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3240 GULF OF MEXICO DRIVE UNIT B104

Condo/Co-op For Sale
$475,000

BTC: 7.53968254

ETH: 272.05040092

-$20K (2026/04/22)
55 days
2 bds
2 ba
1,260 sqft

Overview

Experience tranquil island living in this beautifully maintained first-floor residence at Portobello, offering private, serene views of expansive grounds, lush mangroves, and the bay. With your beach, shimmering Gulf waters, and breathtaking sunsets just across the street, this is the perfect coastal retreat. Designed with a desirable split floor plan, the home is filled with natural light from sliding glass doors that span the width of the residence. The large screened-in lanai is accessible from the living area and both bedrooms—seamlessly blending indoor and outdoor living while overlooking a generous grassy yard space and peaceful bayou, perfect for canoeing and kayaking right from your backyard. The kitchen features granite countertops and stainless steel appliances. Offered turn-key and fully furnished, this residence is move-in ready and ideal for seasonal or full-time living. Portobello is a sought-after Beach-to-Bay community ideally located mid-Key, offering an exceptional array of amenities including 600 feet of private beach frontage and 260 feet along the bay. Residents enjoy a heated community pool, tennis courts, clubhouse, BBQ and picnic areas, fishing pier, and kayak launch. Just minutes from the world-class shopping and dining of St. Armands Circle and everything Sarasota has to offer, this exceptional residence invites you to experience the pinnacle of Longboat Key living—where every day feels like a vacation.

Location

Florida • LONGBOAT KEY • 34228 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1975
Lot:
No Data
Heating:
Electric
Price/sqft:
$377
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$559,000
$154K – $1.1M
Confidence Low
List vs. estimate
$84K below estimate
List $475,000 · -15.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$376
-42.3% vs. city median $652
Based on
143 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,538
2025
Furnished
Furnished
Pets
Not allowed
All facts and features

  • Flooring

    • Carpet

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Primary Bedroom Main Floor

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Other Property Information

    • Parcel Number: 0005021033

    • Zoning: R4MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,538

  • Source details

    • MLS ID: A4688243

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Laundry Closet

    • Direction Faces: Southeast

    • Living Area: 1260

    • Water Source: Public

    • Subdivision Name: PORTOBELLO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34228
416
median $1.0M
Active
Same city
LONGBOAT KEY
416
median $1.0M
Active
Same type
Condo/Co-op
217
median $949K
Active
Similar price
$332K – $617K
75
median $475K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW COASTAL LIVING III