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$39,900

408 GULF OF MEXICO DRIVE UNIT 2126, LONGBOAT KEY, FL 34228

Active48 days on market

Beds

—

Baths

0

Sq Ft

—

Year Built

—

Lot Size

0.60 acres

Garage

—

About This Property

Experience the easiest, most carefree way to own a boat! This privately owned dry-stack boat slip offers exceptional convenience while protecting your investment in a fully enclosed, hurricane-resistant facility. Simply call ahead, and the professional dock staff will have your boat uncovered, launched, and ready when you arrive. After a day on the water, return to the dock and let the attendants handle the rest—they'll rinse your boat, flush the engines, replace the cover, and securely store it back in your assigned slip. Spend more time boating and less time cleaning and maintaining your vessel. The covered dry dock provides outstanding protection from sun, weather, tropical storms, and hurricanes, helping reduce maintenance, preserve your boat's condition, and extend its life. This slip accommodates vessels up to 23'6" L x 8'6" W x 7'2" H (collapsible T-tops only). The marina offers outstanding amenities, including: • Full-service fuel dock • Restrooms with showers • Covered service bays with water and electrical service • Leasing assistance for owners interested in generating rental income Perfectly located at the south end of Longboat Key, adjacent to the popular Dry Dock Grill, you'll enjoy quick access to Sarasota Bay, the Gulf of Mexico via New Pass, world-class fishing, waterfront dining, and countless boating destinations. Whether you're heading out for a sunset cruise, a day of fishing, or lunch by boat, this dry-stack slip makes every outing effortless. Don't miss this opportunity to own a premium boat slip in one of Longboat Key's most desirable boating locations—start enjoying truly hassle-free boating in paradise.

Property Overview

Property TypeResidential
Sub TypeDock-Rackominium
MLS #A4703429
StatusActive
Total Rooms0
ConstructionMetal Siding
RoofMetal
FoundationOther
FacesEast
SubdivisionBOATHOUSE ON LONGBOAT
CountySarasota
OwnershipCondominium

Interior Features

InteriorOther
FlooringOther
LaundryNone
CoolingNone
HeatingNone
SecurityClosed Circuit Camera(s), Security Gate

Exterior & Lot

ExteriorNone
FencingChain Link
Lot Size0.60 acres (26,052 sq ft)
Lot FeaturesFloodZone
Road SurfacePaved
0

Waterfront

WaterfrontYes
FeaturesBay/Harbor

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$39,900
Annual Taxes$408 (2025)
ZoningM1
Parcel #0012042130

Directions

Gulf of Mexico Drive to sign on left "Dry Dock Grill", turn left on southside of the gas station and drive to the rear for parking. Enter dry dock on water side.

Location

408 GULF OF MEXICO DRIVE UNIT 2126, LONGBOAT KEY, FL 34228

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedAugust 19, 2026

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Home Price

$39,900

20% ($7,980)
6.75%

Loan Term

Principal & Interest$207
Property Tax (est.)$37
Insurance (est.)$150
Total Monthly$394
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How to Buy This Home

Multiple financing options available for this $39,900 home in LONGBOAT KEY.

🏛️

FHA Loan

$1,397 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$1,995 Down

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

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

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: August 20, 2026.

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