing updated: August 14, 2026 at 6:48 AM ET
Property type
Year built
Price / sq ft
HOA dues
Day on market
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
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
- Status: ActiveAug 13, 2026
- Listed$700,000Aug 13, 2026
- 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
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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
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 |
|---|---|---|
| Bedroom 2 | First | 13x17 |
| Primary Bedroom | First | 14x20 |
| Kitchen | First | 8x9 |
| Living Room | First | 13x17 |
| Dining Room | First | 13x13 |
| Primary Bathroom | First | 9x10 |
| Bathroom 2 | First | 5x9 |
| Balcony/Porch/Lanai | First | 5x28 |
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-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.
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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 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.
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