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3240 Gulf Of Mexico Drive Unit: Unit: B504, Longboat Key, FL

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$689,000

($547/sqft)

List Status: Active
3240 Gulf Of Mexico Drive
Longboat Key, FL 34228


2 beds
2 baths
1260 living sqft
Top Features
  • Frontage: Bay/Harbor, Intracoastal Waterway, Bayou
  • View: Water, Trees/Woods
  • Subdivision: Portobello
  • Built in  1975
  • Condominium
Description
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. A BRAND NEW AC unit was installed in September 2026, ensuring peace of mind for years to come. 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
Property Details
Property Features
Property Sub Type
Condominium
View
Water, Trees/Woods
Frontage
Bay/Harbor, Intracoastal Waterway, Bayou
Parking
Assigned, Guest
County
Sarasota
Subdivision
PORTOBELLO
Building Name
BLDG B PORTOBELLO
Additional Information
Additional Lease Restrictions
*HOA to be confirmed by the buyer's agent*
Additional Parcels YN
false
Alternate Key Folio Num
0005021059
Amenities Additional Fees
*HOA to be confirmed by the buyer's agent*
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Approval Process
*HOA to be confirmed by the buyer's agent*
Association Amenities
Clubhouse, Elevators, Maintenance, Pickleball Court(s), Pool, Tennis Court(s)
Association Approval Required YN
1
Association Email
david@longboatps.com
Association Fee Includes
Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
Association YN
true
Attached Garage YN
false
Available For Lease YN
1
Bathrooms Total Integer
2
Building Area Source
Public Records
Building Area Total
1372
Building Area Total Srch SqM
127.46
Building Area Units
Square Feet
Building Elevator YN
1
Calculated List Price By Calculated SqFt
546.83
Carport YN
false
Community Features
Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
Condo Fees
4875
Condo Fees Term
Quarterly
Construction Materials
Concrete, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
26
Current Price
689000.00
Direction Faces
Southwest
Elementary School
Southside Elementary
Exterior Features
Balcony, Courtyard, Lighting, Storage
Fireplace YN
false
Flood Zone Code
X
Flood Zone Date
2024-03-27
Flood Zone Panel
12115C0107G
Floor Number
5
Flooring
Laminate, Tile
Foundation Details
Stilt/On Piling
Furnished
Furnished
Garage YN
false
Heating
Central, Electric
High School
Booker High
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
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Closet
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
117.06
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
City Limits, Sidewalk, Paved
Middle Or Junior School
Booker Middle
Minimum Lease
1 Month
Modification Timestamp
2026-09-08T14:53:10.500Z
Monthly Condo Fee Amount
1625
New Construction YN
false
Num Times per Year
3
Occupant Type
Vacant
Ownership
Fee Simple
Parcel Number
0005021059
Patio And Porch Features
Patio, Screened
Pets Allowed
No
Pool Private YN
false
Postal Code Plus 4
2839
Previous List Price
700000
Price Change Timestamp
2026-08-26T12:54:02.000Z
Property Description
Mid Rise
Public Survey Range
17E
Public Survey Section
07
RATIO Current Price By Calculated SqFt
546.83
Road Surface Type
Paved
Roof
Built-Up
Room Count
8
SW Subdiv Community Name
Portobello
Security Features
Smoke Detector(s)
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Supra Lock Box, Go Direct, ShowingTime
Status Change Timestamp
2026-08-13T18:50:55.000Z
Stories Total
5
Tax Annual Amount
8079.37
Tax Block
504
Tax Book Number
1121-2055
Tax Legal Description
UNIT B504 BLDG B PORTOBELLO
Tax Lot
B504
Tax Year
2025
Total Annual Fees
19500.00
Total Monthly Fees
1625.00
Township
36S
Universal Property Id
US-12115-N-0005021059-S-B504
Unparsed Address
3240 GULF OF MEXICO DR #B504
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
Vegetation
Mature Landscaping
Water Access
Bay/Harbor, Bayou, Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
Water Access YN
1
Water Source
Public
Water View
Bay/Harbor - Full, Bayou, Intracoastal Waterway
Water View YN
1
Waterfront YN
true
Window Features
Window Treatments
Zoning
R4MX
Neighborhood Map
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MLS #MFRA4702237 Listing courtesy of Kw Coastal Living Iii provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer 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. The source of the listing data is as follows: Stellar MLS (updated 9/30/26 4:09 AM) |

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