new - 4 days on rocket

3240 Gulf Of Mexico Dr Unit B504, Longboat Key, FL, 34228

$739,000

Home List Price

$8,776*

Closing Credit

2 Bedrooms
2 Full Baths
1,260 SqFt
$587/SqFt
Condo

Location

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3240 Gulf Of Mexico Dr Unit B504, Longboat Key$739,000

Buyer Closing Credits

$8,776*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1975
HeatingCentral
CoolingCentral Air
WaterfrontBay, Beach
MLS #A4634033
StatusActive

About 3240 Gulf Of Mexico Dr Unit B504

This stunningly remodeled and fully furnished fifth-floor condominium offers breathtaking water views of Cranes Bay within this mid Longboat Key – Beachfront Gulf of Mexico-to- Bay, Portobello community. It is the ultimate move-in-ready Longboat Key retreat. This unit is perfectly positioned to capture the soft morning light and enjoy full afternoon shade on the terrace, it’s an ideal spot to relax and take in the waterfront scenery. Within this community, the condo is just a short stroll from the private beach access and a private beach shower, while also enjoying proximity to shopping and grocery stores less than a mile away. Inside, the open floor plan is bathed in natural light, highlighting the stylish and inviting living room. The spacious dining area and updated finishes, including crown molding and plantation shutters, create a welcoming atmosphere. New laminate wood flooring flows throughout the home, adding to its modern feel. The kitchen has been nicely updated with stainless steel appliances, custom cabinetry with crown molding, under-cabinet lighting, and a convenient breakfast bar. The oversized primary bedroom with water views comfortably accommodates a king-sized bed and features an oversized walk-in closet. The en-suite bath is designed for convenience with a split layout for the sink and shower. The second bedroom is equally spacious and has a full second bath, making the split floor plan perfect for privacy. A sleeper sofa in the living room allows the condo to comfortably sleep six guests. The full-length private terrace with all new impact sliding doors is accessible from both the living room and bedrooms, offering incredible views from every room. New screening enhances the outdoor space, providing a serene setting to enjoy the surroundings. The building's exterior has just been freshly painted and inspected for quality, and the grounds are beautifully landscaped. The dock and walkway offer space for fishing or docking your boat for up to two days. This community offers fantastic amenities, including a fully renovated recreation room, kayak and canoe storage with a launch area, a heated pool with new pool furniture, tennis courts, and a paver parking lot. Additionally, each unit has its own extra storage locker on the ground floor and in 2022, the Community Room in the lobby was totally renovated. Condominium fees include water, sewer, trash and basic cable. With upgraded windows and doors, new flooring, new light fixtures, new furnishings throughout, new appliances, modern baths, and thoughtful interior details, it is your new home just waiting for you! Welcome to your new home just waiting for you with upgraded windows and doors, new flooring, new light fixtures, new furnishings throughout, new appliances, modern baths, and thoughtful interior details.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 6
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 388-4447
  • Listing Agent: Francoise Borel

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Ceiling Fans(s), Crown Molding, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay, Beach
  • Exterior: Balcony, Garden, Lighting, Outdoor Shower, Storage, Tennis Court(s)

Parking Information:

  • Parking: Assigned

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From St Armands Circle go north on Gulf of Mexico Drive to Portobello at 3240 Gulf of Mexico Drive, turn right (on Bay side).

Price Information

Listing Price Info

Price Summary:

  • List Price: $739,000
  • Price Per SqFt: $587/SqFt

HOA Fees:

  • Amount: $1625
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$720

Avg. Days On Market

66

# of Sold Homes

37

3240 Gulf Of Mexico Dr Unit B504 vs Longboat Key

4 DAYS ON ROCKET

-62 Days

$739,000

-$517.6K Less

$587/SqFt

-$134 Less

KEY TAKEAWAY

This property is $517.6K less than the Median Sold Price and $134/SqFt less than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4634033

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 388-4447
  • Listing Agent: Francoise Borel

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,297

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,282

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-725934
4
/10
  • Bayshore Elementary School

  • 6120 26th St W

  • 4.74 miles

  • Public District Grades PK-5

school-card-donut-725935
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 4.99 miles

  • Public Magnet Grades KG-5

school-card-donut-725936
6
/10
  • Florine J. Abel Elementary School

  • 7100 Madonna Pl

  • 5.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,125. Most Longboat Key, FL residents have annual incomes less than $35k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3240 Gulf Of Mexico Dr Unit B504

What is the listing price of this property?

The listing price of 3240 Gulf Of Mexico Dr Unit B504 property is $739,000.

What type of property is this?

The property 3240 Gulf Of Mexico Dr Unit B504 is a condo located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 3240 Gulf Of Mexico Dr Unit B504 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3240 Gulf Of Mexico Dr Unit B504 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3240 Gulf Of Mexico Dr Unit B504 is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3240 Gulf Of Mexico Dr Unit B504 is 1975.

Rocket HomesFloridaManatee CountyLongboat Key342283240 Gulf Of Mexico Dr Unit B504

This home is located at 3240 Gulf Of Mexico Dr Unit B504 in Longboat Key, FL and zip code 34228. This 1,260 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $739,000.

Over 0 listings were sold over their listed price in December 2024 in Longboat Key, FL. In the same period over 25 listings were sold below the listed price and 12 listings were sold for the listed price. The number of listings in Longboat Key, FL increased by 31.3% between November 2024 and December 2024. In December 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $1,256,666.

From Rocket Homes Real Estate and based on county public records data.

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