3240 GULF OF MEXICO DRIVE
LONGBOAT KEY, FL 34228
About this home
Welcome to Portobello, a Gulf to Bay community on mid Longboat Key where residents enjoy their own private beach access just across the street and a bayside dock right outside the door. This beautifully remodeled, turnkey furnished fifth floor condo overlooks the quiet waters of Cranes Bayou, positioned to catch soft morning light while the terrace stays comfortably shaded through the afternoon. Inside, the open floor plan is filled with natural light and finished with new laminate wood flooring, crown molding, plantation shutters, and new light fixtures throughout. The updated kitchen offers stainless steel appliances, custom white cabinetry with crown molding, under cabinet lighting, and a breakfast bar that opens to the dining area. The split bedroom layout is ideal for hosting guests. The oversized primary suite features its own water views, space for a king sized bed, an oversized walk in closet, and an en suite bath with a smart split sink and shower design, while the equally spacious second bedroom sits beside a fully updated second bath. A sleeper sofa in the living room allows the condo to comfortably sleep six, and an in unit washer and dryer adds everyday convenience. The full length screened terrace spans the entire width of the unit and is accessible through new impact sliding doors from the living room and both bedrooms, so the water view follows you from room to room. Portobello's amenities complete the picture. Residents enjoy a heated pool with tennis courts, a fully renovated recreation room, kayak and canoe storage with a launch area, and a dock and walkway for fishing or docking your boat for up to two days. A bayside picnic area with a gas grill and umbrella tables sits near the kayak launch, perfect for sunset cookouts by the water. Just across the street, Portobello's private beach access puts the Gulf and its sugar sand shoreline a short stroll from your door, complete with a beach shower for rinsing off after a day in the sand. Each unit has its own extra ground floor storage locker, and the freshly painted, recently inspected building is centered on a lush tropical courtyard with a fountain, surrounded by beautifully landscaped grounds with paver parking. Condominium fees include water, sewer, trash, and basic cable. You are also just moments from everyday shopping and convenience at the Shoppes of Bay Isles, home to a Publix, CVS, and more, all without ever leaving the island, while St. Armands Circle and downtown Sarasota are an easy drive down the Key. With upgraded windows and doors, furnishings, appliances, and modern baths already in place, this is a Longboat Key retreat ready to enjoy from the very first day. Come experience it for yourself. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,210 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Laminate, Tile
- Stories
- 5
- Features
- Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters…
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Exterior & lot
- Waterfront
- Yes
- Roof
- Built-Up
- Construction
- Concrete, Stucco
- Exterior
- Balcony, Courtyard, Lighting, Sliding Doors, Storage
Financial
- Annual tax
- $8,079 (2025)
- Price / sqft
- $579/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
Property
- Property type
- Condo
- Year built
- 1975
- Subdivision
- PORTOBELLO
- County
- Sarasota
Assigned schools
- Elementary
- Southside Elementary
- Middle
- Booker Middle
- High
- Booker High
Listing
- Status
- Active
- Days on market
- 1 day
- MLS #
- MFR802042896
- Source
- Stellar MLS
Listed by Toni Zarghami · KW COASTAL LIVING III
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 13 comparable sales within 2 miles of LONGBOAT KEY, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $3,540/mo
- Property tax
- $673/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 6, 2026 | Listed | $700,000 | — |
NeighbourhoodSample data
Reference scores for LONGBOAT KEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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