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.
Sold for $375,000
Street View
$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
Owner options
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$2,319/mo
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$2,319/mo
Rent Zestimate®
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$2,771/mo
Est. payment
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$2,771/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | $375,000+188.5%$540/sqft |
Source: Public Record Report a problem | ||
| 4/22/2013 | Sold | $130,000-35%$187/sqft |
Source: Public Record Report a problem | ||
| 8/4/2012 | Listing removed | $200,000$288/sqft |
Source: Premier Sotheby's International Realty #N5775501 Report a problem | ||
| 1/29/2012 | Listed for sale | $200,000-37.4%$288/sqft |
Source: Signature Sotheby's International Realty #N5775501 Report a problem | ||
| 5/3/2005 | Sold | $319,500$460/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 7.1 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 6.3 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 5.4 mi
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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
- Florida
- Sarasota County
- Longboat Key
- 34228
- 2850 Gulf Of Mexico Dr Apartment 1