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$424,000

2850 Gulf Of Mexico Dr Unit 5 Longboat Key, FL 34228

1 bed
1 full
657 sqft
$645 / sqft
Condo

Property details

About 2850 Gulf Of Mexico Dr Unit 5

Turnkey Vacation Getaway or Smart Investment Opportunity! Own your slice of paradise on Longboat Key with this charming 1-bedroom, 1-bath condo located at 2850 Gulf of Mexico Dr Unit 5. Just directly across from public beach access, this 657 sq ft ground-floor unit is perfectly positioned for both personal enjoyment and strong rental income potential. Whether you're seeking a low-maintenance vacation escape or an income-generating property, this location checks all the boxes. Walk across the street to watch sunset on the sand, then stroll to Publix, Bayfront Park's tennis & pickleball courts, the library, or one of the island’s cozy dining spots. Everything your guests—or you—could want is right at your doorstep. The unit features a bright, open living space with tile flooring, a spacious bedroom, walk-in closet and parking. The well-maintained community offers low HOA fees and a relaxing island vibe that keeps guests coming back. Don’t miss out on this rare opportunity to own on Longboat Key—whether you're investing in your future or your lifestyle.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air
Size657 sqft
Year built1967
ParkingCommon
MLS #A4660349

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Oven, Cooktop, Dishwasher, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Private Pool: No
  • Parking: Common
  • Exterior: Sliding Doors
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $424,000
  • Price/SqFt: $645
  • HOA Amount: $500 Quarterly
  • Directions: From St. Armands Circle, head north on Gulf of Mexico Drive (SR 789) Continue approximately 7 miles. Property is on the right, just past the Publix shopping center and the Longboat Key Library.
  • Year Built: 1967
  • Stories: 2
  • Living Area: 657 SqFt
  • MLS Number: A4660349
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Eddie Campbell

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DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 4:49:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Bay Haven School of Basics Plus

Public Magnet KG-5

4.6 mi

2901 W Tamiami Cir

4

Bayshore Elementary School

Public District PK-5

4.9 mi

6120 26th St W

7

Florine J. Abel Elementary School

Public District PK-5

5.6 mi

7100 Madonna Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $110,119. Most Longboat Key, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
32%
35k-100k
31%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
1%
Single, with Kids
61%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
28%
35-64 yrs old
69%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LexusLexus
  • LincolnLincoln
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2850 Gulf Of Mexico Dr Unit 5

The listing price of 2850 Gulf Of Mexico Dr Unit 5 property is $424,000.

The property 2850 Gulf Of Mexico Dr Unit 5 is a condo located in Longboat Key, Florida, 34228.

Active Listing: 2850 Gulf Of Mexico Dr Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2850 Gulf Of Mexico Dr Unit 5 are: Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Bayshore Elementary School (GreatSchools Rating 4/10), Florine J. Abel Elementary School (GreatSchools Rating 7/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Electra Arcotte Lee Middle School (GreatSchools Rating 2/10), Booker Middle School (GreatSchools Rating 3/10), Booker High School (GreatSchools Rating 3/10), State College of Florida Collegiate School (GreatSchools Rating 10/10), Bayshore High School (GreatSchools Rating 2/10).

The property at 2850 Gulf Of Mexico Dr Unit 5 has 1 bedroom and 1 bathroom.

The property 2850 Gulf Of Mexico Dr Unit 5 is 657 SqFt (source: MLS/tax record).

The year of construction for 2850 Gulf Of Mexico Dr Unit 5 is 1967.

This home is located at 2850 Gulf Of Mexico Dr Unit 5 in Longboat Key, FL and zip code 34228. This 657 square foot home was built in 1967. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $424,000.

In July 2025 more than 1 listings in Longboat Key, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 30 were sold below. The number of homes for sale in Longboat Key, FL decreased by 8.2% between June and July 2025. While the average time on the market in July 2025 was 102 days, the median list price was $1,217,500.

From Rocket Homes Real Estate and based on county public records data.

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