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.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Level: First
- Extra Room-1 Description: Storage Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Crown Molding
- Open Floorplan
- Primary Bedroom Main Floor
- Walk-In Closet(s)
- Window Treatments
- Flooring: Tile
- Window Features: Insulated Windows, Shutters
Appliances
- Built-In Oven
- Cooktop
- Dishwasher
- Electric Water Heater
- Freezer
- Ice Maker
- Microwave
- Refrigerator
- Washer
- Laundry Features: Common Area, Inside
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric
Kitchen and Dining
Exterior and Lot Features
- Sliding Doors
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
Waterfront and Water Access
Garage and Parking
- Carport Spaces: 2
- Parking Features: Common
Homeowners Association
- Association: Yes
- Association Fee Includes: Common Area Taxes, Electricity, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Trash, Water
- Calculated Total Monthly Association Fees: 500
- Association Name: Rachel Brown
- Association Phone: 8636080814
- Pets Allowed: Cats OK, Dogs OK, Yes
- Pet Description: Number Of Pets: 2
School Information
- Elementary School: Southside Elementary
- High School: Booker High
- Middle School: Booker Middle
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 1 Month
Amenities and Community Features
- Community Features: Community Mailbox, Street Lights
Other Property Info
- Annual Tax Amount: 4361
- Source Listing Status: Active
- County: Sarasota
- 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.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34228 - Longboat Key
- Property Subtype: condo
- Source Neighborhood: NEPTUNE ON LONGBOAT KEY
- Parcel Number: 0005164005
- Public Survey Range: 17
- Public Survey Section: 07
- Subdivision: NEPTUNE ON LONGBOAT KEY
- Township: 36
- Zoning: R2SF
- Management Company: Part Time
- Property Features: Condo Fees: 1500 Quarterly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 657
- Year Built: 1967
- Building Area Source: Public Records
- Building Area Total: 700
- Building Name: NEPTUNE ON LONGBOAT KEY
- Construction Materials: Block
- Direction Faces: East
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 58
- Property Condition: Completed
- Roof: Built-Up
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Walk-Up
Utilities
- Sewer: Public Sewer
- Electricity Available
- Electricity Connected
- Public
- Water Available
- Water Connected
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s), Touchless Entry
