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Sold for $420,000
  • $420,000

    2850 GULF OF MEXICO DRIVE #8, LONGBOAT KEY, FL 34228

    1beds
    657sqft
    Condominium
    Built in 1967
    -- sqft lot
    $364,400 Zestimate®
    $639/sqft
    $2,246 Estimated rent

    Home value

    $364,400

    $332,000 - $401,000

    $2,246/mo

    Zestimate® history
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    What's special

    Private balconyOffice spaceVersatile studyGorgeous beachSpacious bedroomFully equipped kitchenHurricane windows
    Discover this charming INCOME PRODUCING gem nestled on Longboat Key! Located moments from the gorgeous beach & Gulf of Mexico water, this rarely available 1-bedroom, 1-bathroom condo offers an exceptional coastal living experience with breathtaking Gulf views from its second-floor perch, a sight that truly must be seen in person to fully appreciate. Enjoy unbelievable sunsets regularly with the pristine beach just steps away, accessible via the public beach access point across the street. Revel in the tranquility of crystal-clear waters and the soft, inviting sand beneath your toes, all without the bustling crowds often found at other nearby beaches. Inside, this condo boasts a range of desirable features, including HURRICANE WINDOWS AND SLIDERS for peace of mind, a NEW A/C system installed in 2021, a freshly painted interior, a NEW dishwasher, and WiFi thermostat. The spacious bedroom offers a peaceful retreat with access to a private balcony and a convenient owner's closet. You'll find a cozy living room, perfect for relaxation, as well as a versatile study or office space, and fully equipped kitchen perfect for preparing your favorite meals. Nestled in the heart of mid-Longboat Key, this condo offers convenience at its best, just steps away from Publix and CVS, ensuring that all your daily necessities are easily accessible, simplifying life on the Key. Whether you seek a permanent residence or a vacation retreat, this condo is the perfect fit for a beachside lifestyle. Schedule your showing today and seize the opportunity to make this beachfront haven your very own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Patti, PLLC 407-267-4398,

    NEXTHOME EXCELLENCE 941-893-4505

    Bought with:

    Derek Patti, PLLC, 3281087

    NEXTHOME EXCELLENCE

    Source: Stellar MLS,MLS#: A4566489MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Den/Library/Office
    Primary bedroom
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 12x12
    Den
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 9x7
    Dining room
    • Level: First
    • Dimensions: 12x12
    Kitchen
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 10x10
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Dimensions: 10x10
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
    • Laundry: None
    Features
    • Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Thermostat
    • Flooring: Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Drapes, Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 773
    • Total interior livable area: 657 sqft

    Property

    Parking
    • Parking features: Ground Level, Guest, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Screened
    • Exterior features: Private Mailbox, Sidewalk
    • Has view: Yes
    • View description: Garden, Water
    • Water view: Water
    Lot
    • Features: FloodZone, City Lot, Near Golf Course
    Details
    • Parcel number: 0005164008
    • Zoning: R2SF
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    • Foundation: Slab
    • Roof: Built-Up,Other
    Condition
    • Completed
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Buyer Approval Required
    • Pet fee: $0 monthly
    • Subdivision: NEPTUNE ON LONGBOAT KEY
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Common Area Taxes, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
    • HOA fee: $500 monthly
    • HOA name: Nancy Goble
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $639/sqft
    • Tax assessed value: $339,500
    • Annual tax amount: $4,004
    • Date on market: 4/6/2023
    • Cumulative days on market: 216 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Other

    Price history

    DateEventPrice
    7/12/2024Listing removed$354,900-15.5%$540/sqft
    Source: Stellar MLS #A4499733 Report a problem
    2/5/2024Sold$420,000-10.6%$639/sqft
    Source: Stellar MLS #A4566489 Report a problem
    11/9/2023Pending sale$470,000$715/sqft
    Source: Stellar MLS #A4566489 Report a problem
    10/4/2023Price change$470,000-4.1%$715/sqft
    Source: Stellar MLS #A4566489 Report a problem
    8/7/2023Price change$489,900-2%$746/sqft
    Source: Stellar MLS #A4566489 Report a problem
    6/5/2023Price change$500,000-3.8%$761/sqft
    Source: Stellar MLS #A4566489 Report a problem
    5/2/2023Price change$519,900-3.7%$791/sqft
    Source: Stellar MLS #A4566489 Report a problem
    4/6/2023Listed for sale$539,900+53.4%$822/sqft
    Source: Stellar MLS #A4566489 Report a problem
    6/28/2021Sold$352,000-0.8%$536/sqft
    Source: Public Record Report a problem
    5/24/2021Pending sale$354,900$540/sqft
    Source: Stellar MLS #A4499733 Report a problem
    5/4/2021Price change$354,900-5.3%$540/sqft
    Source: Stellar MLS #A4499733 Report a problem
    4/16/2021Price change$374,900-3.6%$571/sqft
    Source: Owner Report a problem
    4/7/2021Listed for sale$389,000+231.6%$592/sqft
    Source: Owner Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/24/2013Listing removed$1,600$2/sqft
    Source: Owner Report a problem
    10/25/2012Listed for rent$1,600$2/sqft
    Source: Owner Report a problem
    2/23/2010Sold$117,300-7.4%$179/sqft
    Source: Public Record Report a problem
    11/26/2009Listed for sale$126,700-54.7%$193/sqft
    Source: Michael Saunders & Companyr #3916782 Report a problem
    5/13/2005Sold$279,900$426/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,876 -6%$339,500 +6.6%
    2024$4,123 -4.4%$318,600 -3.5%
    2023$4,315 +7.7%$330,000 +9.1%
    2022$4,005 +48%$302,400 +55.2%
    2021$2,706 +10%$194,900 +12.5%
    2020$2,460 +0.4%$173,300 +7.3%
    2019$2,451 $161,480 +10%
    2018$2,451 +18.4%$146,800 +6.4%
    2017$2,071 +11.8%$137,918 +0.8%
    2016$1,852 $136,800 +3.3%
    2015$1,852 +6.1%$132,400 +40.6%
    2014$1,745 +23.5%$94,200
    2013$1,413 -3.4%$94,200 -5.5%
    2012$1,463 -17.8%$99,700 -19%
    2011$1,778 -3.9%$123,100 -1.2%
    2010$1,850 -38.6%$124,600 -29.5%
    2009$3,011 $176,800 -20.2%
    2008$3,011 -18.7%$221,500 -18.6%
    2007$3,704 $272,100 -0.3%
    2006-- $273,045
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $364,400
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    Estimated market value
    $364,400