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.
For sale
$449,000
2850 Gulf Of Mexico Dr APT 2, Longboat Key, FL 34228
2beds
695sqft
Est.:
Condominium
Built in 1967
-- sqft lot
$417,900 Zestimate®
$646/sqft
$500/mo HOA
What's special
Direct beach accessTropical groundsBeautifully tiled bath
- 42 days |
- 198 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 10:47am
Listing Provided by:
Bruce Myer 941-376-5311,
COLDWELL BANKER REALTY 941-383-6411,
Chase Myer 941-315-5318,
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4670111
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 176 Square Feet
- Dimensions: 11x16
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 117 Square Feet
- Dimensions: 9x13
Balcony porch lanai
- Level: First
- Area: 105 Square Feet
- Dimensions: 21x5
Kitchen
- Level: First
- Area: 50 Square Feet
- Dimensions: 5x10
Living room
- Level: First
- Area: 255 Square Feet
- Dimensions: 15x17
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
- Laundry: Inside, Other
Features
- Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters
- Flooring: Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 791
- Total interior livable area: 695 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch
Lot
- Size: 0.55 Acres
Details
- Parcel number: 0005164002
- Zoning: R2SF
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Other
Condition
- Completed
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: NEPTUNE ON LONGBOAT KEY
HOA
- Has HOA: No
- Services included: Common Area Taxes, Maintenance Structure, Maintenance Grounds
- HOA fee: $500 monthly
- HOA name: Neptune Association / Rachel Brown
- HOA phone: 863-608-0814
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $325,800
- Annual tax amount: $4,005
- Date on market: 10/29/2025
- Cumulative days on market: 386 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$417,900
$397,000 - $439,000
$2,916/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $449,000-8.2%$646/sqft |
Source:  Stellar MLS #A4670111 Report a problem | ||
| 10/16/2025 | Listing removed | $489,000$704/sqft |
Source: Stellar MLS #A4626210 Report a problem | ||
| 3/10/2025 | Price change | $489,000-5.8%$704/sqft |
Source: Stellar MLS #A4626210 Report a problem | ||
| 11/27/2024 | Price change | $519,000-5.5%$747/sqft |
Source: Stellar MLS #A4626210 Report a problem | ||
| 10/18/2024 | Listed for sale | $549,000+196.8%$790/sqft |
Source: Stellar MLS #A4626210 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $302,337 +10% |
| 2024 | $4,006 -1.1% | $274,852 +10% |
| 2023 | $4,052 +8% | $249,865 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,312/mo
Principal & interest
$2180
HOA Fees
$500
Other costs
$632
Climate risks
Neighborhood: 34228
Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: PK-5Distance: 7.1 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 6.3 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 5.3 mi
- Loading
- Loading
