2850 Gulf of Mexico Dr Unit 2 Longboat Key, FL 34228
Estimated payment $3,196/month
Highlights
- 0.55 Acre Lot
- Main Floor Primary Bedroom
- Rear Porch
- Southside Elementary School Rated A
- Solid Surface Countertops
- Living Room
About This Home
Welcome to Neptune on Longboat Key — a charming community where coastal comfort meets relaxed island living. This bright 2-bedroom, 1-bath residence features tile flooring throughout, a full kitchen with quality appliances, and a beautifully tiled bath. The open living and dining area leads to a screened lanai surrounded by lush tropical landscaping — the perfect spot to enjoy morning coffee and Gulf breezes. Neptune is a boutique, 12-unit complex offering direct beach access and tropical grounds. Owners enjoy excellent rental flexibility with a 1-month minimum lease, up to 12 times per year. Ideally located near Publix, St. Armands Circle, and the dining and cultural attractions of Sarasota — perfect as a vacation retreat, income property, or year-round island getaway.
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0342109 Listed on: 10/29/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,006
Year Built
- Built in 1967
HOA Fees
- $500 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Block Exterior
- Stucco
Interior Spaces
- 695 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Sliding Doors
- Living Room
- Tile Flooring
- Laundry in unit
Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
Additional Features
- Rear Porch
- West Facing Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0005164002
Community Details
Overview
- Association fees include common area taxes, maintenance structure, ground maintenance
- Neptune Association / Rachel Brown Association, Phone Number (863) 608-0814
- Neptune On Longboat Key Community
- Neptune On Longboat Key Subdivision
Pet Policy
- Pets Allowed
- Pets up to 2 lbs
- 2 Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,006 | $302,337 | -- | -- |
| 2024 | $4,052 | $274,852 | -- | -- |
| 2023 | $4,052 | $345,500 | $0 | $345,500 |
| 2022 | $3,752 | $314,800 | $0 | $314,800 |
| 2021 | $3,061 | $206,500 | $0 | $206,500 |
| 2020 | $2,799 | $183,500 | $0 | $183,500 |
| 2019 | $2,845 | $198,600 | $0 | $198,600 |
| 2018 | $2,483 | $162,300 | $0 | $162,300 |
| 2017 | $2,600 | $167,800 | $0 | $167,800 |
| 2016 | $2,312 | $145,000 | $0 | $145,000 |
| 2015 | $2,105 | $140,400 | $0 | $140,400 |
| 2014 | $1,933 | $104,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $449,000 | -- | $646 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $117,400 | Attorney | |
| Warranty Deed | $185,000 | Riddelltitle & Escrow Llc | |
| Warranty Deed | $329,900 | Desjarlais Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Commercial | |
| Previous Owner | $155,000 | Seller Take Back |
Source: Stellar MLS
MLS Number: A4670111
APN: 0005-16-4002
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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