Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 2 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 3 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 4 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 5 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 6 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 7 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 8 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 9 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 10 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 11 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 12 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 13 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 14 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 15 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 16 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 17 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 18 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 19 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 20 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 21 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 22 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 23 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 24 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 25 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 26 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 27 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 28 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 29 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 30 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 31 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 32 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 33 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 34 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 35 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 36 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 37 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 38 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 39 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 40 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 41 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 42 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 43 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 44 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 45 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 46 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 47 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 48 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 49 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 50 of 51
Condominium at 3240 GULF OF MEXICO DR #B504, LONGBOAT KEY, photo 51 of 51
51 photos

$689,000

3240 GULF OF MEXICO DR #B504
LONGBOAT KEY, FL 34228
Listed by Toni Zarghami · KW COASTAL LIVING III
Bedrooms
2
Bathrooms
2
Living area
1,260 sqft
Year built
1975

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. A BRAND NEW AC unit was installed in September 2026, ensuring peace of mind for years to come. 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.**

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRA4702237
Property type
Condominium
Subdivision
PORTOBELLO
Status
Active
Days on market
26
On market date
August 13, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
BAYSHORE ELEMENTARY SCHOOL
4.72 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
677
Student:teacher ratio
14.7:1
District
MANATEE
Middle
ELECTA LEE MAGNET MIDDLE SCHOOL
5.31 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
780
Student:teacher ratio
16.6:1
District
MANATEE
HighCharter
STATE COLLEGE OF FLORIDA COLLEGIATE SCHOOL
5.09 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
25.2:1
District
MANATEE

Walkability

Blended score for LONGBOAT KEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
16.5 / 20 -- Most walkable
Google Places amenity density
21 / 100
Restaurants & cafes1
Grocery stores0
Parks9
Schools0
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in LONGBOAT KEY, from live MLS data.

On the market 26 days -- 236 fewer days than LONGBOAT KEY's current average of 262 days.
For reference, the median list price across 528 active listings in LONGBOAT KEY right now is $624,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,299/mo
$137,800 down
$551,200 loan
Principal & interest$3,575
Property tax (est.)$574
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.