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$325,000

2850 GULF OF MEXICO DRIVE UNIT 4, LONGBOAT KEY, FL 34228

3D Tour
Active96 days on market

Beds

1

Baths

1

Sq Ft

532 sq ft

Year Built

1967

Lot Size

—

Garage

—

About This Property

Coastal Living on Longboat Key – Neptune Condominium Welcome to your island retreat at Neptune on Longboat Key, a charming boutique community just moments from the Gulf of Mexico. This beautifully updated 1-bedroom, 1-bath condominium offers the perfect blend of comfort, style, and an unbeatable Longboat Key lifestyle. Step inside to discover a bright, open floor plan featuring luxury vinyl flooring, coastal-inspired décor, crown molding, and a tastefully renovated kitchen with cabinetry, updated appliances, quartz-look countertops, and a deep stainless sink. The spacious living and dining area flows effortlessly onto a screened lanai where you can relax with a morning coffee. The generous bedroom provides a peaceful retreat with abundant natural light, while the updated bath and thoughtful finishes create a move-in-ready coastal escape. Located on the desirable south end of Longboat Key, Neptune is a small boutique community known for its quiet atmosphere and convenient location. You're just a short stroll to the beach and only minutes from St. Armands Circle, where you'll enjoy world-class dining, shopping, and entertainment. Downtown Sarasota, cultural attractions, golf, boating, and marinas are also just a short drive away. Neptune is a small, low-density community with minimal common amenities, helping keep ownership simple while offering a peaceful island setting. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this turnkey-furnished condo offers an exceptional opportunity to own a piece of paradise on Longboat Key.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4698791
StatusActive
Year Built1967
Stories2
Total Rooms5
ConstructionBlock, Stucco
RoofBuilt-Up
FoundationSlab
FacesSouth
SubdivisionNEPTUNE ON LONGBOAT KEY
CountySarasota
OwnershipCondominium
FurnishedFurnished

Interior Features

InteriorOpen Floorplan
FlooringLuxury Vinyl
AppliancesDishwasher, Microwave, Range, Refrigerator
LaundryCommon Area
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Rain Gutters, Sliding Doors
Lot FeaturesIn County
Road SurfacePaved, Asphalt
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Public

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$325,000
Annual Taxes$3,248 (2025)
FinancingCash, Conventional, Other
ZoningR2SF
Parcel #0005164004

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighBooker High

Directions

From St Armand circle, go North on Gulf of Mexico Drive to 2850 GOM Drive, just past Bay Isles and Publix Shopping Plaza. Neptune building on the east side. Open parking.

Location

2850 GULF OF MEXICO DRIVE UNIT 4, LONGBOAT KEY, FL 34228

Listing Information

OfficeMANGROVE REALTY ASSOCIATES
ListedJuly 2, 2026

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Home Price

$325,000

20% ($65,000)
6.75%

Loan Term

Principal & Interest$1,686
Property Tax (est.)$298
Insurance (est.)$150
Total Monthly$2,134
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $325,000 home in LONGBOAT KEY.

🏦

Conventional

$16,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 17, 2026.

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