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Sold for $375,000
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  • $375,000

    2850 Gulf Of Mexico Dr APT 1, Longboat Key, FL 34228

    2beds
    1baths
    695sqft
    SingleFamily
    Built in 1967
    -- sqft lot
    $371,700 Zestimate®
    $540/sqft
    $2,319 Estimated rent

    Home value

    $371,700

    $338,000 - $409,000

    $2,319/mo

    Zestimate® history
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    $2,319/mo

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    $2,771/mo

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    $2,771/mo

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    What's special

    SURFS UP! Hear the roar of the Gulf from this first floor cute as can be beach getaway. Walk directly across the street to your entrance to the beach. Limited public access to this section of the beach makes the beach feel like its yours alone. After your afternoon swim, enjoy bar-b-queuing on your patio while your guests relax on the adjoining lanai. Theres nothing to compare to the Longboat Key lifestyle and this is your chance to experience Longboat Key in one of the most affordable, move-in ready 2 bedroom split plan condos on the Key. Maintenance free and low quarterly association fees. Walk to the adjoining marketplace with Publix, unique shops and excellent dining. This south end Longboat Key location is close to St. Armands Circle and downtown Sarasota. Additional income is available in this highly desirable investment potential allowing 30 day minimum rental periods! Furniture is available under separate contract for immediate investment opportunity.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Other
    Features
    • Flooring: Other, Carpet
    Interior area
    • Total interior livable area: 695 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Territorial
    Details
    • Parcel number: 0005164001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Built-up
    Condition
    • Year built: 1967

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $367 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $540/sqft
    • Tax assessed value: $348,800
    • Annual tax amount: $4,479

    Price history

    DateEventPrice
    3/11/2026Sold$375,000+188.5%$540/sqft
    Source: Public Record Report a problem
    4/22/2013Sold$130,000-35%$187/sqft
    Source: Public Record Report a problem
    8/4/2012Listing removed$200,000$288/sqft
    Source: Premier Sotheby's International Realty #N5775501 Report a problem
    1/29/2012Listed for sale$200,000-37.4%$288/sqft
    Source: Signature Sotheby's International Realty #N5775501 Report a problem
    5/3/2005Sold$319,500$460/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,479 +5.6%$318,149 +10%
    2024$4,241 -0.1%$289,226 +10%
    2023$4,247 +8%$262,933 +10%
    2022$3,933 +22.5%$239,030 +10%
    2021$3,211 +9.4%$217,300 +12.5%
    2020$2,935 +0.8%$193,100 +8.6%
    2019$2,913 $177,760 +10%
    2018$2,913 +17.8%$161,600 -2.2%
    2017$2,473 +11.9%$165,300 +8.3%
    2016$2,210 $152,600 +3.5%
    2015$2,210 +4.2%$147,400 +41.2%
    2014$2,120 +35.4%$104,400
    2013$1,566 -3.4%$104,400 -5.5%
    2012$1,621 -16.9%$110,500 -18.2%
    2011$1,952 -5.2%$135,100 -2.6%
    2010$2,060 -37.7%$138,700 -29.7%
    2009$3,306 $197,200 -18.9%
    2008$3,306 -18%$243,200 -17.9%
    2007$4,032 $296,200 -0.6%
    2006-- $298,025
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $371,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $371,700