$880,000
Active3240 Gulf of Mexico Dr #B402, Longboat Key, FL 34228
2 beds · 2 baths · 1,505 sq ft
Listing courtesy of PREFERRED SHORE LLC · MLS# A4686024
229 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Deeded beach access
- Two balconies
- Gulf views
- Bayou views
- End unit
- Glassed-in balcony
- Bonus study/den
- Community pool
AI-selected highlights from the listing description below.
TURNKEY Furnished Portobello condo with Deeded Beach Access! TWO Balconies with Sunsets AND Sunrises included! Enjoy Beach and Bayou water access! Rarely available end unit with two balconies and lots of privacy and natural lighting. The front open balcony has unobstructed Gulf views whilst the rear balcony is glassed in with sliders/screens and faces the Bayou. This 4th Floor condo has elevator access, 1 owners storage locker, ample in unit storage and 1 assigned parking space. Condo fee includes Water, Sewer, Trash, Cable/Internet, Pest Control, on site Maintenance and Exterior Insurance. Well established social community with Community Pool, Clubhouse, Tennis Courts, Kayak storage/launch, Fishing Pier, BBQ area and ELEVATED mature landscaping. This spacious floorplan is one of the larger floorpans in the community providing you with list and bright spaces, tons of closet space and even a bonus study/den area to use as you please! Stacked Washer/Dryer located near the hallway 2nd Bathroom which has been renovated. Beautifully upgraded Kitchen with high quality cabinetry and 4 storage closets for all your pantry, cleaning and large cooking items. The Primary Bedroom has the most wonderful private bayou water views! Attached en suite full bathroom with lots of counter space. Secondary bedroom has its own separate balcony entrance. This community is located a short drive away from Publix, CVS, banks, Post office, nail salons and Golfing! New development nearby is bringing more shopping and dining! Don't miss this opportunity to own in the sough after Portobello community!
Facts
- Property type
- Condominium
- Year built
- 1975
- Bathrooms
- 2 full
- Living area
- 1,505 sqft
- Waterfront
- Yes · 1,000 ft
- Water access
- Bay/Harbor, Bayou, Beach, Beach - Access Deeded, Gulf/Ocean
- Water view
- Yes
- Private pool
- No
- Exposure
- West
- Furnished
- Furnished
- Flood zone
- VE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $8,208/yr
- Monthly fees
- $1,625/mo
- Listed
- Mar 13, 2026
- MLS #
- A4686024
Price & status history
- Listed for $905,000
- Price reduced to $880,000from $895,000
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 3240 GULF OF MEXICO DR #B402. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$7,492
$4,450 of that is principal & interest. 41% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $4,450
- Property taxes
- $684
- Homeowners insurance
- $733
- Flood insurance
- $0
- HOA / condo fees
- $1,625
- Mortgage insurance (PMI)
- $0
- Total per month
- $7,492
Over the life of the loan
- Loan amount
- $704,000
- Down payment
- $176,000
- Total interest
- $897,913
- Principal + interest paid
- $1,601,913
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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3240 Gulf of Mexico Dr #B402, Longboat Key, FL 34228
Listing courtesy of PREFERRED SHORE LLC · MLS# A4686024 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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